Neo Financial attracts C$360m to fuel Canadian fintech growth amid venture funding slump

Neo Financial attracts C$360m to fuel Canadian fintech growth amid venture funding slump

In a remarkable stride for Canadian fintech, Neo Financial has closed a CAD $360 million Series D funding round, one of the largest in the global fintech sector this year. The round, comprising CAD $110 million in equity and CAD $250 million in debt, features a star-studded roster of Canadian tech leaders, including Tobi Lütke, […]

Shopify to acquire US warehouse automation company 6 River Systems

Shopify to acquire US warehouse automation company 6 River Systems

Shopify acquisition of 6 River Systems : Canadian e-commerce company Shopify has agreed to acquire outstanding securities of US warehouse automation company 6 River Systems in a transaction valued at approximately US$450 million. The acquisition of 6 River Systems will add cloud-based software and collaborative mobile robots Chuck to the recently introduced Shopify Fulfillment Network. […]