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, […]

Walt Disney ditches Slack after massive data breach exposes sensitive information

Walt Disney ditches Slack after massive data breach exposes sensitive information

Walt Disney has made a bold move to cut ties with Slack, the workplace collaboration platform owned by Salesforce, after a major data breach exposed over one terabyte of sensitive company information. In July 2024, hacking group NullBulge infiltrated Disney’s Slack channels, compromising around 44 million messages, including internal communications, financial data, and details of […]