|
|
|
|
|
11.06.26 - 11:06
|
KOHO Raises $130 Million at $1.33B Valuation to Fund Growth and Continue Pursuit of Bank License (Business Wire)
|
|
|
Round brings in Mubadala, Savano Capital, Shopify founder Tobi Lütke, and Affirm COO Michael Linford alongside existing investorsVANCOUVER, British Columbia--(BUSINESS WIRE)--KOHO, Canada's leading financial technology company, today announced it has raised $130 million CAD, representing an important step towards the continued pursuit of its federal banking licence.
The round includes new investors whose backing reflects both institutional weight and operator credibility. Mubadala, the Abu Dhabi-based sovereign investor managing over $385 billion USD in assets, and Savano Capital, a Baltimore-based investment firm that targets investments in high-growth, expansion-stage businesses, join as new institutional partners. Tobi Lütke, founder and CEO of Shopify, and Michael Linford, COO of Affirm, who are among the most respected operator-investors in North American technology and fintech, also invested in the financing round.
Existing investors Portage Ventures, Drive Capital, BDC Capital, HOOPP, and Eldrid...
|
|
|
10.06.26 - 22:36
|
1 Smart Way to Use a TFSA to Increase Your Contribution (Fool)
|
|
|
TFSA growth can quietly snowball your future tax shelter, and Shopify shows both the upside and the gut-check volatility.
The post 1 Smart Way to Use a TFSA to Increase Your Contribution appeared first on The Motley Fool Canada....
|
|
|
|
|
|
|
|
|
|
|
08.06.26 - 17:51
|
Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown (ZeroHedge)
|
|
|
Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown
Website builder Wix announced an "organizational realignment" on Monday that will cut roughly 20% of its workforce, as the company warned of a sharper-than-expected slowdown in its Partners business.
The restructuring is designed to streamline operations, discontinue lower-priority initiatives, and reallocate resources toward Wix's core growth areas.
"The organizational realignment to streamline operations and reallocate resources to support the Company's top strategic priorities. This includes the scaling down and/or discontinuation of certain activities, initiatives, products, and subsidiaries," Wix wrote in a Form 6k filing earlier this morning.
As of 1Q26, Wix had 5,277 employees, so a 20% cut would represent about 1,055 layoffs.
Wix is a SaaS website builder that competes with platforms such as Shopify, Squarespace, GoDaddy, and WordPress-related services. There was no mention of whether AI-related efficiencies...
|
|
|
08.06.26 - 16:45
|
Is Shopify (SHOP) a Buy as Wall Street Analysts Look Optimistic? (Zacks)
|
|
|
According to the average brokerage recommendation (ABR), one should invest in Shopify (SHOP). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?...
|
|
|
08.06.26 - 15:06
|
Huge Acquires Rotate°, Adding Composable Commerce Expertise to Its AI-Native Design and Technology Practice (Business Wire)
|
|
|
London-based Shopify Plus specialists join Huge as the company formalizes composable commerce as a core capabilityNEW YORK & LONDON--(BUSINESS WIRE)--Huge, an independent AI-native design and technology company, today announced the acquisition of Rotate°, a London-based commerce agency specializing in composable ecommerce. The acquisition formally establishes Composable Commerce as a core capability alongside Huge's five existing offerings: Products & Platforms, Marketing & Content, Customer Experience, Brand Strategy & Design, and Data & AI. Financial terms of the transaction were not disclosed.
Rotate° is a team of senior commerce specialists with deep expertise in enterprise Shopify, composable architecture, and AI-enabled commerce delivery. As a long-time Shopify Plus partner, a designation held by only the top 1.5% of Shopify firms globally, Rotate° has built long-term partnerships with premium brands across lifestyle, apparel, and consumer sectors. The full team, led by Jim Tattersall, Andy Jack...
|
|
|
|
|
|
|
|
|
03.06.26 - 22:30
|
FintechWerx Launches EMTWerx 2.0 Featuring Automated Interac E-Transfer Capability (The Newswire)
|
|
|
Vancouver, British Columbia - 3 June, 2026 - TheNewswire - FintechWerx International Software Services Inc. (CSE: WERX) (“FintechWerx” or the “Company”) is pleased to announce that EMTWerx 2.0, now including a Shopify Payment Extension, is complete and available to Shopify merchants today. Merchants can sign up here: GetFTWPay.com.
The submission to Shopify for inclusion of EMTWerx in its Shopify App Store is now underway. If approved, EMTWerx 2.0 will be available for download directly from the Shopify App Store.
The extension is designed to provide eCommerce merchants with access to automated Interac e-Transfer functionality as an additional payment acceptance option. The solution is targeted to Canadian businesses and for merchants outside Canada seeking to serve Canadian consumers, through a payment method that is widely recognized and trusted across the country.
In addition to automated Interac e-Transfer functionality, the extension is designed to connect merchants to the broader PaymentWer...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
