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Clearco secures new equity financing from existing investors and asset-backed facility as struggling FinTech executes complex recapitalization plan

Toronto-based FinTech startup Clearco has completed a series of significant financial transactions designed to strengthen the company’s balance sheet.

Canada , Ireland , Australia , United-kingdom , United-states , Germany , America , Canadian , Andrew-curtis , Michele-romanow , Karam-nijjar , Andrew-dsouza

Clearbanc rebrands, raises $350 million USD to provide full-stack founder support

With fresh capital and a new name, Clearbanc has moved beyond its investing roots to become a full-stack founder support platform.

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OKR Financial launches $150 million fund to help early-stage startups access funding, loans, grants

OKR Financial launches $150 million fund to help early-stage startups access funding, loans, grants
Calgary-based debt and financing advisor OKR Financial has launched a $150 million fund aimed to support early-stage technology startups in Canada in accessing funding, loans, and grants.
“We are excited to deploy this $150 million to see more companies grow, scale and exit.”
The fund will specifically help companies looking to take advantage of SR&ED Tax Credits, asset-based lending, government grant financing or equity deals. The purpose of OKR Financial’s fund is to ensure companies can access non-dilutive funding and extend their runway until they receive their tax credit from the government.

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F|T: The FinTech Times - Banking-as-a-service's new problems

RECOMMENDED BY INVEST OTTAWA:
International Womxn’s Week (IWW) is twelve jam-packed days of virtual events designed to unite allies and inspire, equip, and empower womxn in leadership in professional fields.
Kick-off IWW on Monday, March 1st at The “F” Factor: Fuelling Womxn Founders, a free digital ‘tell-all’ event featuring an all-star panel and keynote by Mandela SH Dixon, CEO & Cofounder, Founder Gym.
Founder Gym is an online program that trains underrepresented founders on how to raise money, whose graduates have gone on to raise over $80M in capital in less than three years.
This event is all about funding, fundraising, and fearlessness in growing your startup or scale-up.

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