Recapitalized Clearco loses unicorn status as ex-CEO Michele Romanow eyes next move
E-commerce financier raises new capital, retires debt and raises new off-balance-sheet funding facility
Source: theglobeandmail.com
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National Bank strikes deal to buy Silicon Valley Bank's Canadian loan book
National Bank of Canada says the portfolio it will nab is made up of about $1-billion in loan commitments, of which $325-million are outstanding
Source: theglobeandmail.com
Was RenoRun abandoned by investors or just another mannequin startup?
Matt Cohen, Managing Partner at Ripple Ventures and host of the Tank Talks podcast, joins to unpack the complicated spot Canadian startups find themselves in.
Source: betakit.com
Michele Romanow steps down as Clearco CEO as company cuts more staff
Clearco co-founder Michele Romanow has stepped down as CEO of the e-commerce lending company as it prepares to cut more staff. Read on
Source: leaderpost.com
What does Clearco's retraction mean for revenue-based financing?
We spoke to Daniel Lipinski of Outfund, the company taking over Clearco’s international clients, about the future of revenue-based financing.
Source: siliconrepublic.com