T: The FinTech Times - M&A surge
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before anyone else, make sure to subscribe using the form at the bottom of this page. The Series C financing follows $25 million USD in growth capital financing Vena secured in September from CIBC Innovation Banking. BetaKit spoke to key members of the Canadian innovation ecosystem to determine why M&A activity is up, and where itâ€™s going. As a result of the new round, the FinTech company has roughly tripled its valuation in five months, to $2.2 billion.