FoundersBeta has announced Powerpay as its newest sponsor, bringing one of Canada's leading payroll solutions to its growing community of entrepreneurs and startup founders. For more than 25 years, Powerpay has helped Canadian businesses simplify payroll through technology designed to reduce administrative work and improve payroll accuracy. Today, more than 46,000 businesses across Canada rely on Powerpay to automate payroll...

Montreal-based fintech company Nesto has secured a CAD $302 million Series E financing round at a CAD $1.47 billion valuation, providing fresh capital to accelerate the company's technology roadmap and expand its AI-powered financial services platform. The round includes a combination of primary and secondary capital and attracted a mix of new and returning investors. New backers include La Caisse,...