Father-son duo Gary and Tal Schwartz started the $20-million fund, which is working with a group of entrepreneurs to invest between $250,000 to $1 million in pre-seed and seed rounds. Gary previously founded the Canadian Lenders Association, while Tal founded the Canadian Fintech Newsletter. (The Logic)
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Father-son duo Gary and Tal Schwartz started the $20-million fund, which is working with a group of entrepreneurs to invest between $250,000 to $1 million in pre-seed and seed rounds. Gary previously founded the Canadian Lenders Association, while Tal founded the Canadian Fintech Newsletter. (The Logic)
Talking point: The Canadian fintech ecosystem is “bursting” with innovation, and regulations are becoming more friendly toward the industry, Tal Schwartz wrote in his newsletter. Fintech investments in Canada hit an all-time record of US$7.8 billion in the first half of 2024, driven by buyouts of two Montreal-based companies: Nuvei and Plusgrade. The two private equity investments were some of the largest in the world, a KPMG report found.
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