TD Innovation Partners will offer banking, lending and investment services to Canadian tech and innovation companies. Shez Samji, former head of business development at Silicon Valley Bank, is leading the division. (The Logic)
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TD Innovation Partners will offer banking, lending and investment services to Canadian tech and innovation companies. Shez Samji, former head of business development at Silicon Valley Bank, is leading the division. (The Logic)
Talking point: TD is among the Canadian banks that have snapped up SVB talent and clients in the wake of the tech-firm lender’s collapse last year. That’s helped fuel competition among the banks for tech entrepreneurs. TD’s new tech unit puts it up against rivals like CIBC and RBCx, which have been leaders in Canada’s venture-debt business, as well as National Bank of Canada, which bought SVB’s Canadian loan portfolio last August.
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