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Wealthsimple Receives up to $30 million Investment from Power Financial Corporation

Toronto's Wealthsimple today announced it has entered into a partnership with Power Financial Corporation, through a wholly owned subsidiary.

Under the agreement, Power Financial will, subject to regulatory approval, invest $10 million, and can invest up to $20 million into Wealthsimple over the next 12 months, with the option to make further investments over the next three years.

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Canadian Companies Struggling to Keep Pace with Increasingly Demanding Customers

Canadian companies are struggling to keep pace with the increasingly “always on” nature of their customers, their greater use of digital channels, and their growing acceptance of non-traditional providers, according to new research from Accenture.

As a result, the “Switching Economy” – the potential revenue up for grabs in the Canadian market due to changes in consumer spending patterns and switching rates – has swelled to nearly $200 billion, a 16 percent increase since 2010.

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How to Become a Legaltech Entrepreneur

Each week we meet several aspiring entrepreneurs in the legal vertical, each one weighing a series of life-altering decisions and re-imaging a course that was firmly set.

The one critical recurring question is "Should I do this full-time?" which usually translates to "Should I quit my at least reasonably lucrative job as a lawyer?" or "Should I just go straight into entrepreneurship after I finish law school?"

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Rajen Ruparell's Journey from Entrepreneur to Investor

Rajen Ruparell, the Calgary-born entrepreneur best known for founding Citydeal in Europe, which was later bought by Groupon, is already finding much success in his latest investment, Endy.

The online-only mattress store offers mattresses for much less than those found in traditional showrooms, and made at least $500,000 in its first week of sales.

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