June 1, 2019 /NCFA/ – What is your background, and how did you come to co-found Luge Capital? Karim: My background is in fintech, mobile tech, engineering, finance and strategy. Prior to Luge, I was at PayPal, leading M&A activities in Canada. I joined PayPal...

May 29, 2019 /MEDICI/ – Bruce Schneier of IBM ended his main stage presentation at the Payments Canada Summit by telling the world not to use the blockchain. Although he was speaking from a security perspective, his words were more far-reaching than that. For decades,...

  March 27, 2019 /BetaKit/ –  I (Mark MacLeod) was in Ottawa recently to present my thoughts on the state of the Canadian SaaS industry. The fact that 500 people showed up on a Wednesday night says a lot about the state of our ecosystem. Canada is ‘SaaSy’. I...

March 27, 2019 /Financial Post/ -   Innovation Nation: Canada is lagging its global peers in adopting new financial technologies and more co-operation between established banks and startup fintechs would help Canada has a rich history of innovation, but in the next...

  March 26, 2019 /MTLinTECH/ –  Don’t call it a series A. Montreal-based FinTech fund Luge Capital has announced its 4th investment in just over 9 months since the company was founded. This time around they are partnering with Finaeo, a Toronto InsurTech that’s...

March 26, 2019 /PE Hub/ -  Toronto-based insurance technology provider Finaeo has raised $5.35 million in a seed-stage financing. Luge Capital, a Canadian fintech venture capital firm, led the round. It was joined by RGAX, an affiliate of U.S. life reinsurance...

  March 26, 2019 /BetaKit/ – Insurtech startup Finaeo announced today that it has raised $5.35 million CAD in funding, calling the raise an extension of its seed round. The Toronto-based company closed on $2.25 million in 2017, bringing its total funding to date...

  March 28, 2019 /Insurance Journal/ –  Canadian insurtech Finaeo has raised $5.35 million in funding, led by Luge Capital, a venture capital fund focused on early-stage fintech and artificial intelligence. Finaeo CEO and co-founder Aly Dhalla said the new...