National Australia Bank, Royal Bank of Canada and Power Corporation have taken part in a $24m late-stage funding round for the personal accounting service.
Wave, a Canada-based financial management software developer, raised $24m in capital yesterday from investors including financial services firms National Australia Bank and Royal Bank of Canada (RBC).
Portag3, the financial services-focused investment arm of financial conglomerate Power Corporation, also participated, as did crowdfunding platform OurCrowd, CRV, Social Capital and Harbourvest.
BDC IT Venture Fund and BDC Capital, investment vehicles of state-owned Business Development Bank of Canada, and Omers Ventures, the investment unit of Canada province-owned pension fund Ontario Municipal Employees…
