Tagged: canada

Women in Fintech: Digital Finance Conference Set for Vancouver to Discuss Financial Inclusion, Innovation and Transparency

Digital Finance Institute

Financial technology is going to revolutionize the banking industry,” Lawyer Christine Duhaime told the Georgia Straight over coffee in downtown Vancouver. “It’s really important to encourage women to be involved in tech, and then fintech especially—we’re 50 percent of the equation—so that we’re not left out at the… Read More

OnDeck CEO Noah Breslow Shares His Innovative Vision for Marketplace Lending: Transforming How Money Flows

OnDeck IPO NYSE

“We are extremely excited by the possibilities of the next decade in the alternative finance market… OnDeck’s vision is to transform how money flows to small businesses by leveraging our platform to provide capital on demand for small business owners. The data flowing through a small… Read More

¡Bienvenidos! Kickstarter Opens For Spanish Inventors

Kickstarter Spain

Earlier this week, crowdfunding giant Kickstarter announced that it was ready to open its doors to Spanish inventors that are looking to crowdfund for their projects. The platform revealed in its blog: “We’re so excited to announce that Kickstarter is now open to Spanish makers,… Read More

Canada: There’s a New Way for Companies to Raise Capital from the Crowd

Canada Equity Crowdfunding

Six Canadian provinces jumped into the equity crowdfunding space in a big way on May 14, 2015. British Columbia, Saskatchewan,  Quebec, Manitoba, New Brunswick and Nova Scotia announced a new prospectus exemption for early stage companies to raise capital. When I first read the press release,… Read More

Bonjour! Kickstarter Announces Crowdfunding Services For French Inventors

Kickstarter France

On Monday, Kickstarter announced that it is ready to open its doors for inspired French inventors. The crowdfunding company stated: “We’re so excited to announce that Kickstarter is now open to French makers, innovators, filmmakers, chefs and creators of all types! French creators can start building… Read More

Canadian Woman Fakes Rare Neurological Disease & Raises Over $125,000 on GoFundMe

Cynthia Lynn Smith 3

On Friday, a Burlington woman named Cynthia Lynn Smith was accused of scamming backers on GoFundMe by faking a rare neurological disease known as Chronic Inflammatory Demyelinating Polyneuropathy. Authorities confirmed that Smith went as far as acting out symptoms to convince family and friends to help her… Read More

Canadian CrowdFunding Symposium

We invite you to Canadian Crowdfund event  which will bring together traditional private investors and crowdfunders. Canada Crowdfund provides the participants with the unique opportunity to discuss current state of the industry, to learn from experts in venture capital, business angel and crowdfunding fields, to… Read More

Miss Out on Lyft’s $530 Million Series E Funding Round? Maybe Not

Lyft Unicorn

This past March, UBER competitor Lyft closed a Series E funding round that delivered $530 million in capital to the young company and a hefty $2.5 billion valuation.  This funding round was led by Japanese firm Rakuten, but earlier rounds (and perhaps this one) included big… Read More

Guten Tag! Kickstarter’s Yancey Strickler Announces Crowdfunding Services For German Campaign Organizers

Germany Kickstarter

On Tuesday, Kickstarter announced that their campaign creation process is officially open to German project creators. Kickstarter’s Yancey Strickler wrote: Hallo Deutschland!   My name is Yancey, I’m the CEO of Kickstarter, and it’s my pleasure to welcome all of you to the Kickstarter community.  … Read More

Ulule Crosses the Atlantic. Launches Crowdfunding Platform in Canada

Ulule welcome

French rewards based crowdfunding platform Ulule crossed the Atlantic this month.  The platform bypassed the US and headed due north setting up shop in Canada. A natural move, Ulule set up shop in Montreal with the support of the Banque Nationale.   C’est officiel !… Read More

How Marketplace Lending is Disrupting Consumer Loans in Canada

Marketplace lending marches on in Canada

The consumer loan experience is getting an upgrade in Canada courtesy of some new players that are targeting the long waits and paperwork hassles of traditional loans and the high rates of alternative providers like payday loans.  Experience in other markets like the US and UK… Read More

Montreal Startup Mosaic Manufacturing Hits Kickstarter With New 3D Printer Technology The Palette

The Palette 1

This morning, Montreal-based Mosaic Manufacturing launched a Kickstarter campaign to raise $75,000  for its new product,The Palette. The Palette is a technology that transforms virtually every 3D printer on the market into a multi-color printer, and allows existing machines to create functional electronic parts. Mosaic designed the device… Read More

Toronto Woman Launches GoFundMe Campaign For Harvard University Tuition

Tonika Morgan

Seeking the help from strangers near and far, Toronto resident Tonika Morgan launched a GoFundMe campaign to raise $50,000 for tuition to one of the most prestigious schools in the US, Harvard University. According to her campaign, Morgan was homeless and never had a chance to finish high… Read More

EY Publishes Survey Findings: Frequent Banking Errors Push Canadian Companies to Alternative Finance

ey canada

Poor service is pushing companies to look for alternative banking options, according to EY’s global commercial banking survey, advancing service in a digital world. Nearly a third (28%) of Canadian commercial banking customers experienced an error with their primary bank in the past 12 to… Read More

Canadian Man Seeks Funds Through Kickstarter to Break Guinness Mosaic Record Using Nicolas Cage’s Face

Nicolas Cage 3

A very determined Canadian man is doing whatever it takes to break a Guinness Record… even if that means involving National Treasure star, Nicolas Cage. Earlier this week, Windsor resident, Thom Malone hit Kickstarter to raise $52,000 for a 21,646-square meter mosaic of the 51-year-old actor. Originally created as a… Read More

Time for Regulators to Step-Up: Canada Needs Crowdfunding Regulations to Match US Reg A+ 

Canada Unitd States

Regulators, particularly securities regulators, are normally a conservative and risk averse lot, generally preferring fraud prevention to economic efficiency.  However sometimes they can come up with some brilliant pieces of economically empowering regulation, particularly when pushed by the political powers that be and when faced… Read More

Brief: CrowdMapped Appoints Kevin McIntyre as CEO

Crowdmapped

Nanaimo, British Columbia based CrowdMapped, a geo-location based crowdfunding business & services directory, has announced the appointment of Kevin McIntyre as President & CEO. Daryl Burma, co-founder and CTO commented on the new position; “We’re extremely excited to have Mr. McIntyre join our team and the… Read More

Technology Set Neptune Suite Secures Over $800,000 Just Hours Following Indiegogo Campaign Launch

Neptune 7

Neptune, a Canadian consumer electronics innovator, unveiled Neptune Suite on Indiegogo, featuring a system of devices that allows the user to be the center of your computing life. CEO of Neptune, Simon Tian stated: “We all have a wide variety of devices today: smartphones, tablets, laptops,… Read More

Canada’s First P2P Lender Grouplend: Application Volume Soars

Canada Kayak Water

Grouplend, Canada’s first peer to peer or marketplace lender, says demand is soaring for its services. Grouplend has just passed $30 million in consumer loan applications. “With unprecedented demand for our fast, convenient and cost-effective borrowing platform, we’re excited to announce that we’re making our… Read More

National Crowdfunding Association of Canada Holds Sold Out Inaugural Conference

Craig Asano Brad Duguid

The National Crowdfunding Association of Canada (NCFA) held a highly successful, sold out event last week in Toronto.  According to event organizers, over 300 attendees gathered for the inaugural event as industry participants and advocates joined to discuss the future of crowdfunding and new forms of finance…. Read More