Tagged: canada

2016 Canadian Crowdfunding Summit (#CCS2016) – Toronto

CONFERENCE OVERVIEW The 2nd annual 2016 Canadian Crowdfunding Summit will attract 500+ Canadian and international thought leaders, experts and participants in the booming crowdfunding industry. This conference is expanding and will include additional rooms to host a lot more workshops (interactive and advanced), networking opportunities,… Read More

Brief: KoreConX Forms Partnership With AFEX to Bring Escrow Services to Canadian Equity & Debt Crowdfunding Portals

Oscar A. Jofre

KoreConX, a free all-in-one solution that is disrupting the market by helping companies navigate the equity crowdfunding process and reduce risk, announced on Wednesday it has formed a partnership with Associated Foreign Exchange (AFEX) to bring escrow services to equity and debt crowdfunding portals. The company… Read More

Dubuc Motors Tests the Waters for $25 Million on StartEngine

Dubuc Tomahawk

Dubuc Motors, creators of the “scissor door” electric sports car the Tomahawk, has launched a “Testing the Waters” (TTW) campaign on StartEngine seeking indications of interest for $25 million under Regulation A+.  Launched in Quebec, Dubuc Motors is now incorporated in the US with offices… Read More

Brief: SeedUps Canada Launches “Be the Dragon” Tour

Sandi Gilbert

This week, SeedUps Canada, the first investment crowdfunding platform to set up shop in the country, announced that it is launching the “Be the Dragon” Tour. The website shared the event will be making stops in Vancouver and Calgary with a mission to attract companies to the… Read More

National Crowdfunding Association of Canada Schedules 2nd Summit for this March

NCFA Summit Cheers

The National Crowdfunding Association of Canada (NCFA) has slated their 2nd annual gathering to be held in Toronto on March 3rd of 2016. The Canadian Crowdfunding Summit is crafted to be the most prominent event for leaders in the quickly emerging Canadian crowdfunding sector of finance…. Read More

Investment Industry Association of Canada CEO Says Scrap Equity Crowdfunding. NCFA Says No Way.

Canada Money

The CEO of the Investment Industry Association of Canada (IIAC), Ian Russell, called on provincial regulators to “scrap equity crowdfunding”.  Russell, it appears, is not enthusiastic about the financial innovation.  On the digital pages of the Financial Post, and on the IIAC blog, Russell claimed;… Read More

Lendful Raises $15 Million from Canadian Credit Union Alterna Bank

Alex Benjamin

Canadian credit union, Alterna Bank, has shaken the dust off its banking past and invested $15 million in Vancouver-based online lending platform Lendful. Lendful co-founder Alex Benjamin stated this single investment has boosted the reputation of the entire online lending industry in the country. “This deal… Read More

Mass Fidelity’s Wireless Audio System Core Now Available For Purchase

Core-Wireless-Speakers

Just a little over a year after its highly successful Indiegogo initiative came to an end, Canadian audio technology startup, Mass Fidelity, announced that its wireless speaker system, The Core, is now available for purchase. The project successfully secured over $1.5 million through the campaign… Read More

CIBC CEO: Peer-to-Peer Lenders Can Actually Drive a Wedge But We Won’t Let Them Do That

Night Danger Moose Canada

In an interview with Canadian Business, Canadian Imperial Bank of Commerce (CIBC) CEO Victor Dodig touched upon looming competition with online lenders. Dodig is a relatively new CEO of the bank having taken the helm of CIBC in 2014. Dodig joined CIBC in 2005 but prior… Read More

Cisco Canada and TD Bank Will Collaborate on Fintech, Toronto Innovation Centre Opens

cisco canada

Cisco Canada and Toronto-Dominion (TD) Bank group have reached an agreement to collaborate on financial technology (FinTech) solutions “to create enriched customer and employee experiences.” A dedicated TD-Cisco team will co-create in a designated space and will be the first customer project in Cisco’s new Toronto Innovation Centre,… Read More

NexusCrowd Closes Second Commercial Real Estate Investment Offering; Secures $1M in Less Than Three Months

Hitesh Rathod

On Wednesday, NexusCrowd Inc.  announced it has closed its second commercial real estate offering, raising $500,000 in 5 weeks. By partnering with Downing Street Realty Partners on the project, the Canadian real estate crowdfunding platform allowed accredited investors to participate in the redevelopment of a… Read More

EY FinTech Adoption Survey: More Millennials Tapping P2P, Online Payments and Investments; Fintech Is Here to Stay

FinTech and Money

15.5% of digitally active consumers currently use financial technology products Payment services are the most popular product offering Users are younger, wealthier and increasingly urban With 29.1%, Hong Kong has the highest rate of FinTech use of all surveyed markets  “Higher-income individuals are some of the… Read More

Creators of cuddle + kind Dolls Talks Crowdfunding Success with Indiegogo

Cuddle + Kind

Following the success of their Indiegogo campaign, creators of the cuddle + kind dolls, Jennifer and Derek Woodgate, sat down with the platform to discuss their crowdfunding success. According to global crowdfunding platform, Woodgates’ goal is to feed 1 million meals each year to children in need, providing… Read More

Canadian nTrust Links with MaRs Discovery District Fintech Hub: Leveraging Tech to Liberate Money

ntrust toronto

nTrust, a fintech platform that allows users to transfer money via mobile, tablet or desktop to anyone, anywhere, noted its induction into MaRS Discovery District’s Financial Technology (FinTech) Cluster. Bridging the gap between stakeholders and innovators, MaRS’ FinTech hub seeks to connect the financial services sector with… Read More

Calgary Crowdfunding Bootcamp: Learn Everything

Calgary Crowdfunding Bootcamp This is an immersive half day workshop + networking event that covers essential crowdfunding education for companies seeking to raise capital from alternative finance crowdfunding markets, investors, and all other parties interested in understanding innovation trends, opportunities and risks, regulations, best practices… Read More

Sandi Gilbert of SeedUps Canada Discusses Equity Crowdfunding in Canada (Video)

Sandi Gilbert

Sandi Gilbert, co-founder and CEO of SeedUps Canada, the first investment crowdfunding platform to set up shop in the country, was interviewed by Du Plooy Law in Calgary.  Gilbert notes that other countries have pushed forward to advance crowdfunding but now Canadian regulators have finally… Read More

Mass Fidelity Offers Up Details About The Core’s Indiegogo Success

The Core 5

Last year, Mass Fidelity Inc.’s Indiegogo crowdfunding campaign for the Core Wireless Speaker System and Core Wireless Sub become the top crowdfunded Canadian company. Now, the company is ready to share details about its success with the funding method.   Noting what inspired the Core project, the company stated: “The Core is the… Read More

NCFA Founder Craig Asano Rallies Canadian Crowdfunders with Alternative Finance Policy, Notes “Flourishing” Startup Scene

Craig Asano

“As the crowdfunding economy grows it will spur economic prosperity, create new jobs and ultimately improve follow-on funding outcomes for scalable ventures looking to succeed in the incredibly dynamic and connected global markets we live in today.” As readers know, The Centre for Alternative Finance at University of… Read More