Tagged: canada

KoreConX Teams Up With Trulioo to Reduce Equity Crowdfunding Money Laundering & Fraud

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 Tuesday that it has teamed up with Canadian ID verification company, Trulioo, to help reduce money laundering and fraud on equity crowdfunding platforms…. Read More

OnDeck Expands Lending Options for Small Businesses in Canada By Introducing New Line of Credit & Loan Terms

Canada Money

On Tuesday, Online lender to SMEs, OnDeck (NYSE:ONDK) announced it was expanding lending Canada’s small businesses by including a line of credit up to CAD$50,000 and loan term up to CAD$250,000 to help meet the growing needs of the country’s 1.1 million small businesses. In… Read More

Brief: KoreConX Helps Canadian Equity & Debt Crowdfunding Platforms Accept Investment by Credit Card

Credit Cards

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 Thursday that it is helping various Canadian equity and debt crowdfunding platforms accept new investments by credit card. The company revealed that Canada is… Read More

Creator of Kickstarter Success Peachy Printer Admits Fraud; Reveals Employee Stole Funds to Build Home

Peachy Printer

This week, creator of Kickstarter alum Peachy Printer announced an employee has been accused of using the funds from the initiative to build his house in Canada. The printer, which was developed by Canadian startup Rinnovated Design,  translates 3D designs into audio waveform and uses a computer’s auxiliary headphone… Read More

Brief: GoFundMe Announces Over $300,000 Raised to Help Victims of Fire in Fort McMurray

Fort McMurray

On Monday, crowdfunding platform GoFundMe announced its community has raised over $300,000 for the Fort McMurray fire victims. The fire, which started on May 1st, began in Alberta and has destroy homes and businesses leaving 88,000 people displaced. Rob Solomon, GoFundMe CEO, stated: “This fire… Read More

WWE Stars Kevin Owens & Tyler Breeze Launch GoFundMe Initiative to Help Alberta Fire Victims

Kevin Owens Tyler Breeze

Seeking to help their Fort McMurray, Alberta fans in need, WWE stars Kevin Owens and Tyler Breeze hit crowdfunding portal GoFundMe to raise funds for the victims of the devastating fires. The fires, which resulted in what’s considered the largest evacuation of residents in Alberta’s history,… Read More

Radisson Mining Closes Crowdfunding Round on Klondike Strike

Red Cloud Klondike Strike Dump Truck

Radisson Mining Resources, a Quebec-based mineral exploration company, has closed the first tranche of a crowdfunding round on mining centric Red Cloud Klondike Strike. The gross proceeds were said to be just over $400,000. The net proceeds of the offering will be used for exploration and… Read More

Crowdfunding Mailbox: TrapTap Saves You From Speeding Tickets, Artbrew Home Craft Brewery & Woodies, the Perfect Chino

Mailbox Featured 4.24.16

  I have been known to receive a speeding ticket or two in my many years of driving. I used to always have a radar detector in my car that was quickly stashed under a seat when driving in a region where they were illegal…. Read More

Founders du Haÿs and de Nanclas Comment on Montreal’s Mobeewave New P2P Payment AppPayMeTap

mobeewave

Montreal-based FinTech company Mobeewave has launched its mobile P2P payment application PayMeTap to people across Canada. This free application allows users to securely accept a payment by tapping their phone with a credit card. Available for Android in the Google Play Store, PayMeTap aims to enable… Read More

Smart Parka Becomes Most Funded Canadian Project on Kickstarter By Securing Over $3.2M CAD

Smart Parka Camo

On Friday, Canada-based startup North Aware closed its widely popular crowdfunding campaign for its jacket, Smart Parka. It secured a total of $3,257,695CAD from 8,805 backers and became the most funded Canadian initiative on the crowdfunding platform.  There are 4 different styles of the parka for the ladies and… Read More

Bay Street Cannabis Brings Equity Crowdfunding to the Cannabis Industry

Marijuana

We all vote with our money.  Every dollar spent is a vote for this brand over another, this chain, this item, and it speaks volumes about how we think, what we value, and what we want to do. I often wonder if there’s anything I’d do differently… Read More

Winter Coat Smart Parka Scores Over $2.3M CAD on Kickstarter & Unveils Backers Card

Smart Parka Camo

Smart Parka, a fully-loaded winter coat, has successfully secured $2.3 million CAD ($1.6M USD) through its Kickstarter campaign. The project first surfaced on the crowdfunding portal late January and has continued to attract backers. As previously reported, there are 4 different styles of the parka for the ladies… Read More

Canada’s Luuup Litter Box Shatters Kickstarter Record: Becomes First Pet Product to Surpass $1 Million (CAD)

luuup 7

It’s the puuuurfect gift for any cat lover looking to find relief from constantly cleaning the litter box! Canada’s Luuup Litter Box has become a viral sensation thanks to its highly successful crowdfunding initiative on Kickstarter. According to the campaign’s description, Luuup’s three sifting tray system struck a… Read More

Investors Can Now Join the Rush: Red Cloud Klondike Strike Launches Portal for Mining Investment

Treasure mining Jewels

For such a large industry, I know of relatively few famous mining companies.  I’ve never been part of that world.  It isn’t that the things they’re doing aren’t important, or that they don’t have an impact on my life.  It’s that in the past they’ve… Read More

Lending Loop Talks Regulatory Issues as P2P Lending Remains on Hold

Wait Delay UK

Lending Loop launched its peer to peer lending platform in Canada last year. In the fall, Lending Loop stated that Dentons would assist in “full compliance with all applicable provincial and federal regulations”. Today, Lending Loop is on pause as it works things out as it… Read More

Brief: Real Estate Crowdfunding Software Provider Katipult Establishes Compliant Solutions in the UK, Singapore, Australia & Canada

Katipult 1

Real estate crowdfunding software provider, Katipult, announced this week it is looking to establish its compliance solution in various countries outside the U.S. including UK, Singapore, Australia & Canada.  The announcement came at a private investor event facilitated by the Global Fintech Group, where the company… Read More

Bay Street Cannabis Seeks to Become First Equity Crowdfunding Platform in Canada Dedicated to Cannabis

Marshall Farris

Ascenta Finance Corp. (Ascenta), an exempt market dealer registered in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba and Ontario, announced this week the launch  of “Bay Street Cannabis,” which is considered as Canada’s first equity crowdfunding portal dedicated to the cannabis sector. The new… Read More

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: InvestNextDoor Introduces Trillion Dollar Marketplace Lending Opportunity to Canada

InvestNextDoor Founders cropped

“Peer-to-Business” crowdfunding platform InvestNextDoor announced on Tuesday it is bringing its award-winning, “Borrowing 2.0” business model home to Canada. According to InvestNextDoor, the Borrowing 2.0 delivers a model that seeks to reduce investment risk in current market conditions, and focus on above average fixed-income returns for retail… Read More

NCFA Prepares for Big Crowdfunding Event this Week in Toronto

Bill Morrow

The 2nd Annual Canadian Crowdfunding Summit (#CCS2016) is set to take place later this week (March 3). The event will cover all aspects of crowdfunding and will be held at the MaRS Discovery District in Toronto. Canada has recently updated its regulatory approach to raising… Read More