Tagged: canada

NCFA: 2015 Canadian Crowdfunding Summit

On Tuesday, March 3, 2015, the NCFA will host an opportunity to learn about the progress, regulatory updates, emerging opportunities, best practices, insights and trends impactful to the future growth of the Canadian crowdfunding industry. The Fintech sector is growing rapidly around the globe, playing a significant role in mobilizing capital and resources to innovative ventures and… Read More

Crowdfunding Mailbox: Spark Electric Bike, UAMP Amplifier for Your Smartphone & Noocity Growbed Urban Garden

Mailbox Featured 2.29.15

There has been a lot of coverage regarding electric bikes the past couple weeks with the launch, and associated controversy, of the Sondors (né Storm) ebike. Sondors has successfully fended off their critics and remains one of the most funded Indiegogo campaigns ever. But now we have another ebike crowdfunding campaign and this one is tackling the sector… Read More

Brief: SVX Redesigns Platform to Better Support Impact Ventures

SVX Launch 2013

  The Social Venture Connexion or SVX has redesigned its platform to better support social ventures and funds. SVX is a non-profit impact investing platform that connects impact ventures and funds with investors who are looking to make investments that can both demonstrate impact and provide financial return.   New year,new design! @theSVX takes impact investing… Read More

Canada Expects Crowdfunding Rules This Summer

Canada Equity Crowdfunding

In a statement yesterday (Thursday, February 19th), the Ontario Securities Commission shared they expect to release crowdfunding rules this coming summer.  The proposed rules entered a comment period last year and the Commission has been in the process of reviewing the feedback; “The comment period ended on June 18, 2014 and the participating CSA jurisdictions… Read More

Canadian Securities Administrators Shares Update on Alternative Funds Framework for Investment Funds

Canada Loonie

The Canadian Securities Administrators (the CSA) published an update on the proposal for a comprehensive regulatory framework for publicly offered alternative investment funds, “Alternative Funds Proposal.” The Alternative Funds Proposal is the final phase of the CSA’s ongoing effort to modernize regulation of investment fund products, its “Modernization Project.” A excerpt from the proposal’s summary reported… Read More

Canadian Crowdfunding Summit Shares Speaker Roster for Inaugural Event

NATIONAL CROWDFUNDING ASSOCIATION OF CANADA (NCFA CANADA) - Full

The inaugural 2015 Canadian Crowdfunding Summit (#CCS2015) will take place on March 3rd at the MaRS Discovery District in Toronto, Canada. Organized by the National Crowdfunding Association of Canada, the event boasts a solid list of speakers and participants for their first event.  A broad spectrum of Canadian and international leaders in the crowdfunding space have… Read More

Circuit Board Prototyping Machine Voltera Quickly Becomes a Smashing Success on Kickstarter; Reaches Over 300% of Its Goal in Under 24 Hours

Voltera 2

On Monday (February 10th), Waterloo, Canada-based Voltera launched a crowdfunding campaign on Kickstarter to raise $70,000 for its new self-titled protyping machine. Within only 35 minutes of its debut, the device impressively surpassed its initial goal and was quickly dubbed one of the crowdfunding giant’s staff pick. Voltera V-One is a circuit board that can create a… Read More

Brief: JetPay Helps WePay to Launch in Canada

JetPay

JetPay Payment Services, a division of JetPay Corporation (“JetPay” or the “Company”) (NASDAQ: “JTPY”), a provider of debit and credit card processing, payroll, HR and prepaid card services, today announced that it helped WePay to successfully launch its Canadian Operations. WePay provides integrated payment services to crowdfunding platforms, small business software and online marketplaces. WePay… Read More

Interview: Marcus New, Founder and Chief Entrepreneur of InvestX Seeks to Own the Private Equity Asset

InvestX Featured Cross Border

Marcus New, the Founder and Chief Entrepreneur of InvestX, is an experienced entrepreneur; he founded and served as chairman (and previously the CEO) of Stockhouse, Canada’s leading financial community and a global hub for affluent investors, with up to 1 million unique monthly visitors. Prior to launching Stockhouse, New built Stockgroup Media, an online information company whose… Read More

Tilt: Canadian Groups Now Collect Funds Every Three Minutes

Tilt Logo

Since its Canadian launch in June 2014, Tilt has been the easiest way for Canadians to collect money from a group. Now, the company sees groups collecting money every three minutes on its platform. Country manager at Tilt, Tim Ryan explained, “Collecting money from groups is hard, we make it easy. It’s that simple. Traditionally, people have used… Read More

Klondike Strike, an Equity Crowdfunding Site for Mining, Announces CEO

Chad Williams

Toronto based Klondike Strike has announced the hiring of Chad Williams as Chief Executive Officer for the mining crowdfunding startup. Williams will be responsible for Klondike’s global business initiatives. Klondike claims to be the first portal of its kind in Canada. Williams has 25 years of experience in the mining finance industry. He is the… Read More

Grouplend Targets the Canadian Peer to Peer Lending Market

Grouplend Refreshingly Simple

Across the globe traditional banking operations are under attack by more nimble and user friendly companies that see opportunity in an industry that is in dire need of change. The internet and technology has completely altered so many different industries with its creative destruction. The finance industry happens to be next on the list. While… Read More

Brief: Sandi Gilbert Notes SeedUps’ 2014 Highlights, Looks Ahead to 2015

Canada Kayak Water

SeedUps, one of Canada’s early equity crowdfunding platforms, was founded by Sandi Gilbert, a well known investment crowdfunding advocate and co-founder of the Equity Crowdfunding Alliance of Canada.  She is also COO of ECN Capital – a partner company of SeedUps. Today Gilbert summarized SeedUps’ activity since launching in mid-2014: “Until recently, investment in early stage companies was limited to… Read More

NCFA Schedules Canadian Crowdfunding Summit

Canada Flag

The National Crowdfunding Association of Canada (NCFA) is holding its first crowdfunding summit this coming March in Toronto. NCFA states that crowdfunding in Canada is poised for growth noting that six provinces proposed regulations that would allow companies to raise up to $1.5 million in capital online Organizers state; “With favourable regulations imminent in Canada and the… Read More

European Crowdfunding Network Reviews Global Crowdfunding Regulations

Oliver Gajda ECN Paris

The European Crowdfunding Network (ECN), an advocacy group based in Brussels, has published their annual report reviewing crowdfunding regulations in Europe, the United States, Israel and Canada. “Since we have started our work in 2012 and especially since our first edition of this paper in 2013, the discussion around crowdfunding has resulted in detailed regulatory… Read More

UPS Surprises 10-Year-Old Canadian Entrepreneur By Giving $8,700 Donation Toward Her Indiegogo Project (Video)

Abi Smithson 1

Back in October, 10-year-old entrepreneur and youngest member of Ryerson University’s Digital Media Zone Abi Smithson launched a crowdfunding campaign on Indiegogo to raise $15,000 for her Toronto-based woman footwear startup, Love Sandal. Explaining details about the company, Smithson wrote, “The Love Sandal was an idea I had this summer when I was enrolled in the… Read More

Perspective from Canada: SeedUps Shares Insight on Early Traction

Sandi Gilbert

SeedUps, one of the early equity crowdfunding platforms to set up shop in Canada, has recently published some interesting insight into its first few months of operation. Seedups was founded in 2014 by Sandi Gilbert, a well known investment crowdfunding advocate and co-founder of the Equity Crowdfunding Alliance of Canada.  She is also COO of… Read More

New Peer to Peer Lender Borrowell Receives $5.4 Million to Launch

Borrowell

New peer lending platform Borrowell, has announced a significant seed funding round, plus loan commitments, in the amount of $5.4 million.  The Canadian company received funding from key strategic investors including Equitable Bank, Oakwest Corporation Limited along with high profile individual investors including Roger Martin, Dan Debow and John Bitove. While not as largs as… Read More

ForeverSpin Returns to Kickstarter For Second Campaign Within 12 Months; Scores Over $300,000

ForeverSpin 3

Canadian startup, ForeverSpin, is back on Kickstarter – and en route to another successful campaign! After breaking records earlier this year, the Toronto-based company has released a new line of metal spinning tops. This time around, ForeverSpin™ surpassed $300,000 and achieved over 6000% of its initial funding goal. In a world obsessed with gadgets and technology, ForeverSpin brings people the… Read More

Blood Sport Gaming System Gets the Axe By Kickstarter Just Six Days Into Its Crowdfunding Camapign

Blood Sport 3

Last week, co-founders of Canadian-based company Blood Sport launched a crowdfunding campaign on Kickstarter to raise $250,000 for its new self-titled gaming system known. The description of the system is pretty much self-explanatory, with Blood Sport, the programmers take the consequences of the gaming world and have them actually affect you in real life. That’s… Read More