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

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

Kickstarter-Success PowerUp 3.0 Continues to Soar to New Heights; Has Been Named CNET’s Top Remote-Controlled Toys of 2014

PowerUp 3.0

Time certainly does fly! A year ago this month, inventor and President of PowerUp Toys, Shai Goitien, launched a crowdfunding campaign on Kickstarter for PowerUp 3.0 that generated over $1.2 million and became the top funded programs in the flight category. Today, the innovative Bluetooth-enabled paper airplane toys are sold exclusively at Mastermind Toys stores across Canada and is flying off the shelves… Read More

Supporters Hit GoFundMe to Help Raise $950,000 For Canadian Couple After Medical Bill Woes

Jennifer Huculak and Darren Kimmel 1

Turning to the crowd after a very unfortunate circumstance, a GoFundMe crowdfunding campaign has been launched to raise $950,000 for Canadian couple so they may pay off a medical bill that they received after the birth of their daughter in Hawaii. According to the campaign, Humboldt residents, Jennifer Huculak and Darren Kimmel, were overjoyed to become… Read More

Update: Mass Fidelity’s The Core Hits $1M During Final Days On Indiegogo

The Core 3

With less than two days until its Indiegogo campaign comes to an end, Mass Fidelity’s The Core has scored  over $1 million dollars, thanks to its 3,155 backers. The Toronto-based startup announced it was extending its campaign earlier this month and continuing to be a huge success on the global crowdfunding platform. As previously reported on… Read More

Mass Fidelity Becomes Top CrowdFunded Canadian Company in History; Core Wireless Speaker Campaign Currently at $885,000

The Core 1

The Mass Fidelity Inc.’s Indiegogo crowdfunding campaign for the Core Wireless Speaker System and Core Wireless Sub has continued to gain momentum since this month’s campaign extension and has now become the top crowdfunded Canadian company ever. The campaign launched in early September when it shattered its $48,000 funding goal within 24 hours and currently six days left in the campaign (November 2nd). At… Read More

Calgary-Based Company Launches New Global Action Wall Crowdfunding Website

Global Action Wall 2

This weekend, Calgary-based Nodano launched its Global Action Wall, a crowdfunding tool that will be used to develop a new platform, dedicated to bringing together people and organizations from around the world and enabling them to take a stand against human suffering. The Global Action Wall will allow individuals to purchase customizable “bricks”, where they… Read More

Canadian Civilians Launch an Indiegogo Campaign for Fallen Servicemen Patrice Vincent & Nathan Cirillo

Stand on Guard

Earlier this week, devastating news hit Canada when two men, warrant officer Patrice Vincent and corporal Nathan Cirillo, were both killed because they were servicemen of the country. Both deaths have shaken the country, and now a group of civilians have launched a crowdfunding campaign on Indiegogo to help the victims families during this rough time. Vincent… Read More

Kickstarter Officially Opens to Crowdfunding Campaign Creators in Scandinavia & Ireland

Funded With Kickstarter

Last month, CEO of Kickstarter, Yancy Strickler announced the exciting news that the crowdfunding giant would be opening its platform to Scandinavia and Ireland startups. Kickstarter’s team wrote, “We’re so excited to announce that Kickstarter is now available to creators in Denmark, Norway, Sweden and Ireland — four countries with amazing cultural histories and creative populations. From to LEGO to Röyksopp to The Seventh Seal to… Read More

Mass Fidelity’s Wireless Speaker System Dubbed Top-Funded Canadian Indiegogo Crowdfunding Campaign

The Core 1

Toronto-based tech startup, Mass Fidelity, debuted a crowdfunding campaign on Indiegogo last month for its new wireless speaker system, The Core, with a mission to raise only $48,000. During its 30-day run, the project exceeded its funding goal and also managed to receive $711,229 thanks to 2,000 backers. Not only has the company announced it has extended… Read More