Tagged: canada

Canadian Crowdfunding Summit – Toronto

Gold Maple Dollar Money Canada

Accelerate access to capital markets and emerging fintech opportunities The 3rd annual 2017 Canadian Crowdfinance Summit (#CCS2017) is Canada’s largest national event covering fintech, crowdfunding, internet finance, venture funding and alternative finance markets. Access educational content, deal flow, and premier networking opportunities with over 75+… Read More

Crowdfunding a Sports Car: Dubuc Motors Seeks up to $20 Million on StartEngine

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Investors from both Canada & USA May Purchase Shares in First True Cross-Border Crowdfunding Offer Under Reg A+. Diesel is on a death march. Gasoline is in slow decline. Inevitably, all cars will be powered by electricity. The popularity and success of Tesla have trailblazed… Read More

Canada Fintech Vy for Top Global Ranking; Investments Reach Highest Level

Canada Flag

In addition to Asia’s steady to accelerated growth in the fintech sector, we can now add Canada’s success in the industry.  According to a Reuters report, Canada’s fintech companies saw last year their highest levels of VC-backed investments in nearly two decades.  This occurred even… Read More

Canadian Fintech Platform WealthBar Surpasses $100 Million in Online Investments

Canada Money

On Tuesday, Canadian fintech platform, WealthBar, announced it surpassed $100 million in online investments. This announcement comes just as WealthBar completes its second year in business. The platform stated that during its two-year run its clients saved approximately $1.3 million annually in fees when compared to… Read More

Jason Butcher Joins NCFA’s Crowdfunding Ambassadors Program

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“Together we can create it all. Crowdfunding helps to bring us together,” stated Jason Butcher. The National Crowdfunding Association of Canada (NCFA Canada) tapped Parallel Payments founder Jason Butcher to join its Association’s Crowdfunding Ambassadors Program. Crowdfunding Ambassadors, leaders, educators, supporters and advocates of an inclusive and broad-based crowdfunding industry… Read More

Top Fintech Stories from Crowdfund Insider during 2016

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As one year comes to end it is a good opportunity to reflect on past events. The preceding 12 months have been a momentous period for internet finance including capital formation online. Fintech started as a curiosity that engendered much excitement – and fear for some…. Read More

Canadian Fintech Firm MOBI724 Completes Third Equity Private Placement

Money

MOBI724 Global Solutions Inc., (CSE: MOS), a Candian fintech startup that offers an all-in-one fully integrated EMV payment, card link couponing, and digital marketing system, announced on Tuesday it closed a third tranche equity private placement in the aggregate amount of $167,500 by issuing 3,350,000… Read More

Updating the Alumni Fundraising Space: GiveCampus Crowdfunding

givecampus

Do you often get phone calls and mailers from your college alma mater asking for donations?  I do, and as a recent grad, I wonder how much help I really contribute with my puny annual $5-10 donation.  Enter crowdfunding among alumni for high school and… Read More

Wine With Spirit Opens in Canadian Market As Seedrs Initiative Secures Nearly £170,000

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Wine With Spirit, a Portugal-based wine producer, is officially starting its international expansion. This news comes just a few weeks after the company launching its equity crowdfunding campaign on Seedrs. As previously reported, Wine With Spirit is on a mission to bring to the market delicious, creative,… Read More

NCFA Publishes Research on Alternative Finance in Canada

Canada Flag

The National Crowdfunding Association of Canada (NCFA) has published a report on the status of crowdfunding and other forms of alternative finance including online lending. The research was said to become an annual project; “This is the inaugural report of NCFA’s annual exercise in providing… Read More

Mass Fidelity’s Success on Indiegogo Continues: Secures Nearly $170,000 For raD Wireless Multi-Room Speaker

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With nearly two weeks until its latest crowdfunding campaign on Indiegogo comes to an end, Canadian audio technology company Mass Fidelity has raised nearly $170,000 for its new raD Wireless Multi-Room Speaker. Originally seeking $50,000, the company quickly secured $100,000 for the project. As previously reported, the raD, which… Read More

Brief: Canada’s Flexiti Financial Secures $5M During Series A Funding Round

Canada Money

Flexiti Financial, a Canada-based provider of point-of-sale (POS) financing and payment technology for retailers announced last week it raised $5 million during a Series A funding round, which reportedly included follow-on funding by Globalive Capital. Peter Kalen, founder and CEO of Flexiti Financial, stated: “Flexiti Financial’s mission is… Read More

Katipult is Named Canada’s Most Innovative Fintech Company

Canada Flag

Katipult, cloud-based software infrastructure that allows firms to design, setup, and manage an Investment Crowdfunding, Peer 2 Peer Lending, or Investor Management platform has been recognized as Canada’s most innovative fintech company.  In a blog post Katipult explained their mission; “Private capital markets are plagued with… Read More

Lending Club Receives $1.3 Billion Commitment from National Bank of Canada

Scott Sanborn

Lending Club (NYSE:LC) has announced a significant partnership with the National Bank of Canada and its US subsidiary Credigy.  The agreement calls for Credigy, a firm that specializeds in consumer finance investment,  to invest up to $1.3 billion over the next 12 months. Scott Sanborn,… Read More

Ontario Securities Commission Creates Fintech Advisory Committee

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The Ontario Securities Commission (OSC) is joining a growing roster of global securities regulators to acknowledge the shifting environment of finance and the need to better understand Fintech innovation. The OSC is now seeking applications for a Fintech Advisory Commmittee (FAC) that will advise staff… Read More

Albert Securities Commission Adopts Crowdfunding Rule

Alberta Securities Commission

The Alberta Securities Commission (ASC) has adopted Multilateral Instrument 45-108 Crowdfunding (MI 45-108). The new rule is actionable immediately and introduces a crowdfunding prospectus exemption for issuers as well as a registration framework for funding portals. The ASC Stated the implementation of MI 45-108 follows… Read More

NCFA Canada Announces Dragon’s Den Golden Ticket Winners

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The National Crowdfunding Association of Canada (NCFA Canada) recently held its annual event in Vancouver. VanFUNDING 2016 incorporated a “pitching showcase” and the winning companies were: ChatterHigh, Glance, My Green Space and Starling Minds. VanFUNDING was created to be all about boosting online and alternative… Read More

Lending Loop Officially Opens After Completing Registration With OSC & Other Securities Regulators

Cato Pastoll

Earlier this week, Canadian peer-to-peer lending portal, Lending Loop, officially launched after completing its registration with the Ontario Securities Commission (OSC) and other securities regulators. Lending Loop was created by co-founders Cato Pastoll and Brandon Vlaar. Last year, the platform received a strategic investment from… Read More

Brief: Toronto Fintech Startup nanoPay Secures $10M During Series A Funding Round

Canada Money

nanoPay, an early-stage fintech company based in Toronto that provides a secure, real-time payments platform, announced on Wednesday it has secured $10 million during a Series A funding round. Participants in the round reportedly included The Merchant Banking Division of Goldman Sachs, APAGM Services LLC… Read More

Dream Payments Named Winner of Global Fintech Challenge VentureClash

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On Tuesday, Toronto’s cloud-based mobile payment platform Dream Payments announced it was named the winner of the global investment challenge for fintech and digital health companies, VentureClash. The event was held on October 20th at Yale University. The company stated it was among almost 200 contenders… Read More