“Platform as a Service” company Katipult, is reporting a “substantial capital investment in a round of funding” to help fuel global growth. A standout in the Canadian Fintech scene, Katipult is a white label software platform that powers investment marketplaces for crowdfunding or online lending platforms – including a real estate solution. The software allows firms to setup and manage a platform to offer privately issued, exempt securities to non-accredited, accredited and institutional investors. Katipult is being used today in over 20 unique regulatory environments.
CEO and founder Brock Murray says his company has strong fundamentals and massive growth potential;
“With our new partner, we are poised to build a transformative company that makes enterprise-ready software accessible, affordable, and painless for firms in the Alternative Investment industry. From day one, we’ve set out to build a phenomenal product that removes the inefficiencies and regulatory hurdles for our clients and it’s great to have a long-term strategic partner, to significantly increase our resources to do so.”
The additional funding will be used to growth the Kaitpult team beyond its current 40 employees, explore partnerships and possible acquisitions. They are also looking for opportunities for vertical migration.
“The success of our clients is our success,” says Murray. “We are going to be aggressively pursuing growth strategy, and bolstering our product and support services to help our clients launch Investment Crowdfunding, Peer-to-Peer Lending, and Investor Management platforms.”
Katipalt says it is on track to be Canada’s top Fintech company in 2017. Katipult also says it is a market leader in its specialty markets including the United States, Canada, and United Kingdom.