Canada

This is Interesting: tZero Partners with Polymath on Initial Coin Offering

Security initial coin offering (ICO) specialists Polymath has announced a partnership with tZero. The Overstock subsidiary is currently hosting its ICO on SaftLaunch enlisting institutional investors for its security offer. Apparently, Polymath has already provided advice to tZERO on the design, economic model, and distribution of… Read More

Katipult Signs MOU With Polymath to Collaborate in Recording Securities Ownership & Transmission System Development Using Blockchain Technology

Canada-based fintech company Katipult announced on Wednesday it has signed a Memorandum of Understanding (MUO) with Polymath, the creator of the Polymath securities token platform, to collaborate in the development of a system of recording securities ownership and transmission using blockchain technology. According to Katipult, the companies… Read More

Free to Trade: Securities Issued Under Reg A+ May Trade in Canada

One of the attractive aspects of Reg A+, as created by the JOBS Act of 2012, is the fact issuers may immediately trade securities following a funding round. This has led to a growing number of SMEs to raise capital under Reg A+ and quickly… Read More

Competition Bureau of Canada Publishes Fintech Report, Recommendations Demand Regulatory Change

The Competition Bureau, part of the Canadian government, has published a wide ranging report on Fintech. The Bureau opens the report by acknowledging that “despite the attention that Fintech is generating, Canada lags behind its international peers when it comes to Fintech adoption.” To compile… Read More

Finova Financial’s Equity-Linked JCO Token Going Global: Set to be Available Through Canadian Online Investment Platform FrontFundr

Finova Financial, a digital financial services provider transforming the future of global banking, announced on Tuesday the first stage of international expansion for the equity-linked token, JOBS Crypto Offering (JCO), through a partnership with Canadian online investment platform, FrontFundr. Finova revealed that its token will… Read More

Canadian Onboarding Software Provider thirdstream Announces Partnership With Global Fintechs Finastra

thirdstream, a Canadian-based onboarding software provider, announced on Monday it has formed a partnership with global fintech Finastra. thirdstream reported that it will be integrating Payment Manager from Finastra into its onboarding platform, cumulus. This will allow thirdstream to offer its financial services clients key technologies that will further streamline the account opening process in-branch… Read More

Canadian Fintech Wealthica Announces Stockchase Acquisition

Canadian fintech startup Wealthica announced on Tuesday it has acquired online investment publication, Stockchase. According to Wealthica, Stockchase receives more than 100,000 visitors per month and is considered one of Canada’s top finance websites.  While sharing details about the publication’s development and acquisition, Stockchase co-founder Chris Bruner,… Read More

Australian Securities and Investment Commission Partners with Canadian Securities Regulators on Fintech

The Australian Securities and Investment Commission (ASIC) has signed a cooperation agreement with the Canadian Securities Administrators (CSA) to foster Fintech innovation, expand the network of information sharing and support Fintech startups. ASIC previously signed a bilateral cooperation agreement with the Ontario Securities Commission which… Read More

Canadian Fintech Plooto Strengthens Partnerships With Small Business Tech Company Xero & Announces Technology Integration

Canada-based fintech and electronic solutions provider Plooto announced on Wednesday it is continuing its partnership with online small business technology company Xero. The company reported that the two organizations are currently working on a software integration that gives accountants and bookkeepers the ability to send… Read More

BFS Capital’s Into Money: Extends Over $1.7 Billion to SMEs Since 2002

Marking its 15th anniversary year, BFS Capital, a small business financing platform, has extended over $1.7 billion in financing since funding its first deal in 2002. The company also reported that over 75 percent of its originations have occurred in the last five years and more… Read More

Overbond Names George Harrington Head of U.S. Business Development

Overbond Ltd., a capital markets platform for primary bond origination and fixed income deal execution, announced on Tuesday it has appointed George Harrington as its Head of U.S. Business Development. According to Overbond, Harrington is a seasoned Debt Capital Markets professional, having held senior executive roles… Read More

iComplyICO Receives Angel Funding from MIT Fellow Praveen Mandal who Predicts Massive Increase in Security Tokens

iComplyICO, a Fintech startup based in Vancouver, is reporting it it has secured an angel investment from Praveen Mandal. iComplyICO simultaneously appointed Mandel to its advisory council. Mandal is an MIT Connection Science Fellow and a veteran of five successful formative stage start-ups including Pipal… Read More

SEC Emergency Action Halts PlexCoin ICO Scam. First Charges Filed by New SEC Cyber Unit

The Securities and Exchange Commission has obtained an emergency asset freeze to halt an Initial Coin Offering (ICO) scam that reportedly raised up to $15 million from thousands of investors since August. Dominic Lacroix, and his company, PlexCorps, had launched the PlexCoin ICO and falsely… Read More

Cannabis Company True Leaf Receives SEC Qualification for Equity Crowdfunding Offer Under Reg A+

True Leaf Medicine International Ltd. (CSE: MJ) (FSE: TLA) (OTCQB: TRLFF) has received a qualification notice from the Securities and Exchange Commission for its Regulation A+ Tier 2 Offering Statement. The crowdfunding offer seeks up to CAD $10 million (about $7.8M USD) in an offering… Read More

Canadian Fintech Katipult Appoints Former Executives of Fintech & Banking Giants to New Board of Directors Members

Katipult, a Fintech company based in Vancouver, British Columbia, announced on Thursday it has appointed founding CFO of PayPal, Former Match Group CFO, and former Director of HSBC Investment Bank to its Board of Directors members. This news comes just after the company has listed its… Read More

Canadian Fintech Katipult Becomes Public Company, Trades on TSXV under Ticker FUND

Katipult, a Fintech company based in Vancouver, British Columbia, is now a public company. Katipult has listed its shares under ticker symbol FUND on the TSVX . Katipult received approval on November 15th and netted CAD $1.6 million in the transaction to fund its growth plan…. Read More

Canadian Fintech nanopay Expands Leadership Team By Appointing New Chief Revenue & Chief Risk Officers

Canada-based real-time payments platform provider and fintech firm nanopay recently announced it has appointed Nilesh Dusane as Chief Revenue Officer and Amir Sunderji as Chief Risk Officer. The company revealed that Dusane and Sunderji will play an essential role in its mission to scale payments solution and build… Read More

British Columbia Securities Commission Sponsors Regtech Hackathon

The British Columbia Securities Commission (BCSC) is sponsoring a Regtech Hackathon to take place in Vancouver, BC on November 28th. The one-day event is designed to challenge participants to create innovative solutions to help industry meet its regulatory requirements more efficiently and effectively, and improve… Read More

NFCA’s VanFUNDING 2017 to Bring More Than 50 Leading Blockchain, Fintech, & Capital Innovation Experts to Vancouver Last Weekend of November

National Crowdfunding Association of Canada (NFCA)’s VanFUNDING, a West Coast event that’s dedicated to connecting people to partnerships, investment, and business opportunities, announced on Wednesday it is bringing its 2017 Blockchain, Fintech, Funding Conference and RegTech Hackathon to Vancouver on November 28th at the Morris… Read More

Former PayPal Head Darrell MacMullin Named Advisor at Canadian Fintech Mogo Finance Technology

Canadian fintech Mogo Finance Technology Inc. (MOGO.TO) (MOGOF) announced on Tuesday it has appointed former PayPal head Darrell MacMullin as one of its new advisors in order to support the company’s product expansion efforts, including the upcoming launch of its recently announced cryptocurrency account, and new… Read More