Canada

February 7, 2018 @ 3:50 pm By Samantha Hurst  |  

On Wednesday the Ontario Securities Commission (OSC) today announced new members of its Fintech Advisory Committee (FAC), which advises OSC staff on developments and trends in the fintech space, as well as the unique challenges encountered by innovative businesses in the securities industry.  According to… Read More

February 7, 2018 @ 12:44 pm By JD Alois  |  

Bitcoin Tax Software NODE40 has announced it can now support Coinbase users in time for the April tax deadline (US). NODE40 is targeting Coinbase’s 13+ million users and the fact they must report capital gains and losses for their crypto trades during 2017. During 2017,… Read More

February 6, 2018 @ 4:12 pm By Samantha Hurst  |  

Canadian fintech firm and direct online access to securely vaulted and insured precious metals, Goldmoney, Inc., announced on Tuesday it has appointed Steve Fray as Chief Financial Officer effective immediately. The company reported that Fray, who previously served as Senior Vice President of Finance and Operations, will replace… Read More

February 2, 2018 @ 10:21 pm By Samantha Hurst  |  

OTC Markets Group Inc.(OTCQX: OTCM), an operator of financial markets for ten thousand U.S. and global securities, announced on Thursday that True Leaf Medicine International Ltd. (CSE: MJ) (FSE: TLA) (OTCQB: TRLFF), the first Canadian-listed company, to conduct a successful Reg. A+ offering on its… Read More

January 28, 2018 @ 3:41 pm By JD Alois  |  

This past week, True Leaf Medicine International Ltd. (CSE: MJ) (FSE: TLA) (OTCQB: TRLFF), announced it had closed on CDN $14 million in a cross border crowdfunding offer that saw participants by investors in both the US and Canada. True Leaf raised CND $10 million… Read More

January 26, 2018 @ 9:49 am By Samantha Hurst  |  

On Friday, Canadian fintech Katipult announced it has appointed Karim Teja as its new Chief Financial Officer. According to the company, Taja has more than 15 years of diversified financial business experience and held senior positions in rapidly growing technology companies in the medical, environmental… Read More

January 11, 2018 @ 10:32 am By JD Alois  |  

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

January 10, 2018 @ 9:49 am By Samantha Hurst  |  

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

December 24, 2017 @ 6:23 am By JD Alois  |  

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

December 20, 2017 @ 11:37 pm By JD Alois  |  

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

December 20, 2017 @ 10:10 am By Samantha Hurst  |  

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

December 18, 2017 @ 11:05 am By Samantha Hurst  |  

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

December 12, 2017 @ 10:51 am By Samantha Hurst  |  

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

December 12, 2017 @ 7:54 am By JD Alois  |  

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

December 7, 2017 @ 1:57 pm By Samantha Hurst  |  

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

December 7, 2017 @ 11:45 am By Erin Hobey  |  

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

December 5, 2017 @ 1:19 pm By Samantha Hurst  |  

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

December 4, 2017 @ 3:28 pm By JD Alois  |  

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

December 4, 2017 @ 9:13 am By JD Alois  |  

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

November 30, 2017 @ 2:54 pm By JD Alois  |  

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