Canada

WeFunder, StartEngine & NextSeed Blaze Trail for Title III / Reg CF Filings

  Caps off to Title III!  As promised, WeFunder understood the potential of Reg CF and its opportunities for capital formation and entrepreneurship.  Operating an accredited crowdfunding platform since the fall of 2013 and then adding Reg A+ last year, Wefunder has helped fund 110 companies with over… Read More

Radisson Mining Closes Crowdfunding Round on Klondike Strike

Radisson Mining Resources, a Quebec-based mineral exploration company, has closed the first tranche of a crowdfunding round on mining centric Red Cloud Klondike Strike. The gross proceeds were said to be just over $400,000. The net proceeds of the offering will be used for exploration and… Read More

OnDeck, Kabbage & CAN Capital Charter Members of Innovative Lending Platform Association

Online small business lending platforms OnDeck (NYSE: ONDK), Kabbage and CAN Capital – today announced the formation of the “Innovative Lending Platform Association,” which will focus on advancing small business online lending education, advocacy, and best practices.  Together the three founding companies have provided access to… Read More

Canadian Incubator DMZ Initiates “Next Big Idea in Fintech” Program with BMO

BMO Financial Group wants to ensure that the next big idea gets the support needed to ensure the idea come to fruition and will ultimately benefit Canadian consumers. By partnering with the DMZ at Ryerson University, one of Canada’s largest business incubators, BMO hopes to identify innovative minds geared toward… Read More

Founders du Haÿs and de Nanclas Comment on Montreal’s Mobeewave New P2P Payment AppPayMeTap

Montreal-based FinTech company Mobeewave has launched its mobile P2P payment application PayMeTap to people across Canada. This free application allows users to securely accept a payment by tapping their phone with a credit card. Available for Android in the Google Play Store, PayMeTap aims to enable… Read More

Canada Fintech Update: Lendified Partners with Techstars’ Mentio Technologies

Canada’s growing fintech space saw online lending platform, Lendified Inc., join forces with Vancouver-based Mentio Technologies, a platform specializing in automated cash flow forecasting. For Lendified, which offers online loans to Canadian small business owners, the acquisition marks an expansion into global markets as Mentio’s multi-currency technology serves customers… Read More

Smart Parka Becomes Most Funded Canadian Project on Kickstarter By Securing Over $3.2M CAD

On Friday, Canada-based startup North Aware closed its widely popular crowdfunding campaign for its jacket, Smart Parka. It secured a total of $3,257,695CAD from 8,805 backers and became the most funded Canadian initiative on the crowdfunding platform.  There are 4 different styles of the parka for the ladies and… Read More

Bay Street Cannabis Brings Equity Crowdfunding to the Cannabis Industry

We all vote with our money.  Every dollar spent is a vote for this brand over another, this chain, this item, and it speaks volumes about how we think, what we value, and what we want to do. I often wonder if there’s anything I’d do differently… Read More

Canada’s Luuup Litter Box Shatters Kickstarter Record: Becomes First Pet Product to Surpass $1 Million (CAD)

It’s the puuuurfect gift for any cat lover looking to find relief from constantly cleaning the litter box! Canada’s Luuup Litter Box has become a viral sensation thanks to its highly successful crowdfunding initiative on Kickstarter. According to the campaign’s description, Luuup’s three sifting tray system struck a… Read More

Investors Can Now Join the Rush: Red Cloud Klondike Strike Launches Portal for Mining Investment

For such a large industry, I know of relatively few famous mining companies.  I’ve never been part of that world.  It isn’t that the things they’re doing aren’t important, or that they don’t have an impact on my life.  It’s that in the past they’ve… Read More

Lending Loop Talks Regulatory Issues as P2P Lending Remains on Hold

Lending Loop launched its peer to peer lending platform in Canada last year. In the fall, Lending Loop stated that Dentons would assist in “full compliance with all applicable provincial and federal regulations”. Today, Lending Loop is on pause as it works things out as it… Read More

Brief: Real Estate Crowdfunding Software Provider Katipult Establishes Compliant Solutions in the UK, Singapore, Australia & Canada

Real estate crowdfunding software provider, Katipult, announced this week it is looking to establish its compliance solution in various countries outside the U.S. including UK, Singapore, Australia & Canada.  The announcement came at a private investor event facilitated by the Global Fintech Group, where the company… Read More

Bay Street Cannabis Seeks to Become First Equity Crowdfunding Platform in Canada Dedicated to Cannabis

Ascenta Finance Corp. (Ascenta), an exempt market dealer registered in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba and Ontario, announced this week the launch  of “Bay Street Cannabis,” which is considered as Canada’s first equity crowdfunding portal dedicated to the cannabis sector. The new… Read More

Brief: InvestNextDoor Introduces Trillion Dollar Marketplace Lending Opportunity to Canada

“Peer-to-Business” crowdfunding platform InvestNextDoor announced on Tuesday it is bringing its award-winning, “Borrowing 2.0” business model home to Canada. According to InvestNextDoor, the Borrowing 2.0 delivers a model that seeks to reduce investment risk in current market conditions, and focus on above average fixed-income returns for retail… Read More

NCFA Prepares for Big Crowdfunding Event this Week in Toronto

The 2nd Annual Canadian Crowdfunding Summit (#CCS2016) is set to take place later this week (March 3). The event will cover all aspects of crowdfunding and will be held at the MaRS Discovery District in Toronto. Canada has recently updated its regulatory approach to raising… Read More

Evolution or Extinction! Things are definitely Changing in the Private Markets

Out With the ‘Old Boys’ Club’ Approach to Investment. What is a common characteristic of iconic companies like: Eastman Kodak and Blockbuster? As the world changed, all these great companies stood flat-footed as the competition took their dominant positions from underneath their noses.  The same… Read More

Canadian Grow and Conexus Align: Saskatchewan Welcomes Online Lending

Conexus, Saskatchewan’s largest credit union, announced a partnership with Grow (formerly Grouplend), Canada’s fast growing fintech company, to bring online lending to Saskatchewan. This new partnership will allow residents of Saskatchewan access to Grow through one of Canada’s “most trusted and forward thinking” financial institutions…. Read More

Brief: NCFA Canada Selects Finalists for 2016 Canadian Crowdfunding Summit

Twelve Canadian startups have been selected from across the country to pitch to investors like OMERS, Whitecap Venture Partners, YEDI, Extreme Venture Partners, DMZ at Ryerson University at the 2016 Canadian Crowdfunding Summit. This year’s theme is “The Future is NOW.” With the newly released equity crowdfunding regulations in Canada and… Read More

The Holy Grail of Regulated Crowdfunding

Travelling around the world gives you great perspective on many things.  From the people, culture, food, and market, to how everyone has their own way of getting things done. I spent the tail end of 2015 in airports and on airplanes travelling around the world… Read More

SeedUps Canada Reveals More Details About the “Be the Dragon” Investor Tour

SeedUps Canada, the first investment crowdfunding platform to set up shop in the country, announced last week that it is launching the Be the Dragon tour. The website shared the event will be making stops in Vancouver and Calgary with a mission to attract companies to… Read More

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