Canada

February 20, 2015 @ 12:11 pm By Samantha Hurst  |  

In a statement yesterday (Thursday, February 19th), the Ontario Securities Commission shared they expect to release crowdfunding rules this coming summer.  The proposed rules entered a comment period last year and the Commission has been in the process of reviewing the feedback; “The comment period… Read More

February 19, 2015 @ 12:53 pm By Erin Hobey  |  

The Canadian Securities Administrators (the CSA) published an update on the proposal for a comprehensive regulatory framework for publicly offered alternative investment funds, “Alternative Funds Proposal.” The Alternative Funds Proposal is the final phase of the CSA’s ongoing effort to modernize regulation of investment fund… Read More

February 18, 2015 @ 10:27 pm By JD Alois  |  

The inaugural 2015 Canadian Crowdfunding Summit (#CCS2015) will take place on March 3rd at the MaRS Discovery District in Toronto, Canada. Organized by the National Crowdfunding Association of Canada, the event boasts a solid list of speakers and participants for their first event.  A broad spectrum… Read More

February 12, 2015 @ 12:25 pm By Erin Hobey  |  

Having quickly raised over $280,000 on Crowdfunder, Equities.com seeks to raise its $2M goal within the next 108 days. Equities.com aims to be the only global financial community that focuses on companies under $1B in market capitalization. The firm combine financial news and online engagement for our investors & corporate… Read More

February 12, 2015 @ 9:45 am By Samantha Hurst  |  

On Monday (February 10th), Waterloo, Canada-based Voltera launched a crowdfunding campaign on Kickstarter to raise $70,000 for its new self-titled protyping machine. Within only 35 minutes of its debut, the device impressively surpassed its initial goal and was quickly dubbed one of the crowdfunding giant’s staff pick…. Read More

February 11, 2015 @ 1:13 pm By Samantha Hurst  |  

JetPay Payment Services, a division of JetPay Corporation (“JetPay” or the “Company”) (NASDAQ: “JTPY”), a provider of debit and credit card processing, payroll, HR and prepaid card services, today announced that it helped WePay to successfully launch its Canadian Operations. WePay provides integrated payment services… Read More

February 5, 2015 @ 8:43 am By Erin Hobey  |  

Marcus New, the Founder and Chief Entrepreneur of InvestX, is an experienced entrepreneur; he founded and served as chairman (and previously the CEO) of Stockhouse, Canada’s leading financial community and a global hub for affluent investors, with up to 1 million unique monthly visitors. Prior to… Read More

January 20, 2015 @ 12:20 pm By Samantha Hurst  |  

Since its Canadian launch in June 2014, Tilt has been the easiest way for Canadians to collect money from a group. Now, the company sees groups collecting money every three minutes on its platform. Country manager at Tilt, Tim Ryan explained, “Collecting money from groups is hard,… Read More

January 19, 2015 @ 11:17 am By JD Alois  |  

Toronto based Klondike Strike has announced the hiring of Chad Williams as Chief Executive Officer for the mining crowdfunding startup. Williams will be responsible for Klondike’s global business initiatives. Klondike claims to be the first portal of its kind in Canada. Williams has 25 years… Read More

January 14, 2015 @ 9:38 am By JD Alois  |  

Across the globe traditional banking operations are under attack by more nimble and user friendly companies that see opportunity in an industry that is in dire need of change. The internet and technology has completely altered so many different industries with its creative destruction. The… Read More

January 8, 2015 @ 7:30 am By Erin Hobey  |  

SeedUps, one of Canada’s early equity crowdfunding platforms, was founded by Sandi Gilbert, a well known investment crowdfunding advocate and co-founder of the Equity Crowdfunding Alliance of Canada.  She is also COO of ECN Capital – a partner company of SeedUps. Today Gilbert summarized SeedUps’ activity since launching in mid-2014:… Read More

December 18, 2014 @ 9:28 am By JD Alois  |  

The European Crowdfunding Network (ECN), an advocacy group based in Brussels, has published their annual report reviewing crowdfunding regulations in Europe, the United States, Israel and Canada. “Since we have started our work in 2012 and especially since our first edition of this paper in… Read More

December 6, 2014 @ 12:38 pm By Samantha Hurst  |  

Back in October, 10-year-old entrepreneur and youngest member of Ryerson University’s Digital Media Zone Abi Smithson launched a crowdfunding campaign on Indiegogo to raise $15,000 for her Toronto-based woman footwear startup, Love Sandal. Explaining details about the company, Smithson wrote, “The Love Sandal was an idea… Read More

December 4, 2014 @ 10:57 pm By JD Alois  |  

SeedUps, one of the early equity crowdfunding platforms to set up shop in Canada, has recently published some interesting insight into its first few months of operation. Seedups was founded in 2014 by Sandi Gilbert, a well known investment crowdfunding advocate and co-founder of the… Read More

December 3, 2014 @ 7:05 pm By JD Alois  |  

New peer lending platform Borrowell, has announced a significant seed funding round, plus loan commitments, in the amount of $5.4 million.  The Canadian company received funding from key strategic investors including Equitable Bank, Oakwest Corporation Limited along with high profile individual investors including Roger Martin,… Read More

November 22, 2014 @ 8:00 am By Samantha Hurst  |  

Turning to the crowd after a very unfortunate circumstance, a GoFundMe crowdfunding campaign has been launched to raise $950,000 for Canadian couple so they may pay off a medical bill that they received after the birth of their daughter in Hawaii. According to the campaign,… Read More

November 4, 2014 @ 5:05 pm By Samantha Hurst  |  

Thanks to the stunning success of its crowdfunding efforts, quadrupling the initial goal of $100,000 and raising over $450,000 in one month on crowdfunding giant, Indiegogo, Toronto-based DreamQii is pleased to announce that it is set to bring the PlexiDrone to market this upcoming spring. The small, sophisticated… Read More

October 28, 2014 @ 5:52 pm By Samantha Hurst  |  

The Mass Fidelity Inc.’s Indiegogo crowdfunding campaign for the Core Wireless Speaker System and Core Wireless Sub has continued to gain momentum since this month’s campaign extension and has now become the top crowdfunded Canadian company ever. The campaign launched in early September when it shattered its $48,000 funding goal within 24 hours and… Read More

October 27, 2014 @ 1:31 pm By Samantha Hurst  |  

This weekend, Calgary-based Nodano launched its Global Action Wall, a crowdfunding tool that will be used to develop a new platform, dedicated to bringing together people and organizations from around the world and enabling them to take a stand against human suffering. The Global Action… Read More

October 25, 2014 @ 12:33 pm By Samantha Hurst  |  

Earlier this week, devastating news hit Canada when two men, warrant officer Patrice Vincent and corporal Nathan Cirillo, were both killed because they were servicemen of the country. Both deaths have shaken the country, and now a group of civilians have launched a crowdfunding campaign on Indiegogo… Read More