Canada

In Canada, Crowdfunding Approved By Six Provinces; Ottawa To Develop Separate Standards

  Provincial securities regulators in British Columbia, Saskatchewan, Manitoba, Quebec, New Brunswick and Nova Scotia announced Thursday that they will permit startup and early-stage companies to issue shares to investors through crowdfunding websites, according to the Globe and Mail. However, Ottawa stated that it will not take… Read More

OnDeck Capital Expands P2P Offerings in Canada: Transforming North American FinTech

OnDeck Capital, a U.S.-based online marketplace which offers short-term loans to businesses of between $5,000 and $250,000, is expanding its offerings in Canada, joining a growing number of tech-oriented lenders that promise to transform the financial services landscape, according to 680 news.  Experts say Canada has… Read More

Ulule Crosses the Atlantic. Launches Crowdfunding Platform in Canada

French rewards based crowdfunding platform Ulule crossed the Atlantic this month.  The platform bypassed the US and headed due north setting up shop in Canada. A natural move, Ulule set up shop in Montreal with the support of the Banque Nationale.   C’est officiel !… Read More

How Marketplace Lending is Disrupting Consumer Loans in Canada

The consumer loan experience is getting an upgrade in Canada courtesy of some new players that are targeting the long waits and paperwork hassles of traditional loans and the high rates of alternative providers like payday loans.  Experience in other markets like the US and UK… Read More

Montreal Startup Mosaic Manufacturing Hits Kickstarter With New 3D Printer Technology The Palette

This morning, Montreal-based Mosaic Manufacturing launched a Kickstarter campaign to raise $75,000  for its new product,The Palette. The Palette is a technology that transforms virtually every 3D printer on the market into a multi-color printer, and allows existing machines to create functional electronic parts. Mosaic designed the device… Read More

EY Publishes Survey Findings: Frequent Banking Errors Push Canadian Companies to Alternative Finance

Poor service is pushing companies to look for alternative banking options, according to EY’s global commercial banking survey, advancing service in a digital world. Nearly a third (28%) of Canadian commercial banking customers experienced an error with their primary bank in the past 12 to… Read More

Canadian Man Seeks Funds Through Kickstarter to Break Guinness Mosaic Record Using Nicolas Cage’s Face

A very determined Canadian man is doing whatever it takes to break a Guinness Record… even if that means involving National Treasure star, Nicolas Cage. Earlier this week, Windsor resident, Thom Malone hit Kickstarter to raise $52,000 for a 21,646-square meter mosaic of the 51-year-old actor. Originally created as a… Read More

Global Online Marketplace VarageSale Partners with Sequoia & Lightspeed: Raises $34M

VarageSale, the online marketplace for people to buy, sell and connect with their local communities, announced its partnership with Lightspeed and Sequoia, raising $34 million. The financing will be used to further enhance the VarageSale user experience and to continue to expand the company’s user base… Read More

Brief: CrowdMapped Appoints Kevin McIntyre as CEO

Nanaimo, British Columbia based CrowdMapped, a geo-location based crowdfunding business & services directory, has announced the appointment of Kevin McIntyre as President & CEO. Daryl Burma, co-founder and CTO commented on the new position; “We’re extremely excited to have Mr. McIntyre join our team and the… Read More

Technology Set Neptune Suite Secures Over $800,000 Just Hours Following Indiegogo Campaign Launch

Neptune, a Canadian consumer electronics innovator, unveiled Neptune Suite on Indiegogo, featuring a system of devices that allows the user to be the center of your computing life. CEO of Neptune, Simon Tian stated: “We all have a wide variety of devices today: smartphones, tablets, laptops,… Read More

Canada’s First P2P Lender Grouplend: Application Volume Soars

Grouplend, Canada’s first peer to peer or marketplace lender, says demand is soaring for its services. Grouplend has just passed $30 million in consumer loan applications. “With unprecedented demand for our fast, convenient and cost-effective borrowing platform, we’re excited to announce that we’re making our… Read More

National Crowdfunding Association of Canada Holds Sold Out Inaugural Conference

The National Crowdfunding Association of Canada (NCFA) held a highly successful, sold out event last week in Toronto.  According to event organizers, over 300 attendees gathered for the inaugural event as industry participants and advocates joined to discuss the future of crowdfunding and new forms of finance…. Read More

On the Move: OurCrowd’s CEO Announces New Office in Toronto

Last week, Israel-based OurCrowd announced it is planning to open a new office in Toronto. Now TechVibes has revealed more details about the equity crowdfunding platform’s move to Canadian borders. During the Canadian Crowdfunding Summit, CEO of OurCrowd Jon Medved shared information about the platform’s new… Read More

Canada’s CTV Announces Production For New Reality Series Pilot “Dream Funded: Let the Crowd Decide”

The customer is always right! CTV announced today from Prime Time in Ottawa the start of production on the new one-hour reality series pilot, Dream Funded: Let the Crowd Decide, produced by CTV in association with Entertainment One (eOne), Highway Entertainment, and United Artists Media Group. The pilot is… Read More

Mambu’s Eugene Danilkis Discusses Opportunity and Innovation in the Blue Oceans of FinTech in Emerging Markets

Mambu, a cloud banking technology platform provider that works with more than 100 financial innovators worldwide, including Banco Macro, Opportunity International  and Yale University, uniquely sits at the nexus of the transformation and financial inclusion markets, where new applications and the cloud’s agility offers a particularly compelling value proposition for… Read More

Brief: SVX Redesigns Platform to Better Support Impact Ventures

  The Social Venture Connexion or SVX has redesigned its platform to better support social ventures and funds. SVX is a non-profit impact investing platform that connects impact ventures and funds with investors who are looking to make investments that can both demonstrate impact and provide… Read More

Canada Expects Crowdfunding Rules This Summer

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

Canadian Securities Administrators Shares Update on Alternative Funds Framework for Investment Funds

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

Canadian Crowdfunding Summit Shares Speaker Roster for Inaugural Event

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

Crowdfunder Launches Equities.com Campaign: Co-Invest with Founders and NASDAQ Execs

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

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