Tagged: canada

June 9, 2016 @ 2:28 pm By Erin Hobey  |  

Like many other large banks, Royal Bank of Canada is now syncing with rising Silicon Valley fintech talent to better position itself with the ever dynamic fintech sector, RBC Vice President of Innovation Gabriel Woo shared with Reuters,  and launched an Innovation Lab in Silicon Valley. The bank has opened similar… Read More

June 7, 2016 @ 2:14 pm By Samantha Hurst  |  

Nearly three years after launching its crowdfunding platform in the country of Canada, Kickstarter unveiled its current favorite Canadian projects. In September of 2013, the funding portal revealed its excitement of the Canadian launch by declaring: “We’re thrilled that Kickstarter is now available to creators in Canada…. Read More

May 31, 2016 @ 9:44 am By Samantha Hurst  |  

KoreConX, a free all-in-one solution that is disrupting the market by helping companies navigate the equity crowdfunding process and reduce risk, announced on Tuesday that it has teamed up with Canadian ID verification company, Trulioo, to help reduce money laundering and fraud on equity crowdfunding platforms…. Read More

May 24, 2016 @ 9:04 am By Samantha Hurst  |  

On Tuesday, Online lender to SMEs, OnDeck (NYSE:ONDK) announced it was expanding lending Canada’s small businesses by including a line of credit up to CAD$50,000 and loan term up to CAD$250,000 to help meet the growing needs of the country’s 1.1 million small businesses. In… Read More

May 19, 2016 @ 9:34 am By Samantha Hurst  |  

KoreConX, a free all-in-one solution that is disrupting the market by helping companies navigate the equity crowdfunding process and reduce risk, announced on Thursday that it is helping various Canadian equity and debt crowdfunding platforms accept new investments by credit card. The company revealed that Canada is… Read More

May 11, 2016 @ 3:24 pm By Samantha Hurst  |  

This week, creator of Kickstarter alum Peachy Printer announced an employee has been accused of using the funds from the initiative to build his house in Canada. The printer, which was developed by Canadian startup Rinnovated Design,  translates 3D designs into audio waveform and uses a computer’s auxiliary headphone… Read More

May 10, 2016 @ 10:49 am By Samantha Hurst  |  

On Monday, crowdfunding platform GoFundMe announced its community has raised over $300,000 for the Fort McMurray fire victims. The fire, which started on May 1st, began in Alberta and has destroy homes and businesses leaving 88,000 people displaced. Rob Solomon, GoFundMe CEO, stated: “This fire… Read More

May 9, 2016 @ 11:35 am By Samantha Hurst  |  

Seeking to help their Fort McMurray, Alberta fans in need, WWE stars Kevin Owens and Tyler Breeze hit crowdfunding portal GoFundMe to raise funds for the victims of the devastating fires. The fires, which resulted in what’s considered the largest evacuation of residents in Alberta’s history,… Read More

May 6, 2016 @ 6:47 pm By JD Alois  |  

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

April 15, 2016 @ 10:21 am By Erin Hobey  |  

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

March 29, 2016 @ 3:23 pm By Samantha Hurst  |  

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

March 23, 2016 @ 9:21 am By Darcy Brooks  |  

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

March 14, 2016 @ 2:54 pm By Samantha Hurst  |  

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

March 14, 2016 @ 10:28 am By Darcy Brooks  |  

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

March 12, 2016 @ 2:22 pm By JD Alois  |  

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

March 8, 2016 @ 1:43 pm By Samantha Hurst  |  

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

March 3, 2016 @ 10:56 am By Samantha Hurst  |  

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

March 1, 2016 @ 2:57 pm By Samantha Hurst  |  

“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

February 29, 2016 @ 8:46 am By JD Alois  |  

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

February 25, 2016 @ 1:01 pm By Manuj Grover  |  

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