Tagged: canada

February 11, 2016 @ 9:54 am By Samantha Hurst  |  

LendingArch, an emerging Canadian marketplace lending platform, announced on Thursday it has appointed Paul Hadzoglou as Head of Credit & Risk. Hadzoglou notably comes to LendingArch with a track record of high performance and value, and his detail to data science, credit risk and underwriting… Read More

February 5, 2016 @ 7:26 am By Oscar Jofre  |  

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

January 27, 2016 @ 12:03 pm 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 Wednesday it has formed a partnership with Associated Foreign Exchange (AFEX) to bring escrow services to equity and debt crowdfunding portals. The company… Read More

January 25, 2016 @ 9:51 am By JD Alois  |  

Dubuc Motors, creators of the “scissor door” electric sports car the Tomahawk, has launched a “Testing the Waters” (TTW) campaign on StartEngine seeking indications of interest for $25 million under Regulation A+.  Launched in Quebec, Dubuc Motors is now incorporated in the US with offices… Read More

January 23, 2016 @ 1:12 pm By Samantha Hurst  |  

This week, SeedUps Canada, the first investment crowdfunding platform to set up shop in the country, announced 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 the… Read More

January 18, 2016 @ 3:37 pm By JD Alois  |  

The National Crowdfunding Association of Canada (NCFA) has slated their 2nd annual gathering to be held in Toronto on March 3rd of 2016. The Canadian Crowdfunding Summit is crafted to be the most prominent event for leaders in the quickly emerging Canadian crowdfunding sector of finance…. Read More

January 16, 2016 @ 7:17 pm By JD Alois  |  

The CEO of the Investment Industry Association of Canada (IIAC), Ian Russell, called on provincial regulators to “scrap equity crowdfunding”.  Russell, it appears, is not enthusiastic about the financial innovation.  On the digital pages of the Financial Post, and on the IIAC blog, Russell claimed;… Read More

January 15, 2016 @ 6:34 pm By JD Alois  |  

Canadian credit union, Alterna Bank, has shaken the dust off its banking past and invested $15 million in Vancouver-based online lending platform Lendful. Lendful co-founder Alex Benjamin stated this single investment has boosted the reputation of the entire online lending industry in the country. “This deal… Read More

January 15, 2016 @ 11:56 am By Samantha Hurst  |  

Just a little over a year after its highly successful Indiegogo initiative came to an end, Canadian audio technology startup, Mass Fidelity, announced that its wireless speaker system, The Core, is now available for purchase. The project successfully secured over $1.5 million through the campaign… Read More

January 14, 2016 @ 5:41 pm By JD Alois  |  

In an interview with Canadian Business, Canadian Imperial Bank of Commerce (CIBC) CEO Victor Dodig touched upon looming competition with online lenders. Dodig is a relatively new CEO of the bank having taken the helm of CIBC in 2014. Dodig joined CIBC in 2005 but prior… Read More

January 12, 2016 @ 4:55 am By Erin Hobey  |  

Cisco Canada and Toronto-Dominion (TD) Bank group have reached an agreement to collaborate on financial technology (FinTech) solutions “to create enriched customer and employee experiences.” A dedicated TD-Cisco team will co-create in a designated space and will be the first customer project in Cisco’s new Toronto Innovation Centre,… Read More

December 23, 2015 @ 8:47 am By Samantha Hurst  |  

On Wednesday, NexusCrowd Inc.  announced it has closed its second commercial real estate offering, raising $500,000 in 5 weeks. By partnering with Downing Street Realty Partners on the project, the Canadian real estate crowdfunding platform allowed accredited investors to participate in the redevelopment of a… Read More

December 22, 2015 @ 9:22 am By Erin Hobey  |  

15.5% of digitally active consumers currently use financial technology products Payment services are the most popular product offering Users are younger, wealthier and increasingly urban With 29.1%, Hong Kong has the highest rate of FinTech use of all surveyed markets  “Higher-income individuals are some of the… Read More

December 19, 2015 @ 9:36 am By Samantha Hurst  |  

Following the success of their Indiegogo campaign, creators of the cuddle + kind dolls, Jennifer and Derek Woodgate, sat down with the platform to discuss their crowdfunding success. According to global crowdfunding platform, Woodgates’ goal is to feed 1 million meals each year to children in need, providing… Read More

December 9, 2015 @ 1:18 pm By Erin Hobey  |  

nTrust, a fintech platform that allows users to transfer money via mobile, tablet or desktop to anyone, anywhere, noted its induction into MaRS Discovery District’s Financial Technology (FinTech) Cluster. Bridging the gap between stakeholders and innovators, MaRS’ FinTech hub seeks to connect the financial services sector with… Read More

November 28, 2015 @ 9:27 am By Darcy Brooks  |  

Since equity crowdfunding is a topic that’s close to our hearts, and since it absorbs such a large chunk of my day and my thoughts, I’m always rather taken aback by some of the common misconceptions that come up anytime the discussion touches on equity… Read More

November 27, 2015 @ 3:32 pm By JD Alois  |  

Sandi Gilbert, co-founder and CEO of SeedUps Canada, the first investment crowdfunding platform to set up shop in the country, was interviewed by Du Plooy Law in Calgary.  Gilbert notes that other countries have pushed forward to advance crowdfunding but now Canadian regulators have finally… Read More

November 23, 2015 @ 3:17 pm By JD Alois  |  

CONFERENCE OVERVIEW The 2nd annual 2016 Canadian Crowdfunding Summit will attract 500+ Canadian and international thought leaders, experts and participants in the booming crowdfunding industry. This conference is expanding and will include additional rooms to host a lot more workshops (interactive and advanced), networking opportunities,… Read More

November 23, 2015 @ 3:15 pm By JD Alois  |  

Calgary Crowdfunding Bootcamp This is an immersive half day workshop + networking event that covers essential crowdfunding education for companies seeking to raise capital from alternative finance crowdfunding markets, investors, and all other parties interested in understanding innovation trends, opportunities and risks, regulations, best practices… Read More

November 23, 2015 @ 12:55 pm By Samantha Hurst  |  

Last year, Mass Fidelity Inc.’s Indiegogo crowdfunding campaign for the Core Wireless Speaker System and Core Wireless Sub become the top crowdfunded Canadian company. Now, the company is ready to share details about its success with the funding method.   Noting what inspired the Core project, the company stated: “The Core is the… Read More