Tagged: canada

November 16, 2015 @ 10:28 am By Erin Hobey  |  

  Quadriga Fintech Solutions Corp. claims that it launched Canada’s first R&D lab for blockchain technology. The lab’s first project will be the development of a platform with two core functions: handling the onboarding and client data management for financial crime systems using the blockchain and… Read More

November 12, 2015 @ 10:07 am By JD Alois  |  

Real estate crowdfunding platform NexusCrowd, has hooked-up with Downing Street Realty Partners on a $12 million industrial real estate redevelopment project including three properties in the greater Toronto area. The project includes properties in Mississauga, and two in Toronto, totaling 110,000 square feet. The properties have… Read More

November 8, 2015 @ 6:30 am By JD Alois  |  

Five different Canadian provinces joined together this past week to publish the final form of Multilateral Instrument 45-108 Crowdfunding which is the prospectus exemption and registration framework for crowdfunding portals.  As expected, Ontario, Manitoba, Quebec, Nova Scotia and New Brunswick will join together to allow… Read More

November 4, 2015 @ 8:45 am By JD Alois  |  

KoreConX has launched a new service just as new equity crowdfunding rules, under Title III of the JOBS Act, were revealed last week by the SEC. The KoreConX product is offering a “free, all-in-one solution to help companies navigate the process of raising equity capital”…. Read More

October 28, 2015 @ 2:56 pm By Samantha Hurst  |  

Lendified, a Canadian alternative lending platform, announced on Wednesday its induction into MaRS Discovery District’s FinTech Cluster. The MaRS FinTech Cluster was established in February 2015 and is dedicated to supporting startups and entrepreneurs who develop next generation technology in emerging payments, financial services, peer-to-peer… Read More

October 27, 2015 @ 10:46 am By Samantha Hurst  |  

On Tuesday, NexusCrowd Inc. announced that it has closed Canada’s first online investment offering for commercial real estate. The issue was quickly sold out with significant investor demand across the country and internationally. The project provided accredited investors with the opportunity to participate in the development of… Read More

October 21, 2015 @ 12:54 pm By Samantha Hurst  |  

Bondora, a pan-European marketplace lender, opens to accredited investors from the United States, Canada, Mexico, Brazil, South Africa, India, Hong Kong, Singapore, Japan and Australia. The platform now allows global accredited investors to invest directly into personal unsecured loans across three European markets including Spain,… Read More

October 20, 2015 @ 6:19 pm By JD Alois  |  

The Alberta Securities Commission (ASC) and Nunavut Securities Office have published a new exemption for startups in the province.  The document is now open for a 60 day comment period. The ASC states; We have heard that in the case of some small, early-stage businesses… Read More

October 12, 2015 @ 10:04 am By JD Alois  |  

  Lending Loop, a new peer to peer lending platform, has launched in Canada to allow ordinary Canadians the ability to invest in small businesses across the country. The site actually went live this past June. The creation of co-founders Cato Pastoll and Brandon Vlaar,… Read More

October 8, 2015 @ 10:46 pm By JD Alois  |  

Bondora has crossed the Atlantic. This is according to multiple reports that the Estonian based platform has entered North American, skipping the US, and heading due North. Quoted in the Globe & Mail, Partel Tomberg, Bondora co-founder and CEO, stated; “We are able to provide investors… Read More

October 8, 2015 @ 10:08 am By JD Alois  |  

CoPower, an investment crowdfunding platform that targets the clean energy sector, has announced that it has raised $850,000 in seed financing led by RBC and Innovation Support. The company has been in operation for several years and has helped to raise over $1 million in… Read More

October 7, 2015 @ 10:18 am By Bret Conkin and Alixe Cormick  |  

Real estate investment is a consistently hot news topic.  Open any newspaper or news website in Canada and coverage of the real estate market is easy to find, particularly in Vancouver and Toronto.  Fortunes are made investing in residential and commercial properties. Speculation, offshore investors,… Read More

September 28, 2015 @ 2:07 pm By Samantha Hurst  |  

Kicking off the new school year with a competition, crowdfunding platform Tilt announced the Top Party Schools in Canada Challenge. The Tilt team shared in a recent blog post: “Last month we announced the top 10 party schools in Canada with Queen’s taking top spot…. Read More

September 22, 2015 @ 4:32 pm By Samantha Hurst  |  

With less than a week until its Kickstarter campaign comes to an end, highly anticipated game Divinity: Original Sin 2 has successfully secured over $1.5 million. Divinity: Original Sin first hit the crowdfunding platform in spring 2013 and is described as an Isometric cRPG that can be played in single-player mode or cooperative… Read More

September 18, 2015 @ 5:02 pm By Samantha Hurst  |  

Earlier this week, cuddle + kind, a startup created by a Ontario family, launched a crowdfunding campaign on Indiegogo to raise funds for its new knitted doll collection. The dolls are not only cute and perfect for young children, they each represent the fight against child… Read More

September 18, 2015 @ 9:51 am By JD Alois  |  

All aspects of finance are quickly moving online capitalizing on the intrinsic efficiencies of the internet. Reviewing and completing financial transactions, be they large or small, are far more easily managed in a single repository where documents may be housed and progress tracked.  OfferingPoint is… Read More

September 17, 2015 @ 2:03 pm By Samantha Hurst  |  

Avant, a fast-growing marketplace lending platform, announced on Thursday that it is expanding to Canada, the company’s newest international market. Headquartered in Chicago, Avant has empowered more than 300,000 consumers in the United States and United Kingdom. The recent launch of AvantCredit in Canada will bring… Read More

September 16, 2015 @ 10:06 am By JD Alois  |  

  Real estate crowdfunding platform Fundrise is going global.  While not surprising, Fundrise has taken a dramatic step in leveraging existing technology and investment opportunity to provide investor access in Australia, Canada and the United Kingdom. Fundrise is one of the leading online real estate… Read More

September 2, 2015 @ 5:00 pm By Bret Conkin and Alixe Cormick  |  

Causes and Lessons to be learned from more Developed Markets In this three-part series, we examine whether “conservative” Canadian business culture is having a negative effect on equity crowdfunding taking hold in Canada.  In Part I of this series we took a snapshot of equity… Read More

August 26, 2015 @ 10:38 pm By JD Alois  |  

The investment crowdfunding push is a global movement. In the US multiple platforms have cropped up to take advantage of the evolving regulatory environment regarding general solicitation.  Across the border in Canada things have moved a bit slowly.  But earlier this year Canada took a… Read More