Tagged: canada

May 19, 2015 @ 11:35 am By Sandi Gilbert  |  

Six Canadian provinces jumped into the equity crowdfunding space in a big way on May 14, 2015. British Columbia, Saskatchewan,  Quebec, Manitoba, New Brunswick and Nova Scotia announced a new prospectus exemption for early stage companies to raise capital. When I first read the press release,… Read More

May 11, 2015 @ 11:10 am By Samantha Hurst  |  

On Monday, Kickstarter announced that it is ready to open its doors for inspired French inventors. The crowdfunding company stated: “We’re so excited to announce that Kickstarter is now open to French makers, innovators, filmmakers, chefs and creators of all types! French creators can start building… Read More

May 9, 2015 @ 9:00 am By Samantha Hurst  |  

On Friday, a Burlington woman named Cynthia Lynn Smith was accused of scamming backers on GoFundMe by faking a rare neurological disease known as Chronic Inflammatory Demyelinating Polyneuropathy. Authorities confirmed that Smith went as far as acting out symptoms to convince family and friends to help her… Read More

May 4, 2015 @ 9:53 pm By JD Alois  |  

This past March, UBER competitor Lyft closed a Series E funding round that delivered $530 million in capital to the young company and a hefty $2.5 billion valuation.  This funding round was led by Japanese firm Rakuten, but earlier rounds (and perhaps this one) included big… Read More

April 28, 2015 @ 9:36 am By Samantha Hurst  |  

On Tuesday, Kickstarter announced that their campaign creation process is officially open to German project creators. Kickstarter’s Yancey Strickler wrote: Hallo Deutschland!   My name is Yancey, I’m the CEO of Kickstarter, and it’s my pleasure to welcome all of you to the Kickstarter community.  … Read More

April 26, 2015 @ 2:39 pm By JD Alois  |  

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

April 24, 2015 @ 12:14 pm By Bret Conkin  |  

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

April 21, 2015 @ 3:19 pm By Samantha Hurst  |  

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

April 16, 2015 @ 2:51 pm By Samantha Hurst  |  

Seeking the help from strangers near and far, Toronto resident Tonika Morgan launched a GoFundMe campaign to raise $50,000 for tuition to one of the most prestigious schools in the US, Harvard University. According to her campaign, Morgan was homeless and never had a chance to finish high… Read More

April 13, 2015 @ 10:40 am By Erin Hobey  |  

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

April 10, 2015 @ 4:13 pm By Samantha Hurst  |  

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

April 9, 2015 @ 1:08 pm By Gil Michel-Garcia  |  

Regulators, particularly securities regulators, are normally a conservative and risk averse lot, generally preferring fraud prevention to economic efficiency.  However sometimes they can come up with some brilliant pieces of economically empowering regulation, particularly when pushed by the political powers that be and when faced… Read More

April 3, 2015 @ 1:38 am By JD Alois  |  

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

March 26, 2015 @ 6:53 pm By JD Alois  |  

We invite you to Canadian Crowdfund event  which will bring together traditional private investors and crowdfunders. Canada Crowdfund provides the participants with the unique opportunity to discuss current state of the industry, to learn from experts in venture capital, business angel and crowdfunding fields, to… Read More

March 17, 2015 @ 12:03 pm By Samantha Hurst  |  

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

March 17, 2015 @ 8:16 am By JD Alois  |  

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

March 14, 2015 @ 9:00 am By JD Alois  |  

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

March 13, 2015 @ 2:24 pm By Samantha Hurst  |  

Last month, a Quebec woman by the name of Rania El-Alloul made headlines when Judge Eliana Marengo dismissed her case against Quebec’s automobile insurance board due to her wearing a hijab in the courthouse. In an effort to help her, a campaign on GoFundMe was started to… Read More

March 9, 2015 @ 2:14 pm By Samantha Hurst  |  

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

March 6, 2015 @ 9:48 am By Samantha Hurst  |  

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