Tagged: craig asano

CSA Responds to Ontario Capital Markets Modernization Taskforce Report: NCFA – The present system is simply not good enough

Last month, the Capital Markets Modernization Taskforce in Ontario, Canada, issued its final report as to how to improve capital formation and affiliated economic growth and prosperity. The Taskforce’s goal was to “address the issues of tomorrow’s capital markets with bold and innovative recommendations that… Read More

Canada Update: Alberta Updates Crowdfunding Regulations but Where Does Canada Stand in the National Harmonization of Rules? What about Fintech Development?

Last week, the Alberta Securities Commission (ASC) adopted a “Blanket Order” for “Startup Crowdfunding Registration and Prospectus Exemptions.” In effect, the ASC was seeking to improve access to capital for smaller firms – a good thing- but the move also highlights the disparity between the… Read More

The National Crowdfunding & Fintech Association of Canada Prepares for FFCON19 in April

The National Crowdfunding & Fintech Association of Canada (NCFA), the leading Fintech and crowdfunding advocacy group in Canada, has scheduled its annual event to take place this April in Toronto. The 5th Annual 2019 Fintech & Financing Conference, or FFCON19, will combine all aspects of… Read More

Finally. Canadian Securities Administrators Announce Intent to Harmonize & Improve Crowdfunding Exemption

Crowdfunding has been legal in Canada for some time now but in Canada, securities are managed and regulated at the provincial level thus creating a bit of a regulatory mishmash which proves difficult and costly to firms. Issuers must be certain to manage any provincial… Read More

Providing SMEs Access to More Capital: Lending Loop Syncs with Ontario Government

Online P2P lender Lending Loop has partnered with the Ontario government to launch a pilot project that will provide $3M in loans over the next two years, according to the Globe and Mail. The article indicated that the Ontario government will boost Toronto-based Lending Loop’s… Read More

Canadian Crowdfunding Platform FrontFundr Hits $10M Milestone, Self-Crowdfunding Campaign Nears Goal

FrontFundr, the leading Vancouver-based Canadian online investing platform, utilizes its online exempt market dealer (EMD) status plus its modern technology to enable users across Canada to invest in innovative growth businesses in under 12 minutes and starting from $250. “We are pleased to announce that… Read More

British Columbia Securities Commission Sponsors Regtech Hackathon

The British Columbia Securities Commission (BCSC) is sponsoring a Regtech Hackathon to take place in Vancouver, BC on November 28th. The one-day event is designed to challenge participants to create innovative solutions to help industry meet its regulatory requirements more efficiently and effectively, and improve… Read More

NFCA’s VanFUNDING 2017 to Bring More Than 50 Leading Blockchain, Fintech, & Capital Innovation Experts to Vancouver Last Weekend of November

National Crowdfunding Association of Canada (NFCA)’s VanFUNDING, a West Coast event that’s dedicated to connecting people to partnerships, investment, and business opportunities, announced on Wednesday it is bringing its 2017 Blockchain, Fintech, Funding Conference and RegTech Hackathon to Vancouver on November 28th at the Morris… Read More

Ready & Waiting: NCFA Canada Opens 2017 Alternative Finance Industry Survey

The National Crowdfunding Association of Canada has announced the launch of its third Alternative Finance Crowdfunding Survey in Canada for platforms, investors and companies as part of its annual exercise in providing Canadian benchmarks on market size, volume, market activity, platform characteristics, jobs, and key… Read More

National Crowdfunding Association of Canada to Hold 3rd Annual Event in Toronto

NCFA Canada Focuses on Innovation Finance and Fintech Trailblazers from Across the Country. The National Crowdfunding Association of Canada (NCFA Canada) will be holding its third annual Canadian Crowdfunding Summit (CCS2017) in Toronto this month. The event opens on February 28th and continues for a… Read More

Fineqia CEO Bundeep Singh Rangar Joins NCFA’s Advisory Board

Fineqia International Inc. (CSE: FNQ) (OTCPink: FNQQF) (Frankfurt: FNQA) announced on Thursday its CEO, Bundeep Singh Rangar, is set to join the NCFA’s Advisory Board as an advisor of global debt markets. According to Fineqia, Rangar has over 20 years’ combined experience in finance, banking, consultancy,… Read More

Jason Butcher Joins NCFA’s Crowdfunding Ambassadors Program

“Together we can create it all. Crowdfunding helps to bring us together,” stated Jason Butcher. The National Crowdfunding Association of Canada (NCFA Canada) tapped Parallel Payments founder Jason Butcher to join its Association’s Crowdfunding Ambassadors Program. Crowdfunding Ambassadors, leaders, educators, supporters and advocates of an inclusive and broad-based crowdfunding industry… Read More

NCFA Canada Announces Dragon’s Den Golden Ticket Winners

The National Crowdfunding Association of Canada (NCFA Canada) recently held its annual event in Vancouver. VanFUNDING 2016 incorporated a “pitching showcase” and the winning companies were: ChatterHigh, Glance, My Green Space and Starling Minds. VanFUNDING was created to be all about boosting online and alternative… Read More

NCFA to Host Over 50 Fintech & Crowdfunding Leaders in Vancouver

The National Crowdfunding Association of Canada (NCFA) will be hosting its 2nd annual Fintech and crowdfunding conference next week and this year the show is in Vancouver and has been labeled VanFUNDING 2016. The NCFA has included multiple enterprise conference partners this year including PayPal… Read More

National Crowdfunding Association of Canada Criticizes Integrated Crowdfunding Exemption in Letter to Alberta Securities Commission

The National Crowdfunding Association of Canada (NCFA), has criticized Canada’s regulatory approach to crowdfunding in a public letter sent to the Alberta Securities Commission and Superintendent of Securities, Nunavut.  While the letter is addressed to the two entities it can be viewed as a proxy… Read More

Brief: CEO of LendingArch Joins National Crowdfunding Association of Canada’s Advisory Board

On Monday, the National Crowdfunding Association of Canada (NFCA) announced that CEO of LendingArch, Arti Modi, has joined its advisory board.  Craig Asano, founder and executive director of NCFA Canada, stated: “As consumer finance continues to evolve through technology innovations and data advancements, marketplace lending will… Read More

Brief: NCFA Canada Selects Finalists for 2016 Canadian Crowdfunding Summit

Twelve Canadian startups have been selected from across the country to pitch to investors like OMERS, Whitecap Venture Partners, YEDI, Extreme Venture Partners, DMZ at Ryerson University at the 2016 Canadian Crowdfunding Summit. This year’s theme is “The Future is NOW.” With the newly released equity crowdfunding regulations in Canada and… Read More

National Crowdfunding Association of Canada Schedules 2nd Summit for this March

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

NCFA Founder Craig Asano Rallies Canadian Crowdfunders with Alternative Finance Policy, Notes “Flourishing” Startup Scene

“As the crowdfunding economy grows it will spur economic prosperity, create new jobs and ultimately improve follow-on funding outcomes for scalable ventures looking to succeed in the incredibly dynamic and connected global markets we live in today.” As readers know, The Centre for Alternative Finance at University of… Read More

Is Culture Killing Equity Crowdfunding in Canada?

  American culture is known for celebrating “winners.”  Canadians are known for being modest and risk averse.  Could this cultural difference explain why Canadian equity crowdfunding appears to be relatively underdeveloped so far?  We checked out the funds actually raised in 2015 and talked to some of Canada’s… Read More

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