Tagged: daryl hatton

Canada: FINTRAC Requires Charity Platforms to Comply with AML/KYC Rules, NCFA Criticizes Regulatory Move

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) is now requiring charity platforms to perform AML/KYC processes on transactions. FINTRAC already requires crowdfunding platforms that provide services to raise funds or virtual currency and certain payment service providers to register as money services… Read More

Data Reveals: Rewards Crowdfunding is the New Seed-Funding

Data provided by TheCrowdfundingCentre asserts that crowdfunding is the vehicle driving an “unprecedented” global wave of innovation.  In a report entitled, “2016: State of the Crowdfunding Nation”, the authors state that rewards based crowdfunding is providing much needed seed funding for smaller firms thus generating… Read More

Now Live: PetFundr, One Of The World’s First Animal-Only Crowdfunding Platforms

From lolcats to Tiny Hamsters Eating Tiny Burritos, the cute, fuzzy and furry meowing at the door or loopily chasing their tails outside have a special draw on the Internet. Now, PetFundr, one of the first crowdfunding sites solely dedicated to animal welfare, is live, thanks to a successful partnership with… Read More

FundRazr & Fundica Partner Up on Funding Roadshow

Two of Canada’ crowdfunding platforms, Fundica and FundRazr, have partnered to put together a 2014 Funding Roadshow.  Powered by FundRazr, the “Fundees Crowdfunding Competition” will be unveiled in both Toronto and Guelph, Ontario. Two Canadian startups will win a prize worth $10,000.  The competition will… Read More

NCFA Canada Applauds Regulators Approach on Crowdfunding

On March 20, 2014, a total of six provincial regulators announced two main proposals for new Crowdfunding prospectus exemptions that would allow early stage companies such as start-ups and SMEs to raise up to $1.5 million of capital online through the issuance of securities. According… Read More

PayPal Calls For More Disclosure For Pretail-Powered Crowdfunding Campaigns

In a blog post published yesterday, PayPal Chief Risk Officer Tomer Barel announced a set of changes regarding how PayPal will approach crowdfunding as a payment provider. Consider this excerpt, emphasis ours… Together with the crowdfunding sites, we identify if campaigns are strictly fundraising or… Read More

What Makes Crowdfunding An Emerging Opportunity For Entrepreneurs

Crowdfunding is one of the hottest business topics of 2013. In 2012 all forms of crowdfunding raised $2.7b – an 80% increase from the $1.5b raised in 2011. Massolutions, a consultancy, estimates the global market will increase another 81% in 2013 to $5.1b. A big… Read More

Fundrazr Launches Fundrazr.co.uk, Tops £1 Million raised in United Kingdom, Europe

Canadian platform FundRazr wants to be known as the easy to use crowdfunding platform for everyone.  They have been doing a pretty fantastic job of achieving this goal.  Recently they were tapped for a new television show about crowdfunding.  Earlier this year, Fundrazr announced having… Read More

Fundrazr Launches Crowdfunding as a Service Technology at Grow 2013

Crowdfunding as a Service Technology or CFaaST, Allows Crowdfunding Integrated Directly on Company Website Fundrazr claims 2013 as an excellent year and rightly so.  In 2013 they won the “Most Promising Startup” from the Technology Impact Awards.  They were also a winner in the Global… Read More

PayPal Partners with SETI to Crowdfund, Powered by FundRazr

Dubbed Crowdfunding’s Final Frontier – Crowdfund Anything Anywhere Site FundRazr Powers PayPal Galactic Site. The crowdfunding innovators at FundRazr are are powering PayPal Galactic’s partnership with SETI Institute to crowdfund life on earth, and search for ET (extraterrestrial) life beyond it. SETI’s Curiosity Movement crowdfunding… Read More

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