Fintech, P2P, Alternative Finance, Blockchain Cryptocurrency (Coins, Tokens), Crowdsale and Crowdfunding Opportunities for Investors, Companies and Online Financing Platforms


MAR 13:  NCFA Submission to Finance Canada

Urgent NEED for Regulatory Changes and Support

View the submission now



View:  Storify Experience | Photo Album

Weekly News Rundown:

Betakit | Jessica Galang | March 15, 2018 Coinsquare CEO Cole Diamond says he gets anxious about being perceived as doing too much. But it’s not enough for him to shy away from the company’s lofty expansion goals. Less than a year after hiring its first employee in April 2017, the company has hit 122 employees as it seeks opportunities beyond its cryptocurrency exchange platform. On the heels of a $30 million funding round with Canaccord in February, the company is exploring several verticals: a white-labelled solution to power crypto exchanges in the US and UK; a wealth division that provides dedicated agents to customers trading $25,000 or more; a digital currency mining operation with several thousand machines in Quebec; and CoinCap Funds, which gives people the choice to diversify versus selecting what coins they want to invest. The company is also launching a Trading and Arbitrage division to take advantage of cross exchange opportunities, and hedge coin and currency exposures. See: Canada’s Central Bank Issues White Paper on Government-Backed Digital Currency “Within the next couple of months, we expect to have a true global footprint in the very near term. Ultimately, the mission statement of the business is to build a 21st-century financial ...
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Coinsquare’s CEO Is Focused On Expanding Services While Gaining Public Trust release | Royal Bank of Canada | March 20, 2018 TORONTO, March 20, 2018 /CNW/ - With a focus on driving innovation to deliver leading-edge solutions for its clients and support the Canadian innovation community, RBC is the first Canadian bank to launch an Application Programming Interface (API) developer portal. The RBC Developers™ portal will allow eligible, external software developers, industry innovators and clients to access select RBC APIs. "Across other industries we've seen the transformational effect of APIs," said Sumit Oberai, Senior Vice-President, Digital Technology, RBC. "By providing external developers, industry innovators and clients with access to select RBC APIs, we have the opportunity to increase connectivity, create new tools and experiences for clients, and enable open and innovative collaboration to improve the future of banking." See:  Europe’s banks brace for a huge overhaul that throws open the doors to their data APIs allow applications to talk to other applications. This communication layer allows third party applications secured access to select data and capabilities from RBC. Once registered and approved to use the RBC Developers™ portal, external parties will be able to browse and learn about the APIs offered and build, test and deploy their applications using these ...
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RBC first Canadian bank to open an API developer portal
About NCFA Canada | Craig Asano | March 21, 2018 CALGARY, Mar 21, 2018 – The National Crowdfunding & Fintech Association of Canada (NCFA Canada) today announced that Victoria Bennett, Strategic Marketing Principal, Bennett Milner Williams Consulting Ltd., has joined the Association’s Ambassadors Program. NCFA Canada Ambassadors NCFA Canada Ambassadors are leaders, educators, supporters and advocates of an inclusive and broad-based alternative finance crowdfunding industry in communities across Canada. They are circles of influence and ‘go to resources’ for small businesses, organizations and investors to connect with, share and learn about crowdfunding via locally hosted events and initiatives. Ambassadors are specialists and plugged into an international network of shared resources, thought leadership, and industry professionals striving to cultivate and shape the future of finance in Canada and beyond. Victoria Bennett, Strategic Marketing Principal, Bennett Milner Williams Consulting Ltd. Victoria Bennett ran her first successful crowdfund campaign over four years ago, a long time in crowd funding years. A strategic marketer by training, she has worked on many major brands including Tide, Pampers, ENMAX and TD. She has used her skills as a marketer, to identify the solution the product or service provides, the target market, the so-what, and to communicate ...
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Victoria Bennett, Strategic Marketing Principal, Bennett Milner Williams Consulting Ltd., Joins NCFA’s Ambassador Program
Hut 8 Mining | March 19, 2018 Vancouver, British Columbia, March 19, 2018 – Hut 8 Mining Corp. (TSXV: HUT) (“Hut 8” or the “Company”), is pleased to announce today that it has entered into definitive agreements with the City of Medicine Hat (“CMH”) for the supply of 42 MW of electric energy and the lease of land upon which Hut 8 will construct and operate its mining facilities near the City of Medicine Hat’s new Unit 16 power plant. The expansion marks Hut 8’s commitment of a $100 million construction investment in the community, all of which is fully funded. Under the terms of an electricity supply agreement, CMH will provide electric energy capacity of approximately 42 megawatts to the new Hut 8 facilities, which in conjunction with the Company’s existing 18.7 MW in operation in Drumheller, will allow Hut 8 to meet 60.7 MW of a fully funded 62.7MW of power capacity by September 2018. The electricity supply agreement and the land lease both have a concurrent term of 10 years. The delivery of electric energy under the electricity supply agreement will commence upon the receipt of certain regulatory approvals and the commissioning of Hut 8’s BlockBox Data ...
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Hut 8 Mining Corp. Announces Electricity Supply Agreement with City of Medicine Hat
BDO Canada | March 15, 2018 We live in a digital age — information is transferred and transactions are completed at a speed that past generations never thought possible. We have seen some amazing innovations in the last decade. One is the creation of digital currency, or cryptocurrency, the best-known of which is Bitcoin. While it sometimes seems that tax authorities play catch-up to technology’s latest advances, not much escapes the scrutiny of the Canada Revenue Agency (CRA). Cryptocurrencies have moved into the mainstream. More and more, we hear of people who not only transact with and trade cryptocurrency, but who also “mine” it. Mining cryptocurrency involves solving increasingly complex mathematical problems that are meant to protect cryptocurrency transactions from becoming vulnerable to hackers. In exchange for solving these equations, the miner is rewarded with cryptocurrency coins or tokens. The increased frequency of cryptocurrency transactions, along with the recent volatility in the value of cryptocurrencies, has left many people who have traded, earned or transacted using cryptocurrency wondering whether income tax reporting obligations apply. See:  Ontarians and Cryptocurrencies: A First Look The CRA has provided general, and rather limited, guidance about the taxation of transactions carried out using cryptocurrency. While ...
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THE CRA’S Position On Cryptocurrency: Income Tax Implications
Coindesk | Brady Dale | March 19, 2018 "The market is being chilled." Issued by Mike Lempres, chief legal and risk officer at Coinbase, the statement captures the mood of the moment for crypto innovators in the U.S. as regulatory uncertainty and months of wanton market growth appear to be finally coming to a head. Spurring the shift is that the SEC finally confirmed last week what had been long rumored, that it's investigating companies and startups associated with initial coin offerings (ICOs). In response, entrepreneurs are largely surrendering on the idea new cryptocurrencies created and sold to investors could be considered so-called "utility tokens," a term denoting a digital commodity meant to represent the share of a blockchain protocol. Still, U.S. companies preparing to issue tokens as securities may not have an easier time reaching buyers. There's no registered broker-dealer capable of trading security tokens in the U.S. yet. And as multiple founders pointed out to CoinDesk, as issuers shift to issuing these tokens under a Regulation D exemption, most are still under the 12-month lock-up required by the rules. See:  Crypto Industry Should Self Regulate, Says CFTC Commissioner At the MIT Bitcoin Expo this weekend, the issue was on display ...
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ICOs Iced: A 12-Month Freeze on US Token Trading May Just Be Beginning
NCFA Canada | Craig Asano | March 19, 2018 TORONTO, MAR 19, 2018 – The National Crowdfunding & Fintech Association of Canada (NCFA) today announced that Prof. Michael R. King, Tangerine Chair in Finance and Co-Director of the Scotiabank Digital Banking Lab at Ivey Business School, Western University, has joined the Association`s growing Advisory Group to advise on the areas fintech research and education. Michael R. King, PhD CFA - Tangerine Chair in Finance, Co-Director, Scotiabank Digital Banking Lab - Ivey Business School at Western University Professor Michael King is the co-Director of the Scotiabank Digital Banking Lab at Ivey Business School – Canada’s first research centre studying the impact of financial technologies (“FinTech”) on banking and financial services. Michael joined Ivey in 2011 after two decades working in international financial markets. Between 1990 and 1998 Michael worked in investment banking and trading in New York, London, and Zurich with Credit Suisse and RBC Dominion Securities. After finishing his PhD at the London School of Economics, Michael joined the Bank of Canada in Ottawa from 2001 to 2008 where he worked in the Financial Markets and International Departments.  From 2008 to 2011, Michael worked for the Bank for International Settlements ...
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Michael R. King, Tangerine Chair in Finance and Co-Director, Scotiabank Digital Banking Lab - Ivey Business School at Western University Joins the National Crowdfunding & Fintech Association of Canada’s Advisory Group
CNBC | Kate Rooney | March 19, 2018 Bitcoin prices rallied back by more than $700 in less than three hours during late Sunday trading, capping off a wild weekend that saw the digital currency plunge through $8,000 and even near the $7,000 level. Prices are still off by 10 percent in the last seven days, according to CoinDesk. The cryptocurrency hit a low of $7,335.57 earlier Sunday before recovering back above $8,000, according to CoinDesk. Bitcoin was trading near $8,267 as of 9:05 a.m. ET Monday. Traders were unsure of what was behind the late comeback, but blamed another possible bitcoin advertising ban for the weakness over the weekend. Twitter is reportedly preparing to ban advertising for initial coin offerings, token sales, and cryptocurrency wallets globally, according to Sky News. The new policy could roll out in two weeks, the report said. The move would echo other tech giants' restrictions on advertising, and efforts to crack down on cryptocurrency frauds. Google announced an update to its financial services policy last week that will restrict advertising for "cryptocurrencies and related content" as of June. Facebook, the world's second-largest online ad provider, said in January it would ban all ads that ...
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Bitcoin bounces $700 in less than three hours, capping wild weekend that brought it below $7,400
The Globe and Mail | OpEd Michael King | March 1, 2018 Michael King is associate finance professor at Ivey Business School, University of Western Ontario. In the world of startups, the period when entrepreneurs are spending cash to build out a new product or service but have no revenues is known as "the valley of death." The only way to survive is to find an investor who believes in the idea and is willing to finance it to production and to find customers fast. Almost as important as cash, however, is mentoring and strategic advice from someone who believes in the founders. Currently, Canada's fintech industry is in the valley of death and is looking for mentoring, strategic advice and customers. The sector has been growing rapidly, investing in innovative products, but has yet to get traction. Canada's 2018 federal budget was a missed opportunity for Finance Minister Bill Morneau to voice his support for this innovative sector, to raise awareness among Canadians, to be a leading customer for these innovations, and to set a national strategy for this industry to succeed globally. See:  NCFA Submission to Finance Canada (March 2018):  Urgent Need for Regulatory Change and Government Support ...
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Federal budget keeps Canada’s fintech sector in the ‘valley of death’
Locavesting | Staff Writer | March 16, 2018 Some Americans may envy Canada’s charming president and progressive politics, but when it comes to investment crowdfunding, the two countries are in the same boat. In an appeal to government regulators this week, Canadian crowdfunding and financial tech advocates called out an “urgent need for regulatory changes and government support” for Canada’s entrepreneurial and capital raising ecosystem. That includes streamlining the country’s crowdfunding regulations and educating the public about the laws. “Entrepreneurs are reluctant to start up in Canada due to the high costs (relative to a small financing), and significant ongoing regulatory burdens. Investors are inhibited by caps on investment and limited education about  the benefits and downside risks of crowdfunding and other exempt financings. This pushes many talented entrepreneurs and investors to overseas jurisdictions that better understand (and support) innovation and the economic potential of start-ups and small businesses,” writes the National Crowdfunding & FinTech Association (NCFA), a nonprofit Canadian trade group. In Canada, online capital-raising rules vary by province, and efforts to “harmonize” the laws have fallen short. The U.S. is in a slightly better position. The U.S. crowdfunding industry falls under a single federal framework, the 2012 JOBS Act.  However, ...
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Canadian Crowdfunding Industry Highlights Urgent Need for Changes

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4 years of Toke Sales Visualized in One Graphic



View Release | Photos | Storify




Crowdfunding + Blockchain = ICOs in Focus


Thanks for another AWESOME Sold Out Capacity Crowd!

2017 'Fintech & Funding'Networking Event (Jun 22 @Spoke Club)

Check out the Photos

Check out 'Fintech & Funding' Event Page

SURVEY CLOSED :  Thanks for participating in our annual benchmarking of Canadian Alternative Finance Crowdfunding markets to inform all stakeholders on market activity and company and investor sentiment.  Results will be published in the 2017 annual report later this year...

For funding platforms, companies and investors:

2017 NCFA Survey Banner 1 (resize)


Fintech and alternative finance survey

Learn more about this Important Survey...


3rd Annual CCS2017 'Fintech & Funding' Conference

A Great Success!  Thanks for everyone's support! 

Conference Wrap-up

Photo Album

Video Highlight Reel


2016 Alternative Finance Crowdfunding in Canada Industry Report:  (Published Dec 2016)

Download the Free Report Now!


[Breaking Oct 24, 2016]:  OSC Unveils LaunchPad, a First in Canada


Thanks to all partners, organizers, attendees and volunteers for making the 2nd Annual VanFUNDING Fintech Crowdfunding Conference a Success!


View Press Release

View Presentation Decks (Slideshare)

View Photo Album

View Event Wrap-up

View Pitching Showcase Winners

[Breaking News]:  Sep 27, 2016

OSC to launch fintech hub to help companies navigate and possibly ‘tailor’ regulatory framework

June 9, 2016:  Rapid fire Crowdfunding Opps for Advisors

Thanks to the DMZ and Trinity Compliance Partners!

Regulators providing Guidelines on How to Register as a Funding Portal (more photos)


Jun 1:  Summer Officially 'Kicked Off' !

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NCFA Fintech Crowdfunding Community 2016


Call to Action:  Lifting the Veil on P2P Lending in Canada

Open letter P2P lending



For making CCS2016 another SELL OUT SUCCESS! 

View event wrap-up

View the full photo album

View the Highlights Video

View Hon. Charles Sousa's Opening Speech

CCS2016 - March 3 2nd Annual Canadian Crowdfunding Summit





*Important for Canadian platforms or portals servicing Canadian markets

(Deadline Ended)



Thanks YYC for a SOLD OUT Calgary Crowdfunding Bootcamp on Dec. 3!

(View Photos)

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[Breaking News]: Ontario publishes final Crowdfunding rules to come in force Jan 25, 2016

OSC 3Nov 5, 2015, Toronto – The securities regulatory authorities in Manitoba, Ontario, Québec, New Brunswick and Nova Scotia (collectively, the participating jurisdictions) today published in final form Multilateral Instrument 45-108 Crowdfunding, which introduces a crowdfunding prospectus exemption for issuers as well as a registration framework for funding portals.

Click here for more info...

Open letter to PM-designate Trudeau

Canadian Alternative Finance Platforms Encouraged to Participate!

Learn more about:  Cambridge-Chicago University 2015 Americas Benchmarking Survey...

2015 alternative finance survey


Get VanFUNDED Sep 29!  (Equity, Debt, Rewards and Fintech)

Thanks Vancouver for the SOLD OUT event!  (View photos)

VanFUNDING 2015 Speakers Shot2(more info...)

MPP, Hon. Brad Duguid Officially Opens the Inaugural 2015 Canadian Crowdfunding Summit on March 3, 2015 at MaRS Discovery to a sell out crowd. 

Checkout:  Video Recap | Storify | Sessions & Decks | Post-Event Infographic

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[Breaking News]: Six Canadian securities regulators to adopt start-up crowdfunding exemptions

May 14, 2015:  thumbs upThe securities regulators of British Columbia, Saskatchewan, Manitoba, Québec, New Brunswick and Nova Scotia (the "participating jurisdictions") today announced they have implemented, or expect to implement, registration and prospectus exemptions that will allow start-ups and early‑stage companies to raise capital through crowdfunding in these jurisdictions, subject to certain conditions.

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Check out our May 28 Networking Crowd & Rooftop Venue!

May 28 Summer Kickoff Networking

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The National Crowdfunding & Fintech Association of Canada (NCFA Canada) is a national non-profit actively engaged with social and investment crowdfunding, alternative finance, fintech, peer-to-peer (P2P), initial coin offerings (ICO), and online investing stakeholders across the country. NCFA Canada provides education, research, industry stewardship, networking opportunities and services to thousands of community members and works closely with industry, government, academia and eco-system partners and affiliates to create a vibrant and innovative fintech and online financing industry in Canada.  For more information, please visit: