Category Archives: Crowdfunding Portals

Fineqia Partners with JOI Media’s Katipult for Technology Platform

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Fineqia International Inc.  Release | Karolina Komarnicka | April 11, 2017

Fineqia and Joi Media release banner

VANCOUVER, April 11, 2017 /CNW/ - Fineqia International Inc. (the "Company" or "Fineqia") (CSE: FNQ) is pleased to announce that it has partnered with Canada's JOI Media Inc. ("JOI") to use its technology platform to start Fineqia's U.K. business that brings crowd investors some of the most lucrative and risk‑mitigated opportunities that have been mostly the privy of large financial institutions.

Fineqia will use JOI's proprietary crowdfunding software product Katipult, named as one of Canada's most innovative financial technology enterprises by the Royal Bank of Canada. Katipult's white‑label platform is transforming how equity and debt private placements are funded by giving crowdfunding platforms the tools to grow and efficiently manage investor networks as well as streamline deal flow administration. The crowdfunding software facilitates the entire investment process from deal origination to investor tax reporting.

"Katipult helps us get into the market quickly and cost effectively," said CEO Bundeep Singh Rangar. "We can focus on our core debt and equity placement activities while Katipult ensures we are always on the cutting edge of compliant technology innovation."

Katipult recently introduced BlockChain into its product offering that will support Secondary Market Crowdfunding that is unforgeable and inherently trustworthy. When an offering is closed that will be secondary market eligible, a blockchain token will be created that represents this security.

"We are proud to be working with Fineqia as their technology provider.  Private capital markets are changing and there is a massive opportunity for firms that recognize the industry is shifting online," said Brock Murray, CEO of Katipult.  "Through our partnership, Fineqia is leveraging innovation to provide risk mitigated investment opportunities to investors and that is a very encouraging mandate to be a part of."

Katipult has developed crowdfunding platforms for more than 20 countries to date that are multilingual and compliant for local jurisdictions in Canada, the U.S., the U.K., Europe and Asia. Its clients include MaRS Discovery District, Qatar Development Bank, US Debt Ventures, and The Formax Group.

See:  Fineqia Announces Chairman of the Board: London Stock Exchange AIM’s Ex-Head

Fineqia's minibond platform matches quality debt and equity investment opportunities with high-net worth, institutional investors and family offices. It gives investors information advantage, and most importantly, a way-in into institutional debt deals, highlighting the risks and objectively outlining opportunities involved. The platform applies high selectivity to the offerings displayed, with only a few of the highest quality deals being shown at any given time.

About Fineqia International Inc.

Fineqia's business model is to provide an online platform and associated services for the placement of debt and equity securities, initially in the UK. The platform will transparently highlight the risks and objectively outline opportunities involved.  For more information, visit www.fineqia.com.

About JOI Media Inc.

Headquartered in Calgary, Canada with locations across three continents, JOI Media is a global leader in enterprise software and software related services. They work with reputable organizations across the private, public and social sectors.  For more information, visit www.joimedia.com.

About Katipult

Katipult is a crowdfunding software solution for private capital markets for private placements, investment crowdfunding, investor management, and listings. Katipult allows companies to design, setup, and manage an investment crowdfunding platform across multiple distribution channels including web, mobile, and social media. For more information, visit www.katipult.com

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATORY SERVICE PROVIDER HAS REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

SOURCE Fineqia International Inc.

For further information: Karolina Komarnicka, Chief Marketing Officer, T: +1 (778) 654-2324, E: info@fineqia.com, W: www.fineqia.com

The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both social and investment crowdfunding stakeholders across the country. NCFA Canada provides education, research, leadership, support and networking opportunities to over 1500+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding industry in Canada. Learn more at www.ncfacanada.org.

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Crowdfunding the Canadian Knowledge Economy

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Labfundr | Eric Fisher | April 7, 2017

Pre-CCS2017 Mixer

Earlier this month on Feb 28 and Mar 1, I attended the 3rd Annual Canadian Crowdfunding Summit, hosted in Toronto by the National Crowdfunding Association of Canada (NCFA). There was a lot of energy in the room, reflected by #CCS2017 ranking among the top trending hashtags in Canada during the event.

Crowdfunding is helping fund an increasingly diverse range of projects, companies and people. We heard from platforms that are enabling real estate investments, helping make entertainment productions a reality, helping all manner of startups find seed funding, and enabling books to be published. Crowdfunding can also become a key ingredient in sustaining and growing our knowledge economy.

We heard about successes and challenges from the US and UK, which have much more mature crowdfunding industries than Canada. In Canada, the total raised via crowdfunding in 2016 was projected to be $190 million. This is 100x less than the US. Given that our populations only differ by 10x, there is plenty of room for growth.

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Financial technology (fintech) platforms such as online lending, peer-to-peer lending, blockchain crowdfunding, and a socially responsible bank were all exciting models to learn about.

Donation and rewards-based crowdfunding models are straightforward and not subject to regulation, but other alternative finance models face a challenging regulatory landscape. Paths to growth look to be through education and awareness of equity crowdfunding/alternative finance, improving regulations in a collaborative way, and harmonizing the diverse rules existing in different provinces.

Regulators from Alberta, Quebec, BC and Ontario were on hand and engaging in productive dialogues with the industry. Collaborative efforts can improve regulations and encourage more activity in the space, while ensuring legal protection for investors. In a conference filled with fintech, the term “regtech” stood out. Regulatory technology may be a key part of the equation that reduces friction for fintech startups.

Another standout panel was about diversity. Important takeaways were how subtle but powerful language choices made in job listings and company culture can encourage, or discourage, diversity among your staff. Diversity is recognized a key to success. And being new to entrepreneurship, it was inspiring to learn concrete ways to be inclusive as we grow.

I also met several scientists, completely by chance! Perhaps we have some unconscious, nerdy tells that point us toward each other (cause for an experiment, perhaps?).

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The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both social and investment crowdfunding stakeholders across the country. NCFA Canada provides education, research, leadership, support and networking opportunities to over 1500+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding industry in Canada. Learn more at www.ncfacanada.org.

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Are Overseas Portals the Next Big Thing in US Equity Crowdfunding?

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Crowdfund Insider | By | March 21, 2017

Non-resident US funding portal registration

Much excitement has been generated with the enactment of Regulation Crowdfunding (Reg CF) and the ability of non-accredited investors to invest in startup companies in the United States. The SEC recently reported that while early capital raising efforts is still growing, Regulation Crowdfunding has provided a new mechanism for small, domestic issuers to raise capital that was previously unavailable.

There is speculation that soon, with a Republican Administration in Washington focused on deregulation, Regulation Crowdfunding may be a “huge” beneficiary, including an expansion permitting an issuer to raise $5 or perhaps even $10 million per annum, rather than the current $1 million limit. While a common complaint during its first year is that the issuers themselves must be domestic United States companies, the same does not hold true for crowdfunding portals.

Regulation Crowdfunding specifically permits “nonresident” funding portals to operate in the United States.

A nonresident funding portal is a funding portal incorporated in or organized under the laws of a jurisdiction outside of the United States, or having its principal place of business in any place not in the United States. Thus you can operate overseas and still be permitted to engage in business as a U.S. funding portal.

See:  Title III Crowdfunding For Real, Part I

Nonresident portals can quickly broaden US crowdfunding efforts to overseas, and raise foreign investor (crowd) capital for US companies. This together with the benefit that a crowdfunding portal is specifically exempt from broker-dealer registration under Exchange Act section 15(a), provides ample incentive to foreign entrepreneurs to seek to participate in US small issuer capital formation.

Nonresident funding portals share the same benefits as domestic funding portals, including the right to post offerings on their portal and receive transaction-based compensation (commission and equity) for their services. Nonresident funding portals may even have a competitive advantage in accessing capital for US crowdfunding offerings. MrCrowd.com and its CEO Allen Au, based in Hong Kong, appear to be the first nonresident funding portal to see an opportunity and become registered with FINRA.

For the US Securities and Exchange Commission (SEC) to permit nonresident funding portals to be based outside of the US, the portals must be subject to SEC and Financial Industry Regulatory Authority (FINRA) regulation. Registration of a nonresident portal is conditioned on an information sharing arrangement in place between the SEC and the competent regulator in the jurisdiction under the laws where the nonresident funding portal is organized or has its principal place of business.

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The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both social and investment crowdfunding stakeholders across the country. NCFA Canada provides education, research, leadership, support and networking opportunities to over 1500+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding industry in Canada. Learn more at www.ncfacanada.org.

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[Montreal FrontFundr Event Mar 29]: Collecte de fonds en ligne : Votre nouvelle alternative de financement

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FrontFundr | Jill Earthy | March 22, 2017

FrontFundr event in Montreal

Raising Capital Online: The New Funding Option

Collecte de fonds en ligne : Votre nouvelle alternative de financement

Wednesday, March 29th/Mercredi 29 mars: 5:30 - 7:30 pm

McMillan LLP, 1000 Sherbooke O./W., #2700, Montréal

Register here: https://frontfundr5a7montreal.eventbrite.ca

 

Participez à notre 5@7 afin d’en apprendre davantage sur l’investissement participatif et partager un verre avec les membres de l'équipe de FrontFundr.

Cet événement est une occasion pour les entreprises, les investisseurs potentiels et tous les curieux de se rencontrer, et de parler de l'opportunité de lever du capital en ligne ainsi que de l’investissement participatif au Canada.

Venez donc rencontrer le CEO de la plateforme de Frontfundr, Peter-Paul Van Hoeken, de passage à Montréal afin d'en apprendre davantage sur la levée de capitaux en ligne. Faites vite, les places sont limitées!

Come to our 5@7 to learn more about equity investing and share a drink with members of the FrontFundr team.

This event is the occasion for companies, potential investors, and those who are simply curious to come out, network, and learn all about the opportunities of raising capital online and the equity crowdfunding landscape in Canada.

Come and meet the CEO of the Frontfundr platform, Peter-Paul Van Hoeken, to learn more about raising capital online.Please RSVP in advance, as space is limited!


The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both social and investment crowdfunding stakeholders across the country. NCFA Canada provides education, research, leadership, support and networking opportunities to over 1500+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding industry in Canada. Learn more at www.ncfacanada.org.

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Exploration company jumps on crowdfunding bandwagon

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BIV | By March 14, 2017

Kal minerals

B.C.-based Kal Minerals is first junior miner in Canada to take advantage of platform

Though still gaining traction in Western Canada, crowdfunding is now being tapped by all types of industries as a leg up for accelerated growth.

B.C.-based junior mining company Kal Minerals Corp. has turned to Vested Technology Corp.’s online crowdfunding platform to build out its portfolio and expand the company.

“Kal Minerals is the first exploration company in Canada that is using the crowdfunding exemption offered by the British Columbia Securities Commission,” said David Patterson, chief operating officer at Vested.

Vested is a Vancouver-based startup crowdfunding platform that is not registered under Canadian securities legislation.

“The portal,” Patterson said, “allows a passageway for private companies to meet with private investors to fund small amounts of money through many investors, up to $250,000 twice a year.”

Equity crowdfunding has been legal in B.C. since May 2015, but he said this is the first time the option has been used this way in the province.

“This is definitely a milestone for junior exploration in B.C., but also for people that want to see how crowdfunding works at the grassroots level.”

See:  2017 Canadian Online Funding Directory

“Ray played football for SFU, so I’ve known him from a few different walks of life,” Patterson said. “I also played football at the school.”  Wladichuk, who played in the Canadian Football League for two years before starting Kal Minerals, studied engineering at SFU with a focus on alternative energy.  He obtained his degree in earth sciences.  His company is focused on aluminum alloys and other related metals and minerals.  “We are trying to build a portfolio of good projects,“ Wladichuk said.  That portfolio begins with the option of earning 100% interest in the Jack White property in B.C.’s New Westminster mining division, between Merritt and Hope.

“This B.C. property has great copper numbers and is in a regional scandium-high area, which is the best aluminum-strengthening alloy,” said Wladichuk. “We’ve already raised $70,000 for exploration, which is Step 1 for building this company up.”

The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both social and investment crowdfunding stakeholders across the country. NCFA Canada provides education, research, leadership, support and networking opportunities to over 1500+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding industry in Canada. Learn more at www.ncfacanada.org.

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Canada’s First Entertainment Crowdfunding Platform Launches for All Investors

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FundingNomad | Brad Kerr | Jan 9, 2017

fundingnomad

FundingNomad brings the best and most exciting entertainment opportunities to Canadian investors, online, while maintaining full securities compliance.

TORONTO, Jan 9, 2017  – FundingNomad (fundingnomad.com) has officially launched Canada’s first entertainment crowdfunding platform for Canadian investors, opening up the market for companies to run campaigns that raise financing from the “crowd” for entertainment projects (stage shows, musicals, films, movies, direct-to-digital media, interactive exhibits, performances, and recreation/hospitality). Accredited and Retail Investors across the country can sign-up and invest for free on FundingNomad’s secure portal that is fully compliant with Canadian securities regulations.

FundingNomad’s crowdfunding platform is dedicated to entertainment and media investments, and is backed by its own respected and experienced Exempt Market Dealer (EMD) that has been financing entertainment deals for many years. The platform employs high security, privacy, scalability, as well as an automated and intelligent engine that controls the campaigns that investors are permitted to invest in, and how much they can invest based on their financial accreditation status.

See:  FundingNomad at 2017 Crowdfinance Summit in Toronto on Feb 28-Mar 1

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Brad Kerr, CEO, FundingNomad

Crowdfunding in Canada is growing rapidly and is expected to be a $190 million market in 2016, an increase of 48% over 2015. It is even larger in the United States, at well over $36 billion. “Canadians have a tremendous opportunity to be a part of this global investment phenomenon that puts the power, convenience and control in the investor’s hands, together with strong regulatory oversight,” stated Bradley Kerr, CEO and co-Founder of FundingNomad.

“We are pleased to be able to bring Canadian investors the best entertainment deals from around the world, and allow them to become equity investors with the top producers, and share in the rewards.”

According to Joe Kodjian, Chief Compliance Officer and co-Founder of FundingNomad,

“Many people are familiar with donation crowdfunding where they receive a t-shirt or a gift for their donation to a campaign. Equity crowdfunding, on the other hand, gives real ownership and this is what most investors have been looking for. However, this market is highly regulated and that is why we spent over a year to develop our secure and compliant platform for all investors.”

Crowdfunding accelerates the commercialization of new products, ideas and services in Canada to compete globally and strengthen Canada’s entrepreneurial backbone at grassroots levels. According to Craig Asano, Founder & Executive Director of the National Crowdfunding Association of Canada, “Crowdfunding is not solely a provincial issue. Nor is it entirely a federal one. It is a Canadian issue. All governments need to examine what they can do to improve the ability of SME’s to tap this potentially huge funding source.” FundingNomad is a member of NCFA Canada, which is the only trade association actively engaged with both social and investment fintech crowdfunding and alternative finance stakeholders across the country. Learn more at http://ncfacanada.org

Investors interested in entertainment deals are invited to sign-up for a free account on FundingNomad at www.fundingnomad.com or to contact FundingNomad at info@fundingnomad.com. Members of the press may contact FundingNomad at press@fundingnomad.com.

fundingnomad

fundingnomad-campaigns

About FundingNomad

FundingNomad is the best and most exciting way to invest in entertainment crowdfunding – online, securely and compliantly. Investors from around the world can invest in global entertainment projects (stage shows, musicals, films, movies, direct-to-digital media, interactive exhibits, performances, and recreation/hospitality) developed by the most experienced and successful production companies that have been fully vetted and approved. Past campaigns include Mat Franco Magic Reinvented Nightly, Rock of Ages Las Vegas, Absinthe at Caesar’s Palace, and many more. For more information and to create a free investor account, go to www.fundingnomad.com.

Source:  FundingNomad Release

Media Contact:
Bradley Kerr
FundingNomad
416-639-2020 ext 3
brad@fundingnomad.com

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FrontFundr first in Canada to raise $650K equity capital through its own platform

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FrontFundr Release | December 21, 2016

frontfundr-invest-in-the-revolutionFrontFundr raises $650K on its own online funding and investment platform

December 21, 2016 (Vancouver, BC) – For the first time in Canadian history a business, FrontFundr, has self‐funded on its own equity crowdfunding platform. To great success, FrontFundr has exceeded its target raise by 130%, raising a total of $650K from 200 investors utilizing its own crowdfunding platform to facilitate the raise. These funds will take the company to the next level, allowing FrontFundr to build out its position as the leading online investment platform in Canada, and expand to the U.S..

In May 2015, FrontFundr introduced equity crowdfunding to Canada through the launch of the first online investment platform. The concept is simple. Instead of raising funds exclusively from the wealthy elite, per traditional startup fund raising, FrontFundr allows businesses to raise funds from anyone. Unlike traditional crowdfunding that involves a donation of money in exchange for a product or service (like Kickstarter), FrontFundr allows companies to raise real money in exchange for real ownership. This concept is similar to the popular show Dragon’s Den, except the crowd can participate and become an owner in a business—not just high net worth individuals.

“We’ve been helping businesses across Canada raise funds from the public over the past eighteen months,” says FrontFundr CEO Peter‐Paul Van Hoeken. “It’s been a fun ride and we’ve loved sharing in these companies’ successes. We decided it was our turn to walk our talk. We’re a young company too in need of capital, so it made perfect sense to use our own platform and tap into our brand champions for our raise. We are overwhelmed by the success and the support and thrilled to have exceeded our target raise by $150K”

See:  Impak Finance raises largest single-day amount for Canadian equity-crowdfunding initiative

In addition to its own raise, FrontFundr has helped 9 other Canadian companies get funding from the crowd since its launch, ranging in amount from $50,000 to $2 Million. In addition to closing its own raise, this week FrontFundr’s platform also saw the close of a raise for Montreal’s Impak Finance—a new company that plans to build Canada’s first socially responsible bank.

While the introduction of equity crowdfunding, the traditional investment models of yesterday are becoming completely revolutionized. By opening investment opportunities to the public, Canadians are able to access opportunities they were previously locked out of, and companies are able to access capital that was previously inaccessible. It’s a win‐win, where people are now able to support and share in the potential success of companies they believe in in a meaningful way, and at the same time young companies are able to fund their businesses and continue their growth. In fact, FrontFundr has seen an uptake in the number of shares being purchased as gifts for others this holiday season. In 2017, FrontFundr expects to see continued exponential growth on its platform as more entrepreneurs become aware of the opportunity to access capital from the crowd.

To learn more about investing online in private companies and to browse live investment opportunities, visit FrontFundr.com.

About FrontFundr

FrontFundr is a fintech company that enables entrepreneurs to raise capital from all Canadians.  Investing in private companies was previously limited to angel investors and venture capitalists, but after recent regulatory changes, private investing is now open to a wider spectrum of investors. Canadians can now invest online in companies that they believe in through the FrontFundr platform alongside seasoned investors, while directly contributing to innovation and sharing in the growth of companies they believe in. FrontFundr operates its online investment platform as a fully registered Exempt Market Dealer (EMD) in eight provinces in Canada.

For more information, photos or interview requests, please contact Jeannine Bartz at Jeannine@frontfundr.com or 604‐306‐0207.

The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both social and investment crowdfunding stakeholders across the country. NCFA Canada provides education, research, leadership, support and networking opportunities to over 1500+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding industry in Canada. Learn more at www.ncfacanada.org.

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