The white paper from Square’s new TBD division describes a protocol for exchanging digital and other assets in a way that’s more accessible to everyone.
Karsten Wenzlaff, Advisor
August 26th, 2025
Karsten Wenzlaff is a Crowdfunding and Fintech Expert from Germany. He is Secretary-General of Digit[...]
Category Archives: Voices
Know Your Customer – and your Obligations – in the age of Real-Time Rails and Open Banking
MinervaAI.io | Jennifer Arnold and Charlene Sebastian | Dec 7, 2021
Canada’s innovation landscape is evolving like never before. With Payments Modernization, Open Banking, and the approval of Canada’s first crypto-asset custodian, Canadian regulators are also stepping up to the plate, ensuring protection for consumers. This means constant and rapid adjustment of regulatory frameworks to ensure regulations reflect the nuances that innovation brings, while addressing customer demand for advanced technology and simplified experiences through leveraging digital options.
That can make it hard for startups and even established organizations to keep up with the changes, let alone ensure that they have the right tools and resources to operationalize complex legislative requirements.
When it comes to compliance for FinTech, Security and Data protection often take the lion’s share of focus and can eat up a significant chunk of capital along the way. For example, the average cost of SOC 2 Type 2 compliance, a precursor for the vendor management process, ranges from $30-40K – not including the costs to get there, which can be well over $100K.
Emerging Retail Opportunities
The mainstream adoption of virtual assets in the retail consumer space (e.g., cryptocurrencies, NFT’s and the like), coupled with modernized payment rails and consumer directed finance, points to a likely increase of entrants into the payments market – a historical “sweet spot” offering for startups. Along with this comes an increased focus on consumer protection while trying to balance innovation and competition.
See: NFTs and The Metaverse for Marketers
This is the driver for the new Retail Payments Activities Act (RPAA), passed on June 29, 2021, and continued updates to the Proceeds of Crime (Anti-Money Laundering) and Terrorist Financing Regulations (PCMLTFR).
What do I need to know?
The RPAA defines the nature of a Payment Service Provider (PSP) and requires PSPs to register with the Bank of Canada who will administer and enforce the RPAA, including financial penalties for violations.
A PSP is defined as “an individual or entity that performs payment functions as a service or business activity that is not incidental to another service or business activity” and covers “any retail payment activity that is performed by a payment service provider that has a place of business in Canada…(or) performed for an end user in Canada by a payment service provider that does not have a place of business in Canada but directs retail payment activities at individuals or entities that are in Canada.”
While there are some exceptions, this aligns directly to the FINTRAC definition of a Money Services Business (MSB) including services dealing with virtual currencies. This evokes the requirement to also register with FINTRAC and directly connects a PSP to the obligations outlined in the PCMLTFR for an MSB. It’s important to note that the PCMLTFR already accounts for Money Services Businesses (MSB’s) and Virtual Asset Service Providers (VASP’s) and has for several years.
If you are unsure whether you fall under these categories, please reach out to us and we’d be happy to review the criteria together.
What are my obligations under the PCMLTFR?
In short, MSB’s must set up a compliance program that consists of knowing your customer (KYC - verifying their identity) and conducting a risk assessment of your customer base to determine the level of due diligence and ongoing monitoring required. Risk assessments should be updated regularly to and in accordance with detailed FINTRAC guidance.
See: Technology Due Diligence Process and Cyber Risks for Fintech Start-ups
In addition to screening for Sanctions compliance and Politically Exposed Persons (PEP), there are multiple reporting requirements depending on the types of transactions conducted and in relation to customer risk. There are also special requirements when certain types of transactions are above a specified monetary threshold.
What’s this going to cost?
It depends. Factors like customer risk, volume, and velocity of transactions weigh into the costs of establishing a compliance program.
...but making sure you get it right, protects you from fines. FINTRAC actively enforces penalties for violations, and if the US and UK examples are any indicator, monetary penalties are positioned to grow. Even a small fine can cripple a smaller firm.
Trust is also a huge factor in influencing retail adoption for new entrants, especially for newer players in the crypto space. An enforcement action can have significant reputational risk, something a startup may never recover from.
Fines in 2021 so far…
What can we do about it?
What we do know is that leveraging established Regulatory as a Service tools like MinervaAI can help you deliver on your obligations and are proven to be much more effective and efficient than traditional methods alone.
See: RegTech: Powering the future of regulation
Firms like MinervaAI are led by professionals with deep knowledge of the regulations, the investigations process, and the machine and deep learning expertise to “plug and play” into your existing technology and process ecosystem. AI innovations coupled with cloud scalability allows investigators to do in minutes, what would traditionally take hours and days to do.
Compliance doesn’t have to be scary or slow down customer onboarding. In fact, having an efficient and accurate risk assessment process upfront, with automated ongoing monitoring behind the scenes, ensures that your customers will be able to transact without interruption.
Request a demo at minervaai.io
Authors:
Jennifer Arnold, CEO and Co-Founder, MinervaAI. Chief Regulatory Nerd and financial crimes enthusiast.
Charlene Sebastian, Head of Client Success and Delivery Enablement, MinervaAI. Obsessed with Data and getting *&^% done.
This article is featured in NCFA's digital magazine, Fintech Confidential (Issue 4 Oct 2021). Click to read the latest thought leadership, insights and trends about Fintech in Canada:
Checkout NCFA's digital magazine, Fintech Confidential (Issue 4) --> here
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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BoC: Retail Payments Supervision Meeting Summaries for registration, governance and fees
Bank of Canada | Dec 7, 2021
October summary
The Retail Payments Advisory Committee (RPAC) met on October 18 and 20, 2021, to discuss elements of the registration process, record keeping, annual reporting and information requests. Participants were invited to comment on:
- information collected at registration and published to the registry
- record retention triggers and practices
- a proposed approach to reporting
Documents
November summary
At its meeting on November 16 and 17, 2021, RPAC discussed a preliminary approach to registration and annual assessment fees. Participants were invited to comment on:
- the principles guiding fee design
- approaches to the fees for applying to register and for annual assessment
Documents
See: Bank of Canada Staff Paper: Bitcoin Adoption and Beliefs in Canada
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Wealthsimple exits UK market (for now) – Too many investment apps in the UK?
Betakit | | Dec 6, 2021
As Wealthsimple exits another international market, the Canadian FinTech giant has completed the transition begun earlier this year to focus solely on Canada.
Wealthsimple announced today that the company has sold its UK book of business to European digital wealth manager Moneyfarm (terms of the deal were not disclosed). Wealthsimple UK will transfer its existing 16,000 customers to Moneyfarm by end of January next year, and no longer provide advisory services.
The sale is the last step in a transition out of international markets begun earlier this year. Wealthsimple sold its US book of business to Betterment in March, citing a desire to focus more directly on the Canadian market.
“I think what you’ve seen from us, as we’ve divested from the advisors business a year ago, as we left the US market to focus on Canada, it’s about focus,” Katchen said, referencing Wealthsimple’s sale of its advisory service in 2020.
See: Wealthsimple adds crypto portfolios to group-retirement plans
In contrast to its market scale-back, Wealthsimple has been aggressive in expanding its product offerings, adding savings and spending, cryptocurrency asset purchasing and spending, as well as peer-to-peer payments. In June, Katchen also told BetaKit that the company is exploring credit and insurance offerings.
Still, at that time, the CEO noted “our ambitions remain beyond Canada, and certainly we’re excited about other markets in time.”
The phrasing closely mirrors that of Murphree, which indicates Wealthsimple might not remain Canada-only forever.
Before new markets might come an IPO. In 2019, Katchen told BetaKit that Wealthsimple had set a target of $20 billion in assets under administration (AUA) before considering an initial public offering. According to the company, Wealthsimple currently sits at $15 billion in AUA, with over 2.5 million clients and tax filers across its Invest, Trade, Crypto, Tax, and Cash services; that’s three-quarters of the way to the finish line and a significant number of customers.
At the start of the decade, the standard FinTech approach to growth was to own one segment of the local financial value chain and scale to own it globally. Such global ambitions have mostly been dashed by a highly-regulated space where regulations differ per market, limiting the traditional scaling benefits of technology businesses (see Revolut’s on and off and perhaps on again-relationship with Canada).
See: Rise of the super app
Following this year’s Money 20/20 conference in Las Vegas, the aspiration for FinTechs now seems to be becoming financial services ‘super apps’, adopting the model of Chinese giants like Alipay and WeChat. Both Revolut and PayPal have warmed up to the branding, and with some analysts skeptical that local wedge-product incumbents have what it take to compete globally with the likes of Apple and Amazon, the proposition of using regulatory hurdles as a walled garden to becoming a national FinTech super app seems quite appealing.
Continue to the full article --> here
The Armchair Trader | | Dec 6, 2021
Low cost investment app Wealthsimple announces exit from UK market
Investment app Wealthsimple has announced it is closing down its UK operations and transferring its existing clients over to rival service Moneyfarm. The Canadian-based investment service said it would instead be refocusing efforts on its Canadian clients.
Wealthsimple had been active in the UK offering low cost investment services for almost five years. The company said it had contacted all its UK customers today about the transfer to Moneyfarm. Eligible assets will be transferred over in cash and will be reinvested in Moneyfarm portfolios based on the client’s investment goals.
Too many investment apps in the UK?
The decision by Wealthsimple to pack its bags is being seen by some experts as evidence that the low cost money app game is getting a little overcrowded. Further withdrawals and collapses are anticipated next year, including some M&A activity. There just seem to be too many so-called robo-advisers operating in the UK market, and margins are very thin indeed.
See: How Do Canadian Discount Brokers Compare With Robinhood?
“The difference between setting up an app-based investment service and full financial advice couldn’t be larger and the general public is clearly waking up to this,” said Adam Walkom, co-founder of IFA Permanent Wealth Partners in London. “Finance can be scary and intimidating and people can and will make mistakes. That’s unfortunate but there is no substitute for a real person to talk through your situation and help you. Yes, of course it costs more, but what price do you put on peace of mind and long-term wealth building?”
The apps have succeeded in assisting many first time investors into the market in a cost-effective way, including helping them to benefit from the massive rally in stocks last year. But now it does look as if the UK market has become too crowded. Some pundits are wondering this morning whether Wealthsimple was getting distracted by the Canadian market.
Continue to the full article --> here
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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UK Law Commission confirms Smart contracts are legally sound
The existing law of England and Wales is able to accommodate and apply to self-executing 'smart' legal contracts without the need for statutory law reform, the Law Commission reports today. In a conclusion likely to be welcomed by the government, it suggests that 'an incremental development of the common law is all that is required to facilitate the use of smart legal contracts within the existing legal framework'.
A smart legal contract is a legally binding contract in which some or all of the contractual obligations are defined in and/or performed automatically by a computer program. They are usually secured by blockchain encryption.
The commission’s findings generally echo the conclusions reached by the UK Jurisdiction Taskforce, chaired by the master of the rolls.
See: Will the Law Keep Up with Smart Contracts in 2021?
In its report, the commission encourages the market to anticipate and cater for potential uncertainties in the legal treatment of smart legal contracts by encouraging parties to include express terms aimed at addressing them. Examples of such provisions include clauses allocating risk in relation to the performance of the code, and setting out clearly the relationship between any natural language and coded components.
Professor Sarah Green, Law Commissioner for the commercial and common law team, said: 'Smart legal contracts could revolutionise the way we do business, particularly by increasing efficiency and transparency in transactions.
'We have concluded that the current legal framework is clearly able to facilitate and support the use of smart legal contracts; an important step in ensuring increased recognition and facilitation of these agreements.
Continue to the full article --> here
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Canadien blooming. The fertile “Valley” for finance innovation FLOW: OB, CAN Trends, Beyond OB: BaaS + Embedded Finance, tunl
Finconecta | Betty DeVita | Dec 3, 2021
The Open Banking model marks a global evolution (although some experts talk about a “revolution”) in the financial market. Motivated by the increased
need to respond to customer demands, compete with new financial players and meet regulation requirements, banks are adopting API-based business models. Open Banking emerges in the financial industry as a new model of collaboration with third-party providers. By working in partnership with fintech banks, they are able to expand customer reach, accelerate the adoption of new technologies, and create new revenue streams. The underlying mindset is the realization that complex problems that demand immediate resolution, need a strategy that taps into “the wisdom of the many”, rather than siloed proprietary solutions.
While, in some countries like the US and China, Open Banking is spreading only by market forces, in other geographies the regulatory agenda is playing a central role. In Europe, some Asian and Latin American regulators, often driven by financial inclusion mandates, are promoting the shift to open ecosystems by launching directives like the well-known PSD2 in Europe and the Open Banking Standard in the UK.
See:
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Privacy Implications of an Open Banking System in Canada
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Canada’s Library of Parliament Report: A Comparison of Open Banking Recommendations
Taking into account these regulatory successful practices, the government of Canada appointed an Advisory Committee (AC) in 2018 for the design and implementation of the Open Banking framework. As a first phase, the AC started with consultations with stakeholders across Canada. Based on its findings, in spring 2020 the committee started the second phase, providing advice on potential solutions and standards focusing on data.
Bringing together the government and the private industry, Canada is aiming to embrace a hybrid, made-in-Canada strategy. The scope is ambitious as all federally regulated banks will be required to participate while others regulated banks could join on a voluntary basis. Despite some delays due to the pandemic, the AC plans to have the Open Banking regime operational by January 2023.
Canada's Open Banking Phased Implementation Plan
Live Date January 2023
While the regulation is cautiously but steadily progressing in Canada, leading banks are already partnering with FinTechs using APIs to deliver new digital products. Even later adopters are exploring new technologies as COVID-19 forced them to respond, adapt and innovate. As far as fintechs are concerned, they have gained attention by proving to be the solution to navigate the crisis.
According to Accenture, Fintech Report 2020, the Canadian FinTech industry is booming with 700 FinTechs and hundreds of nascent startups. Registering record levels of investment, venture capitalists remain optimistic despite COVID-19 uncertainty. The potential of the Canadian ecosystem is massive, especially when
considering the proactive approach taken by an efficient public sector. That explains the surge of many Canadian unicorns, like Clearco, a lending platform, Coveo an AI platform and Wealthsimple, an online investment manager, to name a few.
See: Betakit podcast with Senator Deacon on Open Banking and Competition
Going beyond the Open Banking model, the Canadian financial sector is also benefiting by innovative collaborative structures like Banking-as-a-Service and Embedded Finance. As an example we have Hopper, the travel mobile-only app that uses predictive analytics to make travel recommendations. This Canadian unicorn, recently awarded as the Best Travel App, provides information about best deals on flight and hotels, sends push notifications to their users when best prices are available, suggests new destinations based on your search and most importantly allows the payment for all travel services through one single interface.
Open Banking can and should be a journey towards digital innovation. As FinConecta’s Chief Business Officer Betty deVita remarks: “Infrastructure is sexy” (and now it is trendy!) . There has never been a better time for enabling new business models. In March 2021 Amazon Web Services (AWS) and FinConecta launched Open Finance, a leading-edge platform based on FinConecta’s technology, that expands the boundaries of Open Banking to the next level”, deVita adds. “And now we landed in Canada, as the engine behind tunl., an API platform that brings together Financial Institutions and Fintechs” (To learn more about Ficanex and FinConecta’s joint launch of tunl 2.0) Banking-as-Service goes beyond the data sharing contemplated in Open Banking, including products that are embedded into the financial institution's own core, such as infrastructure, data and banking licenses on a white-labeled basis.
The future is open and Canada is ramping up. We anticipate dramatic changes in 2021 pushed by the FinTech sector growth and the regulatory framework. If financial institutions were contemplating digital transformation as a “nice to have”, now is a must-have shift.
See: Reflections on Canada’s open banking report
Bottom line is, great things are to come in Canada. A flurry of fintech activity is gaining traction, bolstering the ecosystem.This API economy opens new horizons for all types of institutions, by enabling collaboration and the co-creation of new solutions leveraging what others have available, in a robust, interconnected and integrated roadmap.
As the old adage says: “If it’s not here, where; if it's not me, who; if it’s not now, when.”
Authored by:
Betty DeVita, CBO, FinConecta
Betty is a global digital transformation executive with expertise in consumer financial services/payments. Her focus is on early-stage and emerging companies driving value creation, partnerships and the path to global scaling. She most recently served as Chief Commercial Officer of Digital Payments & Labs at MasterCard. She also served as President at MasterCard Canada. Prior to that she was with Citi in Latam, the US and Asia in their consumer franchise and left Citi as Chair/CEO for Citibank Canada Inc.Betty sits on the board of Molson Coors Brewing Company (NYSE: TAP), where she sits on the audit committee. She holds a Bachelor of Science from St John’s University, a CEO Certificate from the WhartonKMA in South Korea and is a certified director from the Institute of Corporate Directors, University of Toronto
This article is featured in NCFA's digital magazine, Fintech Confidential (Issue 4 Oct 2021). Click to read the latest thought leadership, insights and trends about Fintech in Canada:
Checkout NCFA's digital magazine, Fintech Confidential (Issue 4) --> here
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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$100M Crowdfunding Deal: Republic acquires the UK’s Seedrs for European expansion
Yahoo | | Dec 1, 2021
UK equity crowdfunding business Seedrs - who’s merger with rival Crowdcube was earlier blocked by competition regulators - has been acquired by start-up investing platform Republic in a $100m deal.The move comes after Seedrs criticised the the UK’s Competition and Markets Authority earlier this year as stifling the UK’s potential to boost startups.
Seedrs was the first ever regulated equity crowdfunding business in the world and has pushed £1.5bn of investment through the platform during its history, even acting as retail investment platform for digital bank Revolut, now a unicorn. The platform was also the first to introduce a secondary marketplace.
Republic is a leading US fintech company that allows people to invest in private market equity, debt or crypto offerings and has almost one ($1) billion dollars under management through its private asset management practice.
See:
Republic Announces $36M Series A to Democratize Access to Investing for Everyone
UK Competition and Markets Authority Not Inclined to Approve Seedrs-Crowdcube Merger
Prior to this deal, Republic and Seedrs had a longstanding partnership where Seedrs advised Republic’s leadership team.
The acquisition of Seedrs follows Republic's recent $150M Series B financing announcement, led by Valor Equity Partners.
Seedrs Cofounder and now chairman Jeff Lynn will continue in his role at Seedrs, and will shepherd Republic’s European expansion, which will now be in a position to take advantage of new EU legislation that has harmonised crowdfunding rules in the bloc.
Speaking to the FT, Lynn said
the new rules “created a true European harmonised regulatory regime, where none existed before,” adding that “the regulatory fragmentation has made it nearly impossible to build platforms of scale — this [reform] gives platforms access to 27 different countries, all under a single regulatory regime.”
US investment firm Davidson Kempner will buy now take the stakes previously owned Seedrs shareholders, mostly for cash. Seedrs also has almost 5,000 smaller investors, including tennis player Andy Murray.
See: FFCON21: Digitally Connected Retail Investors, Stakeholder Capitalism and IPO Innovations
Republic said it will commit additional capital toward expanding Seedrs in Europe “to help deliver new innovations and products for European investors and private businesses.”
Kendrick Nguyen, Republic’s founder, said:
“We knew international expansion was necessary to achieve cross-bordered participation. In working with Seedrs, we have admired their technological capabilities, the strength of their team and their strong presence in the UK and soon Europe. We anticipate further developing the strengths of both companies from retail, secondaries, crypto, and communities to create a clear industry leader.”
Continue to the full article --> here
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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tbDEX: Square Releases White Paper Detailing Protocol for a Decentralized Bitcoin Exchange
Coindesk | Tanzeel Akhtar, Nelson Wang | | Nov 20, 2021
The white paper from Square’s new TBD division describes a protocol for exchanging digital and other assets in a way that’s more accessible to everyone.
Payments giant Square released a white paper on Friday detailing a new decentralized protocol for exchanging digital and other assets known as tbDEX.
- “The tbDEX protocol facilitates decentralized networks of exchange between assets by providing a framework for establishing social trust, utilizing decentralized identity (DID) and verifiable credentials (VCs) to establish the provenance of identity in the real world,” the company wrote in the paper’s abstract.
- In a post introducing the protocol, a TBD developer wrote that “the tbDEX protocol aims to create ubiquitous and accessible on-ramps and off-ramps that allow the average individual to benefit from crypto innovation.”
- TBD has published the white paper in GitHub so that the community can contribute.
See:
5 guiding principles for decentralized identities
Microsoft's decentralized identity head leaves to join Square
Square CEO Jack Dorsey, who’s also the CEO of Twitter, announced the company’s plan to create an open developer platform for a decentralized bitcoin exchange back in August. He noted that TBD, Square’s new division focused on developing non-custodial and decentralized financial services, would be building the exchange.
Continue to the full article --> here
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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