FFCON21 Breaking Barriers May 11-13, 2021

Category Archives: Venture funding Best Practices

#FFCON21 Brings Canada’s Tech Hub to the Web for 3 Days of Fintech Insights, Business Building

Investor Wire | Jonathan Keim | April 10, 2021

FFCON21 Image 3 - #FFCON21 Brings Canada’s Tech Hub to the Web for 3 Days of Fintech Insights, Business BuildingFFCON21: Breaking Barriers May 11-13

  • The 2021 Fintech & Financing Conference and Expo (#FFCON21) is scheduled May 11-13
  • Global virtual conference streamed from Toronto, the hub of Canada’s developing fintech ecosystem, but presented online due to pandemic concerns
  • 50-plus speakers with expert insights planned
  • Networking opportunities to connect one-to-one with peers and experts
  • Draft pitching competition to gain attention for business brand (as well as prizes)

The 7th Fintech & Financing Conference and Expo will be held for global participants virtually from May 11-13, 2021.  Originating in Toronto, FFCON21 has grown from a basic collaboration between entrepreneurs and big businesses intent on driving change into a thriving gathering of fintech, blockchain, crypto, digital banking, AI, payments, wealthtech, regtech, alternative finance stakeholders and global participants with a love for Canada’s fintech ecosystem.

In its seventh year, the 2021 gathering (#FFCON21) has been adapted to the health security needs of attendees during the present global pandemic, offering exclusive online access to a three-day collection of educational courses, networking opportunities, pitch competitions, e-booth demos and an auction for charity. 

The conference will take place May 11 to 13, still celebrating its place within Canada’s rising fintech and financial sector even as it extends its reach to a global audience through a virtual platform. Tickets, including early bird rates at present and a special startups-only package, are available at https://ibn.fm/3Ov1h.

Conference organizers anticipate bringing attendees to the table with some 50 speakers ranging from Main Street executives such as the president and CEO of public-private partnership Toronto Finance International to enterprising up-and-comers such as the founder-partner of startup builder Borderless Ventures and its CryptoAssets Institute.

See:  Showcase your products/services: Secure a DEMO Speaker spot at FFCON21: May 11-1

The second annual draft pitching and demo competition follows a sports league model geared toward identifying and featuring emerging and high growth fintech startups and scaleups. The “Breaking Barriers” theme of the conference is particularly appropriate here as draft participants compete for exposure and prizes, including promotion to investors, media, prospective buyers and partners.

The online access format driven by the pandemic proved advantageous last year following a scheduling delay necessary to reimagine the presentation of the spring conference. The digital venue and interactive platform allows for increased participation on a global scale because of the elimination of travel expenses from the plan. Networking and file sharing are able to occur naturally and easily using integrated online text and video chat features.

Additionally, the online platform makes it simple to access all digital content to catch up on anything attendees may have missed at a time when it is more convenient. Networking and e-booth displays present attendees with the potential to make connections with a future business mentor, investor or a prospective employee to help build their companies.

And at the heart of it all is the class schedule with insights from thought leaders on the direction of fintech solutions and emerging fintech trends. Presentations will explore topics that address the latest innovations, emerging industry regulation and the impact of government activity on financial technology markets.

For more information, visit the conference’s web portal at https://fintechandfunding.com.

 


NCFA Jan 2018 resize - #FFCON21 Brings Canada’s Tech Hub to the Web for 3 Days of Fintech Insights, Business Building 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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New head of Communitech leading incubator says ‘no reason why Canada couldn’t be the global hub of innovation’

Financial Post| Bianca Bharti | Apr 5, 2021

Chris albinson and Communitech - New head of Communitech leading incubator says 'no reason why Canada couldn't be the global hub of innovation'There is no reason why Canada couldn't be the global hub of innovation'

Canada needs to foster companies that can compete on a global scale if it wants to build a sustainable technology ecosystem, according to the incoming chief executive of one of the country’s top tech incubators.

Chris Albinson, a Canadian venture capitalist who has spent the better part of two decades in California, was on Monday named the next head of Communitech, the Waterloo-based incubator that has more than 1,600 member companies.

A Kingston, Ont.-native, Albinson helped build the C100 network in Silicon Valley, a who’s who of Canadian technology leaders who came together to encourage collaboration and growth.

“To have a healthy ecosystem, you need big trees,” Albinson said in a recent interview with the Financial Post. “We need more big trees, otherwise, when the storms come through, stuff gets wiped out.”

See:  4 Ways the Startup Landscape Will Shift in 2021

In Canada, that means more companies like Shopify.

Albinson says the time is especially ripe for Canada to establish itself as a formidable player, in part due to the pandemic. Remote work has caused some companies to set up offices outside of cities as talent, once concentrated in urban centres, now flee.

“Everyone assumes that the Valley’s sort of a fixed (hub),” Albinson said, before pointing to Boston, which was considered the centre of innovation in the 1990s before the San Francisco Bay area stole the crown.In order to get there, Albinson says we need to aspire to build globally relevant companies that can sustain long-term growth, something that’s already happening.

“When I talked to Canadian entrepreneurs coast to coast … they want to build the next Shopify,” Albinson said.

People also tend to forget, he said, that a University of Waterloo graduate, Apoorva Mehta, started Instacart.

See:  Magnetic North: How Canada Holds its Own in the Global Race for Innovation Talent

He sees businesses such as Clearbanc, a company that helps finance entrepreneurs, and ApplyBoard, a company that helps foreigners apply to Canadian universities, as signs that Canada’s tech space is ready to explode.

It’s doubly helpful that the ecosystem up north is more inviting than stateside because Canada has a better immigration system, there is access to global markets and capital and we’re leading in artificial intelligence, robotics and machine learning, Albinson said.

Continue to the full article --> here

 


NCFA Jan 2018 resize - New head of Communitech leading incubator says 'no reason why Canada couldn't be the global hub of innovation' 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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MazumaGo raises seed capital and is listed as “Emerging Rocket”

MazumaGo | Miri Radar | Apr 1, 2021

ready rocket - MazumaGo raises seed capital and is listed as “Emerging Rocket”

Fintech start-up MazumaGo kicked off 2021 by closing its seed funding round. The Victoria-based company raised over $800,000 led by Angel Investment Fund eFund. The round also included notable investments from Mother Trucker Capital (Hyperwallet) and Ryan Holmes from Hootsuite.

“We initially invested last year and closely worked with the MazumaGo team over the past 12 months and equally important: became active users of the payment platform which really solved a lot of our problems raising capital and distributing gains quickly and efficiently” - Pieter Dorsman, CFO & Director eFund

See:  Fintech Fridays EP46: Making Business Borderless: International Payments and Partnerships

MazumaGo disrupts the Canadian B2B payments sector by giving businesses a simple and secure solution to process payments online without transfer limits. These funds will be used to invest in marketing and sales campaigns and hire additional business development and software staff.

“Over the past year, we added some critical features and improvements to our software that allow us to scale customer acquisition in 2021. This investment helps us drive growth while keeping up a steady level of software development.” - Matthew Smith, Co-Founder & CEO

Emerging Rockets: Companies poised for growth

What’s more, MazumaGo was just named an “Emerging Rocket” on the Ready to Rocket list by Rocket Builders. Ready to Rocket is a unique business recognition list that profiles technology companies with the greatest potential for revenue growth. Each year, based on analysis of trends that will drive growth in the information technology sector, Rocket Builders identifies the top private companies that are best positioned to capitalize on the trends for growth.

The Canadian B2B payments opportunity

MazumaGo is solving a huge pain point for Canadian businesses which are still reliant on manual processes and paper cheques to process high-value payments. While consumers have consistently adopted digital payment methods like Interac eTransfer over the past decade, the business environment is lagging behind drastically.

See:  Digital Payments in America – Scaling the Peak

Indeed, paper cheques remain still the most commonly used payment method for commercial transactions. Transaction limits and percentage charges are barriers of current digital alternatives that hold back businesses from moving away from the cheques.

“Cheque volumes and values continued to decline, while average value of cheques increased; (...) the average value of a corporate cheque increased by about five per cent. Cheques remain an important payment option for large value corporate payments.” - Payments Canada, 2020

Bringing business payments into the 21st century

Smith and Co-Founder Nick Addison (CTO) solved this problem by building a payment processing software that enables businesses to send and receive no-limit payments for a flat fee.  With MazumaGo, they combined the simplicity of an eTransfer with the robustness and security of the banking system.

The company launched in September 2019 under the brand DivDot and rebranded in November 2020 as MazumaGo. Following the tagline, “Make business payments move,”—the company’s vision is to eliminate any reasons why businesses would want to use cheques and to build a simple, secure network for businesses to exchange funds.

Continue to the full article --> here


NCFA Jan 2018 resize - MazumaGo raises seed capital and is listed as “Emerging Rocket” 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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ASC and FCAA adopt new prospectus exemption to support small business capital raising

ASC / FCAA | Denise Weeres | Apr 1, 2021

Raising capital for small businesses - ASC and FCAA adopt new prospectus exemption to support small business capital raisingAs part of our efforts to reduce regulatory burden, optimize securities regulation in an effort to foster capital formation, the ASC and the Financial and Consumer Affairs Authority of Saskatchewan (FCAA) have adopted a new prospectus exemption. CSA Multilateral Notice of Implementation 45-538 Self-Certified Investor Prospectus Exemption is designed to provide greater access to capital for Alberta and Saskatchewan businesses and broaden investment opportunities for investors in both provinces.

The new prospectus exemption permits investors who certify to having certain financial and investment knowledge, and acknowledge that they understand certain investment considerations and risks, to invest alongside accredited investors, with certain restrictions.

This is the third initiative the ASC has undertaken recently to support small businesses in their capital raising efforts, while still prioritizing the protection of investors. The other two were published for comment last week.

The first, ASC Proposed Blanket Order 31-536 Alberta Small Business Finder’s Exemption, is a proposed new registration exemption for finders to help start-ups and small businesses that have not raised in aggregate more than $5 million under available prospectus exemptions.

The second, CSA Multilateral Notice and Request for Comment 45-539 Proposed Prospectus Exemption for Small Business Financing is designed to provide greater access to capital by start-ups and other small businesses in Alberta and Saskatchewan and broaden investment opportunities for investors.

Later in April the ASC will be hosting a webinar to discuss these initiatives and to encourage feedback on the two proposed exemptions. More information will be shared about this webinar once it is available.

See: 

ASC Updates Raising Capital for Small Businesses Resource: Fostering Alberta’s New Economy

ASC adopts Start-up Crowdfunding Blanket Order

Sep 22, 2019: NCFA Response to ASC Consultation Paper 11-701: Energizing Alberta’s Capital Market

 


NCFA Jan 2018 resize - ASC and FCAA adopt new prospectus exemption to support small business capital raising 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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Republic Announces $36M Series A to Democratize Access to Investing for Everyone

Republic | Business Wire | March 17, 2021

republic investing in startups - Republic Announces $36M Series A to Democratize Access to Investing for Everyone

NEW YORK--(BUSINESS WIRE)--Republic, a leading investment platform, announced today it has completed the initial closing of its $36M Series A fundraising. The round was led by Galaxy Interactive with participation by Tribe Capital, Motley Fool Ventures, and Broadhaven Ventures. In addition, Prosus Ventures (formerly Naspers Ventures) made a strategic investment in Republic through a purchase of Republic Notes, a novel digital security. Founded in 2016, Republic and its subsidiaries have raised more than $70 million to fund their ventures.

Republic was founded on the principle that sought-after investment opportunities should not be limited to small, closed networks of investors, and that people should be able to invest in the future they believe in. On the Republic platform, anyone can invest across startups, real estate, crypto, gaming, and small businesses. Republic has over 1 million members, who to date have invested more than $300 million in offerings under Regulation Crowdfunding (Reg CF), Reg A and Reg D. Republic provides curated deals for investors of all experience levels and interests, while empowering founders with access to a diverse and engaged investor base.

See:  Early-stage Investing – The Public gets a Seat at the Table

Republic is a leader in facilitating crowdfunding campaigns for startups and SMBs raising under Reg CF, which allows non-accredited investors to participate in private funding rounds. Earlier this week, the SEC raised the cap for how much can be raised through Reg CF from $1.07 million to $5 million per annual period, enabling founders to raise up to 5x more capital through crowdfunding, while unlocking unprecedented access to deal flow for Republic’s investor community. Republic quickly became the first investment platform to facilitate a $5m Reg CF offering under the new rules. In addition to serving retail investors, Republic recently launched Republic Deal Room, offering investment opportunities for institutional and accredited investors.

One of the first mainstream fintech firms to embrace cryptocurrencies, Republic created the Republic Note, a profit-sharing digital security meant to align the incentives of the community with activity on the Republic platform. Prosus Ventures —the venture arm of Prosus, one of the world’s largest technology investors— is backing the Republic Note, which represents Prosus Ventures’ first-ever crypto digital asset investment.

“Prosus Ventures has a strong history of being an early investor in businesses that target big societal challenges, and Republic has created a platform that has the potential to break down the systemic barriers that exist in the funding process,” said Banafsheh Fathieh, Head of Americas Investments at Prosus Ventures. “Republic’s continued growth will enable more entrepreneurs from underrepresented groups to raise funds beyond the usual gatekeepers, and investors will be able to help businesses they are passionate about when they need it most.”

“We are at the early stages of a multi-decade super-cycle of retail empowerment. Republic is at the forefront of this trend, and there is no team that better understands the intricate web of consumer tech, finance, and regulation needed to bring real innovation to the private investment space. We are thrilled to partner with Ken and team, and look forward to the amazing opportunities they will enable in the years to come,” added Richard Kim, partner at Galaxy Interactive, Republic’s lead investor.

See:  Retail investors are becoming more than shareholders

Kristine Harjes, Investment Officer at Motley Fool Ventures, also offered her perspective on the investment, “The Motley Fool has long championed the individual investor, and we feel deeply aligned with Republic’s mission to increase access to once-exclusive private investment opportunities. Motley Fool Ventures is thrilled to support Republic’s efforts to revolutionize the alternative investment landscape through its best-in-class technology and community.”

Republic has recently expanded its reach into new markets through strategic acquisitions, including Fig, a leading video game publisher backed by Spark Capital and Greycroft, Compound, a real estate investment platform backed by NEA, and NextSeed, a crowdfunding platform for local businesses. Earlier this month, Republic announced that it is expanding its crypto offerings and will be hosting digital asset sales on the platform, allowing blockchain projects to sell native digital assets to both U.S. and non-U.S. participants.

Republic CEO Kendrick Nguyen has played a key role in creating more equitable funding and investment opportunities for founders and retail investors alike.

“We have entered a new era of investing, one in which all stakeholders of a business can become shareholders. The support of marquee institutional investors in Republic’s funding round is indicative of the vast potential of our mission: to enable investors everywhere to align their passion with profit,” states Nguyen, who penned a personal letter for the Republic blog about what the future holds for Republic. With this new round of investment, Republic will continue to work towards its mission of democratizing access to investing and giving people the power to invest in the future they believe in.

About Republic

Republic is a leading investment platform that provides access to startup, real estate, crypto, and gaming investments for both retail and accredited investors. Republic has facilitated over $300 million in investments by our global community of over one million members. For more information, visit www.republic.co.

 


NCFA Jan 2018 resize - Republic Announces $36M Series A to Democratize Access to Investing for Everyone 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 Competition and Markets Authority Not Inclined to Approve Seedrs-Crowdcube Merger

Crowdfund Insider | | Mar 24, 2021

CMA disallows merger - UK Competition and Markets Authority Not Inclined to Approve Seedrs-Crowdcube MergerThe UK Competition and Markets Authority (CMA) has announced its provisional finding indicating it is not inclined to approve the merger between Seedrs and Crowdcube. In its decision, the CMA said the combined company would control at least 90% of the UK crowdfunding market thus incurring competition concerns. The CMA has now launched a consultation on these provisional findings and views are being accepted until April 14, 2021.

Seedrs and Crowdcube have dominated the equity crowdfunding market for the past few years emerging as an important path for early-stage firms to raise growth capital from a wider audience of investors.

As part of the CMA’s Phase 2 investigation, the entity found that Crowdcube and Seedrs compete closely against each other to win the business of SMEs with a significant number of businesses viewing equity crowdfunding as their only way to secure financial backing.

See:  UK Equity Crowdfunding platforms Crowdcube and Seedrs to merge

The CMA is of the opinion that a deal between the two investment platforms could result in UK SMEs and investors seeing higher fees and less innovation. The CMA said its initial view is that blocking the merger may be the only way of addressing these competition concerns.

Kirstin Baker, Chair of the CMA inquiry group, issued the following statement:

“Investment in small and growing businesses is vital to the UK economy as we emerge from the coronavirus pandemic, and we have given this deal careful consideration. These are the two largest equity crowdfunding platforms in the UK, with at least a 90% share of the market between them and we see them competing closely on price and innovation. This means the merger could lead to less choice and higher fees for SMEs and investors. We have therefore reached the view that blocking this merger is likely to be the best way to maintain competition. The decision to block any deal is not taken lightly and is only made if there is a real risk of customers losing out.”

In the summary of CMA findings, the government said they have considered a “wide range of evidence including: market share estimates; data from the Parties on lost business opportunities; the Parties’ internal documents; questionnaire evidence from customers of the Parties (both SMEs and investors) as well as from competitors and other providers of equity finance supplemented with calls with customers and competitors; and information in relation to the appropriate counterfactual.”

See:  How I Raised $1 Million in 30 Days with Equity Crowdfunding

Earlier this year, Seedrs and Crowdcube submitted documents to the CMA arguing that, in fact, the two platforms compete with a far wider group of entities seeking to provide capital to early-stage ventures. The two crowdfunding platforms posited that competition exists from traditional venture capital firms, angel investors, funds as well as other online capital platforms.

In the UK, data from independent research group Beauhurst indicates that crowdfunding, largely by Crowdcube and Seedrs, is second to private-equity and venture funding in the UK. In fact, during 2020 839 deals were completed by VC/PE while 424 deals were “backed by the crowd.” Business angels, angel networks, and corporates follow both VC/PE and crowdfunding.

Both Seedrs and Crowdcube worried that if the merger was not allowed to move forward there was a significant risk of a platform ceasing operations. Neither crowdfunding platform has turned the corner to profitability since inception. Both crowdfunding platforms are looking to benefit from recently announced pan-European securities crowdfunding rules. Currently, Seedrs and Crowdcube do operate in the European Union where multiple platforms are looking to compete across all member states under the new securities law where issuers may raise up to €5 million across all member states.

The CMA provisionally concluded that the relevant market is equity crowdfunding for SMEs and investors in the UK and not continental Europe.

See:  NCFA Response to CSA on NI 45-110 Harmonized Securities Crowdfunding Rules

Soon after the CMA’s provisional decision was announced, Jeff Kelisky, the CEO of Seedrs as well as the anticipated CEO of the hope-for combined entity, issued a statement. Kelisky said they are deeply disappointed with the findings:

“…we firmly disagree with the CMA’s view that this would be an anti-competitive transaction. We believe strongly and unreservedly that this merger would have a highly positive outcome for British small businesses, helping to provide vital funding for thousands of ambitious companies in the future. We are evaluating the CMA’s findings and considering our next steps. However, as we consider a possible future as a standalone business, we are pleased to be able to say that we are in the strongest position we have ever found ourselves. In Q1 2021 we have delivered over 100% year-on-year revenue growth against Q1 2020 (which was itself a very strong quarter), and our pipeline for Q2 is already forecast to beat our ambitious targets.”

Continue to the full article --> here


NCFA Jan 2018 resize - UK Competition and Markets Authority Not Inclined to Approve Seedrs-Crowdcube Merger 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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Accenture Report (Mar 2021): Collaborating to win in Canada’s fintech ecosystem

Accenture | Vikas Shreedhar | Mar 15, 2021

Canadian fintechs deals across sector - Accenture Report (Mar 2021):  Collaborating to win in Canada’s fintech ecosystem

The Canadian fintech ecosystem

Despite the challenges brought about by the global pandemic, 2020 remained an exciting year for Canadian fintech. New partnerships were forged while international recognition continued to rise. Although investment slowed relative to 2019’s record highs, venture capitalists remain optimistic about future industry prospects, particularly given the country’s strong talent base and cross-border appeal.

See: 

The Greater Toronto area continued to lead other Canadian hubs in terms of 2020 fintech deal and dollar volume, with hubs such as Montreal and Calgary accelerating their growth as well. Incumbents and startups alike found innovative ways to use their platforms to assist clients and the public at large during the pandemic as digital adoption among Canadians grew. As leading fintech hubs around the world roll out their innovation frameworks, Canadian policymakers and industry players continue to discuss a prudent and appropriate path forward.

Global fintech ecosystem benchmarking

Among 20 international fintech hubs examined, Canadian cities ranked amongst the fastest growing in the world in terms of investment. Our global benchmarking study found that Canadian hubs are also leaders when it comes to the primordial elements necessary to grow and sustain a successful innovation ecosystem, such as accommodative government business policies and strong talent.

Key themes for future ecosystem growth

  1. Coming Together to Win: working together at the intersection of respective strengths, developing shared standards, and investing in talent.
  2. Advancing the Innovation Agenda: investing in programs to encourage the growth and commercialization of Canadian innovation, while reducing and streamlining potential barriers.
  3. Striving for Global Ambitions: capitalizing on increasing global interest in Canadian fintech, and approaching the future with a “borderless” mentality.

Continue to the full article --> here

Download the 27 page PDF report --> here


NCFA Jan 2018 resize - Accenture Report (Mar 2021):  Collaborating to win in Canada’s fintech ecosystem 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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