Karsten Wenzlaff, Advisor
August 26th, 2025
Karsten Wenzlaff is a Crowdfunding and Fintech Expert from Germany. He is Secretary-General of Digit[...]
Category Archives: Fundraising, Investing, Trading
TradingView and MetaTrader4: Recipe for Success?
July 2, 2025
The Canadian retail trading ecosystem has witnessed incredible growth in the last decade, but there’s still time for you to make your mark in the highly competitive and cut-throat space. There are lots of strategies, but the one you choose should be built on a foundation featuring TradingView and MetaTrader. Here are a handful of exciting features that will help you stand out as a Canadian retail trader. Are you ready? Let’s take a deep dive into features you can use to ensure success.
TradingView
If you’re not using TradingView, you’re doing your investment dreams a disservice because this platform operates as a one-stop shop for everything you need to start and succeed as a retail assets trader. Every trader, from retailers investing $100 to whales investing more than $5 million, trusts and uses this forex trading app. Here are a few amazing features.
Advanced Charting
Charts are an essential lifeline to traders because they help you visualize things in ways you never thought possible. Use the right charts long enough and you’ll begin to think in charts and visualize things in graphs, bars, and pies. Few trading resources offer better charting support and infrastructure than TradingView. You’re getting access to the best-created, most relevant data in a way that makes sense to everyone from new investors to veteran traders. You’re on your way to succeeding as a Canadian CFD investor when you have the most up-to-date and best0visualized data sets in the world thanks to Advanced Charting features on TradingView.
Social Community
Growing as an assets trader is great, but imagine how much better it would be to go through your journey with thousands of like-minded people who are experiencing similar things. The social networking features available on TradingView expose you to a new world of possibilities. Social communities are often compromised by people who try to push fraudulent products, services, or events, which is why the community management processes on these platforms are always on point. Community managers are always on duty to ensure conversations are on point and mutual respect is adhered to.
Multi-device accessibility (web-based)
New traders may be surprised to learn that multi-device functionality wasn’t a thing until recently. In the past, the user experiences of PC users and mobile users were very different; it felt like using two completely different products. TradingView was one of the first investment products that put in the effort to make experiences across different platforms similar and comparable.
MetaTrader 4
Whether you’re a newbie or you’ve been trading online since the advent of the internet, MetaTrader is an inescapable brand, and odds are you’ve come across this exciting service. Here are three reasons why this service continues to grow and endure over years and “investment generations.”
Automation (Expert Advisors)
The power of automation cannot be overstated when trading with platforms like MT4. Imagine being able to set parameters, kickstart trades, and go about your day. The most amazing thing about such a platform is that it works to accommodate your life and schedule. If you’re a retail trader who’s yet to embrace the power of automating your trades, you’re missing out on numerous positive experiences, not to mention advice from expert human advisors and specialized bots on how to approach certain trades. MT4 wins when you do, which is why the platform is committed to helping you overcome bottlenecks.
Customization
Trading on your terms is something many people never thought about until MetaTrader helped make it the norm in the industry. There are hundreds (sometimes thousands) of different analytics tools to choose from; you can pick and choose between them as you wish. The only thing stopping you is the size of your screen and the limits of your imagination. Customization also covers what you see because it’s now possible to change how different features appear on the screen and when you see them. The possibilities are endless.
Broker Integration
Have you ever tried to integrate APis and found that your chosen service doesn’t support your chosen broker? If you’re an MT4 user, you’ll most likely not relate to this statement because few services come close to the quality and volume of broker integration like MetaTrader 4. It doesn’t matter where you live or where you’re trading from, you should be able to work with the broker of your choice.
The Best of Both Worlds
Are you ready to take the trading and investment world by storm? The first step is learning how you can make the most of the features TradingView and MetaTrader 4 have to offer. You might be shocked by what you learn.
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, artificial intelligence, 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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Grayscale ETF Wins SEC Approval for 5 Crypto Assets
Crypto | July 2, 2025
SEC Approves Grayscale ETF With Five Major Crypto Assets, Signalling Broader Regulatory Path for Multi-Asset Funds
On June 27, 2025, the U.S. Securities and Exchange Commission (SEC) officially approved the conversion of Grayscale’s Digital Large Cap Fund (GDLC) into a spot exchange traded fund (ETF). The fund is now listed on NYSE Arca, offering investors access to five major crypto assets in one regulated product. It's the first time that a U.S. spot ETF includes not just Bitcoin and Ethereum but also Solana, XRP and Cardano, establishing a new precedent for how diversified crypto products can be structured and approved under SEC oversight.
What the ETF Holds
The Grayscale Digital Large Cap ETF largely follows the CoinDesk Large Cap Select Index, which rebalances monthly. As of July 1, 2025, the fund holds:
- 80.2% Bitcoin (BTC)
- 10.4% Ethereum (ETH)
- 4.4% XRP
- 3.0% Solana (SOL)
- 1.9% Cardano (ADA)
GDLC now offers direct access to these assets through a public listing.
What Changed
Prior to this approval, GDLC operated as a closed-end trust on OTC markets. It lacked daily liquidity and tradeed at a discount or premium to the fund’s net asset value. The new ETF lets large investors swap crypto directly for shares in the fund, and vice versa, which helps align market prices with the actual value of the crypto held.
See: SEC Advances XRP ETF Review, Investors Await Decision
Grayscale completed the conversion of approx $775 million USD in assets by the SEC’s July 2 compliance deadline, making the ETF now the largest multi-crypto fund of its kind in the United States.
Implications of the SEC's Approval
This is the first time U.S. investors can now access a range of large-cap crypto assets, beyond just Bitcoin and Ethereum, through a regulated spot ETF. It reduces the need to manage separate holdings or rely on offshore exchanges.
Analysts now estimate a 95% likelihood that ETFs for XRP, Solana, and Litecoin will be approved in the U.S. later this year. Major firms including Bitwise and Franklin Templeton have already submitted filings.
This approval reinforces legal and regulatory precedent and build's on Grayscale’s 2023 legal victory, which challenged the agency’s rejection of a Bitcoin ETF. That ruling continues to impact how the SEC responds to ETF applications. It also highlights the SEC's evolving policy on crypto including assets that were previously under regulatory scrutiny such as XRP. The SEC is now clearly willing to consider broader crypto exposure in compliant funds, even while legal classification questions remain up in the air.
See: SEC Clears Crypto Staking. What It Means for Canada
The door to broader index-based crypto products is likely to follow, such as new ETFs tied to crypto indices, sector themes, and/or platform categories. See NCFA’s article on the crypto ETF battle intensifying with XRP, Solana, and Dogecoin.
Canadian Lens
Canada continues to lead with crypto ETF adoption. The Purpose XRP ETF launched on the TSX on June 18, 2025, while Canadian investors already have access to ETFs for Bitcoin, Ethereum, and Solana. See also NCFA’s report on Canada’s first Solana spot ETF with staking.
For Canadian fintechs and investors, growing alignment in North American regulation signals an opportunity to expand services built around compliant digital asset products. As U.S. markets open up to a wider mix of crypto ETFs, Canadian firms offering custody, compliance, or portfolio tools will be well positioned to support cross-border demand and deepen product 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, artificial intelligence, 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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Canadian Clio Acquires American vLex for US$1B
Acquisition | June 30, 2025
Image: Freepik AI
Clio to Buy vLex in One of the Largest Legaltech Deals Ever
On June 30, 2025, Burnaby-based Canadian legaltech firm Clio announced that it entered into a definitive agreement to acquire U.S. firm vLex for $1 billion USD in cash and stock. This is the largest acquisition in Clio's history and one of the most significant software deals ever led by a Canadian company. The deal merges Clio's legal operating system with vLex's AI-powered research platform to create a unified and intelligent legal system.
See: Canuck Startups Cohere and Clio Secure Major Funding Rounds
The combined platform currently serves over 200,000 legal professionals and includes vLex’s multilingual legal database and its AI engine Vincent, already trusted by law firms, courts, and legal associations in more than 110 countries.
The deal is expected to close later in 2025, pending regulatory approvals. Clio was advised by Goldman Sachs, with legal support from Osler, Hoskin & Harcourt LLP, Wilson Sonsini, and Gowling WLG. vLex was advised by J.P. Morgan, with legal counsel from A&O Shearman and Uría Menéndez. See the vLex announcement
Combining Legal Research and Practice with AI
Clio’s system simplifies firm operations while vLex’s technology provides legal insight across jurisdictions. Together, imagine a legaltech platform that combines task management, research, drafting, and smart analysis all in one place. By uniting all of these functions, the platform can support small firm use cases all the way to enterprise workflows in a single system.
See: Calgary’s Modular Raises Key Insurtech Funding Round
Jack Newton, CEO and founder of Clio, said this is the beginning of a new era for the company and the legal profession. It didn't happen overnight. For seventeen years Clio has built tools to help law firms run efficiently. Now, jointed with vLex, it can add intelligence that understands legal content. Newton explained this further in a conversation with LawNext.
What the Deal Says About Legal AI and Canada’s Role
The times are changing in legaltech. According to the Q2 2025 Emerging Tech SaaS Report from PitchBook (subscription required), vertical SaaS acquisitions have increased by over 40% this year. Companies are integrating domain specific AI into platforms that combine workflow with insight. Clio and vLex are now a clear example of that trend.
vLex’s Vincent AI is capable of analyzing legal documents, audio, and video, and it can also support legal theory testing and custom workflows. These capabilities are essential for trusted, high value use cases in regulated environments, and they are creating an entirely new category of intelligent legal infrastructure.
Why This Merger Matters for Investors and Policymakers
vLex is backed by Oakley Capital, a UK based private equity firm. Clio's deal is Oakley’s third major legaltech exit in the past two years, pointing to the growing maturity of legal intelligence platforms.
See: Botpress Raises $25M USD to AI Agent Infrastructure
Canadian policymakers should take notice of what's possible when national tech companies are supported in scaling globally. It offers a template for other sectors from finance to insurance to healthcare where regulated services require trusted, explainable AI. The acquisition is showing how these platforms can work in practice across different levels of complexity and jurisdictions.
Outlook
Clio's deal puts a Canadian company in a leading position in global legal AI, and offers a model for how other high trust sectors could follow. That is how intelligent systems based on the knowledge economy, trusted data, and applied AI are likely to impact professional services in the years to come.
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, artificial intelligence, 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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OSFI Drafting New Framework to Regulate Stablecoin Issuers
Crypto Regulation | June 30, 2025
Image: Freepik/rawpixel.com
Federal Regulators Creating Rules for Stablecoins in Canada
On June 26, The Logic and Morningstar reported that Canada’s federal government is drafting a new legislative framework for stablecoin issuers. The Department of Finance is leading the effort, with support from the Office of the Superintendent of Financial Institutions (OSFI) and the Bank of Canada.
See: Key Findings from 2025 Advanced Payments and Fintech Survey
The framework is expected to define which companies can issue stablecoins, what assets they must hold in reserve, and how redemption and consumer protections will work. While OSFI already issued guidelines in early 2025 for how banks and insurers must treat crypto assets like stablecoins on their balance sheets, the new law will apply directly to stablecoin creators for the first time.
Key Takeaways
1. Stablecoin legislation is in active development
On June 26, 2025, OSFI Superintendent Peter Routledge confirmed that the Department of Finance is drafting stablecoin legislation.
Peter Routledge, Superintendent of Financial Institutions via The Logic article:
“We are preparing for the day that there is a legislative framework that gives us the authority to regulate and supervise that particular innovation in a constructive way.”
2. New law will likely include licensing and redemption rules
Although the draft bill hasn't yet been released, Finance Canada has signalled that the framework may include:
- Registration or licensing for Canadian dollar stablecoin issuers
- Reserve asset standards, such as cash or high-quality securities
- Clear redemption terms for holders
- Disclosure and audit requirements
See: U.S. Passes First Stablecoin Law with GENIUS Act
This would align Canada with international approaches, such as the EU’s MiCA regulation and the global Financial Stability Board’s recommendations.
3. QCAD offers an early Canadian example of proactive alignment
QCAD is a Canadian dollar stablecoin backed by reserves held in Canadian financial institutions, issued by Stablecorp. It's governed by a legal trust structure and verified through third-party attestations. On June 16, 2025, Stablecorp filed a preliminary prospectus with the Ontario Securities Commission under the CSA’s interim framework for fiat-referenced crypto assets and per the release, "[QCAD] will bring the first regulated Canadian stablecoin to market", and is a good example of Canadian issuers proactively taking steps to comply with rules the upcoming law may apply.
4. OSFI guidance for banks and insurers is separate but aligned
In February 2025, OSFI released the Capital and Liquidity Treatment of Crypto-asset Exposures for Banks guideline (after holding consultations), which applies only to federally regulated financial institutions. It defines how banks and insurers must treat stablecoins and other crypto assets in terms of capital and liquidity requirements.
See: BIS Stablecoin Warning Meets US Policy Momentum
- OSFI’s guideline classifies stablecoins that meet strict requirements as Group 1b assets
- USDC is currently the only stablecoin OSFI formally recognizes as meeting those criteria
- Other stablecoins like QCAD may qualify later once formally reviewed
5. The new law will fill a regulatory gap for non-bank issuers
While OSFI can guide how stablecoins are handled by banks and insurers, it does not currently have legal authority to supervise stablecoin issuers directly. The new legislative framework is expected to close that gap. This will ensure that any company issuing a Canadian dollar stablecoin is subject to consistent national rules, regardless of whether they are a financial institution or a fintech startup.
Outlook
Stablecoins are gaining traction in Canada and globally, but the companies that issue them operate in a legal grey area. The new federal legislative framework will give regulators the tools to oversee how stablecoins are issued, backed, and redeemed. This will help protect consumers, reduce financial risk, and give fintechs a clear path towards compliance. For stablecoin projects like QCAD, the upcoming rules will provide an opportunity to become fully recognized under Canadian law.
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, artificial intelligence, 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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U.S. Prepares to Count Crypto in Mortgage Rules
Crypto Adoption | June 27, 2025
Image: Freepik/studiogstock
U.S. Housing Agency Tells Lenders to Prepare for Crypto in Mortgage Risk Assessments
For the first time, cryptocurrency is being considered in U.S. mortgage financing. On June 25, 2025, the Federal Housing Finance Agency (FHFA) told Fannie Mae and Freddie Mac to prepare proposals that would let homebuyers include crypto assets when being assessed for their mortgage applications.
In a public post on X, FHFA Director Bill Pulte said this change supports the U.S. goal of becoming a global leader in crypto. The order allows crypto to be included as a financial reserve, meaning lenders could soon treat some digital assets the same way they treat cash or stocks when reviewing mortgage risk. This is not a new rule yet but it's the start of a planning phase where the agencies will write and review draft policies.
See: The Intersection of Fintech and Real Estate: How Innovation is Rebuilding the Foundation of Property Transactions
After significant studying, and in keeping with President Trump’s vision to make the United States the crypto capital of the world, today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage.
SO ORDERED pic.twitter.com/Tg9ReJQXC3
— Pulte (@pulte) June 25, 2025
What It Means for Homebuyers
- Buyers wouldn't have to sell their crypto to meet mortgage reserve requirements, which can help them avoid triggering untimely tax bills
- The assets will count only as financial reserves, not as income
- Only crypto held on regulated U.S. platforms will qualify. Wallets outside those platforms including self-custody will likely not be accepted
- Because prices can move quickly, Fannie and Freddie are expected to apply discounts when valuing these assets, a move known as a "haircut."
Remarkable to see the crypto sentiment change so rapidly in the United States. This latest change reflects the wider effort by U.S. officials to include digital assets in traditional finance. An article in Barron’s noted that reserve rules may apply to bitcoin, ether, and other widely held tokens. The Washington Post also reported concerns about volatility, especially with some tokens rising or falling by 40% or more in a single day.
What This Means for Fintech in Canada
While this directive applies only in the United States, it sends a strong message. If crypto is accepted in mainstream mortgage reviews, financial technology firms in Canada may start building new tools to support similar models. That could include connecting wallets to mortgage applications or building credit models that accept tokenized savings.
See: Halal Mortgage Financier, Manzil, Crosses $50 Million
For Canadian fintechs focused on lending, payments, or digital identity, this is an early signal of significant changes to come. With more Canadians holding crypto, pressure will likely grow for Canadian regulators to respond or risk falling behind global standards. That's what happens when your a country deemed 'fast follower'.
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, artificial intelligence, 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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Botpress Raises $25M USD to AI Agent Infrastructure
AI Agents | June 27, 2025
Image: Freepik/kjpargeter
Botpress Secures USD 25 million to Expand Autonomous Agent Infrastructure
On June 23, 2025, Quebec-based company Botpress CEO Sylvain Perron announced that they raised USD 25 million Series B financing to scale its infrastructure platform for autonomous AI agents. The round was led by OpenOcean, with participation from Decibel and Inovia Capital. The funds will expand Botpress’s global infrastructure, custom inference engine, secure execution systems, and developer tools designed to move agents from early demos into full production.
See: Why No Code AI Agents Matter for Fintech in Canada
Botpress provides a developer-first platform that supports both no-code and full-code agent design. Its open core framework has already powered millions of agent executions in over 190 countries. This latest investment confirms the growing demand for reliable, professional agent tooling as businesses look towards autonomous systems to gain efficiency and competitive edge.
Key Facts of this Financing
- Company: Botpress
- Headquarters: Quebec City and Montreal
- Round: USD 25 million Series B
- Date announced: June 23, 2025
- Lead investor: OpenOcean
- Other investors: Decibel, Inovia Capital
- Funding use: Infrastructure, developer tools, inference engine, platform scaling
- Website: botpress.com
Building the Infrastructure Layer for AI Agents
Botpress is developing, a long term reliable infrastructure layer that operates between large language models (LLMs) and business systems. This is the infrastructure that enables agents to run at scale and across industries, from fintech operations to enterprise customer support.
See: The Agentic Web Begins. Coinbase Launches ‘Base Agent’
The platform includes:
- A fully isolated runtime for each agent
- A custom inference engine that supports reasoning, tool orchestration, and multi-step logic
- A safe execution layer that lets agents generate and run code without compromising systems
- Structured components such as workflows, file systems, and user states
- Full deployment pipelines with version control and observability
Why it Matters for Fintech and Platform Builders
As explained in How real-time agentic AI will boost fintechs, many financial services companies are adopting agents to automate onboarding, compliance, and customer interaction workflows. Botpress helps make these deployments feasible by offering runtime safety, memory, structured outputs, and continuous improvement tooling.
The company is also tackling the challenge of handling complex decisions across systems (reasoning at scale), a concept explored in How PhD-level AI agents will change financial services, where intelligent agents are expected to operate across complex processes with autonomy and accountability.
Its modular architecture complements the trend of more companies using external systems to control and guide what AI agents do like OpenAI’s Operator, discussed in OpenAI to launch Operator to redefine task automation, by offering developers control over how agents interact with APIs, data, and users in real-time.
Outlook
Botpress's funding round means even more capital towards building the AI agent ecosystem. By focusing on infrastructure and developer experience, it is helping bring agents into regulated and critical environments.
See: OpenAI to Launch ‘Operator’ to Redefine Task Automation
For companies investing in AI systems that need to proactively 'act' (autonomously), and not just respond, Botpress capabilities offers a robust foundation for a wide array of solutions to support long term adoption and scale. As more companies adopt real-time agents, Canada's fintech sector has an opportunity to get ahead on infrastructure design and agent deployment.
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, artificial intelligence, 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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Conquest Planning $80M USD to Expand AI Financial Advice
Financial Planning | June 27, 2025
Image: Freepik/Rawpixel.com
Goldman Sachs Leads Funding to Grow Personalized Financial Planning for Families in Canada, the U.S. and U.K.
On June 23, 2025, Winnipeg-based financial technology company, Conquest Planning, announced they had raised $80 million USD ($110 million CAD) Series B financing round led by Growth Equity at Goldman Sachs Alternatives. The round also includes participation from Canapi Ventures, BDC Capital, Citi Ventures, TIAA Ventures, USAA, Portage, and BNY.
Founded in 2018, Conquest provides AI-powered financial planning software used by more than 1,000 organizations across Canada, including RBC, Manulife, Raymond James, and BNY Pershing. The company’s Strategic Advice Manager (SAM) platform has already generated over 1.5 million financial plans.
See: Fintech Trends & Predictions Across Generations in 2025
This new capital injection will fund Conquest’s expansion into the United States and United Kingdom, while accelerating the launch of two product innovations
- SAM Bytes, a new lightweight digital tool designed for self-directed investors
- Advanced estate and legacy planning features for high net worth and multi generational clients
Key Facts About Conquest Planning's Series B
- $80 million USD raised in Series B
- Goldman Sachs Alternatives is the lead investor
- Conquest has powered 1.5 million financial plans
- Platform used by more than 1,000 firms across Canada
- New features include SAM Bytes and estate planning tools
- Expansion now targeting U.S. and U.K. markets
- Backers include Canapi Ventures, Citi Ventures, BDC Capital, TIAA Ventures, USAA, Portage, and BNY
Financial Planning Gaps Affect Families Across Income Levels
This investment comes at a time when personalized financial advice is out of reach for many Canadians. NCFA’s recent review of financial planning gaps based on data from the Financial Conduct Authority unveils several underserved segments, including:
See: The Financial Impact of Post-Secondary Education and Reasons to Plan Early
- Held back by life events such as illness, divorce, or job loss
- Financially stretched, living month to month with limited savings
- Reluctant to engage due to distrust in financial institutions
- Getting by with basic financial stability but little long-term planning
These segments often rely on informal advice, lack access to tailored planning tools, or simply avoid engaging with the financial system altogether. Conquest’s scalable and accessible tools have the potential to close some of these gaps.
The introduction of SAM Bytes aims to bring quality financial planning to families who are not currently served by human advisors. This is especially relevant for households navigating complex financial decisions, such as starting a business or expanding a family.
Outlook
Demand is growing for platforms that provide affordable, real-time, and personalized advice built on real data and delivered in plain language. For NCFA members working on financial inclusion, wealth building, and life stage transitions, Conquest Planning is one to watch.
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, artificial intelligence, 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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