Karsten Wenzlaff, Advisor
August 26th, 2025
Karsten Wenzlaff is a Crowdfunding and Fintech Expert from Germany. He is Secretary-General of Digit[...]
Category Archives: Leadership, Competition, Human Capital, Health
TikTok Seeks Brazil Fintech Licenses For Payments And Credit
Apr 1, 2026 | NCFA Fintech Market Activity | Embedded Finance Platforms And Partnerships, Payments And Money Movement
131 Million Users For Platform Finance At Social Media Scale
On March 31, 2026, Reuters exclusively reported TikTok's Brazil license applications. The company applied for one license to issue electronic money for prepaid accounts and payments and another to operate as a direct credit company, enabling lending without taking public deposits.
TikTok already has the reach with more than 131 million users in Brazil. Most fintechs spend years trying to build that kind of distribution. TikTok already has it. The harder part is turning that audience reach into payment, wallet use, and trust in a credit product.
Brazil's payment system also gives TikTok a strong foundation to build on. Pix reached nearly 170 million users and BRL 11 trillion in transactions in 2024. The domestic payment rail is already there so the battleground is who controls checkout, the wallet, the customer relationship, and eventually the credit layer inside social commerce.
If TikTok can connect discovery, commerce, payments, and lending into a single flow, it starts to look less like a social app with a wallet and more like a commerce platform with financial rails built in. The upside is clear. Payments can reduce checkout friction. Credit can lift conversion, change seller economics, and pull more transactions into the platform.
See: Is TikTok Going Blockchain? Impact on Creator Economy
The trust question is harder. A social platform can add financial rails faster than a normal fintech can add distribution, but it still has to prove that users, merchants, and regulators trust the same platform to handle money as well as attention. That challenge is real when, especially when platforms can face backlash after changing how users think abut their service scope, data usage or activity will be used, as seen in Bluesky’s data use backlash.
The old approach was to build a financial product and then fight and claw for users. TikTok is trying the reverse. It already has the users. Now it wants the financial plumbing, much like Elon Musk's super app push for X. That in itself makes the licensing outcome worth watching for fintech founders, banks, acquirers, and payment firms already operating in Brazil.
The open question is whether a social platform can turn payments and credit into a real commerce edge without drawing heavier scrutiny as it grows. If it can, Brazil may become a clear example of platform distribution beating out traditional financial distribution.
Talking Point
When a platform already reaches 131 million users, does the edge in finance come from the product itself or from owning the customer before the first payment starts?
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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OpenFX Raises $94M After Reaching $45B Annualized Volume
Apr 1, 2026 | NCFA Fintech Market Activity | Cross Border Payments And FX
API First FX Infrastructure For Large Cross Border Transfers
On March 31, 2026, OpenFX raised $94M to expand across Southeast Asia and Latin America. Two years after launch, the company says it now has 105 employees across four continents, handles more than $45B a year in cross border volume, and has onboarded more than 100 institutional customers.
The operating numbers are hard to ignore. OpenFX says 98% of transactions settle in under 60 minutes. In May 2025 the company said it had already integrated 26 countries and 7 major FX pairs, and that one newly onboarded client reached $100M in transaction volume in 17 days, with all of that settling within 60 minutes.
The product vision is more specific than a generic stablecoin pitch. Founder and CEO Prabhakar Reddy wrote that OpenFX didn't want to be “a crypto company moving Stablecoins,” but “a FX company moving money across the globe.”
OpenFX has built the hardest part of cross border payments first, including liquidity, cost, and settlement mechanics. It's tech stack offers collections, FX, payouts, banking, yield, compliance, and liquidity, delivered through API based infrastructure that runs 24/7.
That focus helps explain the customer base. OpenFX says it serves fintechs, neobanks, remittance providers, and payroll platforms, including MoneyGram, Yellow Card, and alfred. The company also says there's more than $200T in money movement that still relies on slow and fragmented cross border infrastructure.
OpenFX isn't selling speed on its own. Its announcement post argues that legacy cross border payments still hide fees inside exchange rates, trap capital in pre funded accounts, and leave businesses waiting days for settlement. OpenFX says stablecoins let value cross borders in seconds while sender and recipient still use local fiat. That reduces idle capital, compresses settlement time, and gives payment firms a cleaner way to handle large transfers.
See: Bill C-15 Gives Canada A Digital Finance Framework
There is a useful lesson here for founders and investors. OpenFX didn't try to fix every payment problem at once. It picked a part of the market where delay is expensive, built around API access and 24/7 settlement, then pushed that model into live institutional volume. If that keeps working, expect pressure to build around flows based on old economics andslow settlement, trapped liquidity, and wide spreads on large transfers.
Talking Point
If large ticket FX settles in under an hour, which parts of the old cross border fee stack get hardest to defend?
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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Bluesky’s AI Launch Triggers User Backlash Over Data use
Mar 31, 2026 | NCFA Fintech Market Activity | Artificial Intelligence And Data
AI Launch Meets Backlash Over Trust and Data Boundaries
On March 28, 2026, Bluesky introduced Attie in invite only closed beta, it's first agentic social product built on atproto. It's interesting because Bluesky built part of its appeal on taking a more cautious public approach on generative AI and user content than larger platforms.
Attie is a standalone AI assistant for custom feeds and app building. Users can describe what they want in natural language, build their own algorithm, create custom feeds, and over time build social apps on the protocol without needing to code.
In late 2024, Bluesky had already set expectations around how it saw AI and user data. The company said it had “no intention” of training generative AI on user posts.
Then in 2025, the company published a data reuse proposal that would let users set preferences across generative AI, protocol bridging, bulk datasets, and web archiving. That debate got heated because it didn't create a hard block on scraping or data reuse. For many users, it crossed a data use line that Bluesky already said it wouldn't cross. They said they wouldn't train AI on post data but now it was building a system around opt outs and reuse preferences, creating friction with its users.
Rapid Backlash
By March 30, Attie had become one of Bluesky’s most blocked accounts. More than 125,000 users had blocked it within days. Users didn’t wait for a long policy debate. They reacted to what the launch seemed to mean.
Bluesky didn't announce that it would now train generative AI on user posts. But in trust based markets, users don’t separate product utility, data use, and company intent as neatly as product teams do. Once those concerns merge, the launch stops being just a product story. It becomes a consent and brand story too.
See: Monzo Spend Recap Backlash Exposes Trust And Tone Risk
For founders and investors, there's a practical and commercial lesson here. AI features and products are getting easier to ship, but clear boundaries aren’t. In fintech, payments, digital identity, and any other business built on sensitive data, that gap (or buffer) can backlash and get expensive fast.
Key Questions Behind The Launch
What did Bluesky launch?
Bluesky launched Attie as an invite only closed beta app built on atproto. It helps users create custom feeds with natural language prompts and is designed to support broader app building over time.
Why did users push back so quickly?
Because many users already saw Bluesky as more cautious on AI than rival platforms. A branded AI app raised immediate questions about whether that line of mutual trust was starting to change.
Did Bluesky say it will now train AI on user posts?
No verified source tied to this launch shows Bluesky announcing that change. The concern comes from how users connected the launch to earlier debates over AI training and scraping.
See: Y Combinator Reinstates Canada After Policy Backlash
Why does this matter for fintech?
Because the same problem appears in any trust based product. If users are unsure what an AI tool does, what data it uses, or what clear policies the company will not cross, adoption can weaken before the product gets a fair chance.
What makes this commercially important?
This isn't just a social media story. It shows how fast a useful AI feature can become a trust and brand problem. That risk applies to consumer finance, digital identity, payments, and any business built on sensitive data.
Talking Point
As AI tools spread across digital platforms, will users reward the company that ships first, or the one that makes the boundary clear before launch?
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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Xanadu Goes Public and Tests Canada’s Compute Ambition
Mar 31, 2026 | NCFA Insight | Artificial Intelligence And Data
Public Nasdaq Listing Puts Canada Compute Capacity To The Test
A Toronto quantum company reaches public markets, but the real test starts now with capital, manufacturing, and a long road to commercial scale.
On March 26, 2026, Xanadu completed its business combination with Crane Harbor Acquisition Corp. and confirmed that its shares would begin trading on Nasdaq and the Toronto Stock Exchange on March 27 under the ticker XNDU. The listing gives Canada a relatively rare public market deep tech story in advanced computing. It also puts a hard spotlight on a bigger challenge confronting the country.
Can Canada fund and keep the hardware, manufacturing, and technical talent needed to compete in the next compute cycle?
See: Gilles Brassard Turing Award Puts Quantum Security In Focus
Xanadu builds photonic quantum computing technology and argues that photonics offers a more scalable route by operating at room temperature and fitting more naturally into semiconductor and networking supply chains. The listing gives public investors exposure to a Canadian company building core compute infrastructure at a time when the market is paying closer attention to the physical layer behind AI and advanced computing. It's a live test of whether public markets still have room for an ambitious Canadian deep tech company with long build cycles and heavy capital requirements.
Day One Pop But...
Xanadu opened at $10 and closed its first day at $11.50 but the harder question is how much cash the company actually secures for a long commercialization runway. Earlier materials pointed to about $500 million in gross proceeds under a no redemption scenario. By March 19, the company updated that to about $302 million, a figure confirmed again in its March 26 closing release.
It's still meaningful capital, but 40% below below the early figure. Deep tech plays live or die on balance sheet strength, engineering execution, manufacturing progress, and how long they can keep building before commercial revenue catches up.
Canada’s Industrial Policy and Project Optimism
On March 11, Xanadu said it entered negotiations toward up to C$390 million in support from the governments of Canada and Ontario for Project OPTIMISM, a proposed initiative tied to quantum and photonic manufacturing. The company said the buildout could strengthen domestic capacity not only in quantum, but also in telecommunications, sensing, semiconductors, and AI hardware.
Canada often talks about AI leadership, productivity, and economic competitiveness. Those goals depend on more than software. They depend on whether Canada can finance, build, and retain parts of the compute stack itself. Xanadu is now a central entity in the middle of that question.
Public Markets Arrive Years Before Commercial Scale
Xanadu’s own roadmap sets the tone. In its March 4 analyst day presentation, the company targets customer commercialization in 2029 and beyond and outlines a goal of up to 500 logical qubits in 2029. That means public investors get liquidity now while the core commercial outcome still sits years away.
See: Photonic $180M Financing Puts Quantum In Focus in 2026
Investors aren't buying a scaling revenue engine. They are backing a technical architecture, a manufacturing plan, and a long duration commercialization thesis. Public market access gives Xanadu more visibility and more pressure at the same time.
The Risk Profile Is Clear
Xanadu’s transaction materials do not hide the challenge. The company discloses historical net losses, limited operating history, revenue concentration in government or state funded contracts, material weaknesses in internal control over financial reporting, and substantial doubt about its ability to continue as a going concern. Those disclosures do not erase the opportunity, but they do set the terms for how this company should be judged.
The Xanadu listing reaches the market with strong ambition, real technical credibility, and visible policy support. It also reaches the market with the risks that usually come with frontier hardware businesses. Investors now have both sides in front of them.
Beyond Quantum Outlook
That's why this is not just a quantum story, but also a Canadian compute story. If future advantages in AI, cryptography, modelling, secure infrastructure, and advanced enterprise systems depend on access to more specialized hardware, then the financing and ownership of that hardware matters. Xanadu gives Canada a public company tied to that future. The market will now decide how much patience it has for that build cycle.
See: Canada AI Strategy Confronts Capital Flight
The listing also reopens a harder national question. Can Canada create a repeatable route for deep tech companies to reach public markets and keep building here, or will most companies still need to sell early, move abroad, or rely on foreign capital to finish the job. Xanadu doesn't answer that question yet, but it makes it impossible to ignore.
Xanadu’s debut goes well beyond a one day stock pop or standard IPO listing. It comes to market through a SPAC transaction, closes with lower expected gross proceeds than early headline numbers suggested, ties part of its future to government backed manufacturing support, and targets meaningful commercialization years from now. That combination means this is one of the more important Canadian technology listings in years. The bigger issue is whether Canada has the capital depth, policy follow through, and market confidence to support companies building the next layer of compute infrastructure before someone else does.
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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Turning Travel Loyalty Into A Stronger Fintech Channel
Mar 31, 2026 | NCFA Fintech Market Activity | Payments And Money Movement
RBC And HTS Turn Travel Rewards Into Fintech Infrastructure
On March 30, 2026, RBC and HTS launched a long term travel collaboration that brings Hopper Technology Solutions into Avion Rewards. The new booking portal goes live later this year for all Avion Rewards members, including Avion credit cardholders.
RBC is not just adding another travel partner. It's bringing search, booking, pricing, and redemption deeper into its own rewards product. Members will be able to use points across flights, accommodations, car rentals, activities, and packages. The platform also adds price insights built on historical and predictive data. Avion cardholders keep fixed points pricing on any airline, any flight, any time, with no blackout dates or seating restrictions.
That's the fintech angle. Travel stops being only a redemption feature at the end of the card relationship. It becomes part of the card experience itself. The bank gets more control over where travel spend happens, how rewards get used, and what it learns from search, booking, and redemption behaviour.
Avion Rewards already describes itself as Canada’s largest bank owned loyalty program. HTS brings the software behind the experience. Its 2026 travel commerce report draws on $6B in travel sales, 410M reachable cardholders, and 2.2M annual fintech purchases. RBC is adding travel commerce software, pricing intelligence, and a tighter booking flow to a large existing rewards base.
If other banks follow, rewards programs will start competing on more than points. Cardholders may start comparing how easy it is to search, book, and use rewards, not just how many points they earn. Customers stand to benefit if booking gets easier, pricing gets clearer, and redemption works with less friction. Banks benefit if more travel activity stays inside their own platform.
See: How to Build a Travel Fund Without Sacrificing Fun
The booking layer may be just the start. Once search and rewards are part of the same experience, the bank can add instalments, insurance, trip support, and targeted offers at the point of booking. Ultimately, that turns travel rewards into more than a marketing perk. It starts to look like a real financial service channel.
Talking Point
If banks bring booking deeper into rewards, what's more important over time: the points currency, the booking layer, or the customer data that sits between them?
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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Wirex And Crossmint Launch Integrated Stablecoin Card Stack
Mar 30, 2026 | NCFA Fintech Market Activity | Payments And Money Movement
Wallet To Card Infrastructure For Stablecoin Spend
On March 30, 2026, Wirex and Crossmint launched an integrated stablecoin card stack. The product connects stablecoin wallets to card spending in one setup. According to the companies, crypto card volume has grown 106% a year since 2023 and reached an $18B annualized market by late 2025.
The bigger market is still early. Real stablecoin payments ran at about $390B annualized in 2025, or roughly 0.02% of global payments volume. That leaves a lot of room for growth, but it also shows how far the market still has to go before stablecoin spending becomes mainstream.
The main problem isn't demand alone. Stablecoin card programs usually need separate wallet, card, and compliance infrastructure. In earlier work with Wirex, Crossmint said it cut six months of internal development time, opened a path toward support for 20+ networks, and helped support a platform serving more than 7 million customers, processing more than $20B annually across 130 countries.
Daniel Rowlands, General Manager, Onchain Finance at Wirex:
"This is what it looks like when two pieces of infrastructure are built to fit together. Fintechs can now give their users a Wirex debit card funded directly from a Crossmint wallet, and as they grow, the full BaaS stack is there when they need it."
That is the stronger business case behind this launch. Stablecoin balances are getting easier to hold. The harder part is turning them into everyday spend in a product that launches fast, works across markets, and stays compliant. This stack goes after that build problem directly.
See: Stablecoin Payments Have Wings – Are You Ready?
For founders and investors, the commercial question is straightforward. If stablecoin cards keep growing, the advantage may sit less with another wallet feature and more with the firms that can package wallet infrastructure, card issuance, compliance, and distribution into one launch path.
Key Questions Behind The Launch
How big is the real stablecoin payments market?
Most headline stablecoin volume does not reflect real payments. A recent stablecoin payments reality gap analysis shows why the market needs more careful measurement. The best current estimate for actual stablecoin payments is about $390B annualized in 2025.
Why do stablecoin cards matter?
They turn wallet balances into spend at existing merchant acceptance points. That makes cards a clear current solution to go from holding stablecoins to using them in daily payments.
What slows product launches today?
Fintechs often have to assemble the wallet layer, card program, and compliance stack separately. That adds engineering time, raises launch cost, and slows distribution.
See: Quantum Safe Stablecoins Meet Real Time Finance Needs
Why does this launch stand out?
It does not start from zero. Wirex already has user scale and card infrastructure. Crossmint already cut build time in its earlier Wirex integration. That gives the launch a stronger operating base than a typical partnership announcement.
Talking Point
As stablecoin cards grow, which layer gains the stronger position: the wallet, the issuer, or the firm that can package both into one launch stack?
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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Bill C-15 Gives Canada A Digital Finance Framework
Mar 30, 2026 | NCFA Insight | Regulation And Policy
Political Will Is Now Law But Execution Still Decides Who Builds Here
On Mar 26, 2026, Bill C-15 received Royal Assent. The law completes Canada’s consumer-driven banking legislative framework and creates a regulated space for stablecoins. The Department of Finance confirms that directly. The Bank of Canada also confirms it will take on two new mandates, including the supervision of stablecoin issuers and oversight of the framework for consumer-driven banking.
The real change isn't that Canada suddenly discovered digital finance, but rather that political will has now cleared the legislative hurdle.
Canada now has a clearer institutional map for three linked parts of digital finance: payment service providers, stablecoins, and consumer-directed data sharing. Payment supervision was recently already in place under the Retail Payment Activities Act.
That reduces one kind of uncertainty. Companies no longer need to guess whether Canada intends to regulate these areas. The answer is yes. The remaining uncertainty is operational, so how the rules will work, how supervision will be applied, how fast the framework will be implemented, and whether the final design is practical enough for real products and real users.
Execution More Important Than Policy Intent Now
The law is in force, but the working rulebook is still being built. The Bank of Canada will help develop regulations, supervisory policies, and operational frameworks, while engaging industry as the system moves toward implementation.
The core stablecoin model is already visible. Issuers are expected to operate with 1:1 reserves in high quality liquid assets, support at par redemption, and meet ongoing supervisory and disclosure expectations. The remaining uncertainty is how these requirements translate into daily compliance, reporting, and supervision.
See: Canada’s Stablecoin Test Crosses a Real Line
Consumer-driven banking is going forward under a split structure where the Financial Consumer Agency of Canada handles accreditation, participant oversight, and consumer protection, while the Bank of Canada sets and oversees the technical standards that systems will need to meet. The direction is clear, but execution depends on how these layers work together. Companies will need to meet accreditation requirements while building to technical standards at the same time. The risk is not uncertainty about the framework, but having to clear more than one gate before a product can go live.
Lastly, the execution risk is how quickly outstanding detailed rules take to arrive, and how difficult they are to meet in practice. If those answers come slowly, Canada will have a legal framework but real momentum will take a hit. If they come quickly and cleanly, related Canadian fintech models will become easier to build, partner, and price.
Implications For Market Participants
Good for competition and investment. Clearer rules helps more than vague ambition does. Foreign firms, infrastructure providers, and capital partners can assess Canada more easily when they can see which activities are in scope, who supervises them, and what the implementation path looks like. That alone doesn't guarantee a wave of new investment. Market size, compliance cost, tax treatment, and speed of execution still matter. But a clear regulatory perimeter is better than a half-built one.
For fintechs, the upside is clarity. The cost is higher discipline. Stablecoin and consumer-data products will need stronger controls, cleaner records, and more formal partner arrangements earlier in the build process. This helps firms that already build for regulated environments. It slows firms that rely on loose structures or hope to sort out compliance later. The gap between policy design and real payment usage is already visible in stablecoin data showing a payments reality gap, where payment use still lags trading and treasury activity.
For banks and larger financial institutions, the law creates a more defined path to engage with stablecoins and consumer-driven banking under a supervised framework. That helps internal decision-making. It also raises responsibility. Institutions will need stronger oversight of how these products connect to payments, treasury, customer channels, and third-party infrastructure.
For infrastructure and vendor firms, this raises the standard for what counts as a viable solution. Auditability, resilience, data controls, and supervisory readiness become buying criteria, not optional features. Vendors that cannot support regulated deployment will struggle to win larger Canadian mandates.
See: Canada Open Banking Commercialization Roadmap
For Canada’s financial services landscape, the likely effect is a clearer split between firms that can operate under supervision and firms that cannot. That may improve trust and reduce noise. It will also be an advantage for participants that already have stronger governance, legal support, and operational depth.
What Firms Should Watch Now
The priority is to prepare, not wait. Companies should identify where payment stablecoins and consumer-directed data already sit in their products, map the third parties those flows depend on, and test whether those setups can meet supervision. The detailed rules are still coming, but teams that engage early will understand the direction sooner and adjust faster.
Takeaway
For years, progress in stablecoins and consumer-driven banking depended on political will. Bill C-15 clears that hurdle. The framework is now in law.
Canadian digital finance is now onto execution. Regulations, supervisory expectations, and operating standards will decide whether firms can build and scale in Canada without delay. Bill C-15 sets the direction. Execution will decide how much actually gets built.
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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