Karsten Wenzlaff, Advisor
August 26th, 2025
Karsten Wenzlaff is a Crowdfunding and Fintech Expert from Germany. He is Secretary-General of Digit[...]
Category Archives: P2P, Lending, Digital Bonds, BNPL, Private Credit
Klarna’s New $7.99 Monthly Subscription Plan Pre-IPO
BNPL | Jan 24, 2024
Image: Unsplash/Christiann Koepke
Klarna Introduces Monthly $7.99 Subscription Plan Ahead of Anticipated IPO
The latest development in the Buy Now, Pay Later (BNPL) sector is the introduction of Klarna's new subscription plan, "Klarna Plus," priced at $7.99 per month. This move comes as Klarna gears up for its anticipated initial public offering (IPO). The Klarna Plus subscription offers several benefits to its users, including no added service fees when using Klarna’s One Time Card, double rewards points, and access to exclusive discounts with popular brands like Nike, COACH, Macy’s, Instacart, and GOAT. The company estimates that loyal Klarna users could save about $12 monthly through this plan.
See: Klarna’s Meteoric Rise in the Canadian Financial Ecosystem
The new subscription model appears to be part of Klarna's strategy to diversify its revenue streams and enhance its appeal to investors ahead of its IPO. By introducing a monthly subscription, Klarna not only aims to lock in its most dedicated users but also to establish more predictable, recurring revenue. This is in contrast to the less predictable nature of one-time transactions which have been typical in the BNPL sector.
Klarna is also planning to launch a high-yield savings account, which may offer higher interest rates for Klarna Plus customers than non-users. This is part of Klarna's broader strategy to expand beyond its traditional BNPL services and offer a wider range of financial products.
This strategic shift by Klarna and others in the BNPL market reflects a growing trend in the fintech industry to create more stable and diverse revenue streams, especially as these companies prepare for public market debuts. Competitors in the BNPL space, like Affirm, are also reportedly considering similar monthly plans, indicating a shift in the industry towards more subscription-based services.
2024 BNPL Trends
There are a lot of BNPL reports in market pointing to continued growth in the sector.
- In the U.S. there were 50 million Americans using BNPL services in 2021. That figure is forecasted to exceed 94 million in 2024.
- BNPL is achieving widespread adoption and quickly becoming a payment option standard with more and more customers expecting BNPL availability from all financial institutions and merchants.
- The BNPL global market will be valued at $309.2 billion in 2023 with a CAGAR of 25.5% until 2026.
Image: Insider Intelligence and Fit Small Business
- Millennials are the greatest users of BNPL services (56%) versus GenZ (49%), GenX (36%), and Boomers (26%). Approximately 40% of Buy Now, Pay Later (BNPL) service users fall within the 25-34 age bracket who earn between $20 - $50k annually.
- A growing number of financial influencers (finfluencers) are endorsing BNPL and providing financial advice to Gen Z on social platforms.
- More TradFi institutions are considering BNPL offerings to appeal to younger customers but they need to implement carefully to avoid credit issues.
- Growing sense that BNPL users could eventually replace traditional credit card use. A recent survey found that people spent nearly $700 more on BPL than credit cards in a 90 day period.
- The sector is likely to see more regulation to protect consumers which may encourage new users like the underbanked to dabble in BNPL.
Image: PYMTS and Fit Small Business
Outlook
The outlook for the Buy Now, Pay Later (BNPL) industry, particularly with Klarna's new initiatives, is one of evolution and expansion. As the sector continues to grow, companies like Klarna are exploring new revenue models, such as subscription services, to stabilize and diversify their income streams. The shift towards subscription models like Klarna Plus could signal a change in how consumers engage with BNPL services, potentially leading to increased loyalty and regular use among a dedicated customer base.
See: Amazon & Affirm’s BNPL Service Aids Small Business Growth
The introduction of additional financial products, like high-yield savings accounts, suggests that BNPL companies are broadening their scope to offer more comprehensive financial services. Overall, the BNPL sector appears poised for significant growth and transformation, driven by consumer demand, technological advancements, and strategic shifts by key players like Klarna.
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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Celsius Creditors to Return Funds Withdrawn Pre-Bankruptcy
Crypto News | Jan 10, 2024
Celsius Asks Creditors to Return Funds Withdrawn Within 90 Days Pre-Bankruptcy
Celsius, a cryptocurrency lending platform, is in the midst of a major financial restructuring following its bankruptcy declaration. The company is now requesting certain creditors who withdrew large sums in the months leading up to the bankruptcy to return a portion of their funds. This move is part of a broader effort to manage the company's financial crisis and ensure equitable treatment of all creditors.
See: CDPQ Posts $33.6 Billion Loss (H1 2022) After Writing Off US$150 Million in Celsius Network
- Celsius is focusing on account holders who withdrew over $100,000 in the 90 days before their bankruptcy declaration on July 13, 2022. These individuals are being asked to return 27.5% of their withdrawn amount.
- Those who fail to comply with the request may face legal action. The initiative aims to recover funds for equitable distribution among all creditors. Compliance with the fund return request makes creditors eligible for future distributions under Celsius's reorganization plan.
- Account holders who withdrew less than $100,000 are not required to return funds but must participate in the voting process regarding the reorganization plan.
- The company, along with its founder and CEO Alex Mashinsky, faces lawsuits from regulatory bodies like the SEC, FTC, and CFTC for allegedly misleading customers. Mashinsky is charged with fraud, and Celsius has agreed to a $4.7 billion settlement with the FTC.
Read: Bank of Canada Publishes Analytical Notes on DeFi
The outcome of this situation could set a precedent for how similar cases are handled in the future, impacting investor confidence and the stability of the cryptocurrency market.
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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Fintech Opportunities as Global Debt Surges
Credit Markets | Dec 21, 2023
Image: IMF and Bloomberg Opinion
The global economy has witnessed a staggering increase in both public and private debt
Bloomberg's "Points of Return" newsletter reports that public debt now accounts for 92% of the world's GDP, a threefold increase since the mid-1970s. Similarly, private debt has surged to 146% of GDP. This unprecedented rise in global debt underscores the need for investors to be vigilant about the potential risks and opportunities in the credit market.
Dimos Andronoudis, a Fathom Consulting economist, reveals through Altman-score analysis that a mere 10% of US-listed companies demonstrate robust financial health, marking an all-time low. The situation appears more dire than during the 2007-09 credit crisis, with an unprecedented 36% of these companies nearing bankruptcy by the last financial year's end.
Shift From Banks to Credit Markets
A shift has occurred from bank-centric lending to a broader reliance on credit markets. This transition offers advantages like improved pricing efficiency and reduced systemic risks. However, it also raises concerns about the quality of lending decisions and the potential for misallocation of credit. Additionally, the prolonged period of low interest rates has facilitated easier debt repayment and more speculative lending practices.
See: SG Launches First Digital Green Bond on Ethereum
There is a notable discrepancy between the caution exercised by bankers, evident in tighter lending standards, and the seemingly less cautious approach of the credit markets. This divergence highlights the importance of a balanced and well-informed investment strategy that considers both market trends and fundamental credit analysis.
Although a crisis akin to 2008 seems unlikely, an increase in defaults appears inevitable, particularly in the context of rising interest rates and the end of a benign credit cycle. Despite the challenges, the current credit market scenario presents unique opportunities for astute investors. The potential for higher interest rates and rising defaults could reveal areas where capital has been inefficiently allocated, thereby opening new avenues for investment. Credit investors who conduct thorough research and analysis may find lucrative opportunities in this environment.
Impact on Fintechs
The surge in global debt, both public and private, opens new avenues for fintech innovation. Fintechs have the opportunity to develop novel solutions for debt management, credit analysis, and risk assessment. By leveraging advanced technologies like AI and machine learning, fintechs can offer more sophisticated tools for both consumers and businesses to manage their debt and credit profiles more effectively.
See: Fintech Fridays EP60: Revolutionizing Small Business Lending and Empowering Entrepreneurs
The transition from traditional bank lending to credit markets can be a double-edged sword for fintechs. On one hand, it creates a competitive landscape where fintechs can offer alternative lending solutions and democratize access to credit. On the other hand, fintechs must ensure they maintain high standards of credit assessment to avoid the pitfalls of poor lending decisions that have plagued traditional markets.
For fintechs in the investment sector, the evolving credit market scenario offers opportunities to create platforms and tools that help investors identify and capitalize on emerging opportunities, especially in the face of higher interest rates and market shifts.
Conclusion
The changes in the global credit market pose both challenges and opportunities for fintechs. By innovating in areas like credit analysis, risk management, and debt restructuring, and by offering new solutions for investment and lending, fintechs will continue to shape the future of finance.
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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Blockchain Private Credit Grew 55% in 2023
Crypto Lending | Dec 20, 2023
Image: Unsplash/Traxer
In 2023, the crypto sector witnessed a remarkable rebound in private credit, with a 55% increase since the start of the year
This resurgence is particularly notable given the backdrop of last year's crypto crisis and the current environment of elevated interest rates. According to Bloomberg News, active private loans via digital ledgers have escalated to about $408 million as of November 28, 2023. This growth, tracked by RWA.xyz (See: Active loans value by procotcol), is significant though it still trails the near $1.5 billion peak of June last year and is a fraction of the traditional $1.6 trillion private credit market.
See: ‘Mugshot Edition’ Trump NFTs Blending Politics, Memorabilia and Digital Assets
Blockchain-based private credit offers lower borrowing costs compared to traditional credit, with some protocols charging less than 10%. This affordability, coupled with increased transparency and efficient liquidation mechanisms, makes blockchain-based credit increasingly attractive.
Industry Perspectives
Traditional private credit has been criticized for its opacity, as noted by Pimco and the European Central Bank. In contrast, blockchain protocols offer more transparency and faster liquidation processes, making them more appealing to borrowers and investors alike.
In the blockchain iteration of private credit, platforms including Centrifuge, Maple Finance, and Goldfinch facilitate the aggregation or provision of investor capital. Commonly, these protocols employ the Ethereum blockchain and stablecoins such as USDC, which are anchored to the US dollar's value. Borrowers then access these funds, adhering to conditions embedded within smart contracts.
See: TransUnion Offers Credit Scores for DeFi Borrowers Utilizing Crypto Assets
These protocols adopt measures like loan structuring or backing loans with tangible assets, enhancing the trust of investors. Data from RWA.xyz shows that consumer, auto, and fintech sectors are leading in blockchain-based private credit utilization, followed by real estate, carbon projects, and crypto trading.
Outlook
The crypto industry still faces challenges, including banking access and the absence of a credit rating system in crypto lending. However, the industry is adapting, with platforms like Maple Finance and Goldfinch providing innovative lending solutions. The 55% jump in private credit within the crypto sector in 2023 shows the sectors resilience and adaptability.
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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As Holiday Shopping Arrives, Affirm Launches BNPL Gift Cards & OCC Issues Guidance
BNPL | Dec 13, 2023
Image: Unsplash/Heidi Fin
The Office of the Comptroller of the Currency (OCC) recently issued a Bulletin 2023-37, focusing on the risk management of 'Buy Now, Pay Later' (BNPL) retail lending.
This bulletin aims to guide banks in effectively managing risks associated with BNPL lending and ensuring responsible loan offerings. It underscores the importance of safe, sound, and fair practices in line with applicable laws and regulations.
- The bulletin specifically targets BNPL loans that are payable in four or fewer installments without finance charges, distinguishing them from traditional installment loans.
- BNPL loans have seen a surge in popularity, especially among younger generations and consumers with limited credit history. They offer a low-cost, short-term financing alternative, often used for online purchases.
- Risks include potential borrower overextension, underwriting challenges due to limited credit history, unclear disclosure language, and issues with merchandise returns and disputes.
See: Amazon & Affirm’s BNPL Service Aids Small Business Growth
- The bulletin highlights the risks of automated BNPL lending processes, including fraud risk and challenges in managing third-party relationships.
- Banks are advised to adopt risk management systems tailored to BNPL loans, focusing on underwriting, clear marketing materials, and comprehensive credit bureau reporting.
- Why it's important? As BNPL loans become increasingly popular, banks must navigate the unique challenges they present, including credit, operational, and compliance risks. By adhering to these guidelines, banks can better serve the evolving needs of consumers while maintaining sound lending practices.
Affirm and Blackhawk Network Launch BNPL Flexible Payment Plan Gift Cards
Affirm has partnered with Blackhawk Network to innovate the gift card market by offering flexible payment options. Shoppers can now purchase gift cards ranging from $25 to $500, with the choice of zero-interest four-installment plans or monthly payments bearing interest rates between 0% and 36%, depending on creditworthiness and eligibility.
- Blackhawk Network generates revenue upon gift card activation and charges management, transaction, and technology fees to its enterprise clients. This partnership not only benefits Affirm but also bolsters Blackhawk's position in the digital gift card mall.
- The initiative, tested for a month, was strategically timed to coincide with the holiday season. Wayne Pommen, Affirm's Chief Revenue Officer, emphasized the importance of launching this service before the peak gift card purchasing period around Christmas. This move aligns with consumer spending habits, making Affirm a go-to option for last-minute holiday shoppers.
See: Affirm Partners with FICO to Enhance Credit Scoring for BNPL Loans
- Affirm's CEO, Max Levchin, highlighted the company's shift from being predominantly an e-commerce entity to exploring physical retail spaces. This expansion into gift card offerings allows Affirm to tap into the potential of in-store shopping experiences.
This move by Affirm indicates a growing trend in the BNPL industry to diversify services and cater to a broader range of consumer needs. Klarna, a Stockholm-based BNPL brand, also offers digital gift card purchases through its app.
Record BNPL Usage On Cybermonday
- BNPL plans hit an all-time high on Cyber Monday, with a 43% increase from the previous year, as reported by Adobe Analytics.
- While BNPL plans offer an alternative to credit cards by allowing interest-free installment payments, they come with significant risks. Failure to make timely payments can lead to substantial interest and fees.
- Similar to credit cards, delinquency in BNPL plan payments can severely damage credit scores, affecting future loan qualifications and housing opportunities.
See: CFPB to Regulate BNPL Like Credit Card Firms
- Avoiding BNPL plans for non-essential purchases. In cases of emergency, such as needing a new home appliance, a credit card or a 0% APR card might be a safer option to prevent credit score damage.
How to Spot Signs of Overuse
- Cautioned against using BNPL for routine small purchases (best for significant, one-time expenses).
- If you are regularly late or skipping payments altogether, it may result in unsustainable BNPL usage.
- Resorting to loans or borrowing to pay off BNPL items is a red flag. If this is the case, advised to halt new purchases and focus on clearing existing debts.
- Hiding BNPL purchases, especially from a spouse, is a sign of guilt and potential financial mismanagement.
- The stress of managing multiple BNPL payments with varying due dates can be overwhelming, signaling the need to reconsider purchasing habits or explore alternative financing methods.
Conclusion
Affirm's foray into offering BNPL options for gift card purchases marks a significant evolution in its business strategy, aiming to blend the convenience of online shopping with the tangible experience of in-store purchases.
See: CFPB to Regulate BNPL Like Credit Card Firms (also: CFPB Insights from BNPL Making Ends Meet Survey)
This move reflects a keen understanding of consumer preferences and spending patterns, especially during the holiday season, and positions Affirm as a versatile player in the rapidly evolving BNPL market.
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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SG Launches First Digital Green Bond on Ethereum
Blockchain Bonds | Dec 6, 2023
Image courtesy of DALL.E
Societe Generale launches the first digital green bond on a public blockchain, marking a significant step in sustainable finance
Societe Generale, a major French bank, has issued its inaugural digital green bond on the Ethereum public blockchain. This move represents a significant advancement in the integration of blockchain technology in sustainable finance. The bond, valued at EUR 10 million with a three-year maturity, is aimed at financing green activities and demonstrates enhanced transparency and efficiency in financial transactions.
See: Societe Generale: Lists First Security Tokens Utilizing Blockchain on Luxembourg Stock Exchange
- The bond is issued as a Security Token on the Ethereum blockchain, enhancing transparency and traceability, particularly for ESG (Environmental, Social, and Governance) data.
- Proceeds from the bond are dedicated to financing or refinancing eligible green activities, aligning with Societe Generale's commitment to sustainable and positive impact financing.
- The bond's smart contract provides 24/7 open access to data on its carbon footprint transparency, allowing issuers and investors to monitor the environmental impact of their securities.
- Societe Generale is the first big bank to launch a stablecoin introducing an option for on-chain settlement of securities using EUR CoinVertible, a digital asset, complementing traditional cash settlement solutions.
- This issuance is a step towards using blockchain as a data repository and certification tool for ESG data on a global scale, potentially transforming how sustainable investments are tracked and managed.
Why It's Important
This innovative approach could pave the way for more widespread adoption of blockchain in ESG-focused financial products, offering a new level of transparency and accountability in sustainable finance.
Dig deeper. Here are some other articles you may be interested in:
OMFIF / EY Report: Blockchain for Public Finance – Capital Markets and Beyond
This report by OMFIF and EY, published on Sep 27, 2022, discusses how a public finance management system focused on transparency and seamless data sharing can lead to more effective and efficient policy-making. It emphasizes the importance of ensuring funds reach their intended recipients and are used for their intended purpose.
Empowering Investors with Fractional Bond Options
The article explores the emerging concept of fractional bonds, highlighting platforms like BondbloX, which simplify bond investing by allowing electronic tracking and trading of bonds, akin to stocks.
Catastrophe Bonds: Killer Use Case for Digital Asset Adoption?
Published on Nov 5, 2022, by InsurTech Insights, this article discusses Bermuda's role as an innovator in insurance and digital assets, focusing on the use of staked tokens as collateral in the insurance industry.
Harnessing Decentralized Finance to Combat Climate Change: A New Era of Sustainable Finance
This article discusses the role of decentralized finance (DeFi) in addressing climate change. It highlights how DeFi can revolutionize climate change solutions through innovative financial models that promote sustainability and create new investment opportunities for a greener future.
Sustainable finance linked bonds and loans in the capital markets
The article explores the growing interest in sustainable finance, accelerated by the COVID-19 pandemic. It covers various market offerings like green bonds, social bonds, and sustainability-linked bonds and loans, discussing their role in addressing environmental and social challenges.
Creating Sustainable Wealth Through Digital Finance
This piece delves into the convergence of sustainable finance, digital finance, and the democratization of capital markets. It emphasizes the opportunity to use digital finance to foster a greener economy, considering environmental, social, and governance (ESG) factors in investment decisions.
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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FundMore x Senso AI Launch Solution to Transform Lending
Lending | Dec 6, 2023
Image by jcomp on Freepik
FundMore collaborates with Senso AI to launch an AI-driven underwriting assistant, transforming the lending industry.
FundMore, a leading mortgage underwriting software company, has recently announced its partnership with Senso AI, marking a significant step in the integration of Generative AI within its Loan Origination System (LOS). This collaboration introduces an advanced tool designed to automate and enhance data collation, creating Deal Summary Notes, and optimizing enterprise lending processes. The integration of Senso AI's Agent Fetch and Agent Echo products into FundMore's LOS promises to streamline decision-making and improve the quality of lending services.
Podcast: Taking the Mortgage Process From 40 Days to Minutes with Chris Grimes
Highlights:
- FundMore's LOS now features Generative AI capabilities, a first in a series of planned AI tools, aimed at automating lending processes and reducing human error and fraud risks.
- The collaboration with Senso AI focuses on leveraging AI to ingest and aggregate institutional knowledge, enhancing customer intelligence and opening new revenue opportunities.
- Senso AI's products, Agent Fetch and Agent Echo, will be integrated into FundMore's system, aggregating key documents and converting conversational data into actionable insights for an enhanced lending workflow.
- This AI-driven approach addresses current challenges in the lending industry, including risk, compliance, and data privacy, offering lenders a competitive advantage in a rapidly evolving market. The rise of AI in lending brings increased regulatory scrutiny. FundMore's solution helps lenders navigate these complexities, ensuring compliance, and data protection.
Chris Grimes, CEO of FundMore:
“AI is more than just a technological advancement; it’s a transformative tool for lenders to expedite lending, enhance customer interactions, and bolster compliance while supporting underwriters to reduce human error and fraud risk. Our commitment to leading the AI revolution in lending is in our name, this is just the first of a series of generative AI tools we plan to integrate into our LOS.”
Podcast: The Convergence of Data Intelligence and Money Algorithms with Saroop Bharwani, Founder and CEO Senso.ai
Saroop Bharwani, CEO Senso AI:
“Our partnership with FundMore integrates Senso’s generative AI capabilities within the LOS, delivering unparalleled value to the Canadian lending market through advanced automation and intelligent data aggregation.”
Why It's Important
By harnessing the power of AI, the partnership between FundMore and Senso AI enhances operational efficiency, accuracy, and also prepares lenders for future industry shifts. It's a forward-thinking move that positions FundMore at the forefront of technological innovation, offering a glimpse into the future of automated, intelligent lending solutions.
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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