Category Archives: NCFA Blog

NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech

NCFA | Team FFCON19 | April 16, 2019

FFCON19 group shot - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech

5th annual Fintech and Financing Conference in Toronto addressed challenges and successes of entrepreneurs and innovators transforming the financial industry

TORONTO, ON / ACCESSWIRE / April 16, 2019 / The National Crowdfunding & Fintech Association (NCFA), the non-profit cross-body organization that promotes and supports fintech and funding throughout Canada, closed its 5th annual flagship Fintech and Financing Conference - FFCON - which featured numerous fintech market leaders, as well as industry experts, government officials, and prominent tech investors.

"FEARLESS" was the theme for this year's conference, celebrating the boldness and innovative nature of the FinTech industry, where entrepreneurs constantly challenge pre-existing financial systems with innovative new products and services. The conference brought together more than 500 attendees who experienced keynote speeches, immersive learning, workshops, startup pitch presentations and awards, an exhibitor floor, and networking receptions.

Key themes explored at FFCON19: FEARLESS:

  1. RISK is a conscious choice and necessary to innovate;
  2. Digital trust and security are essential for mass adoption;
  3. The digital bank and future of fintech is already here;
  4. Collaboration and new social (decentralized) models can revitalize markets controlled by incumbents with too much power and no incentive to change;
  5. Private-public market funding trends shifting - seek low-cost liquidity, online funding does work, needs aligned critical mass, can unlock value;
  6. Digital asset markets evolving (EIO, STO, stablcoins). Revisit playbooks, diversify, invest/build/prep for growth in securities, currency, record keeping, smart contracts;
  7. Canadian fintech lacks a national strategy; regulation is complex, costly and needs to be streamlined and government at all levels are encouraged to collaborate with industry.

Conference Highlights include:

  • Over 50+ leading fintech, blockchain, AI and alternative finance experts, 9 pitching finalists and 40+ innovation ecosystem partners gathered to discuss the latest industry developments, trends, insider views and best practices.
  • The 2019 FFCON Pitch Competition Winner was Vacation Fund - an employer-matched travel savings program for employees. The winning pitch was by Erica Pearson, co-founder & CEO, who accepted the award on behalf of Vacation Fund from Richard Carlton, CEO of the Canadian Securities Exchange (CSE).
  • Jon Medved, CEO of OurCrowd, who has raised over $1 billion for their companies gave a special keynote speech on the first day. OurCrowd was recently named the most active investor in Israel by PitchBook, with investments in 170 startups, and 18 funds, along with 29 exits so far.
  • FFCON19 FEARLESS was proud to have screened the Toronto premiere of TRUST MACHINE: The Story about Blockchain. The documentary and Q&A with John Lyotier, RightMesh CEO, was well received by the sold-out room at Gowlings and shone a light on the history and advancements of blockchain technology.
  • FFCON19 held an extremely popular consultation with The Honorable Bill Walker, Minister of Consumer and Government Services in Ontario, and steward of the province's new data policy.
  • NCFA expanded this year's program with the formal launch of its inaugural online Global Fintech Education program for entrepreneurs in conjunction with Next Decentrum Technologies. Attendees had an exclusive first look at the program with VIP attendees having received complimentary enrolment with conference registration. Early access to the program is now open and program directors are encouraging partners and fintech experts globally to connect to explore opportunities here.

Announcements at FFCON19

NCFA announced a partnership with Export Canada that will provide opportunities for qualifying Canadian fintech ventures to connect with global markets and investors with its first mission to enter Asia in early 2020.

Coinsquare, the Toronto based cryptocurrency exchange, announced the launch of eCAD™, the first stablecoin pegged to the Canadian Dollar. eCAD™ marks the beginning of a new era for cryptocurrency mass adoption as it will create the first transparent, affordable, and secure way of transferring value in Canada and beyond, without the risk of instability of the traditional cryptocurrency market. Coinsquare continues to cement their place as one of Canada's most reliable cryptocurrency exchanges.

3iQ Corp, the investment fund manager with a focus on cryptocurrency holdings, announced that it signed a letter of intent (LOI) to acquire First Block Capital's FBC Bitcoin Trust and Distributed Ledger Technology Adopters ETF.

Watch the FFCON19 highlight video.

Check out the photo album or presentation decks

The organizers offer special thanks to the conference partners, all the speakers, companies, and volunteers that helped make FFCON19 an informative and memorable event.

About the NCFA

The National Crowdfunding & Fintech Association (NCFA) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain and cryptocurrency, Regtech, and Insuretech sectors. To learn more about NCFA visit www.ncfacanada.org.

About FFCON

FFCON (Fintech and Financing Conference) is an annual conference hosted by Canada's National Crowdfunding and Fintech Association (NCFA). Now in its fifth year, FFCON19 brought together professionals and innovators in fintech, blockchain, cryptocurrency, and alternative finance. The theme of FFCON19 was FEARLESS which exudes the boldness of the fintech space where small players are challenging orthodoxy, going against convention and transforming the financial industry with innovative models and thinking. Further information about the conference series can be found at www.fintechandfunding.com.

FFCON Contacts

Craig Asano
Founder and CEO, NCFA
casano@ncfacanada.org
(416) 618-0254

Partnership Inquiries

Lauren Linton
Advisor, NCFA
lauren@ncfacanada.org
(416) 569-4349

Media Contact

Michele McDermott-Fox
The Top Floor Public Relations
pr@thetopflooragency.com
(905) 379-1893

SOURCE: National Crowdfunding & Fintech Association of Canada


Latest news - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in FintechFF Logo 400 v3 - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintechcommunity social impact - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
NCFA Fintech Confidential Issue 2 FINAL COVER - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech

McKinsey Global Institute | Sep 19, 2019 Asia is increasingly the center of the world economy. By 2040, the region could account for more than half of global GDP and about 40 percent of global consumption. Global cross-border flows are shifting towards Asia on seven of eight dimensions, and the region’s growth is becoming more broad-based and sustainable as its constituent economies increasingly integrate with each other. This is a diverse region, but its different parts have complementary characteristics, and powerful networks are developing within Asia. Patterns of globalization are shifting, and these shifts are occurring faster in Asia than elsewhere, suggesting that more than any other region, Asia could shape the way globalization unfolds in the years to come. This new paper builds on the McKinsey Global Institute’s research on globalization in January 2019 by examining Asia’s rise on eight dimensions incorporating 16 types of flow, looking at the increasing integration of the economies of the region, and highlighting the development of three powerful new Asian networks: industrialization, innovation, and culture and mobility, and the rising cities that are pivotal components of those networks. The paper is one of a series on the Future of Asia, a multi-phase research project ...
Read More
Asian tiger - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Cambridge Alternative Finance Centre | Sep 19, 2019 The second edition of the Global Enterprise Blockchain Benchmarking Study provides new insights into the current state of the enterprise blockchain ecosystem. The study gathers survey data from 160 start-ups, established companies, central banks, and other public-sector institutions from 49 different countries worldwide. The empirical analysis specifically focuses on enterprise blockchain networks that have entered in production. Some Highlights from the report The banking, financial markets and insurance industries are responsible for the largest share of live networks: The trend indicated in 2017 has continued: 43 per cent of enterprise blockchain networks deployed in production can be attributed to Financial Services, far ahead of any other sector and industry. The specific use case of a network can be at times difficult to identify, but supply chain tracking, trading infrastructure, and document certification seem to currently dominate.   Companies and institutions from nearly every sector and industry of the global economy have been exploring the potential of blockchain technology in recent years. The Accommodation and Food Services as well as the Healthcare and Social Assistance sectors come at a distant second place with 6% of all networks each. Cost reduction is the main value ...
Read More
Cambridge Centre 2nd Enterprise Blockchain Benchmarking study - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Business Cloud | Alistair Hardaker | Sep 13, 2019 Only a few firms said they are now prepared for a potential crash out of the EU next month Most London FinTech firms are not prepared for the fallout of a no deal Brexit, says a new report. More than three quarters, (78 per cent) of firms surveyed by Innovate Finance said they were not prepared for Britain to leave the EU without a deal, and 45 per cent said they don’t feel prepared even if there is a transition period. The main concerns of a no-deal scenario shared by the FinTech firms were ‘passporting’, by which firms can apply for a ‘passport’ to do business throughout the EU, cross-border transactions, servicing EU clients and retaining and attracting new talent. The survey also reports that 38 per cent of FinTech say they have not taken any steps to prepare for Brexit, but the majoirty have begun tasks such as reviewing data processing, preserving talent and undertaking risk management procedures. See:  Europe’s fintech companies are preparing for a no-deal Brexit Who’s afraid of Brexit? Here’s why Canadian fintechs are flocking to London Charlotte Crosswell, CEO of Innovate Finance, said: “At this time ...
Read More
london tower bridge - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Financial Post | Julius Melnitzer | Sep 17, 2019 In a general sense, what the Bureau wants to know is whether the characteristics of certain digital markets favour concentration — a process called 'tipping' The Competition Bureau’s recent call to Canadians to flag anti-competitive conduct in the digital economy is raising eyebrows among industry professionals. Certainly, the Bureau’s consultation seems far more concrete than what is evident from the regulator’s statement that it “is examining concerns that certain digital markets have become increasingly concentrated.” “The Bureau is looking to collect information and understand facts to determine whether increased concentration is truly occurring,” says Anita Banicevic, a competition partner in Davies Ward Phillips & Vineberg LLP’s Toronto office. “But it’s also looking to see whether it should take enforcement actions and beyond that, a fairly open call for complaints on which to base such actions.” Although Banicevic acknowledges that the Bureau has “always been driven by complaints to a significant degree” and “does have the ability and resources to weed out the genuine complaints from those that are meritorious,” she still finds the call-out disquieting. “I remain concerned that the call for complaints is essentially a matter of looking for issues,” ...
Read More
big tech and competition bureau - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Globe and Mail | Lauren Robinson | Sep 12, 2019 Lauren Robinson is general partner at Highline BETA and executive director at Female Funders For decades the research has been clear: businesses benefit from gender diversity. Women are starting businesses at a faster rate than ever before, and leadership teams that include women provide better financial returns for investors. Investing in women is good for business. But for women founders looking to launch and scale successful businesses, access to capital remains a major barrier. There is consistent data showing that deal flow is often sourced from pre-existing networks. This explains why women entrepreneurs have a higher likelihood of closing an investment when a female investor is involved: venture firms are twice as likely to invest in women-led startups if they have at least one female partner on their team, and women angel investors place greater importance on the gender of the founders they are considering investing in. Women entrepreneurs are more likely to access capital when there are women making investment decisions. This is critical when funding for female founders is stalled at 2.2 per cent of the total invested in the United States. We can do better. Why venture ...
Read More
lauren robinson - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
University of Pennsylvania | Wharton Knowledge | Sep 10, 2019 As the finance industry grapples with what the next generation of banks and payment systems will look like, it’s clear that partnerships are a linchpin for riding the wave of change successfully, whether you’re a multibillion-dollar traditional bank or a startup looking to bring cutting-edge technology into the mainstream. “The rails that these payment systems are built on date back 20-30 years – people are not starting to reinvent that alone; it isn’t an overnight thing – it’s incremental innovation adding up to something massive,” said Jennifer Lee, vice president focused on fintech at growth equity firm Edison Partners during the recent Fearless in Fintech conference at Wharton San Francisco. At the conference, which was co-sponsored by Knowledge@Wharton and Wharton Executive Education and organized by Momentum Event Group, Denise Leonhard, head of global credit expansion, business development and expansion at Paypal, used her company’s online payments system as an example of the challenges ahead. “We’ve built our infrastructure with all these different partners – payment networks, bank issuers … we’re all playing in a very messy soup,” she said. “What we’ve been building in the last 20 years has brought ...
Read More
future of fintech partnerships - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
BBC | Sep 16, 2019 Kickstarter has been accused of "union-busting" after firing three employees. Taylor Moore, the company's head of comedy and podcasts, tweeted that he and another employee were fired on Thursday, while tech and design lead Clarissa Redwine was fired last week. All three were heavily involved in the formation of a Kickstarter union this year, Mr Moore added. Kickstarter confirmed the employees were fired, but denied that it was because of their union activity. Mr Moore tweeted that he had worked at the company for six years. He said that when Kickstarter fired him they "offered me no real reasons, but one month's severance for signing an NDA" - a non-disclosure agreement. "I will not be signing it." "The union busting campaign that Kickstarter management is engaging in is illegal and wrong," he added. "It is an unforgivable abandonment of the values of an organisation that I have loved and served with my whole heart." Ms Redwine also tweeted at the company, saying: "I will not be signing your termination agreement containing a non-disparagement clause. You can keep my severance." See:  A Digitized Staff Compliance Platform is a Must-Have She added: "Kickstarter's management continues to state ...
Read More
kickstarter acused of unionbusting - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
FCA | Sep 11, 2019 Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at the Cambridge Centre for Alternative Finance annual conference, Judge Business School. Highlights: The UK has led the rest of the world with developments like the regulatory Sandbox, we are very proud of what has been achieved through it. Early engagement is incredibly valuable for monitoring, supervisory and policy purposes. Working with innovative firms helps us achieve a better bird’s-eye view, enhancing our understanding when the overall landscape is blurry and ­changing quickly. 'Stablecoin' is a term that has been widely adopted by industry, but we do not take it to be a distinct category of cryptoassets. Something labelled as a 'stablecoin' could sit within or outside of our regulatory perimeter. Note: this is the speech as drafted and may differ from the delivered version. See:  FCA confirms new rules for P2P platforms Last month, Facebook announced its plans for Libra, the stablecoin it is planning to launch in conjunction with a number of payment and tech firms. As has been widely reported, along with other regulators and central banks, we have been discussing their plans with Facebook. If this comes ...
Read More
Christopher Woolard2 - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
NCFA Canada | Sep 13, 2019 JOIN US ON A STORYTELLING JOURNEY EVERY FRIDAY. Sep 13: Funding is Female with Jill Earthy EP37 GUEST: JILL EARTHY, Head of Female Funders (Linkedin) HOST: Manseeb Khan, Fintech Friday's show host BIO:  Jill Earthy is an entrepreneurially minded leader who believes diversity drives innovation. As Head of Female Funders (powered by Highine BETA), she is empowering female leaders to become investors in early stage companies. Her background includes being an entrepreneur, supporting entrepreneurs in various leadership roles and working as Chief Growth Officer of FrontFundr, an online investment platform. She is a community leader and active mentor, currently serving on the national Board of Sustainable Development Technology Canada and as Board Chair of the Women’s Enterprise Centre in BC, and as Co-Chair of We for She. Jill was recently recognized by the Canadian Centre for Diversity and Inclusion award as a Community Champion, by Business in Vancouver as an Influential Woman in Business and by WXN as one the Top 100 most powerful women in Canada in 2019. About this episode:  On this episode of NCFA'S Fintech Fridays Podcast, our host Manseeb Khan sits down with Jill Earthy the Head of Female Funders. The talk about what ...
Read More
FF EP37 female funders 1 - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
TechCrunch | Kate Clark | Sep 12, 2019 Affirm, founded by PayPal’s Max Levchin, is said to be raising as much as $1.5 billion in a combination of debt and equity, according to people with knowledge of the company’s fundraising activities. Josh Kushner’s New York venture capital firm Thrive Capital is said to be leading the financing, with participation from the San Francisco outfit Spark Capital. Affirm declined to comment. Representatives of Thrive and Spark, existing Affirm investors, have not responded to a request for comment. Sources familiar with Affirm, which gives consumers an alternative to personal loans and credit by financing online purchases at point-of-sale, presume the round will be made up largely of a line of credit from a large financial institution, known as a warehouse facility. Affirm recently raised a $300 million Thrive-led Series F round in April at a valuation of $3 billion. Fintech companies focused on payments and lending, however, require a vast amount of capital to sustain operations. Those capital requirements coupled with the frothiness of the venture capital market justify this additional cash infusion. To date, Affirm has raised $1.03 billion in funding from Ribbit Capital, Founders Fund, Andreessen Horowitz, Khosla Ventures, Lightspeed ...
Read More
max levchin - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech

 

#FFCON19 talked about how to build trust in the 21st century

TechDaily | Stefan Palios  | April 8, 2019

FFCON19 dan rosen - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech

To be fearless, you have to set up the right conditions and environment. Taking this perspective to heart, #FFCON19, a conference put on by the National Crowdfunding & Fintech Association, pondered how to create the right conditions so entrepreneurs can be fearless in their work.

From conversations about AI creating fake videos to open banking, the wide-ranging conference detailed that fearlessness comes from using the right tech at the right time, desiring a positive outcome more than wanting to avoid a negative outcome, and putting the right regulations in place.

Deep fakes and identifying what’s real

Kicking off the conference, entrepreneur Toufi Saliba brought the idea of ‘deep fake’ to the conversation, the premise that artificial intelligence technology can make videos appear to be of certain people.

See:  The growing cost of cybersecurity

“Deep fake enables everyone with a computer to download software to enable you to put someone speaking in a video, saying something they did not actually say,” Saliba explained.

While innocently used in gag videos, the negative side is much more concerning. With this technology, said Saliba, hackers and other malicious actors can declare war, pretending to be a head of state.

“Imagine seeing Barack Obama on video, except it’s not actually Barack Obama,” Saliba said, explaining that with deep fake technology, someone can film themselves speaking and gesturing but have it appear on screen as anyone.

Saliba went on to explain that cryptography – the computer science practice of securing files with nearly-impossible-to-hack hash codes – can help identify whether a video is real. If cryptographic platforms reach mainstream use, each person will have their own identifying code, as will each video. If there’s a fraud concern, the platform can verify if the source of the video that seemingly features Person A actually came from Person A. While this technology theoretically exists today in the form of official passwords and ‘verified’ accounts, cryptography adds an incredibly high additional level of security, offering true ‘verification’ of the source.

 

Providing value and relinquishing control

Once you can verify the source of information, a must for fearlessness since it helps reduce the unknown and manage risk, entrepreneurs must find additional ways to deliver value. John Lyotier, CEO of decentralized communications framework RightMesh, added that in the 21st century, providing value also means relinquishing control.

In a classic blockchain industry pushback on central systems, Lyotier argued that providing real value to the world means not controlling but simply facilitating. This seems in line with Saliba’s commentary about cryptography and deep fakes – no human is verifying the videos, only decentralized computer nodes.

See:  Trust Machine: The Story of Blockchain to Screen at 5th Annual Fintech and Financing Conference in Toronto

He said the job of a trusted agent – for example, an accountant, consultant, or lawyer – is to “sit between those who want and those who have, then put the two together”, but made the bold claim that those individuals are to be “disrupted and disintermediated”. With a trust system based on humans, there is an inherent limit to how much trust someone can put, said Lyotier, since they are ultimately relying on people who can be perversely incentivized. Instead, the new method of providing value is to enable people to connect one-to-one on a global scale without a human in the middle.

The entrepreneur believes blockchain is the technology that will deliver the promise of increased value and decreased central control, but he was not so naive as to think that the whole world would simply switch over. Lyotier echoed a comment made by Saliba that new platforms must deliver incredible efficiency gains to get people on board, but he re-phrased the question to be: how do you incentivize people to take action? For him, that’s the potential value of RightMesh’s proprietary cryptocurrency, but he left the question open ended for the audience to ponder.

 

Promoting trust

On the subject of regulation and ensuring support for scaling startups, a day-two panel took aim at Facebook’s famous “move fast and break things” mantra.

When it comes to regulation, said the panel, you have to go a little slower at first to get regulation right. Then you can move fast and break things, because the frameworks that protect investors act as bumpers to keep you on track. Once regulations are set up to both protect those who need protecting without stifling risk taking, then innovation can truly take place.

Continue to the full article --> here


NCFA Jan 2018 resize - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

Latest news - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in FintechFF Logo 400 v3 - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintechcommunity social impact - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
NCFA Fintech Confidential Issue 2 FINAL COVER - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech

McKinsey Global Institute | Sep 19, 2019 Asia is increasingly the center of the world economy. By 2040, the region could account for more than half of global GDP and about 40 percent of global consumption. Global cross-border flows are shifting towards Asia on seven of eight dimensions, and the region’s growth is becoming more broad-based and sustainable as its constituent economies increasingly integrate with each other. This is a diverse region, but its different parts have complementary characteristics, and powerful networks are developing within Asia. Patterns of globalization are shifting, and these shifts are occurring faster in Asia than elsewhere, suggesting that more than any other region, Asia could shape the way globalization unfolds in the years to come. This new paper builds on the McKinsey Global Institute’s research on globalization in January 2019 by examining Asia’s rise on eight dimensions incorporating 16 types of flow, looking at the increasing integration of the economies of the region, and highlighting the development of three powerful new Asian networks: industrialization, innovation, and culture and mobility, and the rising cities that are pivotal components of those networks. The paper is one of a series on the Future of Asia, a multi-phase research project ...
Read More
Asian tiger - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Cambridge Alternative Finance Centre | Sep 19, 2019 The second edition of the Global Enterprise Blockchain Benchmarking Study provides new insights into the current state of the enterprise blockchain ecosystem. The study gathers survey data from 160 start-ups, established companies, central banks, and other public-sector institutions from 49 different countries worldwide. The empirical analysis specifically focuses on enterprise blockchain networks that have entered in production. Some Highlights from the report The banking, financial markets and insurance industries are responsible for the largest share of live networks: The trend indicated in 2017 has continued: 43 per cent of enterprise blockchain networks deployed in production can be attributed to Financial Services, far ahead of any other sector and industry. The specific use case of a network can be at times difficult to identify, but supply chain tracking, trading infrastructure, and document certification seem to currently dominate.   Companies and institutions from nearly every sector and industry of the global economy have been exploring the potential of blockchain technology in recent years. The Accommodation and Food Services as well as the Healthcare and Social Assistance sectors come at a distant second place with 6% of all networks each. Cost reduction is the main value ...
Read More
Cambridge Centre 2nd Enterprise Blockchain Benchmarking study - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Business Cloud | Alistair Hardaker | Sep 13, 2019 Only a few firms said they are now prepared for a potential crash out of the EU next month Most London FinTech firms are not prepared for the fallout of a no deal Brexit, says a new report. More than three quarters, (78 per cent) of firms surveyed by Innovate Finance said they were not prepared for Britain to leave the EU without a deal, and 45 per cent said they don’t feel prepared even if there is a transition period. The main concerns of a no-deal scenario shared by the FinTech firms were ‘passporting’, by which firms can apply for a ‘passport’ to do business throughout the EU, cross-border transactions, servicing EU clients and retaining and attracting new talent. The survey also reports that 38 per cent of FinTech say they have not taken any steps to prepare for Brexit, but the majoirty have begun tasks such as reviewing data processing, preserving talent and undertaking risk management procedures. See:  Europe’s fintech companies are preparing for a no-deal Brexit Who’s afraid of Brexit? Here’s why Canadian fintechs are flocking to London Charlotte Crosswell, CEO of Innovate Finance, said: “At this time ...
Read More
london tower bridge - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Financial Post | Julius Melnitzer | Sep 17, 2019 In a general sense, what the Bureau wants to know is whether the characteristics of certain digital markets favour concentration — a process called 'tipping' The Competition Bureau’s recent call to Canadians to flag anti-competitive conduct in the digital economy is raising eyebrows among industry professionals. Certainly, the Bureau’s consultation seems far more concrete than what is evident from the regulator’s statement that it “is examining concerns that certain digital markets have become increasingly concentrated.” “The Bureau is looking to collect information and understand facts to determine whether increased concentration is truly occurring,” says Anita Banicevic, a competition partner in Davies Ward Phillips & Vineberg LLP’s Toronto office. “But it’s also looking to see whether it should take enforcement actions and beyond that, a fairly open call for complaints on which to base such actions.” Although Banicevic acknowledges that the Bureau has “always been driven by complaints to a significant degree” and “does have the ability and resources to weed out the genuine complaints from those that are meritorious,” she still finds the call-out disquieting. “I remain concerned that the call for complaints is essentially a matter of looking for issues,” ...
Read More
big tech and competition bureau - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Globe and Mail | Lauren Robinson | Sep 12, 2019 Lauren Robinson is general partner at Highline BETA and executive director at Female Funders For decades the research has been clear: businesses benefit from gender diversity. Women are starting businesses at a faster rate than ever before, and leadership teams that include women provide better financial returns for investors. Investing in women is good for business. But for women founders looking to launch and scale successful businesses, access to capital remains a major barrier. There is consistent data showing that deal flow is often sourced from pre-existing networks. This explains why women entrepreneurs have a higher likelihood of closing an investment when a female investor is involved: venture firms are twice as likely to invest in women-led startups if they have at least one female partner on their team, and women angel investors place greater importance on the gender of the founders they are considering investing in. Women entrepreneurs are more likely to access capital when there are women making investment decisions. This is critical when funding for female founders is stalled at 2.2 per cent of the total invested in the United States. We can do better. Why venture ...
Read More
lauren robinson - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
University of Pennsylvania | Wharton Knowledge | Sep 10, 2019 As the finance industry grapples with what the next generation of banks and payment systems will look like, it’s clear that partnerships are a linchpin for riding the wave of change successfully, whether you’re a multibillion-dollar traditional bank or a startup looking to bring cutting-edge technology into the mainstream. “The rails that these payment systems are built on date back 20-30 years – people are not starting to reinvent that alone; it isn’t an overnight thing – it’s incremental innovation adding up to something massive,” said Jennifer Lee, vice president focused on fintech at growth equity firm Edison Partners during the recent Fearless in Fintech conference at Wharton San Francisco. At the conference, which was co-sponsored by Knowledge@Wharton and Wharton Executive Education and organized by Momentum Event Group, Denise Leonhard, head of global credit expansion, business development and expansion at Paypal, used her company’s online payments system as an example of the challenges ahead. “We’ve built our infrastructure with all these different partners – payment networks, bank issuers … we’re all playing in a very messy soup,” she said. “What we’ve been building in the last 20 years has brought ...
Read More
future of fintech partnerships - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
BBC | Sep 16, 2019 Kickstarter has been accused of "union-busting" after firing three employees. Taylor Moore, the company's head of comedy and podcasts, tweeted that he and another employee were fired on Thursday, while tech and design lead Clarissa Redwine was fired last week. All three were heavily involved in the formation of a Kickstarter union this year, Mr Moore added. Kickstarter confirmed the employees were fired, but denied that it was because of their union activity. Mr Moore tweeted that he had worked at the company for six years. He said that when Kickstarter fired him they "offered me no real reasons, but one month's severance for signing an NDA" - a non-disclosure agreement. "I will not be signing it." "The union busting campaign that Kickstarter management is engaging in is illegal and wrong," he added. "It is an unforgivable abandonment of the values of an organisation that I have loved and served with my whole heart." Ms Redwine also tweeted at the company, saying: "I will not be signing your termination agreement containing a non-disparagement clause. You can keep my severance." See:  A Digitized Staff Compliance Platform is a Must-Have She added: "Kickstarter's management continues to state ...
Read More
kickstarter acused of unionbusting - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
FCA | Sep 11, 2019 Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at the Cambridge Centre for Alternative Finance annual conference, Judge Business School. Highlights: The UK has led the rest of the world with developments like the regulatory Sandbox, we are very proud of what has been achieved through it. Early engagement is incredibly valuable for monitoring, supervisory and policy purposes. Working with innovative firms helps us achieve a better bird’s-eye view, enhancing our understanding when the overall landscape is blurry and ­changing quickly. 'Stablecoin' is a term that has been widely adopted by industry, but we do not take it to be a distinct category of cryptoassets. Something labelled as a 'stablecoin' could sit within or outside of our regulatory perimeter. Note: this is the speech as drafted and may differ from the delivered version. See:  FCA confirms new rules for P2P platforms Last month, Facebook announced its plans for Libra, the stablecoin it is planning to launch in conjunction with a number of payment and tech firms. As has been widely reported, along with other regulators and central banks, we have been discussing their plans with Facebook. If this comes ...
Read More
Christopher Woolard2 - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
NCFA Canada | Sep 13, 2019 JOIN US ON A STORYTELLING JOURNEY EVERY FRIDAY. Sep 13: Funding is Female with Jill Earthy EP37 GUEST: JILL EARTHY, Head of Female Funders (Linkedin) HOST: Manseeb Khan, Fintech Friday's show host BIO:  Jill Earthy is an entrepreneurially minded leader who believes diversity drives innovation. As Head of Female Funders (powered by Highine BETA), she is empowering female leaders to become investors in early stage companies. Her background includes being an entrepreneur, supporting entrepreneurs in various leadership roles and working as Chief Growth Officer of FrontFundr, an online investment platform. She is a community leader and active mentor, currently serving on the national Board of Sustainable Development Technology Canada and as Board Chair of the Women’s Enterprise Centre in BC, and as Co-Chair of We for She. Jill was recently recognized by the Canadian Centre for Diversity and Inclusion award as a Community Champion, by Business in Vancouver as an Influential Woman in Business and by WXN as one the Top 100 most powerful women in Canada in 2019. About this episode:  On this episode of NCFA'S Fintech Fridays Podcast, our host Manseeb Khan sits down with Jill Earthy the Head of Female Funders. The talk about what ...
Read More
FF EP37 female funders 1 - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
TechCrunch | Kate Clark | Sep 12, 2019 Affirm, founded by PayPal’s Max Levchin, is said to be raising as much as $1.5 billion in a combination of debt and equity, according to people with knowledge of the company’s fundraising activities. Josh Kushner’s New York venture capital firm Thrive Capital is said to be leading the financing, with participation from the San Francisco outfit Spark Capital. Affirm declined to comment. Representatives of Thrive and Spark, existing Affirm investors, have not responded to a request for comment. Sources familiar with Affirm, which gives consumers an alternative to personal loans and credit by financing online purchases at point-of-sale, presume the round will be made up largely of a line of credit from a large financial institution, known as a warehouse facility. Affirm recently raised a $300 million Thrive-led Series F round in April at a valuation of $3 billion. Fintech companies focused on payments and lending, however, require a vast amount of capital to sustain operations. Those capital requirements coupled with the frothiness of the venture capital market justify this additional cash infusion. To date, Affirm has raised $1.03 billion in funding from Ribbit Capital, Founders Fund, Andreessen Horowitz, Khosla Ventures, Lightspeed ...
Read More
max levchin - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech

 

Canada’s Regulatory System for Fintech is Complex, Costly and Chaotic. It is Stifling Fintech Innovation

Crowdfund Insider | | Apr 4, 2019

michael king - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in FintechCanada may be a smaller market but it has a robust, highly sophisticated economy and a vibrant Fintech sector. Toronto, the financial center of the country, is home to dozens of Fintechs including payment firms, online lending, AI, wealth management, blockchain and more. Yet while there are promising indications of financial innovation and a good number risk-taking Fintech entrepreneurs, a recent Canadian report noted a “need for a clear Fintech strategy by the federal and provincial governments with the intent of supporting innovation and growth for the Canadian financial services sector.”

Like most other industries, competition in financial services is intense. As it is a highly regulated sector of industry, participants must continuously manage compliance demands while interacting with diverse public officials and regulatory requirements. These same rules, if duplicative or misaligned, can act as a barrier to positive innovation and change that challenges established firms and entrenched orthodoxies.

The emergence of Fintech and the digitization of financial services, from banking and beyond, has seen multiple Fintech centers of prominence emerge. The UK has long been known for its Fintech friendly regulatory environment. Regulators frequently engage with emerging new business models as it is mandated for these officials to foster competition.

See:  Inside the power struggle between big banks and fintechs to modernize financial services

In Hong Kong, an important global financial center, public officials have not only talked about fostering Fintech innovation, but much money and resources have been dedicated to encouraging innovation. Fintech is viewed as strategically important to maintain a dominant position in the global financial industry.

So can Canada do more?

Crowdfund Insider recently reached out to Michael King for his perspective on the status of Fintech in Canada. King is co-Director of the Scotiabank Digital Banking Lab at Ivey Business School and an advisor to the National Crowdfunding and Fintech Association of Canada. He spent multiple years in the private sector working in the global banking industry so he has plenty of hands-on experience.

King recently created a helpful database of Fintechs operating in Canada which provides a good overview of these new firms. King believes Canadian officials, both regulatory and elected, must do more to catch up in the international race to remain relevant and competitive in the global financial sector.

So will Canadian policymakers listen? Our conversation is shared below.


Which international jurisdictions do you believe are doing the best in fostering Fintech innovation?

Michael King: The leading jurisdictions for Fintech are the UK, Australia, Hong Kong, and Singapore. Each of these countries has outlined a national strategy to be a leader in Fintech and is coordinating both public sector and private sector bodies towards achieving this goal. These small open economies understand that financial services are a global industry that has been opened up to foreign competition by the internet, cloud computing, smartphones and other technologies.

Canada is lagging, with no coordination nationally and harmful competition between Fintech centres across Canada.

See:  NCFA Letter to Ontario Economic Development on Burden (Jan 2019)

The leading jurisdictions for #Fintech are the UK, Australia, Hong Kong, and Singapore. Each of these countries has outlined a national strategy to be a leader in Fintech 

Which sectors of Fintech do you believe hold the most promise?

Michael King: The payments sector is the front line of the battle between Fintechs and incumbents. This trillion-dollar industry is complex, with many players collaborating and competing in overlapping networks. Consumers and businesses face many pain points, such as high costs, slow transfers, poor service and little to no transparency. Payments is where the largest and most successful Fintech companies have made their mark, led by PayPal, Square, Stripe and Adyen.

Canada’s Lightspeed POS is the leader in this space, although there are dozens of smaller start-ups targeting lucrative segments of this value chain.

Payments is also the space where global technology companies are able to compete most effectively by bundling payments with their other customer offerings: Alipay (Alibaba), Amazon Pay, Apple Pay, Google Pay, Samsung Pay and WePay (Tencent).

These “Techfins” have put technology first and financial services second when developing their ecosystems. But access to customer payments will bring data and insights to drive future financial product offerings.

On relative terms, how does Canada size up when it comes to Fintech innovation?

Michael King:  Canada remains in the top 10 for Fintech innovation with investment by both start-ups and incumbent banks, insurance companies and asset managers.

Canada has been gaining ground in key areas of Fintech, namely payments, cryptoassets and blockchain, online lending, and wealth management.

See:  Competition Bureau weighs in on fintech: urgent action required

On a public policy basis, what has been done so far?

Michael King:  Federal politicians in Canada are pursuing a policy of benign neglect towards the Fintech sector, preferring to leave policy to provincial governments and regulators while focusing on other innovation priorities. Canada has not published a national strategy on Fintech, none of the funding for superclusters was directed to Fintech, and no politicians are offering speeches to support this sector. The only recent indication of support is the public consultations on open banking, which has already been adopted in the European Union, United Kingdom and Australia.

Canada prefers to be a follower on open banking, balancing the need for more openness with the desire to maintain a sound and stable financial system.

Continue to the full article --> here


NCFA Jan 2018 resize - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

Latest news - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in FintechFF Logo 400 v3 - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintechcommunity social impact - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
NCFA Fintech Confidential Issue 2 FINAL COVER - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech

McKinsey Global Institute | Sep 19, 2019 Asia is increasingly the center of the world economy. By 2040, the region could account for more than half of global GDP and about 40 percent of global consumption. Global cross-border flows are shifting towards Asia on seven of eight dimensions, and the region’s growth is becoming more broad-based and sustainable as its constituent economies increasingly integrate with each other. This is a diverse region, but its different parts have complementary characteristics, and powerful networks are developing within Asia. Patterns of globalization are shifting, and these shifts are occurring faster in Asia than elsewhere, suggesting that more than any other region, Asia could shape the way globalization unfolds in the years to come. This new paper builds on the McKinsey Global Institute’s research on globalization in January 2019 by examining Asia’s rise on eight dimensions incorporating 16 types of flow, looking at the increasing integration of the economies of the region, and highlighting the development of three powerful new Asian networks: industrialization, innovation, and culture and mobility, and the rising cities that are pivotal components of those networks. The paper is one of a series on the Future of Asia, a multi-phase research project ...
Read More
Asian tiger - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Cambridge Alternative Finance Centre | Sep 19, 2019 The second edition of the Global Enterprise Blockchain Benchmarking Study provides new insights into the current state of the enterprise blockchain ecosystem. The study gathers survey data from 160 start-ups, established companies, central banks, and other public-sector institutions from 49 different countries worldwide. The empirical analysis specifically focuses on enterprise blockchain networks that have entered in production. Some Highlights from the report The banking, financial markets and insurance industries are responsible for the largest share of live networks: The trend indicated in 2017 has continued: 43 per cent of enterprise blockchain networks deployed in production can be attributed to Financial Services, far ahead of any other sector and industry. The specific use case of a network can be at times difficult to identify, but supply chain tracking, trading infrastructure, and document certification seem to currently dominate.   Companies and institutions from nearly every sector and industry of the global economy have been exploring the potential of blockchain technology in recent years. The Accommodation and Food Services as well as the Healthcare and Social Assistance sectors come at a distant second place with 6% of all networks each. Cost reduction is the main value ...
Read More
Cambridge Centre 2nd Enterprise Blockchain Benchmarking study - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Business Cloud | Alistair Hardaker | Sep 13, 2019 Only a few firms said they are now prepared for a potential crash out of the EU next month Most London FinTech firms are not prepared for the fallout of a no deal Brexit, says a new report. More than three quarters, (78 per cent) of firms surveyed by Innovate Finance said they were not prepared for Britain to leave the EU without a deal, and 45 per cent said they don’t feel prepared even if there is a transition period. The main concerns of a no-deal scenario shared by the FinTech firms were ‘passporting’, by which firms can apply for a ‘passport’ to do business throughout the EU, cross-border transactions, servicing EU clients and retaining and attracting new talent. The survey also reports that 38 per cent of FinTech say they have not taken any steps to prepare for Brexit, but the majoirty have begun tasks such as reviewing data processing, preserving talent and undertaking risk management procedures. See:  Europe’s fintech companies are preparing for a no-deal Brexit Who’s afraid of Brexit? Here’s why Canadian fintechs are flocking to London Charlotte Crosswell, CEO of Innovate Finance, said: “At this time ...
Read More
london tower bridge - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Financial Post | Julius Melnitzer | Sep 17, 2019 In a general sense, what the Bureau wants to know is whether the characteristics of certain digital markets favour concentration — a process called 'tipping' The Competition Bureau’s recent call to Canadians to flag anti-competitive conduct in the digital economy is raising eyebrows among industry professionals. Certainly, the Bureau’s consultation seems far more concrete than what is evident from the regulator’s statement that it “is examining concerns that certain digital markets have become increasingly concentrated.” “The Bureau is looking to collect information and understand facts to determine whether increased concentration is truly occurring,” says Anita Banicevic, a competition partner in Davies Ward Phillips & Vineberg LLP’s Toronto office. “But it’s also looking to see whether it should take enforcement actions and beyond that, a fairly open call for complaints on which to base such actions.” Although Banicevic acknowledges that the Bureau has “always been driven by complaints to a significant degree” and “does have the ability and resources to weed out the genuine complaints from those that are meritorious,” she still finds the call-out disquieting. “I remain concerned that the call for complaints is essentially a matter of looking for issues,” ...
Read More
big tech and competition bureau - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Globe and Mail | Lauren Robinson | Sep 12, 2019 Lauren Robinson is general partner at Highline BETA and executive director at Female Funders For decades the research has been clear: businesses benefit from gender diversity. Women are starting businesses at a faster rate than ever before, and leadership teams that include women provide better financial returns for investors. Investing in women is good for business. But for women founders looking to launch and scale successful businesses, access to capital remains a major barrier. There is consistent data showing that deal flow is often sourced from pre-existing networks. This explains why women entrepreneurs have a higher likelihood of closing an investment when a female investor is involved: venture firms are twice as likely to invest in women-led startups if they have at least one female partner on their team, and women angel investors place greater importance on the gender of the founders they are considering investing in. Women entrepreneurs are more likely to access capital when there are women making investment decisions. This is critical when funding for female founders is stalled at 2.2 per cent of the total invested in the United States. We can do better. Why venture ...
Read More
lauren robinson - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
University of Pennsylvania | Wharton Knowledge | Sep 10, 2019 As the finance industry grapples with what the next generation of banks and payment systems will look like, it’s clear that partnerships are a linchpin for riding the wave of change successfully, whether you’re a multibillion-dollar traditional bank or a startup looking to bring cutting-edge technology into the mainstream. “The rails that these payment systems are built on date back 20-30 years – people are not starting to reinvent that alone; it isn’t an overnight thing – it’s incremental innovation adding up to something massive,” said Jennifer Lee, vice president focused on fintech at growth equity firm Edison Partners during the recent Fearless in Fintech conference at Wharton San Francisco. At the conference, which was co-sponsored by Knowledge@Wharton and Wharton Executive Education and organized by Momentum Event Group, Denise Leonhard, head of global credit expansion, business development and expansion at Paypal, used her company’s online payments system as an example of the challenges ahead. “We’ve built our infrastructure with all these different partners – payment networks, bank issuers … we’re all playing in a very messy soup,” she said. “What we’ve been building in the last 20 years has brought ...
Read More
future of fintech partnerships - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
BBC | Sep 16, 2019 Kickstarter has been accused of "union-busting" after firing three employees. Taylor Moore, the company's head of comedy and podcasts, tweeted that he and another employee were fired on Thursday, while tech and design lead Clarissa Redwine was fired last week. All three were heavily involved in the formation of a Kickstarter union this year, Mr Moore added. Kickstarter confirmed the employees were fired, but denied that it was because of their union activity. Mr Moore tweeted that he had worked at the company for six years. He said that when Kickstarter fired him they "offered me no real reasons, but one month's severance for signing an NDA" - a non-disclosure agreement. "I will not be signing it." "The union busting campaign that Kickstarter management is engaging in is illegal and wrong," he added. "It is an unforgivable abandonment of the values of an organisation that I have loved and served with my whole heart." Ms Redwine also tweeted at the company, saying: "I will not be signing your termination agreement containing a non-disparagement clause. You can keep my severance." See:  A Digitized Staff Compliance Platform is a Must-Have She added: "Kickstarter's management continues to state ...
Read More
kickstarter acused of unionbusting - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
FCA | Sep 11, 2019 Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at the Cambridge Centre for Alternative Finance annual conference, Judge Business School. Highlights: The UK has led the rest of the world with developments like the regulatory Sandbox, we are very proud of what has been achieved through it. Early engagement is incredibly valuable for monitoring, supervisory and policy purposes. Working with innovative firms helps us achieve a better bird’s-eye view, enhancing our understanding when the overall landscape is blurry and ­changing quickly. 'Stablecoin' is a term that has been widely adopted by industry, but we do not take it to be a distinct category of cryptoassets. Something labelled as a 'stablecoin' could sit within or outside of our regulatory perimeter. Note: this is the speech as drafted and may differ from the delivered version. See:  FCA confirms new rules for P2P platforms Last month, Facebook announced its plans for Libra, the stablecoin it is planning to launch in conjunction with a number of payment and tech firms. As has been widely reported, along with other regulators and central banks, we have been discussing their plans with Facebook. If this comes ...
Read More
Christopher Woolard2 - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
NCFA Canada | Sep 13, 2019 JOIN US ON A STORYTELLING JOURNEY EVERY FRIDAY. Sep 13: Funding is Female with Jill Earthy EP37 GUEST: JILL EARTHY, Head of Female Funders (Linkedin) HOST: Manseeb Khan, Fintech Friday's show host BIO:  Jill Earthy is an entrepreneurially minded leader who believes diversity drives innovation. As Head of Female Funders (powered by Highine BETA), she is empowering female leaders to become investors in early stage companies. Her background includes being an entrepreneur, supporting entrepreneurs in various leadership roles and working as Chief Growth Officer of FrontFundr, an online investment platform. She is a community leader and active mentor, currently serving on the national Board of Sustainable Development Technology Canada and as Board Chair of the Women’s Enterprise Centre in BC, and as Co-Chair of We for She. Jill was recently recognized by the Canadian Centre for Diversity and Inclusion award as a Community Champion, by Business in Vancouver as an Influential Woman in Business and by WXN as one the Top 100 most powerful women in Canada in 2019. About this episode:  On this episode of NCFA'S Fintech Fridays Podcast, our host Manseeb Khan sits down with Jill Earthy the Head of Female Funders. The talk about what ...
Read More
FF EP37 female funders 1 - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
TechCrunch | Kate Clark | Sep 12, 2019 Affirm, founded by PayPal’s Max Levchin, is said to be raising as much as $1.5 billion in a combination of debt and equity, according to people with knowledge of the company’s fundraising activities. Josh Kushner’s New York venture capital firm Thrive Capital is said to be leading the financing, with participation from the San Francisco outfit Spark Capital. Affirm declined to comment. Representatives of Thrive and Spark, existing Affirm investors, have not responded to a request for comment. Sources familiar with Affirm, which gives consumers an alternative to personal loans and credit by financing online purchases at point-of-sale, presume the round will be made up largely of a line of credit from a large financial institution, known as a warehouse facility. Affirm recently raised a $300 million Thrive-led Series F round in April at a valuation of $3 billion. Fintech companies focused on payments and lending, however, require a vast amount of capital to sustain operations. Those capital requirements coupled with the frothiness of the venture capital market justify this additional cash infusion. To date, Affirm has raised $1.03 billion in funding from Ribbit Capital, Founders Fund, Andreessen Horowitz, Khosla Ventures, Lightspeed ...
Read More
max levchin - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech

 

Announcing New FFCON19 Keynote Apr 3: JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments

Jon Medved, CEO OurCrowd will make a special appearance and deliver a keynote at FFCON19 on April 3 at Gowling WLG (Canada) LLP.  Jon originally spoke at this same conference back in 2015 when it was called CCS (Canadian Crowdfinance Summit). 
 
Jon medved ourcrowd - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments Since then OurCrowd has reached a new milestone: The global equity crowdfunding platform announced it reached $1 billion in commitments in six years. During the OurCrowd Global Investor Summit in Jerusalem on Thursday, founder and CEO Jon Medved said the company now counts 170 startups, 18 funds, and 29 exits.
 

While many of its startups are based in Israel, OurCrowd’s network of 30,000 registered investors hail from over 150 countries (although primary investors are based in the United States). Members average seven investments, with a portfolio size of over $350,000.

“Our portfolio is, by design, quite diverse,” Medved said during a press conference. “We have companies that run the gamut from drones to agtech, from cybersecurity to food technology, to consumer software and medical products, digital health, and big cloud data.”

Notable OurCrowd exits in 2018 include dual camera technology producer Corephotonics (by Samsung), electric scooter startup Jump Bikes (by Uber), and computer vision firm Invertex acquisition (by Nike).

 

'He's truly a money magnet, if you're interested in raising capital for early stage tech start-ups across all sectors, this is a talk you don't want to miss.'  Craig Asano, NCFA

 

Source:  NCFA

 


NCFA Jan 2018 resize - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

Latest news - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in CommitmentsFF Logo 400 v3 - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitmentscommunity social impact - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments
NCFA Fintech Confidential Issue 2 FINAL COVER - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments

McKinsey Global Institute | Sep 19, 2019 Asia is increasingly the center of the world economy. By 2040, the region could account for more than half of global GDP and about 40 percent of global consumption. Global cross-border flows are shifting towards Asia on seven of eight dimensions, and the region’s growth is becoming more broad-based and sustainable as its constituent economies increasingly integrate with each other. This is a diverse region, but its different parts have complementary characteristics, and powerful networks are developing within Asia. Patterns of globalization are shifting, and these shifts are occurring faster in Asia than elsewhere, suggesting that more than any other region, Asia could shape the way globalization unfolds in the years to come. This new paper builds on the McKinsey Global Institute’s research on globalization in January 2019 by examining Asia’s rise on eight dimensions incorporating 16 types of flow, looking at the increasing integration of the economies of the region, and highlighting the development of three powerful new Asian networks: industrialization, innovation, and culture and mobility, and the rising cities that are pivotal components of those networks. The paper is one of a series on the Future of Asia, a multi-phase research project ...
Read More
Asian tiger - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments
Cambridge Alternative Finance Centre | Sep 19, 2019 The second edition of the Global Enterprise Blockchain Benchmarking Study provides new insights into the current state of the enterprise blockchain ecosystem. The study gathers survey data from 160 start-ups, established companies, central banks, and other public-sector institutions from 49 different countries worldwide. The empirical analysis specifically focuses on enterprise blockchain networks that have entered in production. Some Highlights from the report The banking, financial markets and insurance industries are responsible for the largest share of live networks: The trend indicated in 2017 has continued: 43 per cent of enterprise blockchain networks deployed in production can be attributed to Financial Services, far ahead of any other sector and industry. The specific use case of a network can be at times difficult to identify, but supply chain tracking, trading infrastructure, and document certification seem to currently dominate.   Companies and institutions from nearly every sector and industry of the global economy have been exploring the potential of blockchain technology in recent years. The Accommodation and Food Services as well as the Healthcare and Social Assistance sectors come at a distant second place with 6% of all networks each. Cost reduction is the main value ...
Read More
Cambridge Centre 2nd Enterprise Blockchain Benchmarking study - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments
Business Cloud | Alistair Hardaker | Sep 13, 2019 Only a few firms said they are now prepared for a potential crash out of the EU next month Most London FinTech firms are not prepared for the fallout of a no deal Brexit, says a new report. More than three quarters, (78 per cent) of firms surveyed by Innovate Finance said they were not prepared for Britain to leave the EU without a deal, and 45 per cent said they don’t feel prepared even if there is a transition period. The main concerns of a no-deal scenario shared by the FinTech firms were ‘passporting’, by which firms can apply for a ‘passport’ to do business throughout the EU, cross-border transactions, servicing EU clients and retaining and attracting new talent. The survey also reports that 38 per cent of FinTech say they have not taken any steps to prepare for Brexit, but the majoirty have begun tasks such as reviewing data processing, preserving talent and undertaking risk management procedures. See:  Europe’s fintech companies are preparing for a no-deal Brexit Who’s afraid of Brexit? Here’s why Canadian fintechs are flocking to London Charlotte Crosswell, CEO of Innovate Finance, said: “At this time ...
Read More
london tower bridge - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments
Financial Post | Julius Melnitzer | Sep 17, 2019 In a general sense, what the Bureau wants to know is whether the characteristics of certain digital markets favour concentration — a process called 'tipping' The Competition Bureau’s recent call to Canadians to flag anti-competitive conduct in the digital economy is raising eyebrows among industry professionals. Certainly, the Bureau’s consultation seems far more concrete than what is evident from the regulator’s statement that it “is examining concerns that certain digital markets have become increasingly concentrated.” “The Bureau is looking to collect information and understand facts to determine whether increased concentration is truly occurring,” says Anita Banicevic, a competition partner in Davies Ward Phillips & Vineberg LLP’s Toronto office. “But it’s also looking to see whether it should take enforcement actions and beyond that, a fairly open call for complaints on which to base such actions.” Although Banicevic acknowledges that the Bureau has “always been driven by complaints to a significant degree” and “does have the ability and resources to weed out the genuine complaints from those that are meritorious,” she still finds the call-out disquieting. “I remain concerned that the call for complaints is essentially a matter of looking for issues,” ...
Read More
big tech and competition bureau - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments
Globe and Mail | Lauren Robinson | Sep 12, 2019 Lauren Robinson is general partner at Highline BETA and executive director at Female Funders For decades the research has been clear: businesses benefit from gender diversity. Women are starting businesses at a faster rate than ever before, and leadership teams that include women provide better financial returns for investors. Investing in women is good for business. But for women founders looking to launch and scale successful businesses, access to capital remains a major barrier. There is consistent data showing that deal flow is often sourced from pre-existing networks. This explains why women entrepreneurs have a higher likelihood of closing an investment when a female investor is involved: venture firms are twice as likely to invest in women-led startups if they have at least one female partner on their team, and women angel investors place greater importance on the gender of the founders they are considering investing in. Women entrepreneurs are more likely to access capital when there are women making investment decisions. This is critical when funding for female founders is stalled at 2.2 per cent of the total invested in the United States. We can do better. Why venture ...
Read More
lauren robinson - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments
University of Pennsylvania | Wharton Knowledge | Sep 10, 2019 As the finance industry grapples with what the next generation of banks and payment systems will look like, it’s clear that partnerships are a linchpin for riding the wave of change successfully, whether you’re a multibillion-dollar traditional bank or a startup looking to bring cutting-edge technology into the mainstream. “The rails that these payment systems are built on date back 20-30 years – people are not starting to reinvent that alone; it isn’t an overnight thing – it’s incremental innovation adding up to something massive,” said Jennifer Lee, vice president focused on fintech at growth equity firm Edison Partners during the recent Fearless in Fintech conference at Wharton San Francisco. At the conference, which was co-sponsored by Knowledge@Wharton and Wharton Executive Education and organized by Momentum Event Group, Denise Leonhard, head of global credit expansion, business development and expansion at Paypal, used her company’s online payments system as an example of the challenges ahead. “We’ve built our infrastructure with all these different partners – payment networks, bank issuers … we’re all playing in a very messy soup,” she said. “What we’ve been building in the last 20 years has brought ...
Read More
future of fintech partnerships - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments
BBC | Sep 16, 2019 Kickstarter has been accused of "union-busting" after firing three employees. Taylor Moore, the company's head of comedy and podcasts, tweeted that he and another employee were fired on Thursday, while tech and design lead Clarissa Redwine was fired last week. All three were heavily involved in the formation of a Kickstarter union this year, Mr Moore added. Kickstarter confirmed the employees were fired, but denied that it was because of their union activity. Mr Moore tweeted that he had worked at the company for six years. He said that when Kickstarter fired him they "offered me no real reasons, but one month's severance for signing an NDA" - a non-disclosure agreement. "I will not be signing it." "The union busting campaign that Kickstarter management is engaging in is illegal and wrong," he added. "It is an unforgivable abandonment of the values of an organisation that I have loved and served with my whole heart." Ms Redwine also tweeted at the company, saying: "I will not be signing your termination agreement containing a non-disparagement clause. You can keep my severance." See:  A Digitized Staff Compliance Platform is a Must-Have She added: "Kickstarter's management continues to state ...
Read More
kickstarter acused of unionbusting - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments
FCA | Sep 11, 2019 Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at the Cambridge Centre for Alternative Finance annual conference, Judge Business School. Highlights: The UK has led the rest of the world with developments like the regulatory Sandbox, we are very proud of what has been achieved through it. Early engagement is incredibly valuable for monitoring, supervisory and policy purposes. Working with innovative firms helps us achieve a better bird’s-eye view, enhancing our understanding when the overall landscape is blurry and ­changing quickly. 'Stablecoin' is a term that has been widely adopted by industry, but we do not take it to be a distinct category of cryptoassets. Something labelled as a 'stablecoin' could sit within or outside of our regulatory perimeter. Note: this is the speech as drafted and may differ from the delivered version. See:  FCA confirms new rules for P2P platforms Last month, Facebook announced its plans for Libra, the stablecoin it is planning to launch in conjunction with a number of payment and tech firms. As has been widely reported, along with other regulators and central banks, we have been discussing their plans with Facebook. If this comes ...
Read More
Christopher Woolard2 - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments
NCFA Canada | Sep 13, 2019 JOIN US ON A STORYTELLING JOURNEY EVERY FRIDAY. Sep 13: Funding is Female with Jill Earthy EP37 GUEST: JILL EARTHY, Head of Female Funders (Linkedin) HOST: Manseeb Khan, Fintech Friday's show host BIO:  Jill Earthy is an entrepreneurially minded leader who believes diversity drives innovation. As Head of Female Funders (powered by Highine BETA), she is empowering female leaders to become investors in early stage companies. Her background includes being an entrepreneur, supporting entrepreneurs in various leadership roles and working as Chief Growth Officer of FrontFundr, an online investment platform. She is a community leader and active mentor, currently serving on the national Board of Sustainable Development Technology Canada and as Board Chair of the Women’s Enterprise Centre in BC, and as Co-Chair of We for She. Jill was recently recognized by the Canadian Centre for Diversity and Inclusion award as a Community Champion, by Business in Vancouver as an Influential Woman in Business and by WXN as one the Top 100 most powerful women in Canada in 2019. About this episode:  On this episode of NCFA'S Fintech Fridays Podcast, our host Manseeb Khan sits down with Jill Earthy the Head of Female Funders. The talk about what ...
Read More
FF EP37 female funders 1 - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments
TechCrunch | Kate Clark | Sep 12, 2019 Affirm, founded by PayPal’s Max Levchin, is said to be raising as much as $1.5 billion in a combination of debt and equity, according to people with knowledge of the company’s fundraising activities. Josh Kushner’s New York venture capital firm Thrive Capital is said to be leading the financing, with participation from the San Francisco outfit Spark Capital. Affirm declined to comment. Representatives of Thrive and Spark, existing Affirm investors, have not responded to a request for comment. Sources familiar with Affirm, which gives consumers an alternative to personal loans and credit by financing online purchases at point-of-sale, presume the round will be made up largely of a line of credit from a large financial institution, known as a warehouse facility. Affirm recently raised a $300 million Thrive-led Series F round in April at a valuation of $3 billion. Fintech companies focused on payments and lending, however, require a vast amount of capital to sustain operations. Those capital requirements coupled with the frothiness of the venture capital market justify this additional cash infusion. To date, Affirm has raised $1.03 billion in funding from Ribbit Capital, Founders Fund, Andreessen Horowitz, Khosla Ventures, Lightspeed ...
Read More
max levchin - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments

 

5th ANNUAL 2019 FINTECH & FINANCING CONFERENCE HOSTED BY NCFA AND PARTNERS

FEARLESS

 

Day(s)

:

Hour(s)

:

Minute(s)

:

Second(s)

APR 3-4 TORONTO

FINTECH 360. BLOCKCHAIN. AI CONFIDENTIAL.  FUNDING INNOVATION.  ALTERNATIVE FINANCE. GLOBAL EDUCATION. INDUSTRY WORKSHOPS. PITCHING. PRIME NETWORKING. AWARDS

Thanks to the CITY OF TORONTO for Sponsoring STARTUP DEALS to attend FFCON19!  Get one before they're gone...>95% SOLD Now

NCFA Announces Additions to Speaker Line-Up and Program for 5th Annual Fintech and Financing Conference in Toronto

FFCON19 bold visions on sale now

NCFA / Team FFCON19, March 19, 2019

FFCON19 FEARLESS to address the challenges and successes of entrepreneurs and innovators in the vanguard of transforming the financial industry

TORONTO, BC / ACCESSWIRE / March 19, 2019 / The National Crowdfunding & Fintech Association (NCFA), the non-profit cross-body organisation that promotes and supports fintech and funding throughout Canada, is proud to announce additions to the speaker line-up and programme for its flagship Fintech and Financing Conference - FFCON19: FEARLESS - taking place in Toronto April 3-4.

Now in its 5th year, FFCON19 will bring together prominent industry experts, entrepreneurs, professionals, regulatory bodies and ecosystem stakeholders in fintech, blockchain, crypto, AI, capital markets innovation and alternative finance to discuss Canadian fintech and its ability to innovate and globally compete, the latest industry developments, emerging regulation, trends and thought leadership in a fearless framework and forum.

The two-day event will feature inspiring keynote addresses and panel discussions with industry leaders, pitching competitions, awards, and prime networking opportunities.

Prominent speakers include The Honorable Bill Walker, Minister of Consumer and Government Services, Ontario, and steward of the Province's new Data policy; and Teri Kirk, Founder & CEO of Fundingportal who will discuss Open Data vs. Proprietary Data, examining public and private sector values, views, and issues.

Notable investors speaking at FFCON19 include Robert Antoniades General Partner and Co-Founder Information Venture Partners, Karim Gillani General Partner Luge Capital, Christian Lassonde Founder & Managing Partner Impression Ventures, Russell Samuels Partner Whitecap Venture Partners, and Sunil Sharma Managing Director Techstars Toronto.

''FFCON19 is very honoured to have such influential speakers at this year's conference,'' said Craig Asano, Founder and CEO of NCFA. ''FFCON is proving to be an increasingly important event for promoting innovation in the fintech and funding industry in Canada. The support and contributions of these authoritative leaders will serve to further advance innovation in the sector.''

Among the featured entrepreneurs and innovators sharing their FEARLESS strategies for innovation and growth are Anthony Di Iorio Co-Founder, Founder & CEO of Ethereum, and Jaxx & Decentral; Dr. Dan Rosen Chief Executive Officer d1g1t Inc., the enterprise financial technology company serving the wealth management industry; Eli Fathi President and CEO Mindbridge AI, recognised as a CIX Top 20 in 2017; and Toufi Saliba Founder and CEO TODA Network.

Keynotes and Program Speakers:

  • Hon. Bill Walker, Minister of Government and Consumer Services Ontario
  • Alan Wunsche, CEO & Chief Token Officer, TokenFunder
  • Ali Pourdad, CEO, Progressa
  • Andrew Dix, Co-Founder & CEO, Crowdfund Insider
  • Anthony Di Iorio, Founder & CEO, Decentral & Jaxx | Co-Founder, Ethereum
  • Bernd Petak, Investment Partner, Northmark Ventures
  • Brice Penaud, Founder & CEO, Commercial Passport
  • Bruce Silcoff, CEO, Shyft Network International
  • Bryan Uyanwune, Co-Founder & CIO, Korapay
  • Charlene Cieslik, Chief Anti Money Laundering Officer, Coinsquare
  • Denise Hearn, Co-Author, The Myth of Capitalism
  • Denise Weeres, Director, New Economy, Alberta Securities Commission
  • Dr Dan Rosen, CEO, d1g1t Inc.
  • Eli Fathi, CEO, Mindbridge AI
  • Eytan Bensoussan, Co-Founder & CEO, NorthOne
  • Hussein Hallak, CEO & Co-Founder, Next Decentrum
  • Iliana Oris Valiente, Managing Director, Canada, Innovation Hub & Blockchain Lead, Accenture
  • Jason Saltzman, Partner, Gowling WLG (Canada) LLP
  • Jennifer Reynolds, President & CEO, Toronto Finance International
  • Muhammad Rashid, Co-Founder & CEO, Moregidge
  • Peter-Paul Van Hoeken, Founder & CEO, FrontFundr
  • Robert Antoniades, General Partner & Co-Founder, Information Venture Partners
  • Russell Samuels, Partner, Whitecap Venture Partners
  • Safwan Zaheer, Head of Fintech (US), KPMG
  • Sharon Zohar, Founding Partner, The Big Push
  • Shidan Gouran, President, Global Blockchain Mining Corp.
  • Teri Kirk, Founder & CEO, Funding Portal
  • Toufi Saliba, Founder & CEO, TODA.network

The growing list of speakers can be found at the conference speaker page.

 

The Programme

Day 1 will feature an afternoon program of interactive sessions to discuss topics key to industry growth, regulatory challenges in fintech sectors, and advanced workshops such as applying design thinking to develop consumer-centric, data-driven products followed by a VIP networking reception at Gowling WLG (Canada) LLP.

Day 2 will feature the full day FFCON19 conference that showcases new technologies and fresh thinking around challenging topics from open banking, digital securities, crypto commodities and investment crowdfunding to the latest developments in AI finance models and enterprise blockchain adoption, use cases and projects. Twelve people's choice emerging fintech start-ups will pitch and the main stage will host a consultation with the Ontario Government, CSA Regulators and fearless dialogues on Canada's ability to innovate, compete, grow and sustain industry.

The full agenda can be accessed on the FFCON programme page and interested parties are invited to cast their vote for the most innovative emerging fintech start-ups they would like to see pitch on the main stage.

New for 2019

Building on the success of last year's sold-out conference, NCFA has expanded this year's program with the formal launch its inaugural Global Fintech Education program for entrepreneurs in conjunction with Next Decentrum Technologies. Attendees will get an exclusive first look at the program and VIP attendees will receive complimentary enrolment with conference registration.

Supporting Start-Ups

To promote innovation and funding for early stage companies FFCON19 is offering start-ups discounted tickets which can be applied for via this link:

Registration

Registration for FFCON19 is open. Learn more at https://fintechandfunding.com/tickets/

FFCON19 bold visions on sale now 1 - NCFA Announces Additions to Speaker Line-Up and Program for 5th Annual Fintech and Financing Conference in Toronto

Connect with us

Twitter | LinkedIn | Facebook

About the NCFA

The National Crowdfunding & Fintech Association (NCFA) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain and cryptocurrency, Regtech, and Insuretech sectors. To learn more about NCFA visit www.ncfacanada.org

 

About FFCON19: FEARLESS

FFCON19 (2019 Fintech and Financing Conference) is an annual conference hosted by Canada's National Crowdfunding and Fintech Association (NCFA). Now in its fifth year, FFCON19 will bring together professionals and innovators in fintech, blockchain, cryptocurrency, and alternative finance. The theme of FFCON19 is FEARLESS which exudes the boldness of the fintech space where small players are challenging orthodoxy, going against convention and transforming the financial industry with innovative models and thinking. The event is being held April 3-4 in downtown Toronto. #FFCON19

Further information about the conference can be found at www.fintechandfunding.com

 

FFCON19 Contacts:

Craig Asano
Founder and CEO, NCFA
casano@ncfacanada.org
(416) 618-0254

Partnership Inquiries
Lauren Linton Advisor, NCFA
lauren@ncfacanada.org
(416) 569-4349

 

Media Contact

Michele McDermott-Fox
The Top Floor Public Relations
pr@thetopflooragency.com
(905) 379-189

SOURCE: National Crowdfunding & Fintech Association of Canada

Want some credit for being in Fintech?

NCFA | FFCON19 Team | March 14, 2019

Official Rideshare Partner for FFCON19 resize - Want some credit for being in Fintech?

 

Want some credit for being in Fintech?

Things are tough out there for some parts of Fintech. If you are part of the ICO, blockchain economy for example, they tell you it’s winter. Those bear markets are tough.

It’s like Rodney Dangerfield used to say: No respect.

You just wish you could get some credit for your hard work and your groundbreaking innovation...

I’ve got some good news for you.

FFCON19: FEARLESS has partnered with a company that wants to give you the credit you deserve.

Well, $10 bucks worth on your next ride with our friends at Lyft. (No taxi for you!)

But only if you register and join us on April 3-4 in downtown Toronto.

FFCON19 is a fintech focused conference and expo with several special guests, an amazing lineup of speakers, many well known investors and investment opportunities galore through a pitching competition.

And guess what?

You can still get a discounted ticket. But you only have 2, that’s right, TWO days left.

This deal disappears on March 15, 2019.

So if you would like Lyft to give you a little fintech credit while networking, pitching, speaking, connecting and getting plugged in at FFCON19, you need to head over here: https://fintechandfunding.com/

 

Thanks for the Lyft!

Team FFCON19

 

5th ANNUAL 2019 FINTECH & FINANCING CONFERENCE HOSTED BY NCFA AND PARTNERS

FEARLESS

 

Day(s)

:

Hour(s)

:

Minute(s)

:

Second(s)

APR 3-4 TORONTO

FINTECH 360. BLOCKCHAIN. AI CONFIDENTIAL.  FUNDING INNOVATION.  ALTERNATIVE FINANCE. GLOBAL EDUCATION. INDUSTRY WORKSHOPS. PITCHING. PRIME NETWORKING. AWARDS

Thanks to the CITY OF TORONTO for Sponsoring STARTUP DEALS to attend FFCON19!  Get one before they're gone...>95% SOLD Now

FFCON19: FEARLESS | Apr 3-4, Toronto Canada – Fintech, Blockchain, AI, Funding Innovation and Alternative Finance Conference

LAUNCH.  BUILD.  CONNECT.  INVEST.  SCALE.

The National Crowdfunding & Fintech Association of Canada (NCFA) and partners are delighted to present the 2019 Fintech & Financing Conference and Expo (#FFCON19) taking place April 3-4, 2019 in downtown Toronto.  

In its 5th year, FFCON19 remains inclusive and one of the most engaging platforms in Canada for high growth and emerging startups-scaleups, professionals, regulatory bodies and ecosystem stakeholders to launch, build, connect, invest and scale the next generation of rising stars at the intersection of finance, technology, entrepreneurship and global digital markets.

The theme of FFCON19 is FEARLESS. The theme exudes the boldness of the fintech space where small players are challenging orthodoxy, going against convention and transforming the financial  industry with fresh insights and thinking.  Our mission is to drive all the advantages of technology to help transform the financial industry at home and abroad with innovative initiatives. This means an emphasis on network effects, collaboration, thinking strategically and bold visions with a global appeal. If you are a fintech, blockchain, peer finance, AI innovator, investor or a company actively raising capital or key decision maker/stakeholder in technology and capital markets innovation initiatives and programs, FFCON19 is a must attend event.

FFCON19 early pricing - FFCON19: FEARLESS | Apr 3-4, Toronto Canada - Fintech, Blockchain, AI, Funding Innovation and Alternative Finance Conference

VIP Ticket Registration includes Free access to the inaugural Global Fintech Program LEARN MORE

(UNTIL MARCH 15)

50+ SPEAKING AT FFCON19 (lots more to come...)

 

5th ANNUAL 2019 FINTECH & FINANCING CONFERENCE HOSTED BY NCFA AND PARTNERS

FEARLESS

 

Day(s)

:

Hour(s)

:

Minute(s)

:

Second(s)

APR 3-4 TORONTO

FINTECH 360. BLOCKCHAIN. AI CONFIDENTIAL.  FUNDING INNOVATION.  ALTERNATIVE FINANCE. GLOBAL EDUCATION. INDUSTRY WORKSHOPS. PITCHING. PRIME NETWORKING. AWARDS