Global fintech and funding innovation ecosystem

Category Archives: NCFA Blog

July 8, 2020   Digital Identity, Privacy, KYC, AML/ATF, FinTech and Alternative Finance, Fintech and Networking Events, Innovation and Resources, NCFA Blog, NCFA Press Releases, NCFA Supported Events   No comments

FFCON20 DIGITAL Attendees to Receive Exclusive Digital Icon and Early Access to Liquid Avatar

NCFA and FFCON20 | Release | July 8, 2020

FFCON20-Liquid_Avatar_pin_resizeTORONTO — July 8, 2020 — The National Crowdfunding & Fintech Association (NCFA), Toronto Finance International (TFI), and partners are pleased to announce that together with their sponsor, KABN Systems North America Inc. (“KABN”), attendees of FFCON20 DIGITAL, taking place from July 9 through August 27 inclusive, will receive an exclusive Liquid Avatar FFCON 20 iconic digital pin to celebrate their attendance at the event.

The FFCON20 digital pin is the first event pin offered by Liquid Avatar (www.liquidavatar.com) in support of its new app to power users to verify, manage and monetize their digital identity.

Liquid Avatar, a KABN product offering, provides users with the ability to verify, manage and control their digital identity through an easy to use app or web page. Using high quality icons, users can create their digital identity and verify themselves using KABN’s bank grade validation process and biometrics, supported by Blockchain technologies.

“We’re honored to be able to present our first Liquid Avatar event pin at FFCON 20 DIGITAL,” said Mr. Ben Kessler, CEO – KABN. “Liquid Avatar gives users control over the use of their digital identity and data providing them with the ability to share what they want, when they want and with whom they want, easily and efficiently, while protecting the use of their digital assets.”

Liquid Avatar creates a re-usable, always on, verified digital identity that can be used, together with the app’s “wallet” and “keyrings” for current and future digital credentials and to manage private and public data. Liquid Avatar is built to support a wide range of digital credentials, wallets and authentication processes, creating a potentially agnostic authenticated storage environment for the user.

“We’re very excited to work with the KABN team to provide attendees with the inaugural Liquid Avatar event pin with potential future value offerings from NCFA and its partners, and to commemorate FFCON20 DIGITAL, and what a transformative year 2020 has been for the digital economy and those on the RISE,” said Craig Asano, Founder and CEO – NCFA Canada. “Users will be able to claim their digital pin and gain early access to the Liquid Avatar app.”

KABN will be presenting Digital Identity and Convergence Marketplaces, as part of the FFCON20 DIGITAL programme on Thursday, August 6, 2020 at 2 pm Eastern. Attendees of that event will get additional Liquid Avatar rewards.

See:  Get tickets to FFCON20: DIGITAL RISE July 9 - August 27

 

Now in its 6th year, FFCON20 will be an online experience bringing together prominent industry experts, entrepreneurs, professionals, regulatory bodies and ecosystem stakeholders in fintech, digital identity, blockchain, crypto, AI, capital markets innovation and alternative finance to discuss innovation and Canada’s ability to compete and scale globally, the latest industry developments and emerging trends, regulation and thought leadership.

The theme of this year’s conference is ‘RISE’ reflecting the joint efforts of the two associations, NCFA and TFI, to build and increase the success and sustainability of Canada’s fintech and financial sector.

The Programme

Tickets include access to all eight weeks of FFCON20 DIGITAL

  • July 09: FFCON20 Kickoff | Scaling FinTech Funding, Innovation & Competition
  • July 16: Digital Banking, Open X, Future of PayTech
  • July 23: Sustainable Finance
  • July 30: Leadership & Adaptability
  • August 06: Digital Identity and Convergence Marketplaces
  • August 13: Currency Wars & The Rise of DeFi
  • August 20: Ai in FinTech: biased and in need of regulation?
  • August 27: The Biggest Debates in Fintech and Fintech Draft Finals | Official Close of FFCON20

The agenda can be accessed on the programme page.

Our Partners and Speakers

Some notable companies involved include: Exponential, KABN NA, Mavennet, The Finanser, eThereLive, The Top Floor, EQbank, CACHEFLO, Consilium Crypto, DUCA Impact Lab, Deloitte, FundRazr, Holt Accelerator, Lending Loop, Metaverse Foundation, Ledn, Portag3 Ventures, Senate of Canada, LQwD Financial Corp., Accenture, Clearbanc, Bitvo, Singularity Media, Northmark Ventures, Luge Capital, Crowdfund Capital Advisors, Engaiz, Finnovate.io, Senso, FundRazr, Brainfluence, Foxquiilt and Zensurance. The growing list of speakers can be found at the conference speaker page.

Registration Now Open

Registration for FFCON20 DIGITAL is open and tickets are available to one or all 8 weeks in the FFCON20 DIGITAL weekly event series and can be purchased at https://fintechandfunding.com/tickets/.

Useful Links

FFCON20 banners | logos | images
Website | Experience | Partners
Registration | Media Pass

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 Toronto Finance International

Toronto Finance International (TFI) is a public-private partnership between Canada’s three levels of government, the financial services sector and academia. TFI’s mission is to lead collective action that drives the competitiveness and growth of Toronto’s financial sector and establishes its prominence as a leading international financial centre. For more information, please visit: www.tfi.ca

About KABN Systems North America Inc.

KABN Systems North America Inc. focuses on the verification, management and monetization of digital identity, empowering users to control and benefit from its use of their online identity. KABN propriety technology suite includes 4 key products:

KABN ID is an Always On, biometric and blockchain based digital identity validation and verification platform allowing users to continuously and confidently prove themselves throughout the online community.

Liquid Avatar allows users to create high quality digital icons representing their online personas. These icons, in conjunction with KABN ID, allows users to use Liquid Avatars to share public and permission based private data when they want and with whom they want. www.liquidavatar.com

KABN Card is a Visa approved prepaid card program allowing users to manage both digital and fiat currencies and earn cashback and other loyalty incentives.

KABN KASH is a cashback, loyalty and engagement program that powers the KABN revenue ecosystem.

KABN provides its products and services at no cost to consumers and generates revenues through permission-based partner programs.

KABN Systems North America Inc. is the operating division of KABN Systems NA Holdings Corp., a publicly traded on the Canadian Securities Exchange under the symbol: KABN

For more information, please visit www.kabnnaholdco.com or www.kabnsystemsna.com

About FFCON

FFCON20 (2020 Fintech and Financing Conference) is an annual conference hosted by Canada’s National Crowdfunding and Fintech Association (NCFA). Now in its sixth year, FFCON20, held in association with Toronto Finance International, will bring together professionals and innovators in fintech, open banking, digital identity, blockchain, cryptocurrency, AI, capital markets innovation, sustainable and alternative finance. Further information about the conference can be found at www.fintechandfunding.com

FFCON20 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

View the original release here

 

Read More
July 7, 2020   FinTech and Alternative Finance, Fintech and Networking Events, NCFA Blog, NCFA Supported Events, Voices   No comments

FFCON20 DIGITAL: RISE Speakers Board –> Join Us for a Fintech Summer!

FFCON20 Digital – RISE_image

Attend One or All 8 Weekly FFCON20 Sessions!

Links:  Program | Speakers | Experience | Vote in Fintech Draft

Attend Week 1:  Thursday, July 9 from 1:45PM - 4:45PM EDT

Scaling Fintech Funding, Innovation and Competition

Attend this Session for $25!

(Expires July 7 midnight)

register now
FFCON20-DIGITAL-speaker-board-new-scaled

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

NCFA Financial Innovation MapNCFA Innovation Opportunity BriefsNCFA Fintech Insights

NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter

 

Read More
June 23, 2020   FinTech and Alternative Finance, Fintech and Networking Events, Fundraising, Investing, Trading, Innovation and Resources, NCFA Blog, NCFA Press Releases, Stories, Voices   No comments

Honourable Mary Ng, Minister Small Business, Export and International Trade, Supports FFCON20 DIGITAL’s Innovative Fintech Agenda

Ministry Small Business, Export and Promotion, International Trade | Minister Ng's Office | June 20, 2020

I want to send my sincere congratulations to the National Crowdfunding & Fintech Association of Canada (NCFA) and Toronto Finance International (TFI) on their 6th Annual Fintech and Financing Conference.

Canadians are innovative and entrepreneurial, and Canadian fintech firms and tech businesses are leading the charge when it comes to creating solutions to help Canadians at this extraordinary time.

From the beginning of this crisis, our government has listened and consulted with businesses and stakeholders from across the country – including fintech firms – to ensure we are responding to the real needs of Canadians.

To address the specific needs we heard from Canadian tech companies and high-growth firms, we invested $250 million for early-stage companies through the National Research Council of Canada’s Industrial Research Assistance Program.

We created capital matching programs that help innovative businesses cover their operating costs with the Business Development Bank of Canada (BDC) and Export Development Canada (EDC).

Over the last few months, we’ve seen many businesses adjusting their business models – finding new and innovative ways to connect with their customers at a distance through revamping their online presence or creating new digital apps. It’s this ingenuity that will help our economy restart and rebuild more quickly in the weeks and months to come.

See:  Vote on your favourite Fintech Draft companies | Save 30% off Tickets - Connect with Fintech Investors and Leaders

Together, our government and fintech businesses can help business owners, entrepreneurs, and all Canadians harness the full potential of the digital economy.

So as you listen and learn at this conference, know that we are committed to your success. We will continue to modernize our legislative and regulatory frameworks to encourage more innovation and emerging financial technologies.

You’re making Canada proud by solidifying our position as a world leader in innovation.

Sincerely,

The Honourable Mary Ng, P.C., M.P.

 

Download the letter (PDF): here

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

NCFA Financial Innovation MapNCFA Innovation Opportunity BriefsNCFA Fintech Insights
NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter

 

Read More
June 19, 2020   Entrepreneurs, Start-ups, Small Businesses, Equity Crowdfunding, Alternative Funding, FinTech and Alternative Finance, Fundraising, Investing, Trading, Innovation and Resources, NCFA Blog, Stories   No comments

After Crowdfunding on FrontFundr, the Very Good Food Company IPOs on Canadian Securities Exchange

Crowdfund Insider | JD Alois | Jun 19, 2020

Very good butchers win NCFA’s Vanfunding pitch event

Nov 2018: Very Good Butchers wins NCFA's VanFUNDING pitch event, closing their current round on the spot and receive a Dragons Den golden ticket!

The Very Good Food Company Inc. (CSE: VERY) has completed an initial public offering (IPO) on the Canadian Stock Exchange.

Mitchell Scott, CEO of VGF, issued the following statement on the successful listing:

“We were very pleased to see investors welcome our company to the public markets with open arms. After months of preparation for our public listing, we can all breathe a sigh of relief as the results of our first day truly exceeded our expectations. We are humbled to see customers become shareholders, as they look to align themselves with our vision. Yet, our work is far from done and we are focused on seizing on our momentum to grow the Very Good brand into a global leader in the plant-based food technology industry.”

VGF floated 16.1 million shares on the CSE at a price per share of $0.25 raising over $4 million in gross proceeds. Today, the shares are trading significantly higher at $0.92/share. Canaccord Genuity managed the offering and the banker was said to have exercised the over-allotment offering on the IPO.

See:  Vote for your favourite FFCON20 Fintech Draft Shotlisted companies!

Scott said the IPO was a critical milestone for the company as it seeks to realize their vision of becoming a global leader in food technology. Scott said they have seen significant growth in their eCommerce and in-store sales, including a rapid increase in subscriptions to their monthly recurring delivery service.

Two years ago, VGF raised capital on Canada’s top crowdfunding platform – FrontFundr. At that time, VGF raised $600,000 from 240 individual investors  in a three-year convertible note.

FrontFundr CEO and founder Peter-Paul Van Hoeken congratulated the Very Good Food Company with the successful completion of their IPO. Van Hoeken stated:

“Two years ago, The Very Good Food Company successfully raised capital on FrontFundr from the public and they are now one of the first plant-based food companies listed publicly in Canada. This is a great example of how equity crowdfunding enabled the public to invest at the very beginning and empowered the founders to build a remarkable company!”

Continue to the full article --> here

 

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

NCFA Financial Innovation MapNCFA Innovation Opportunity BriefsNCFA Fintech Insights
NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter

 

Read More
June 17, 2020   Blockchain, Crypto, Digital Assets, Tokens, CBDCs, Stablecoins, Metaverse, NFTs, Digital, NEO, Open Banking, Open Finance, Enterprise, Scaleup, Entrepreneurs, Start-ups, Small Businesses, Equity Crowdfunding, Alternative Funding, ESG, Financial Inclusion, Sustainable Finance, Fintech AI/ML, Data-driven, Automation, Generative AI, FinTech and Alternative Finance, Fintech International, Innovation and Resources, NCFA Blog, Online Funding / Investing Portals, Payments, Transfers, Rewards, Personal Finance, Research, Venture Funding and Building   No comments

Cambridge launches the Global Alternative Finance Industry Benchmark & Covid-19 Rapid Assessment Survey in Partnership with World Bank Group and World Economic Forum

Cambridge Centre for Alternative Finance | Tania Zielgar | Jun 17, 2020

Global Benchmarking and Covid-19 Survey BannerNCFA Intro:  NCFA is please to provide continued support as a National industry partner of the Cambridge Centre for Alternative Finance research initiatives in Canada.  It's absolutely essential that data and research be collected and anlayzed to help identify trends, inform policy and understand the state of industry during these times of global risk and innovative change.  We strongly advise all fintech firms, research partners and anyone who is able to help this important survey collection initiative by completing the survey and sharing it widely among your network.

Overview of the Global Alternative Finance Industry Benchmark & Covid-19 Rapid Assessment Survey

For the past several years, the CCAF has produced comprehensive industry-focused research on the evolution of alternative finance; documenting and analysing the development of Crowdfunding, P2P/Marketplace Lending and other FinTech markets from across 190 countries.

This year’s benchmarking survey will also include the recently launched The Global Covid-19 Fintech Market Rapid Assessment Study, in partnership with the World Bank Group and the World Economic Forum. The empirical data collected will be used to understand Covid-19’s impact on the FinTech markets, how the global FinTech industry has responded and some of the immediate regulatory and policy implications. This research program has resulted in 20 reports, which are disseminated freely to inform policy and raise public awareness of alternative finance. This research has provided unique detail and insight into the changing FinTech landscape, creating a valuable evidence-base for policymakers, regulators, and industry stakeholders to utilize when evaluating the FinTech ecosystem within their local context or from a globally comparative perspective.

The Fintech landscape is changing rapidly as a result of Covid-19. This report, and the historical data on this industry more broadly, provide signposts as to the general development trajectories of firms when faced with this pandemic, and where strengths and weakness may lie.

The survey will hence include two key components:
1.    Time-series data required to continue the CCAF long-standing tradition of benchmarking and scoping the industry (referring to your 2019 activities), and
2.    Covid-19 focused time-sensitive data on a) market performance, b) regulatory needs & policy asks, and c) operational changes & implications.

The long-term impact of Covid-19 is yet to be known. By coupling longitudinal data with this research initiative, we can begin to test the resiliency of this market and provide clear, evidence-based assessments on how the sector will continue to develop.

As with all our reports, the Global Covid-19 Fintech Market Rapid Assessment (anticipated publication Q3) and the Annual Global Alternative Finance Industry Report (Q4) will be made available to the public and actively disseminated to provide key insights to regulators, policymakers and key industry stakeholders.  

Cambridge global benchmarking survey taxonomy

Thanks in advance for your contribution to the study:  Take the Survey Now

https://jbs.eu.qualtrics.com/jfe/form/SV_7PRyNSA3B5IKIrX

The Covid-19 pandemic presents both serious challenges and potential opportunities for the global FinTech industry to grow and scale, with the long-term effects yet unknown. By coupling the CCAF’s longitudinal data with this exciting research initiative, we can begin to test the resiliency of this market and provide clear, evidence-based assessments on how the sector will continue to develop.

This Study will provide a global assessment of the FinTech ecosystem’s responses to the Covid-19 pandemic, with particular attention to the industry’s response to challenges and their regulatory and policy concerns.  This survey will result in a jointly published report between the CCAF, World Bank and World Economic Forum, and will be made available online.  You can find further information on the Study in the accompanying press-release.

The survey will close on July 31st. If you have any questions or comments, please feel free to contact the CCAF research team directly:  Tania Ziegler (t.ziegler@jbs.cam.ac.uk).

Take the survey now --> here

 

Other links you may like:

Cambridge Centre for Alternative Finance Publishes First Global Report on Alternative Finance: Over $300 Billion in Volume in 2018

Cambridge: Global Regulator Survey Results – Regulation of Alternative Finance is Key to Make Sector Safe to Scale for the Masses

 

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

NCFA Financial Innovation MapNCFA Innovation Opportunity BriefsNCFA Fintech Insights
NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter

 

Read More
June 16, 2020   Enterprise, Scaleup, Entrepreneurs, Start-ups, Small Businesses, FinTech and Alternative Finance, Fintech and Networking Events, Fundraising, Investing, Trading, Innovation and Resources, NCFA Blog, NCFA In The News, NCFA Press Releases, NCFA Supported Events, Press Releases   No comments

Sixth Annual Fintech & Funding Conference —FFCON20— Connects Fintech Community Thru Virtual Interactive Program

NetworkNewsWire | Jonathan Keim | June 16, 2020
FFCON20 banner image1
  • Virtual interactive forum on fintech issues & developments
  • Eight weeks, eight themes
  • Presentations from leading industry figures
  • Connecting entrepreneurs and investors
  • Networking opportunities galore

What could be more apposite than a virtual fintech conference? After all, digital technologies, including those related to finance, are part and parcel of the immense virtual world known as the internet. Without digital tech, it would be impossible for the Internet to even exist — and vice versa. So it should come as no surprise to entrepreneurs, investors and others to discover that this year the annual Fintech & Funding Conference, hosted by the National Crowdfunding & Fintech Association (“NCFA”) in conjunction with the Toronto Finance International (“TFI”), has a virtual interactive agenda. The online event — FFCON20 DIGITAL — will take place every Thursday afternoon at 2 p.m. ET from July 9 through Aug. 27.

See: Vote on your favourite FFCON20 Fintech Draft companies and see them Pitch & Demo July 9 - Aug 27

For each of the eight weeks, the event will focus on a different fintech theme. A global lineup of fintech’s finest will discuss their projects, as well as the latest trends in the space. Attendees will be treated to presentations from a number of notable companies and enjoy ample opportunity to network and engage with peers and presenters.

Since its debut in 2015, FFCON has been providing a platform for pioneers and innovators in the fintech space to share new ideas and insights with each other. The gathering has also developed into an important crucible in the fintech space, catalyzing and facilitating crucial relationships between entrepreneurs and investors. It’s no wonder, then, that FFCON has turned out to be one of Canada’s top tech-networking forums. This year’s FFCON20 DIGITAL is likely to be no different, for the overarching theme of the eight-week event is RISE.

The FFCON series of conference has, year after year, drawn professionals from around the world. Attendees can expect to meet and greet influential figures from diverse fields, including AI, blockchain and crypto, capital markets, digital banking, payments, peer-to-peer finance and wealth management. Participants find themselves in an environment designed to spur growth in the Canadian fintech industry and bring its markets to life.

FFCON event organizers believe that when open-minded and innovative professionals gather together in a convivial environment that fosters discussion and the sharing of ideas, opportunities naturally follow. As such, FFCON offers participants a wealth of opportunity to develop new leads, discover new market channels and forge partnerships around innovation, technology and financing outcomes.

See: Get Your Ticket to FFCON20 DIGITAL before Jun 30 and SAVE 30%

FFCON20 DIGITAL Weekly themes cover a heterogeneous array of industry issues, including the following:

  • July 09: FFCON20 Kickoff | Scaling FinTech Funding, Innovation and Competition
  • July 16: Digital Banking, Open X, Future of PayTech
  • July 23: Sustainable Finance
  • July 30: Leadership and Adaptability
  • August 06: Digital Identity and Convergence Marketplaces
  • August 13: Currency Wars and the Rise of DeFi
  • August 20: AI in FinTech: Biased and in Need of Regulation?
  • August 27: The Biggest Debates in Fintech (Rated X) | Official Close of FFCON20

The stellar lineup of speakers includes Robert Asselin, senior director of public policy at Blackberry; Pat Chaukos, deputy director of OSC LaunchPad; Elisabeth Laett, managing partner of the Xaphan Group; Dan Dickinson, senior vice president and CIO of EQ Bank and Alixe Cormick, president of Venture Law Corporation.

For more information, visit https://fintechandfunding.com.

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information, please visit https://www.NetworkNewsWire.com

register_now_button

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

NCFA Financial Innovation MapNCFA Innovation Opportunity BriefsNCFA Fintech Insights
NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter

 

Read More
June 11, 2020   FinTech and Alternative Finance, Fintech Services, Innovation and Resources, NCFA Blog, NCFA Press Releases, Press Releases   No comments

Hub & Company Joins NCFA as an Industry Partner

NCFA Canada | June 11, 2020

Hub and Co joins NCFA as an industry partner

TORONTO and WATERLOO, June 11, 2020:  The National Crowdfunding & Fintech Association of Canada (NCFA) is pleased to announce that Hub & Company has  joined NCFA as an industry partner.

NCFA's industry partners are builders, investors and  innovators who have  provided a significant level of service and/or contribution towards the sustainability and  growth  of NCFA and  related fintech  sectors globally. We encourage the fintech  ecosystem to support and  collaborate with NCFA's global  network  of industry  partners by engaging directly with their ventures of mutual interest.

Hub & Company, headquartered in Waterloo, is a venture studio and consultancy that helps you launch, grow or build your organization to attract the next generation of digital natives with integrated, analytical and unique strategies that promote hyper-virality and scale. Our team has extensive experience in growing brands, building products, and fundraising to meet the ever-evolving needs of new markets, platforms and channels.

"Amongst technologists it is clear that the world of digital finance is the future, the trouble lies in creating and communicating financial products that are relevant to consumers.”

               – Olivier Szczepaniak, Managing Partner, Hub & Company

 

"At it's core, Huband.co represent the future of your canvas.  A forward thinking and adaptable venture studio driven by Gen Z innovators and technologists...we're very excited to see where this partnership can go!"

               – Craig Asano, Founder and  CEO, NCFA

 

 

The best place to connect and get more information is at huband.co

hubandco home page

 

NCFA Interview with Olivier Szczepaniak, Managing Partner at Hub & Company

What excites you most about digital assets and decentralized finance?

It seems most of the innovations in the startup ecosystem could be classified as innovations of convenience. They tend to automate workers on the periphery doing menial tasks, digital assets, and decentralized finance can automate away the centre. Instead of putting the taxi drivers out of a job, digital assets and decentralized finance can put Uber out of a job and put the power into the hands of the taxi drivers. I find the potential of creating novel incentive structures most exciting.

 

Where do you see this industry going in 5-10 years?

There has been a tremendous amount of unbundling in the fintech space, everyone is now offering a bunch of different product lines, and around narrow wedges like payday loans and payment financing. I think we’re reaching a point where it will become overwhelming for consumers to keep up with 10 different apps to manage their money. Thus, I think there will be a re-bundling. It may look like something akin to a “super app,” like we see in the Asian market with Grab or Alipay. It could be the return of more robust personal finance management apps. Or it could happen through automation (ex. Tally which consolidates credit card debt). Fintech seems to be maturing and slowly becoming saturated. CAC is going through the roof, and mindshare is getting harder to come by. I believe that this will lead to the rise of embedded finance. Uber, SmileDirectClub, and Shopify are amongst the first to add financial products to their offering. However, flexible payments and insurance are the tip of the iceberg. I foresee brands like Nike or even Fortnite, that have a deep brand loyalty will start to become big players because they have a natural entry point. If more brands start adding fintech as a feature, all these companies will need infrastructure. I expect more investing dollars will go toward these companies that will help them manage compliance, fraud and other building blocks.

The big winners over the next 5-10 years will be companies who embrace the need for a better user experience for the end user, whether that be in international markets or domestically. Digital assets and democratized finance have come a long way, but the industry seems to just be warming up, and at Hub & Co we can’t wait to see where things go.

 

What are the biggest opportunities and challenges with Fintech in Canada and how can industry, government and key stakeholders best lead the way for a sustainable and successful future?

I’m long Canadian talent, short Canadian regulation. Our financial regulation is great for stability but often inhibits startups ability to move quickly. In a global competitive landscape this can be catastrophic. It would be great to see more innovation tracks in our regulatory system.

 

 

# # #

 

About NCFA

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. For more information, please visit: www.ncfacanada.org

About Hub & Company

Founded in 2019, Hub & Company is a venture studio and consultancy that works with companies looking to improve their bottom-lines, public images, corporate strategies, or products. We built our organization on the foundation of partnership and realized that with the collaboration of a large number of successful individuals, students, thought leaders, entrepreneurs and organizational strategists, we could help our clients grow quickly. For more information at Hub & Company, please visit: https://huband.co

 

 

NCFA Financial Innovation MapNCFA Innovation Opportunity BriefsNCFA Fintech Insights
NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter

 

Read More
« Older posts
Newer posts »