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

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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
FFCON19 Fearless team - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech

NCFA Canada | May 24, 2019 JOIN US ON A STORYTELLING JOURNEY EVERY FRIDAY. Ep32-May 24:  Rallying behind Bitcoin with Frederick T. Pye HOST: Manseeb Khan, Fintech Friday's show host GUEST:  FREDERICK T. PYE, President & CEO, 3iQ Corp (Linkedin) BIO:  Fred kick-started his career as a precious metal and foreign exchange trader at Guardian Trust. In 1986, they were the first to list gold, silver, and platinum certificates on the Montreal Stock Exchange. Fred later joined Fidelity Investments, where he was part of a team that saw its assets rise from 85 million to over 7.5 billion. Through the launch of creative and exotic investment products, Fred started his own firm, which worked diligently with Canadian regulatory bodies to establish the first mutual fund in Canada that was allowed to take short positions. Finally, as founder and CEO of 3iQ, he and his team have worked cooperatively with the OSC for the last 2 and a half years to launch the first regulated Bitcoin fund in Canada. This fund will be the first major exchange-traded cryptocurrency fund in North America. About this episode:  On this week's episode of NCFA's Fintech Friday Podcast, our host sits down with Frederick T. Pye from 3iQ. The chat ...
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FF EP32 Fred Pye banner - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Denise Hearn | Myth of Capitalism | May 24, 2019 Shivaun Moeran and her husband Adam Raff founded one of the most promising startups you’ve never heard of.  Adam managed Europe’s supercomputers used for weather forecasting and Shivaun managed software products for General Motors. While having a cigarette outside his office one day in 2006, Adam was struck with a brilliant idea. What if you could create an online search platform to find the best price for any product? It would aggregate specific information about category verticals, and nothing like it existed at the time. They quit their jobs, hired a team, and began beta testing. Their site, Foundem.com ranked well on Google and they were receiving a steady flow of traffic. However, a few days after the official site launch, visitors to the site disappeared and never came back. Upon investigation, they discovered that Google had updated their search ranking algorithm and had demoted the site, so it appeared on page 4 or even 170 of search results. Foundem had effectively disappeared from the internet – blacklisted. They suspected that they had been intentionally knocked out of the market and, after speaking with other entrepreneurs who had similar experiences, ...
Read More
future start - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
ATB Financial (Government of Alberta) | May 23, 2019 Crowdfunding and Crowdlending platform Opportunity Notice and Information Organization: ATB Financial Organization Address: Reference Number: AB-2019-03314 Solicitation Number: 20.06 Solicitation Type: Request for Information Posting (MM/dd/yyyy): 05/15/2019 03:49:51 PM Alberta Time Closing (MM/dd/yyyy): 05/31/2019 02:00:59 PM Alberta Time Last Update (MM/dd/yyyy): 05/15/2019 03:49:51 PM Alberta Time Agreement Type: Non-Applicable Region of Opportunity: Open Region of Delivery: Alberta Opportunity Type: Open & Competitive Commodity Codes: T005A: Graphic Design Services - including website Preview the RFI --> 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 ...
Read More
ATB financial RFI crowdfunding and crowdlending platform - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
The Next Web | Radek Zaleski | May 21, 2019 Are Europeans really coming? “The US market is vast. There are a lot of consumers in the US that use outdated technologies, and from that perspective we see huge potential here [in the US],” announced Nicolas Kopp, US CEO of N26, during a panel at Netguru’s Disruption Forum. Over the past few years, the fintech industry has started to prove that it can be a driving force to disrupt the financial services sector. Banks now have serious competition from tech-forward lending companies, transfer startups, personal finance and investment apps, and non-traditional banks. The majority of this activity has come from fintech companies in Europe. Why? See:  Canada’s financial upstarts are lining up behind open banking, but bigger players may need convincing Europe has led the charge in bridging the gap between older banking practices and rapidly advancing consumer technology. Some even estimate that these new challenger companies have taken up to one third (33%) of new revenue across the industry in Europe alone. When compared to the US, the difference is vast – the same report estimates that US fintechs have only captured just over 3% of the new revenue ...
Read More
european fintech expansion - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Financial Post | Bermuda Development Agency Release | May 15, 2019 NEW YORK — Bermuda highlighted its world-respected regulatory and legal framework for fintech business, as a delegation of government and industry experts returned for a second year to “Blockchain Week” in New York for Consensus 2019. Bermuda promoted its pioneering legal & regulatory framework for fintech startups during New York’s Blockchain Week, attending Consensus and an interview with @bloombergradio Premier David Burt, accompanied by Finance Minister Curtis Dickinson and Bermuda Business Development Agency CEO Andy Burrows, led a group of regulatory and industry representatives to the annual three-day midtown conference which attracted 4,500 attendees, including major sponsoring companies such as IBM, Deloitte, Microsoft, Citi, RBC and eBay. Along with a business development team from the BDA were Assistant Financial Secretary Stephen Gift, Chief Fintech Advisor to the Premier Denis Pitcher, and fintech experts from the Bermuda Monetary Authority (BMA), Deloitte Bermuda, PwC Bermuda, and global law firms Appleby, Conyers, and Walkers. See:  The Future of Government… in a Digital Age “Events like this are important because they bring a lot of the major players from well-established companies that are going to be the largest companies of the future,” said ...
Read More
Bermuda premier David Burt - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Koho Release | May 15, 2019 TORONTO, May 15, 2019 (GLOBE NEWSWIRE) -- KOHO announced today that it has closed a $42 million fundraising round led by Portag3 Ventures (“Portag3”), including Greyhound Capital and other strategic investors. The announcement comes as KOHO, a fintech company that offers Canadians an alternative to their traditional banking experience, continues to see rapid growth. In less than two years, KOHO has grown to over 120,000 accounts, moved their HQ to Toronto and released 43 new versions of the app. With over $500 million in annualized transactions and a KOHO card used every 4 seconds, KOHO has built a current account Canadians love (they boast a Net Promoter Score of 80 and App Store rating of 4.8/5 stars). “KOHO’s mission is to restore balance to Canadians by giving them control over their own finances. This new funding is both validation of what we’ve done and a vote of confidence for the work left to do,” said Daniel Eberhard, Founder and CEO of KOHO. Having raised $8 million from Portag3 in their Series-A funding round, KOHO is thrilled to continue the relationship with an investment from Portag3 Ventures LP II. See:  Banks’ Revenue Growth at Risk ...
Read More
Koho - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
NCFA Canada | May 14, 2019 JOIN US ON A STORYTELLING JOURNEY EVERY FRIDAY. Ep31-May 14:  Blockchain Law with Jason Saltzman About this episode: On this episode of the Fintech Friday's Podcast, our host Manseeb Khan sits down with Jason Saltzman partner at Gowlings WLG law firm. They chat about how to make your ICO compliant, Blockchain in law and how to create a business structure.  Enjoy! HOST: Manseeb Khan, Fintech Friday's show host GUEST:  JASON SALTZMAN, Partner, Gowling WLG (Canada) LLP (Linkedin) BIO:  Jason Saltzman is a partner in Gowling WLG (Canada) LLP’s Toronto office practising in corporate finance and securities law, with an emphasis on securities offerings, mergers and acquisitions, private equity and venture capital transactions and regulatory compliance matters.  Jason assists issuers, investment dealers, investment portals and institutional and private investors on complex equity and debt financing transactions, ranging from start-up investments, venture capital and private equity investments, to larger public offerings and project finance.  Jason has taken numerous companies public on the TSX, TSX Venture Exchange and Canadian Securities Exchange by IPO, reverse takeover, capital pool transactions and direct listings. He also advises securities dealers, advisers, investment fund managers and other market participants in connection with their ...
Read More
FF EP 31 Jason Saltzman resize - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Forbes | Billy Bambrough | May 13, 2019 Bitcoin has been soaring over the weekend, boosting most major cryptocurrencies including ethereum, litecoin, Ripple's XRP, EOS, and bitcoin cash—and adding some $25 billion to the overall cryptocurrency market capitalization since Friday morning, taking it over $200 billion of the first time this year. The bitcoin price is now trading at a little over $7,000 per bitcoin, after beginning the year at under $4,000, taking the total value of all bitcoins over $124 billion and making up 58% of the broader cryptocurrency market cap. Over the weekend some major bitcoin holders, known as whales, moved a staggering number of the digital tokens, potentially pushing the market higher, with the single biggest whale moving 47,000 bitcoin worth an eye-watering $343 million, according to data from Whale Alert, which tracks big cryptocurrency moves. Bitcoin whales have traded around 100,000 bitcoin over the weekend, with a total value of some $670 million dollars. Most of the bitcoin whales have been moving their holdings out of major cryptocurrency exchanges, with just a few of the biggest transactions over the weekend involving cryptocurrency wallets moving bitcoin to an exchange. Large bitcoin and cryptocurrency transactions can prop up the market, with ...
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Bitcoin May 2019 - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Coindesk | Yogita Khatri | May 10, 2019 Figure Technologies, a fintech startup founded by former SoFi CEO Mike Cagney, has closed a $1 billion “uncommitted” line of credit on a blockchain. Investment bank Jefferies and WSFS Financial Corporation, the parent of WSFS Bank, are the project’s participants, Figure announced Thursday. As part of the deal, Jefferies may periodically lend to Figure under a variable funding note, which is secured by Figure’s home equity lines. WSFS Financial is acting as trustee for Jefferies. Lines of credit have a maximum loan amount that can be borrowed as needed, paid back, and borrowed again. Figure’s financing facility is custodied on its own blockchain platform called Provenance, according to the announcement. See:  FaceCoin: Here’s What Facebook Could Build In Blockchain And Cryptocurrency The platform can support “the entire end-to-end financing of loans, from origination to funding to servicing to financing,” said Cagney, adding: “It paves the way for the first securitization on chain, which will demonstrate the massive cost savings, risk reduction and liquidity benefits blockchain delivers.” Brian McGrath, head of the securitized markets group at Jefferies, commented on using the blockchain: “We’ve gained full transparency into the underlying assets, real-time access to loan performance and ...
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ex sofi CEO closes 1 billion line of credit - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
PYMNTS | May 6, 2019 The suit can proceed. The news came Thursday (May 2) that, per a ruling in federal court in New York, the State Department of Financial Services can move forward with a suit that looks to derail national bank charters for FinTech companies. Judge Victor Marrero, presiding over the U.S. District Court for the Southern District of New York, said the case can proceed, a ruling that denied a dismissal of the suit requested by the Office of the Comptroller of the Currency (OCC). The New York department had argued that the OCC had stepped beyond its regulatory authority (and is misinterpreting the National Bank Act) when it had offered the “special purpose” charter in the middle of last year. The judge ruled that “such dramatic disruption of federal state relationships in the banking industry occasioned by a federal regulatory agency lends weight to the argument that it represents exercise of authority that exceeds what Congress may have contemplated in passing the NBA . Indeed, if DFS’ characterization of the impact is accurate – which the Court assumes, given the posture of this order … the OCC’s reading is not so much an ‘interpretation’ as ‘a fundamental ...
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Announcing New FFCON19 Keynote Apr 3: JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments

share save 171 16 - 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
FFCON19 Fearless team - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments

NCFA Canada | May 24, 2019 JOIN US ON A STORYTELLING JOURNEY EVERY FRIDAY. Ep32-May 24:  Rallying behind Bitcoin with Frederick T. Pye HOST: Manseeb Khan, Fintech Friday's show host GUEST:  FREDERICK T. PYE, President & CEO, 3iQ Corp (Linkedin) BIO:  Fred kick-started his career as a precious metal and foreign exchange trader at Guardian Trust. In 1986, they were the first to list gold, silver, and platinum certificates on the Montreal Stock Exchange. Fred later joined Fidelity Investments, where he was part of a team that saw its assets rise from 85 million to over 7.5 billion. Through the launch of creative and exotic investment products, Fred started his own firm, which worked diligently with Canadian regulatory bodies to establish the first mutual fund in Canada that was allowed to take short positions. Finally, as founder and CEO of 3iQ, he and his team have worked cooperatively with the OSC for the last 2 and a half years to launch the first regulated Bitcoin fund in Canada. This fund will be the first major exchange-traded cryptocurrency fund in North America. About this episode:  On this week's episode of NCFA's Fintech Friday Podcast, our host sits down with Frederick T. Pye from 3iQ. The chat ...
Read More
FF EP32 Fred Pye banner - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments
Denise Hearn | Myth of Capitalism | May 24, 2019 Shivaun Moeran and her husband Adam Raff founded one of the most promising startups you’ve never heard of.  Adam managed Europe’s supercomputers used for weather forecasting and Shivaun managed software products for General Motors. While having a cigarette outside his office one day in 2006, Adam was struck with a brilliant idea. What if you could create an online search platform to find the best price for any product? It would aggregate specific information about category verticals, and nothing like it existed at the time. They quit their jobs, hired a team, and began beta testing. Their site, Foundem.com ranked well on Google and they were receiving a steady flow of traffic. However, a few days after the official site launch, visitors to the site disappeared and never came back. Upon investigation, they discovered that Google had updated their search ranking algorithm and had demoted the site, so it appeared on page 4 or even 170 of search results. Foundem had effectively disappeared from the internet – blacklisted. They suspected that they had been intentionally knocked out of the market and, after speaking with other entrepreneurs who had similar experiences, ...
Read More
future start - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments
ATB Financial (Government of Alberta) | May 23, 2019 Crowdfunding and Crowdlending platform Opportunity Notice and Information Organization: ATB Financial Organization Address: Reference Number: AB-2019-03314 Solicitation Number: 20.06 Solicitation Type: Request for Information Posting (MM/dd/yyyy): 05/15/2019 03:49:51 PM Alberta Time Closing (MM/dd/yyyy): 05/31/2019 02:00:59 PM Alberta Time Last Update (MM/dd/yyyy): 05/15/2019 03:49:51 PM Alberta Time Agreement Type: Non-Applicable Region of Opportunity: Open Region of Delivery: Alberta Opportunity Type: Open & Competitive Commodity Codes: T005A: Graphic Design Services - including website Preview the RFI --> 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 ...
Read More
ATB financial RFI crowdfunding and crowdlending platform - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments
The Next Web | Radek Zaleski | May 21, 2019 Are Europeans really coming? “The US market is vast. There are a lot of consumers in the US that use outdated technologies, and from that perspective we see huge potential here [in the US],” announced Nicolas Kopp, US CEO of N26, during a panel at Netguru’s Disruption Forum. Over the past few years, the fintech industry has started to prove that it can be a driving force to disrupt the financial services sector. Banks now have serious competition from tech-forward lending companies, transfer startups, personal finance and investment apps, and non-traditional banks. The majority of this activity has come from fintech companies in Europe. Why? See:  Canada’s financial upstarts are lining up behind open banking, but bigger players may need convincing Europe has led the charge in bridging the gap between older banking practices and rapidly advancing consumer technology. Some even estimate that these new challenger companies have taken up to one third (33%) of new revenue across the industry in Europe alone. When compared to the US, the difference is vast – the same report estimates that US fintechs have only captured just over 3% of the new revenue ...
Read More
european fintech expansion - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments
Financial Post | Bermuda Development Agency Release | May 15, 2019 NEW YORK — Bermuda highlighted its world-respected regulatory and legal framework for fintech business, as a delegation of government and industry experts returned for a second year to “Blockchain Week” in New York for Consensus 2019. Bermuda promoted its pioneering legal & regulatory framework for fintech startups during New York’s Blockchain Week, attending Consensus and an interview with @bloombergradio Premier David Burt, accompanied by Finance Minister Curtis Dickinson and Bermuda Business Development Agency CEO Andy Burrows, led a group of regulatory and industry representatives to the annual three-day midtown conference which attracted 4,500 attendees, including major sponsoring companies such as IBM, Deloitte, Microsoft, Citi, RBC and eBay. Along with a business development team from the BDA were Assistant Financial Secretary Stephen Gift, Chief Fintech Advisor to the Premier Denis Pitcher, and fintech experts from the Bermuda Monetary Authority (BMA), Deloitte Bermuda, PwC Bermuda, and global law firms Appleby, Conyers, and Walkers. See:  The Future of Government… in a Digital Age “Events like this are important because they bring a lot of the major players from well-established companies that are going to be the largest companies of the future,” said ...
Read More
Bermuda premier David Burt - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments
Koho Release | May 15, 2019 TORONTO, May 15, 2019 (GLOBE NEWSWIRE) -- KOHO announced today that it has closed a $42 million fundraising round led by Portag3 Ventures (“Portag3”), including Greyhound Capital and other strategic investors. The announcement comes as KOHO, a fintech company that offers Canadians an alternative to their traditional banking experience, continues to see rapid growth. In less than two years, KOHO has grown to over 120,000 accounts, moved their HQ to Toronto and released 43 new versions of the app. With over $500 million in annualized transactions and a KOHO card used every 4 seconds, KOHO has built a current account Canadians love (they boast a Net Promoter Score of 80 and App Store rating of 4.8/5 stars). “KOHO’s mission is to restore balance to Canadians by giving them control over their own finances. This new funding is both validation of what we’ve done and a vote of confidence for the work left to do,” said Daniel Eberhard, Founder and CEO of KOHO. Having raised $8 million from Portag3 in their Series-A funding round, KOHO is thrilled to continue the relationship with an investment from Portag3 Ventures LP II. See:  Banks’ Revenue Growth at Risk ...
Read More
Koho - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments
NCFA Canada | May 14, 2019 JOIN US ON A STORYTELLING JOURNEY EVERY FRIDAY. Ep31-May 14:  Blockchain Law with Jason Saltzman About this episode: On this episode of the Fintech Friday's Podcast, our host Manseeb Khan sits down with Jason Saltzman partner at Gowlings WLG law firm. They chat about how to make your ICO compliant, Blockchain in law and how to create a business structure.  Enjoy! HOST: Manseeb Khan, Fintech Friday's show host GUEST:  JASON SALTZMAN, Partner, Gowling WLG (Canada) LLP (Linkedin) BIO:  Jason Saltzman is a partner in Gowling WLG (Canada) LLP’s Toronto office practising in corporate finance and securities law, with an emphasis on securities offerings, mergers and acquisitions, private equity and venture capital transactions and regulatory compliance matters.  Jason assists issuers, investment dealers, investment portals and institutional and private investors on complex equity and debt financing transactions, ranging from start-up investments, venture capital and private equity investments, to larger public offerings and project finance.  Jason has taken numerous companies public on the TSX, TSX Venture Exchange and Canadian Securities Exchange by IPO, reverse takeover, capital pool transactions and direct listings. He also advises securities dealers, advisers, investment fund managers and other market participants in connection with their ...
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FF EP 31 Jason Saltzman resize - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments
Forbes | Billy Bambrough | May 13, 2019 Bitcoin has been soaring over the weekend, boosting most major cryptocurrencies including ethereum, litecoin, Ripple's XRP, EOS, and bitcoin cash—and adding some $25 billion to the overall cryptocurrency market capitalization since Friday morning, taking it over $200 billion of the first time this year. The bitcoin price is now trading at a little over $7,000 per bitcoin, after beginning the year at under $4,000, taking the total value of all bitcoins over $124 billion and making up 58% of the broader cryptocurrency market cap. Over the weekend some major bitcoin holders, known as whales, moved a staggering number of the digital tokens, potentially pushing the market higher, with the single biggest whale moving 47,000 bitcoin worth an eye-watering $343 million, according to data from Whale Alert, which tracks big cryptocurrency moves. Bitcoin whales have traded around 100,000 bitcoin over the weekend, with a total value of some $670 million dollars. Most of the bitcoin whales have been moving their holdings out of major cryptocurrency exchanges, with just a few of the biggest transactions over the weekend involving cryptocurrency wallets moving bitcoin to an exchange. Large bitcoin and cryptocurrency transactions can prop up the market, with ...
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Bitcoin May 2019 - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments
Coindesk | Yogita Khatri | May 10, 2019 Figure Technologies, a fintech startup founded by former SoFi CEO Mike Cagney, has closed a $1 billion “uncommitted” line of credit on a blockchain. Investment bank Jefferies and WSFS Financial Corporation, the parent of WSFS Bank, are the project’s participants, Figure announced Thursday. As part of the deal, Jefferies may periodically lend to Figure under a variable funding note, which is secured by Figure’s home equity lines. WSFS Financial is acting as trustee for Jefferies. Lines of credit have a maximum loan amount that can be borrowed as needed, paid back, and borrowed again. Figure’s financing facility is custodied on its own blockchain platform called Provenance, according to the announcement. See:  FaceCoin: Here’s What Facebook Could Build In Blockchain And Cryptocurrency The platform can support “the entire end-to-end financing of loans, from origination to funding to servicing to financing,” said Cagney, adding: “It paves the way for the first securitization on chain, which will demonstrate the massive cost savings, risk reduction and liquidity benefits blockchain delivers.” Brian McGrath, head of the securitized markets group at Jefferies, commented on using the blockchain: “We’ve gained full transparency into the underlying assets, real-time access to loan performance and ...
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ex sofi CEO closes 1 billion line of credit - Announcing New FFCON19 Keynote Apr 3:  JON MEDVED, CEO OurCrowd Equity Crowdfunding portal with $1billion in Commitments
PYMNTS | May 6, 2019 The suit can proceed. The news came Thursday (May 2) that, per a ruling in federal court in New York, the State Department of Financial Services can move forward with a suit that looks to derail national bank charters for FinTech companies. Judge Victor Marrero, presiding over the U.S. District Court for the Southern District of New York, said the case can proceed, a ruling that denied a dismissal of the suit requested by the Office of the Comptroller of the Currency (OCC). The New York department had argued that the OCC had stepped beyond its regulatory authority (and is misinterpreting the National Bank Act) when it had offered the “special purpose” charter in the middle of last year. The judge ruled that “such dramatic disruption of federal state relationships in the banking industry occasioned by a federal regulatory agency lends weight to the argument that it represents exercise of authority that exceeds what Congress may have contemplated in passing the NBA . Indeed, if DFS’ characterization of the impact is accurate – which the Court assumes, given the posture of this order … the OCC’s reading is not so much an ‘interpretation’ as ‘a fundamental ...
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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

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

FFCON19 bold visions on sale now
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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

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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

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Succeeding in Fintech Means Being FEARLESS

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NCFA Global | Craig Asano | Feb 27, 2019

The NCFA Announces the 5th Annual Fintech and Financing Conference Toronto in April with Top Fintech thought leaders and a Global Fintech Program

Banner FINAL adjusted 800 - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech

TORONTO, ON / ACCESSWIRE / (February 27, 2019)  / The National Crowdfunding & Fintech Association of Canada (NCFA) and partners announced today the launch of the 5th Annual 2019 Fintech & Financing Conference (#FFCON19) to be held in downtown Toronto on April 3-4, 2019.

With more than $39B invested in 2018 across the world the Fintech space continues to attract healthy investment and attention from seasoned investors. With a multi-trillion dollar market to go after, Fintech has lots of room to grow and prosper in the years ahead.

At FFCON19, fintech specialists will gather with fintech entrepreneurs, investors and hungry growing ventures to network, connect, raise, listen to inspiring speakers and envision the future. Amongst the 750 attendees from a broad group of disciplines including technical specialists, regulatory experts, founders and financial institutions, there will be 12 pitching finalists competing for the inaugural people’s choice awards and the attention of investors.

“The theme of FFCON19 is FEARLESS, it represents the boldness of the fintech space where entrepreneurs and innovators are challenging financial orthodoxy and the mindset to overcome challenges,” said Craig Asano, CEO of NCFA Canada “the conference features fintech market leaders and experts who provide expert guidance on what is happening now and what the future could be.”

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

At FFCON19 the NCFA will also be announcing the launch of 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.

“Transforming the financial industry requires going against convention with fresh insights, innovative thinking, and robust frameworks,” said Hussein Hallak, CEO of Next Decentrum, “We are thrilled to be working with Craig and the NCFA team to provide access to a select group of industry’s leaders, successful entrepreneurs and global thinkers in the space through a global educational program”

With the Global Fintech Program professionals and executives will:

  • Learn the history and evolution of Fintech from the early years to the modern time and the current state of the Fintech industry and ecosystem.
  • Examine the factors behind the rise of Fintech and why it matters.
  • Explore the key building blocks and technology infrastructure of Fintech.
  • Learn how do Fintechs practice value creation using innovative customer-centric business and revenue models.
  • Discover the key drivers of fintechs success in better understanding their customers and improve their experience.
  • Examine the key trends shaping the industry and the path forward.

In addition to more than 50 speakers from Gowling WLG, Ethereum, BC Securities Commission, FrontFundr, Decentral, Alberta Securities Commission, Coinsquare, and KPMG, discussing the latest trends, innovation and thought leadership on Blockchain, Fintech, AI and Alternative Investing, FFCON19 also includes dragon's den style pitching, interactive sessions, lively panels, education workshops and prime networking time. There are still plenty of opportunities to get involved with the conference.

So what are you waiting for? To register for your spot (and find out if you are eligible for a discount) go to: https://fintechandfunding.com/

###

For more information please contact:

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

Hussein Hallak
Founder and CEO, Next Decentrurm Technologies Inc.
hussein@nextdecentum.com
(604) 719-5125

 

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 insurtech sectors.  Learn more about NCFA visit www.ncfacanada.org

 

About Next Decentrum

An education technology startup building education solutions that help professionals learn at the speed of the new economy and harness the power of emerging technologies and decentralized innovation.  Next Decentrum has launched Intro to Blockchain a blockchain training program for executives and non-technical professionals, FIN a blockchain training chatbot, and currently working on CXO.ai a technology platform empowering professionals to discover, learn and develop the next innovation using a cutting-edge education and training approaches.  Effortless, automated, and adaptive education re-imagined for breakthrough performance. To learn more about Next Decentrum visit www.NextDecentrum.com


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

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Denise Hearn | Myth of Capitalism | May 24, 2019 Shivaun Moeran and her husband Adam Raff founded one of the most promising startups you’ve never heard of.  Adam managed Europe’s supercomputers used for weather forecasting and Shivaun managed software products for General Motors. While having a cigarette outside his office one day in 2006, Adam was struck with a brilliant idea. What if you could create an online search platform to find the best price for any product? It would aggregate specific information about category verticals, and nothing like it existed at the time. They quit their jobs, hired a team, and began beta testing. Their site, Foundem.com ranked well on Google and they were receiving a steady flow of traffic. However, a few days after the official site launch, visitors to the site disappeared and never came back. Upon investigation, they discovered that Google had updated their search ranking algorithm and had demoted the site, so it appeared on page 4 or even 170 of search results. Foundem had effectively disappeared from the internet – blacklisted. They suspected that they had been intentionally knocked out of the market and, after speaking with other entrepreneurs who had similar experiences, ...
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ATB Financial (Government of Alberta) | May 23, 2019 Crowdfunding and Crowdlending platform Opportunity Notice and Information Organization: ATB Financial Organization Address: Reference Number: AB-2019-03314 Solicitation Number: 20.06 Solicitation Type: Request for Information Posting (MM/dd/yyyy): 05/15/2019 03:49:51 PM Alberta Time Closing (MM/dd/yyyy): 05/31/2019 02:00:59 PM Alberta Time Last Update (MM/dd/yyyy): 05/15/2019 03:49:51 PM Alberta Time Agreement Type: Non-Applicable Region of Opportunity: Open Region of Delivery: Alberta Opportunity Type: Open & Competitive Commodity Codes: T005A: Graphic Design Services - including website Preview the RFI --> 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 ...
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Financial Post | Bermuda Development Agency Release | May 15, 2019 NEW YORK — Bermuda highlighted its world-respected regulatory and legal framework for fintech business, as a delegation of government and industry experts returned for a second year to “Blockchain Week” in New York for Consensus 2019. Bermuda promoted its pioneering legal & regulatory framework for fintech startups during New York’s Blockchain Week, attending Consensus and an interview with @bloombergradio Premier David Burt, accompanied by Finance Minister Curtis Dickinson and Bermuda Business Development Agency CEO Andy Burrows, led a group of regulatory and industry representatives to the annual three-day midtown conference which attracted 4,500 attendees, including major sponsoring companies such as IBM, Deloitte, Microsoft, Citi, RBC and eBay. Along with a business development team from the BDA were Assistant Financial Secretary Stephen Gift, Chief Fintech Advisor to the Premier Denis Pitcher, and fintech experts from the Bermuda Monetary Authority (BMA), Deloitte Bermuda, PwC Bermuda, and global law firms Appleby, Conyers, and Walkers. See:  The Future of Government… in a Digital Age “Events like this are important because they bring a lot of the major players from well-established companies that are going to be the largest companies of the future,” said ...
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Koho Release | May 15, 2019 TORONTO, May 15, 2019 (GLOBE NEWSWIRE) -- KOHO announced today that it has closed a $42 million fundraising round led by Portag3 Ventures (“Portag3”), including Greyhound Capital and other strategic investors. The announcement comes as KOHO, a fintech company that offers Canadians an alternative to their traditional banking experience, continues to see rapid growth. In less than two years, KOHO has grown to over 120,000 accounts, moved their HQ to Toronto and released 43 new versions of the app. With over $500 million in annualized transactions and a KOHO card used every 4 seconds, KOHO has built a current account Canadians love (they boast a Net Promoter Score of 80 and App Store rating of 4.8/5 stars). “KOHO’s mission is to restore balance to Canadians by giving them control over their own finances. This new funding is both validation of what we’ve done and a vote of confidence for the work left to do,” said Daniel Eberhard, Founder and CEO of KOHO. Having raised $8 million from Portag3 in their Series-A funding round, KOHO is thrilled to continue the relationship with an investment from Portag3 Ventures LP II. See:  Banks’ Revenue Growth at Risk ...
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NCFA Canada | May 14, 2019 JOIN US ON A STORYTELLING JOURNEY EVERY FRIDAY. Ep31-May 14:  Blockchain Law with Jason Saltzman About this episode: On this episode of the Fintech Friday's Podcast, our host Manseeb Khan sits down with Jason Saltzman partner at Gowlings WLG law firm. They chat about how to make your ICO compliant, Blockchain in law and how to create a business structure.  Enjoy! HOST: Manseeb Khan, Fintech Friday's show host GUEST:  JASON SALTZMAN, Partner, Gowling WLG (Canada) LLP (Linkedin) BIO:  Jason Saltzman is a partner in Gowling WLG (Canada) LLP’s Toronto office practising in corporate finance and securities law, with an emphasis on securities offerings, mergers and acquisitions, private equity and venture capital transactions and regulatory compliance matters.  Jason assists issuers, investment dealers, investment portals and institutional and private investors on complex equity and debt financing transactions, ranging from start-up investments, venture capital and private equity investments, to larger public offerings and project finance.  Jason has taken numerous companies public on the TSX, TSX Venture Exchange and Canadian Securities Exchange by IPO, reverse takeover, capital pool transactions and direct listings. He also advises securities dealers, advisers, investment fund managers and other market participants in connection with their ...
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Forbes | Billy Bambrough | May 13, 2019 Bitcoin has been soaring over the weekend, boosting most major cryptocurrencies including ethereum, litecoin, Ripple's XRP, EOS, and bitcoin cash—and adding some $25 billion to the overall cryptocurrency market capitalization since Friday morning, taking it over $200 billion of the first time this year. The bitcoin price is now trading at a little over $7,000 per bitcoin, after beginning the year at under $4,000, taking the total value of all bitcoins over $124 billion and making up 58% of the broader cryptocurrency market cap. Over the weekend some major bitcoin holders, known as whales, moved a staggering number of the digital tokens, potentially pushing the market higher, with the single biggest whale moving 47,000 bitcoin worth an eye-watering $343 million, according to data from Whale Alert, which tracks big cryptocurrency moves. Bitcoin whales have traded around 100,000 bitcoin over the weekend, with a total value of some $670 million dollars. Most of the bitcoin whales have been moving their holdings out of major cryptocurrency exchanges, with just a few of the biggest transactions over the weekend involving cryptocurrency wallets moving bitcoin to an exchange. Large bitcoin and cryptocurrency transactions can prop up the market, with ...
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Coindesk | Yogita Khatri | May 10, 2019 Figure Technologies, a fintech startup founded by former SoFi CEO Mike Cagney, has closed a $1 billion “uncommitted” line of credit on a blockchain. Investment bank Jefferies and WSFS Financial Corporation, the parent of WSFS Bank, are the project’s participants, Figure announced Thursday. As part of the deal, Jefferies may periodically lend to Figure under a variable funding note, which is secured by Figure’s home equity lines. WSFS Financial is acting as trustee for Jefferies. Lines of credit have a maximum loan amount that can be borrowed as needed, paid back, and borrowed again. Figure’s financing facility is custodied on its own blockchain platform called Provenance, according to the announcement. See:  FaceCoin: Here’s What Facebook Could Build In Blockchain And Cryptocurrency The platform can support “the entire end-to-end financing of loans, from origination to funding to servicing to financing,” said Cagney, adding: “It paves the way for the first securitization on chain, which will demonstrate the massive cost savings, risk reduction and liquidity benefits blockchain delivers.” Brian McGrath, head of the securitized markets group at Jefferies, commented on using the blockchain: “We’ve gained full transparency into the underlying assets, real-time access to loan performance and ...
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ex sofi CEO closes 1 billion line of credit - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
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VanFUNDING Brings Leading Blockchain, FinTech, RegTech, and Capital Innovation Experts to Vancouver #VF2018

share save 171 16 - VanFUNDING Brings Leading Blockchain, FinTech, RegTech, and Capital Innovation Experts to Vancouver #VF2018

VANCOUVER, BC / ACCESSWIRE / November 15, 2018 / VanFUNDING 2018: CONVERGE, an annual innovation, technology and capital event organized by the National Crowdfunding and FinTech Association (NCFA), will take place in Vancouver on November 29-30 at Parq Vancouver.

300x250 - VanFUNDING Brings Leading Blockchain, FinTech, RegTech, and Capital Innovation Experts to Vancouver #VF2018

The event showcases leading technologies and experts in blockchain, fintech, artificial intelligence and alternative finance that are making an impact on Canada, the capital markets and the world.

The event will feature over 50 speakers including Monique Morden, CEO of Judi.ai; Brady Fletcher, Managing Director, TSX Venture Exchange at TMX Group; Toufi Saliba, CEO of Toda.Network; Mark Wang, Director of Capital Market Regulation, BC Securities Commission; Paul Schulte, Managing Editor, Schulte Research; Rojin Nair, General Manager Fintech Solutions for Celero and more.

The event will also feature its annual pitching program that will award three "Front of the Line"Dragon's Den Golden Tickets and other prizes to the winning startups. Startups selected to pitch include Flux Network, Capiche Capital Technologies, Very Good Butcher, Squamish Canyon, Drive Hockey, Veme, Moca Estimator, Symend and HeyBryan.

As NCFA Canada CEO, Craig Asano states, ''We are witnessing unprecedented change that is already affecting our daily lives - how we interact with financial services, generate digital wealth, invest, evaluate, consume, vote, store, transfer, and purchase anything of value.''

The past year has been saturated with news about blockchain's capabilities and its potential to vastly alter traditional financial ecosystems. However, as Toufi Saliba, CEO of TODA Network, notes, ''The global penetration of [this technology] is less than 0.2 per cent, of which, the vast majority of blockchains are scams.'' While individuals should remain cautious about fraudulent businesses that have arisen from people looking to cash in on the hype, Saliba explains that the next wave of blockchain adoption and utilization will be ''like a tsunami, [where] you can partake in what's yet to be the most disruptive technology in human history, or ignore it and get disrupted."

This year's theme, CONVERGE, immerses participants in content covering new capital market innovation, decentralized models, computer intelligence, infrastructure, alternative investment opportunities and the evolution of the ICO and security token offering (STO).

''The ICO market has shifted towards securitized token offerings and we are pleased to be at the forefront of this change and enabling a true security token standard with Etherparty, which offers AML KYC controls on assets that are issued from financial institutions or companies looking to raise funds through equity financing,'' said Lisa Cheng, Founder and Head of R&D for Vanbex Group.

Save your spot: http://vanfunding.com/

Link to video: watch here

VanFUNDING wouldn't be possible without the generous support of The National Crowdfunding & Fintech Association of Canada (NCFA), Toda.Network, Judi.ai, Vanbex Group, Northern Block, FrontFundr, REITIUM, FintruX, Holt Accelerator, TIMIA Capital, JJ Human Capital, Schulte Research and more.

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, cryptocurrency, regtech, and insurtech sectors. Learn more About Us or visit www.ncfacanada.org.

Media Contact:

Brittany Whitmore
Exvera Communications Inc.
Brittany@exvera.com

SOURCE: National Crowdfunding Association of Canada

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NetworkNewsWire Announces Collaboration with VanFUNDING 2018 as Official Social Media Sponsor

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Newswire Release | Nov 15, 2018

VF and NNW - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in FintechNEW YORK, Nov. 15, 2018 (GLOBE NEWSWIRE) -- via NetworkWire -- NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company, today announces its participation in the upcoming VanFUNDING 2018: CONVERGE (#VF2018) conference, taking place Nov. 29-30, 2018, at the JW Marriott Parq Vancouver in Vancouver, B.C. NetworkNewsWire is the official social media sponsor of this leading fintech and capital conference, which will explore the explosive growth currently happening relative to blockchain, AI, fintech and funding innovations, global market developments and alternative investing opportunities.

“Our team is proud to be chosen as the official social media sponsor of VanFUNDING 2018,” said Jonathan Keim, communications director for NetworkNewsWire. “We look forward to lending our expertise in promoting the conference to our 1.6+ million followers via dozens of investor-focused brands, helping greatly expand the reach of VanFUNDING 2018 and its sponsors and exhibitors.”

As part of its sponsorship, NNW is featuring VanFUNDING 2018 on its website and the website of its sister brand CryptoCurrencyWire. NNW is also providing a summary profile for each conference partner and disseminating these profiles through its many social channels and robust editorial syndication network with 5000+ outlets to help expand the reach of the event’s sponsors beyond the conference halls.

“NetworkNewsWire is a leading news and publishing entity within the financial world, and we are excited to be including its team of experts among our sponsors at this year’s event,” said Craig Asano, founder and CEO of the National Crowdfunding & Fintech Association of Canada (NCFA), the organizational body presenting VanFUNDING 2018. “Their impressive syndication network, robust following and vast expertise make them a valuable partner to help promote this year’s immersive conference.”

The theme of the expanded, fourth annual VanFUNDING conference is “CONVERGE,” which centers on immersion and building bridges to connect today’s most disruptive emerging technologies, capital market innovations and key stakeholders that are powering new global markets, new decentralized models, new forms of computer intelligence, new IP, new infrastructure and new alternative investment opportunities that encapsulate the vision of a Web 3.0. The conference is a not-to-be-missed event for any fintech innovator, investment professional, company actively raising capital and key decision maker/stakeholder in technology and digital finance. The world’s premier fintech leaders, investors and emerging innovators will be in attendance, as will policymakers and representatives from government regulatory bodies with an eye on the future of finance.

For more information about VanFUNDING 2018: CONVERGE, visit http://vanfunding.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. For more information, please visit https://www.NetworkNewsWire.com.

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer.

About VanFUNDING 2018

VanFUNDING 2018 is a not-to-be missed BLOCKCHAIN, FINTECH & FUNDING INNOVATION and ALT INVESTING conference that features high growth emerging technologies, regulations, game changing projects, the latest trends, deal flow, and investment opportunities. VF2018 brings markets to life with authentic dialogues and engaging stories that educate, inspire and resonate with innovative start-ups, scale-ups, investors, service providers, thought leaders, policy makers and financial institutions who are leading the next generation of finance. Connect with leading experts and learn how to build, buy or sell in Canada’s innovation finance markets. For more information, please visit: http://vanfunding.com.

About the National Crowdfunding & Fintech Association (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, 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.

Corporate Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

 


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

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NCFA Canada | May 24, 2019 JOIN US ON A STORYTELLING JOURNEY EVERY FRIDAY. Ep32-May 24:  Rallying behind Bitcoin with Frederick T. Pye HOST: Manseeb Khan, Fintech Friday's show host GUEST:  FREDERICK T. PYE, President & CEO, 3iQ Corp (Linkedin) BIO:  Fred kick-started his career as a precious metal and foreign exchange trader at Guardian Trust. In 1986, they were the first to list gold, silver, and platinum certificates on the Montreal Stock Exchange. Fred later joined Fidelity Investments, where he was part of a team that saw its assets rise from 85 million to over 7.5 billion. Through the launch of creative and exotic investment products, Fred started his own firm, which worked diligently with Canadian regulatory bodies to establish the first mutual fund in Canada that was allowed to take short positions. Finally, as founder and CEO of 3iQ, he and his team have worked cooperatively with the OSC for the last 2 and a half years to launch the first regulated Bitcoin fund in Canada. This fund will be the first major exchange-traded cryptocurrency fund in North America. About this episode:  On this week's episode of NCFA's Fintech Friday Podcast, our host sits down with Frederick T. Pye from 3iQ. The chat ...
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Denise Hearn | Myth of Capitalism | May 24, 2019 Shivaun Moeran and her husband Adam Raff founded one of the most promising startups you’ve never heard of.  Adam managed Europe’s supercomputers used for weather forecasting and Shivaun managed software products for General Motors. While having a cigarette outside his office one day in 2006, Adam was struck with a brilliant idea. What if you could create an online search platform to find the best price for any product? It would aggregate specific information about category verticals, and nothing like it existed at the time. They quit their jobs, hired a team, and began beta testing. Their site, Foundem.com ranked well on Google and they were receiving a steady flow of traffic. However, a few days after the official site launch, visitors to the site disappeared and never came back. Upon investigation, they discovered that Google had updated their search ranking algorithm and had demoted the site, so it appeared on page 4 or even 170 of search results. Foundem had effectively disappeared from the internet – blacklisted. They suspected that they had been intentionally knocked out of the market and, after speaking with other entrepreneurs who had similar experiences, ...
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ATB Financial (Government of Alberta) | May 23, 2019 Crowdfunding and Crowdlending platform Opportunity Notice and Information Organization: ATB Financial Organization Address: Reference Number: AB-2019-03314 Solicitation Number: 20.06 Solicitation Type: Request for Information Posting (MM/dd/yyyy): 05/15/2019 03:49:51 PM Alberta Time Closing (MM/dd/yyyy): 05/31/2019 02:00:59 PM Alberta Time Last Update (MM/dd/yyyy): 05/15/2019 03:49:51 PM Alberta Time Agreement Type: Non-Applicable Region of Opportunity: Open Region of Delivery: Alberta Opportunity Type: Open & Competitive Commodity Codes: T005A: Graphic Design Services - including website Preview the RFI --> 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 ...
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ATB financial RFI crowdfunding and crowdlending platform - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
The Next Web | Radek Zaleski | May 21, 2019 Are Europeans really coming? “The US market is vast. There are a lot of consumers in the US that use outdated technologies, and from that perspective we see huge potential here [in the US],” announced Nicolas Kopp, US CEO of N26, during a panel at Netguru’s Disruption Forum. Over the past few years, the fintech industry has started to prove that it can be a driving force to disrupt the financial services sector. Banks now have serious competition from tech-forward lending companies, transfer startups, personal finance and investment apps, and non-traditional banks. The majority of this activity has come from fintech companies in Europe. Why? See:  Canada’s financial upstarts are lining up behind open banking, but bigger players may need convincing Europe has led the charge in bridging the gap between older banking practices and rapidly advancing consumer technology. Some even estimate that these new challenger companies have taken up to one third (33%) of new revenue across the industry in Europe alone. When compared to the US, the difference is vast – the same report estimates that US fintechs have only captured just over 3% of the new revenue ...
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Financial Post | Bermuda Development Agency Release | May 15, 2019 NEW YORK — Bermuda highlighted its world-respected regulatory and legal framework for fintech business, as a delegation of government and industry experts returned for a second year to “Blockchain Week” in New York for Consensus 2019. Bermuda promoted its pioneering legal & regulatory framework for fintech startups during New York’s Blockchain Week, attending Consensus and an interview with @bloombergradio Premier David Burt, accompanied by Finance Minister Curtis Dickinson and Bermuda Business Development Agency CEO Andy Burrows, led a group of regulatory and industry representatives to the annual three-day midtown conference which attracted 4,500 attendees, including major sponsoring companies such as IBM, Deloitte, Microsoft, Citi, RBC and eBay. Along with a business development team from the BDA were Assistant Financial Secretary Stephen Gift, Chief Fintech Advisor to the Premier Denis Pitcher, and fintech experts from the Bermuda Monetary Authority (BMA), Deloitte Bermuda, PwC Bermuda, and global law firms Appleby, Conyers, and Walkers. See:  The Future of Government… in a Digital Age “Events like this are important because they bring a lot of the major players from well-established companies that are going to be the largest companies of the future,” said ...
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Bermuda premier David Burt - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Koho Release | May 15, 2019 TORONTO, May 15, 2019 (GLOBE NEWSWIRE) -- KOHO announced today that it has closed a $42 million fundraising round led by Portag3 Ventures (“Portag3”), including Greyhound Capital and other strategic investors. The announcement comes as KOHO, a fintech company that offers Canadians an alternative to their traditional banking experience, continues to see rapid growth. In less than two years, KOHO has grown to over 120,000 accounts, moved their HQ to Toronto and released 43 new versions of the app. With over $500 million in annualized transactions and a KOHO card used every 4 seconds, KOHO has built a current account Canadians love (they boast a Net Promoter Score of 80 and App Store rating of 4.8/5 stars). “KOHO’s mission is to restore balance to Canadians by giving them control over their own finances. This new funding is both validation of what we’ve done and a vote of confidence for the work left to do,” said Daniel Eberhard, Founder and CEO of KOHO. Having raised $8 million from Portag3 in their Series-A funding round, KOHO is thrilled to continue the relationship with an investment from Portag3 Ventures LP II. See:  Banks’ Revenue Growth at Risk ...
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Koho - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
NCFA Canada | May 14, 2019 JOIN US ON A STORYTELLING JOURNEY EVERY FRIDAY. Ep31-May 14:  Blockchain Law with Jason Saltzman About this episode: On this episode of the Fintech Friday's Podcast, our host Manseeb Khan sits down with Jason Saltzman partner at Gowlings WLG law firm. They chat about how to make your ICO compliant, Blockchain in law and how to create a business structure.  Enjoy! HOST: Manseeb Khan, Fintech Friday's show host GUEST:  JASON SALTZMAN, Partner, Gowling WLG (Canada) LLP (Linkedin) BIO:  Jason Saltzman is a partner in Gowling WLG (Canada) LLP’s Toronto office practising in corporate finance and securities law, with an emphasis on securities offerings, mergers and acquisitions, private equity and venture capital transactions and regulatory compliance matters.  Jason assists issuers, investment dealers, investment portals and institutional and private investors on complex equity and debt financing transactions, ranging from start-up investments, venture capital and private equity investments, to larger public offerings and project finance.  Jason has taken numerous companies public on the TSX, TSX Venture Exchange and Canadian Securities Exchange by IPO, reverse takeover, capital pool transactions and direct listings. He also advises securities dealers, advisers, investment fund managers and other market participants in connection with their ...
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Forbes | Billy Bambrough | May 13, 2019 Bitcoin has been soaring over the weekend, boosting most major cryptocurrencies including ethereum, litecoin, Ripple's XRP, EOS, and bitcoin cash—and adding some $25 billion to the overall cryptocurrency market capitalization since Friday morning, taking it over $200 billion of the first time this year. The bitcoin price is now trading at a little over $7,000 per bitcoin, after beginning the year at under $4,000, taking the total value of all bitcoins over $124 billion and making up 58% of the broader cryptocurrency market cap. Over the weekend some major bitcoin holders, known as whales, moved a staggering number of the digital tokens, potentially pushing the market higher, with the single biggest whale moving 47,000 bitcoin worth an eye-watering $343 million, according to data from Whale Alert, which tracks big cryptocurrency moves. Bitcoin whales have traded around 100,000 bitcoin over the weekend, with a total value of some $670 million dollars. Most of the bitcoin whales have been moving their holdings out of major cryptocurrency exchanges, with just a few of the biggest transactions over the weekend involving cryptocurrency wallets moving bitcoin to an exchange. Large bitcoin and cryptocurrency transactions can prop up the market, with ...
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Coindesk | Yogita Khatri | May 10, 2019 Figure Technologies, a fintech startup founded by former SoFi CEO Mike Cagney, has closed a $1 billion “uncommitted” line of credit on a blockchain. Investment bank Jefferies and WSFS Financial Corporation, the parent of WSFS Bank, are the project’s participants, Figure announced Thursday. As part of the deal, Jefferies may periodically lend to Figure under a variable funding note, which is secured by Figure’s home equity lines. WSFS Financial is acting as trustee for Jefferies. Lines of credit have a maximum loan amount that can be borrowed as needed, paid back, and borrowed again. Figure’s financing facility is custodied on its own blockchain platform called Provenance, according to the announcement. See:  FaceCoin: Here’s What Facebook Could Build In Blockchain And Cryptocurrency The platform can support “the entire end-to-end financing of loans, from origination to funding to servicing to financing,” said Cagney, adding: “It paves the way for the first securitization on chain, which will demonstrate the massive cost savings, risk reduction and liquidity benefits blockchain delivers.” Brian McGrath, head of the securitized markets group at Jefferies, commented on using the blockchain: “We’ve gained full transparency into the underlying assets, real-time access to loan performance and ...
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ex sofi CEO closes 1 billion line of credit - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
PYMNTS | May 6, 2019 The suit can proceed. The news came Thursday (May 2) that, per a ruling in federal court in New York, the State Department of Financial Services can move forward with a suit that looks to derail national bank charters for FinTech companies. Judge Victor Marrero, presiding over the U.S. District Court for the Southern District of New York, said the case can proceed, a ruling that denied a dismissal of the suit requested by the Office of the Comptroller of the Currency (OCC). The New York department had argued that the OCC had stepped beyond its regulatory authority (and is misinterpreting the National Bank Act) when it had offered the “special purpose” charter in the middle of last year. The judge ruled that “such dramatic disruption of federal state relationships in the banking industry occasioned by a federal regulatory agency lends weight to the argument that it represents exercise of authority that exceeds what Congress may have contemplated in passing the NBA . Indeed, if DFS’ characterization of the impact is accurate – which the Court assumes, given the posture of this order … the OCC’s reading is not so much an ‘interpretation’ as ‘a fundamental ...
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Latest West Coast Tourism Location, Squamish Canyon, Opens Up Investment to the Community by Equity Crowdfunding to Create an All Ages All Weather Experience through Amazing Canyons and Waterfalls

share save 171 16 - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech

FrontFundr Release | Victoria Bennett | Oct 31, 2018

Squamish canyon 1 - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in FintechAs Squamish, on B.C.'s busy west coast, cements its reputation as the Outdoor Capital of Canada, it opens up a challenge, what do you do if you can't or don't want to do extreme sports?

SQUAMISH, BC, October 31, 2018 /24-7PressRelease/ -- Squamish sits between two of the biggest tourist destinations in Canada – Vancouver, B.C. and Whistler, B.C. and is quickly becoming a destination itself. The Squamish tourism market has been growing at an amazing rate, even faster than B.C.'s tourism market as a whole. In 2017, there was a total of 5,713,926 overnight international visitor arrivals to the province, including 3,691,074 visitors from the US, 1,277,878 from Asia Pacific. The government has been putting more and more resources into attracting tourists to this amazing part of the world and the investment is paying off – in B.C., the tourism gross domestic product grew more rapidly in 2016 than all other industries combined.

Many of the activities in and around Squamish are designed specifically for the extreme sports enthusiast and very able outdoors people, even the hiking is difficult. The Sea to Sky Gondola (constructed in 2014) is one of the only attractions in the Squamish area that caters to visitors of all abilities. Additional attractions and activities that all levels and abilities can enjoy are needed in this area, to address the surge in visits by local and international tourists. Robin Sherry, founder and project lead of Squamish Canyon has met with the different levels of government from the city to roads to parks and first responders and they are all struggling to keep up with the rate of tourism growth in the region. There is still a need for investment and support by the government to the Parks, but there is also a need for private industry to play its role.

See:  Join us Nov 29-30 at the 4th annual VanFUNDING 2018: CONVERGE conference!

As the area has grown through tourism the community has grown too and having alternative activities for both tourists and the community that are safe, all weather and all ages has become paramount.

Working closely with the logging community and industry in the area, Squamish Canyon is preserving 26 acres of forest and creating low impact activities including interpretive forest and canyon walks, playground and entertainment area. Five years in the planning, Sherry is working with local businesses and contractors with international and local experience to have Squamish Canyon ready to open in Summer, 2019.

Robin Sherry commented, "I've lived in Squamish for over ten years and seen the huge growth in tourism but also the growth in the town. I am very involved in the outdoor community, but I also want everyone to be able to participate in this stunning location. Participation means a number of things; to be able to walk safely through temperate rainforest and understand the history ,culture and ecology, to bring local businesses in as suppliers, to create meaningful jobs that enable people to live in Squamish and to open up the investment to the community, so people can benefit from revenues made by Squamish Canyon."

Squamish Canyon launched their equity crowdfunding campaign on Canada's largest investment crowdfunding platform, FrontFundr on Tuesday, October 30th. Canadians can invest from $250 on the platform. Prior to launch, nearly $300,000 has already been reserved by investors.

Key Data
- Approximately 7.6 million people drive the Sea to Sky Highway per annum; 60 – 70% of those are estimated to be visitors to the area.
- Squamish Canyon is located 65 km from Whistler BC, which sees approximately 2.7 million visitors annually.
- Squamish Canyon is nestled in the Coastal Mountains at the end of the Howe Sound surrounded by fjords and waterfalls in beautiful British Columbia, Canada. The canyon is a few minutes off the spectacular Sea to Sky Highway, close to the world famous Stawamus Chief (340,000 visitors annually), Shannon Falls Provincial Park (475,000 visitors annually) and the Sea to Sky Gondola (400,000 visitors annually).
- The Sea to Sky Gondola sees approximately 400,000 visitors annually and far exceeded its highest visitor projections in the first year of operations. An estimated 80% of gondola visitors were specifically coming to the area to ride the gondola and not just passing through on the way to Whistler (Kirby Brown, General Manager, Sea to Sky Gondola).
Squamish Canyon will be located 62 km from Capilano Suspension Bridge, North Vancouver, BC – over 800,000 visitors annually
- The focus for Tourism Squamish is currently on attracting multi-generational tourists from the Lower Mainland (Lesley Weeks, Executive Director of Tourism Squamish)

See:  Fans donate over $500K to Vancouver’s independent Rio Theatre so it can buy its own space

For more information or to arrange an interview contact Victoria Bennett victoria@bmwconsults.com (403) 589 7992

Full details of the offering can be found in the Offering Memorandum. This document is for information purposes only. Please consult your finance professional before making an investment.

Squamish Canyon is a proposed destination addressing the Sea to Sky Corridor's critical lack of engaging, safe, and fun experiences for visitors of all ages. British Columbia's Highway 99 from Horseshoe Bay to Lillooet (known as the Sea to Sky Highway) links Metro Vancouver with Whistler and Squamish, BC. It is one of the busiest tourist highways in Canada, with day parks along the route seeing up to 900,000 visitors per year. And for those without advanced abilities, it's a destination they cannot fully experience.

Mamquam Adventures Inc, a local company with world-class partners, is changing that, designing a year-round, all-weather experience; one that can be enjoyed by the local 'big kids', parents with toddlers, grandma and grandpa, and almost anyone in between on the Vancouver - Squamish - Whistler highway.

At Squamish Canyon, you will be immersed in the natural beauty of the place named "Mother of Wind", walking over waterfalls, along the edge of canyon walls, and through a majestic rainforest on boardwalks, bridges, and suspended walkways, an experience only a whitewater kayaker or climber could previously enjoy. Along the journey, visitors will learn about local ecosystems, glacial water systems, outdoor safety, the history of the land and the First Nations of the area, as well as safety and conservation.

Mamquam Adventures Inc. values environmental and social sustainability, public transparency, and accountability. The company intends to balance growth and purpose in creating Squamish Canyon. The project brings together industry and tourism, diversifying the economy of the area, and creating a place for the local community and visitors to revel in the natural, rustic beauty of Canada's outdoor recreation capital.

Squamish Canyon. A destination waiting.

Source:  view release


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
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NCFA Canada | May 24, 2019 JOIN US ON A STORYTELLING JOURNEY EVERY FRIDAY. Ep32-May 24:  Rallying behind Bitcoin with Frederick T. Pye HOST: Manseeb Khan, Fintech Friday's show host GUEST:  FREDERICK T. PYE, President & CEO, 3iQ Corp (Linkedin) BIO:  Fred kick-started his career as a precious metal and foreign exchange trader at Guardian Trust. In 1986, they were the first to list gold, silver, and platinum certificates on the Montreal Stock Exchange. Fred later joined Fidelity Investments, where he was part of a team that saw its assets rise from 85 million to over 7.5 billion. Through the launch of creative and exotic investment products, Fred started his own firm, which worked diligently with Canadian regulatory bodies to establish the first mutual fund in Canada that was allowed to take short positions. Finally, as founder and CEO of 3iQ, he and his team have worked cooperatively with the OSC for the last 2 and a half years to launch the first regulated Bitcoin fund in Canada. This fund will be the first major exchange-traded cryptocurrency fund in North America. About this episode:  On this week's episode of NCFA's Fintech Friday Podcast, our host sits down with Frederick T. Pye from 3iQ. The chat ...
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FF EP32 Fred Pye banner - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Denise Hearn | Myth of Capitalism | May 24, 2019 Shivaun Moeran and her husband Adam Raff founded one of the most promising startups you’ve never heard of.  Adam managed Europe’s supercomputers used for weather forecasting and Shivaun managed software products for General Motors. While having a cigarette outside his office one day in 2006, Adam was struck with a brilliant idea. What if you could create an online search platform to find the best price for any product? It would aggregate specific information about category verticals, and nothing like it existed at the time. They quit their jobs, hired a team, and began beta testing. Their site, Foundem.com ranked well on Google and they were receiving a steady flow of traffic. However, a few days after the official site launch, visitors to the site disappeared and never came back. Upon investigation, they discovered that Google had updated their search ranking algorithm and had demoted the site, so it appeared on page 4 or even 170 of search results. Foundem had effectively disappeared from the internet – blacklisted. They suspected that they had been intentionally knocked out of the market and, after speaking with other entrepreneurs who had similar experiences, ...
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future start - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
ATB Financial (Government of Alberta) | May 23, 2019 Crowdfunding and Crowdlending platform Opportunity Notice and Information Organization: ATB Financial Organization Address: Reference Number: AB-2019-03314 Solicitation Number: 20.06 Solicitation Type: Request for Information Posting (MM/dd/yyyy): 05/15/2019 03:49:51 PM Alberta Time Closing (MM/dd/yyyy): 05/31/2019 02:00:59 PM Alberta Time Last Update (MM/dd/yyyy): 05/15/2019 03:49:51 PM Alberta Time Agreement Type: Non-Applicable Region of Opportunity: Open Region of Delivery: Alberta Opportunity Type: Open & Competitive Commodity Codes: T005A: Graphic Design Services - including website Preview the RFI --> 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 ...
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ATB financial RFI crowdfunding and crowdlending platform - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
The Next Web | Radek Zaleski | May 21, 2019 Are Europeans really coming? “The US market is vast. There are a lot of consumers in the US that use outdated technologies, and from that perspective we see huge potential here [in the US],” announced Nicolas Kopp, US CEO of N26, during a panel at Netguru’s Disruption Forum. Over the past few years, the fintech industry has started to prove that it can be a driving force to disrupt the financial services sector. Banks now have serious competition from tech-forward lending companies, transfer startups, personal finance and investment apps, and non-traditional banks. The majority of this activity has come from fintech companies in Europe. Why? See:  Canada’s financial upstarts are lining up behind open banking, but bigger players may need convincing Europe has led the charge in bridging the gap between older banking practices and rapidly advancing consumer technology. Some even estimate that these new challenger companies have taken up to one third (33%) of new revenue across the industry in Europe alone. When compared to the US, the difference is vast – the same report estimates that US fintechs have only captured just over 3% of the new revenue ...
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european fintech expansion - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Financial Post | Bermuda Development Agency Release | May 15, 2019 NEW YORK — Bermuda highlighted its world-respected regulatory and legal framework for fintech business, as a delegation of government and industry experts returned for a second year to “Blockchain Week” in New York for Consensus 2019. Bermuda promoted its pioneering legal & regulatory framework for fintech startups during New York’s Blockchain Week, attending Consensus and an interview with @bloombergradio Premier David Burt, accompanied by Finance Minister Curtis Dickinson and Bermuda Business Development Agency CEO Andy Burrows, led a group of regulatory and industry representatives to the annual three-day midtown conference which attracted 4,500 attendees, including major sponsoring companies such as IBM, Deloitte, Microsoft, Citi, RBC and eBay. Along with a business development team from the BDA were Assistant Financial Secretary Stephen Gift, Chief Fintech Advisor to the Premier Denis Pitcher, and fintech experts from the Bermuda Monetary Authority (BMA), Deloitte Bermuda, PwC Bermuda, and global law firms Appleby, Conyers, and Walkers. See:  The Future of Government… in a Digital Age “Events like this are important because they bring a lot of the major players from well-established companies that are going to be the largest companies of the future,” said ...
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Bermuda premier David Burt - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Koho Release | May 15, 2019 TORONTO, May 15, 2019 (GLOBE NEWSWIRE) -- KOHO announced today that it has closed a $42 million fundraising round led by Portag3 Ventures (“Portag3”), including Greyhound Capital and other strategic investors. The announcement comes as KOHO, a fintech company that offers Canadians an alternative to their traditional banking experience, continues to see rapid growth. In less than two years, KOHO has grown to over 120,000 accounts, moved their HQ to Toronto and released 43 new versions of the app. With over $500 million in annualized transactions and a KOHO card used every 4 seconds, KOHO has built a current account Canadians love (they boast a Net Promoter Score of 80 and App Store rating of 4.8/5 stars). “KOHO’s mission is to restore balance to Canadians by giving them control over their own finances. This new funding is both validation of what we’ve done and a vote of confidence for the work left to do,” said Daniel Eberhard, Founder and CEO of KOHO. Having raised $8 million from Portag3 in their Series-A funding round, KOHO is thrilled to continue the relationship with an investment from Portag3 Ventures LP II. See:  Banks’ Revenue Growth at Risk ...
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Koho - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
NCFA Canada | May 14, 2019 JOIN US ON A STORYTELLING JOURNEY EVERY FRIDAY. Ep31-May 14:  Blockchain Law with Jason Saltzman About this episode: On this episode of the Fintech Friday's Podcast, our host Manseeb Khan sits down with Jason Saltzman partner at Gowlings WLG law firm. They chat about how to make your ICO compliant, Blockchain in law and how to create a business structure.  Enjoy! HOST: Manseeb Khan, Fintech Friday's show host GUEST:  JASON SALTZMAN, Partner, Gowling WLG (Canada) LLP (Linkedin) BIO:  Jason Saltzman is a partner in Gowling WLG (Canada) LLP’s Toronto office practising in corporate finance and securities law, with an emphasis on securities offerings, mergers and acquisitions, private equity and venture capital transactions and regulatory compliance matters.  Jason assists issuers, investment dealers, investment portals and institutional and private investors on complex equity and debt financing transactions, ranging from start-up investments, venture capital and private equity investments, to larger public offerings and project finance.  Jason has taken numerous companies public on the TSX, TSX Venture Exchange and Canadian Securities Exchange by IPO, reverse takeover, capital pool transactions and direct listings. He also advises securities dealers, advisers, investment fund managers and other market participants in connection with their ...
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FF EP 31 Jason Saltzman resize - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Forbes | Billy Bambrough | May 13, 2019 Bitcoin has been soaring over the weekend, boosting most major cryptocurrencies including ethereum, litecoin, Ripple's XRP, EOS, and bitcoin cash—and adding some $25 billion to the overall cryptocurrency market capitalization since Friday morning, taking it over $200 billion of the first time this year. The bitcoin price is now trading at a little over $7,000 per bitcoin, after beginning the year at under $4,000, taking the total value of all bitcoins over $124 billion and making up 58% of the broader cryptocurrency market cap. Over the weekend some major bitcoin holders, known as whales, moved a staggering number of the digital tokens, potentially pushing the market higher, with the single biggest whale moving 47,000 bitcoin worth an eye-watering $343 million, according to data from Whale Alert, which tracks big cryptocurrency moves. Bitcoin whales have traded around 100,000 bitcoin over the weekend, with a total value of some $670 million dollars. Most of the bitcoin whales have been moving their holdings out of major cryptocurrency exchanges, with just a few of the biggest transactions over the weekend involving cryptocurrency wallets moving bitcoin to an exchange. Large bitcoin and cryptocurrency transactions can prop up the market, with ...
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Bitcoin May 2019 - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
Coindesk | Yogita Khatri | May 10, 2019 Figure Technologies, a fintech startup founded by former SoFi CEO Mike Cagney, has closed a $1 billion “uncommitted” line of credit on a blockchain. Investment bank Jefferies and WSFS Financial Corporation, the parent of WSFS Bank, are the project’s participants, Figure announced Thursday. As part of the deal, Jefferies may periodically lend to Figure under a variable funding note, which is secured by Figure’s home equity lines. WSFS Financial is acting as trustee for Jefferies. Lines of credit have a maximum loan amount that can be borrowed as needed, paid back, and borrowed again. Figure’s financing facility is custodied on its own blockchain platform called Provenance, according to the announcement. See:  FaceCoin: Here’s What Facebook Could Build In Blockchain And Cryptocurrency The platform can support “the entire end-to-end financing of loans, from origination to funding to servicing to financing,” said Cagney, adding: “It paves the way for the first securitization on chain, which will demonstrate the massive cost savings, risk reduction and liquidity benefits blockchain delivers.” Brian McGrath, head of the securitized markets group at Jefferies, commented on using the blockchain: “We’ve gained full transparency into the underlying assets, real-time access to loan performance and ...
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ex sofi CEO closes 1 billion line of credit - NCFA 2019 Conference Closes with Renewed Focus on Fostering Innovation in Fintech
PYMNTS | May 6, 2019 The suit can proceed. The news came Thursday (May 2) that, per a ruling in federal court in New York, the State Department of Financial Services can move forward with a suit that looks to derail national bank charters for FinTech companies. Judge Victor Marrero, presiding over the U.S. District Court for the Southern District of New York, said the case can proceed, a ruling that denied a dismissal of the suit requested by the Office of the Comptroller of the Currency (OCC). The New York department had argued that the OCC had stepped beyond its regulatory authority (and is misinterpreting the National Bank Act) when it had offered the “special purpose” charter in the middle of last year. The judge ruled that “such dramatic disruption of federal state relationships in the banking industry occasioned by a federal regulatory agency lends weight to the argument that it represents exercise of authority that exceeds what Congress may have contemplated in passing the NBA . Indeed, if DFS’ characterization of the impact is accurate – which the Court assumes, given the posture of this order … the OCC’s reading is not so much an ‘interpretation’ as ‘a fundamental ...
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