2023 Fintech and Financing Conference & Expo

Category Archives: NCFA Supported Events

[Event Nov 23, 2022]: Rebuild Ukraine Business Conference 2022

Canada-Ukraine Chamber of Commerce | Oct 24, 2022

Rebuild ukraine business conference 2022 - [Event Nov 23, 2022]:  Rebuild Ukraine Business Conference 2022

Event Details

Date and Time: November 23rd, 2022 at 8:00 am – 7:00 pm 
 
Location: The Omni King Edward Hotel (37 King St E, Toronto, ON M5C 1E9)  

Cost: $150 + HST 

Description

The Canada-Ukraine Chamber of Commerce in partnership with the Business Council of Canada (BCC), Embassy of Ukraine in Canada, Embassy of Canada in Ukraine and the Ministry of Economic Development and Trade in Ukraine invite you to the Rebuild Ukraine Business Conference on November 23rd, 2022, at the Omni King Edward Hotel in Toronto.  

The Rebuild Ukraine Business Conference will showcase investment projects aimed at rebuilding and modernizing Ukraine in the agriculture, energy, construction/infrastructure, and digital sectors. It will also highlight the tools and instruments offered by Export Development Canada, European Bank for Reconstruction and Development, World Bank, and International Finance Corporation to support Canadian companies interested in investing in Ukraine.  

Conversations about rebuilding Ukraine have already started in Europe and the U.S. The time is ripe to start these conversations in Canada to give Canadian businesses the opportunity to be a part of the rebuilding process and to help Ukraine fight on the economic front.  

Event Partners

Embassy of Ukraine in Canada
Business Council of Canada
Ukraine Invest
Ministry of Economic Development and Trade of Ukraine
Ministry of Digital Transformation of Ukraine
CEO Club Ukraine
Embassy of Canada

Register for this event on Eventbrite --> here


NCFA Jan 2018 resize - [Event Nov 23, 2022]:  Rebuild Ukraine Business Conference 2022The 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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[FINTRAC 101 Presentation and Q&A, Jul 19 and 21]: For business engaged in crowdfunding platforms services

FINTRAC | Laura Colella | July 5, 2022

Fintrac - [FINTRAC 101 Presentation and Q&A, Jul 19 and 21]: For business engaged in crowdfunding platforms services

The recent amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations (PCMLTFR) and the Proceeds of Crime (Money Laundering) and Terrorist Financing Administrative Monetary Penalties (PCMLTFAMP) Regulations now cover crowdfunding platforms as money services businesses (MSBs) or foreign money services businesses (FMSBs) under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act.

Businesses engaged in crowdfunding platform services now have the following obligations:

  • Register with FINTRAC
  • Develop and maintain a compliance program
  • Carry out know your client requirements, including verifying the identity of persons and entities for certain activities and transactions
  • Keep certain records, including records related to transactions and client identification
  • Report certain transactions to FINTRAC

EVENT DATES and HOW TO REGISTER

July 19, 2022 at 2 p.m. ET (English presentation)

July 21, 2022 at 2 p.m. ET (French presentation)

Virtual format

To register or ask questions, please confirm your virtual attendance by emailing your RSVP to:  guidelines-lignesdirectrices@fintrac-canafe.gc.ca

Don't forget to specify English or French and/or the date you with to attend.  A meeting link will be sent a day before the presentation

Download PDF Agenda for more details --> here

 

You may like to read:

NCFA Response to FINTRAC’s ‘Knee Jerk’ Regulations Requiring Donation Crowdfunding Platforms to Register and Comply with AML/ATF Legislation

 


NCFA Jan 2018 resize - [FINTRAC 101 Presentation and Q&A, Jul 19 and 21]: For business engaged in crowdfunding platforms servicesThe 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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Loop to host contest for Canadian brands in collaboration with Startup CPG with winner to be carried in GoodGood locations across Toronto

Loop | Cato Pastoll | Jun 8, 2022

Startup CPG - Loop to host contest for Canadian brands in collaboration with Startup CPG with winner to be carried in GoodGood locations across Toronto

On June 22, 2022 Loop, the banking platform for international ecommerce brands, will be hosting the first ever in-person Canadian Startup CPG event for ecommerce and CPG brands to gather, share best practices and learn about solutions to help them grow.

During the event, startup CPG brands will have an opportunity to pitch their product with one company being selected to be carried across all of  GoodGoods Toronto locations. At a time when it’s more difficult than ever to acquire new customers online, GoodGood’s retail presence gives CPG brands access to a new channel to be discovered.

Get Tickets:  July 14 NCFA Event: Annual Fintech & Funding Summer Kickoff and Rooftop Patio Mixer

This event is the first of its kind in Canada and the Startup CPG community & Startup CPG hosts will select one winning brand to take their brand to the next level with retail distribution.

If you’d like to demo at the event join the CPG Slack  Channel  and reach out to community manager, Patricia Menegoto.

To learn more about the event, vist the  Eventbrite page.

 

Date/time

June 22, 2022 at 5:00pm EST

Address

Loop, 410 Adelaide St W Suite 500, Toronto ON M5V 1S8

 

Click for more event info and registration --> here


NCFA Jan 2018 resize - Loop to host contest for Canadian brands in collaboration with Startup CPG with winner to be carried in GoodGood locations across TorontoThe 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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July 14 NCFA Event: Annual Fintech & Funding Summer Kickoff and Rooftop Patio Mixer

NCFA Canada | Craig Asano | Jun 8, 2022

NCFA July 14 Summer Kickoff thanks to our event partners v2 800 - July 14 NCFA Event:  Annual Fintech & Funding Summer Kickoff and Rooftop Patio Mixer

 

PATIO TIME IS BACK!

Join the National Crowdfunding & Fintech Association of Canada, Liquid Avatar Technologies, Spaces, Gowling WLG, HyperCycle.ai, United Craft, GenBlock Financial, Finliti, Grant Thornton LLP, Take It Easy Group, and partners and Canada's leading Fintech & Funding community in the heart of trendy Queen West for an evening of celebration, reconnecting with peers, and prime networking mixer.

Launching, scaling or interested in disrupting the finance industry, raising capital or participating in Canada’s growing fintech, blockchain, crypto, web3/4/5, DAOs, digital assets, DeFi, AI, and open banking, sustainable finance, crowdfunding, payments, digital identity, and alternative investing sectors?

Here's a perfect opportunity to connect with stealth and emerging startups, scale-ups, and industry experts, and strategize with partners, pitch investors, and mingle with Toronto’s burgeoning fintech and funding ecosystem.

 

6TH ANNUAL SUMMER KICKOFF EVENT

Date:  THURSDAY, JULY 14, 2022

When:  Doors open 5:30PM to 9PM

Venue:  SPACES, 7th Floor Loft & Rooftop Patio

Where:  180 John Street, Toronto, ON M5T 1X5

 

WE OFFICIALLY KICKED OFF SUMMER IN STYLE!

 

Check out the photos below!  or view the full album here

 

MISSED SUMMER KICKOFF THIS YEAR?

WATCH THE VIDEO

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Four 30 jazz trio - July 14 NCFA Event:  Annual Fintech & Funding Summer Kickoff and Rooftop Patio Mixer
Game Face name - July 14 NCFA Event:  Annual Fintech & Funding Summer Kickoff and Rooftop Patio Mixer
DJ Ruupz - July 14 NCFA Event:  Annual Fintech & Funding Summer Kickoff and Rooftop Patio Mixer

June 9 Summer Kickoff United Craft collage - July 14 NCFA Event:  Annual Fintech & Funding Summer Kickoff and Rooftop Patio Mixer

 

This event is for entrepreneurs and investors in the Fintech, Blockchain, Digital Finance, Payments, Crypto, Web3/4/5, AI, and Alternative Investing Community AND all innovative companies raising capital

Innovators and investors interested in financial innovation, deal flow, networking and collaborating with startups, investors, angels, early stage-focused VC's and industry experts and developers in alternative finance, fintech, blockchain, crypto, metaverse, web3, defi, refi, cefi, challenger banks, payments, open finance, P2P crowdfinance, wealthtech, insurtech, regtech, digital marketing platforms, innovators, investors and entrepreneurs.

  • Women founders
  • Companies actively raising capital, seeking partners, investors, advsiors
  • Investors and syndicates interested in investing
  • Fintech advisors, consultants, and development experts (startups, institutions, researchers, academia, government)
  • Financial innovators and developers looking to partner or collaborate
  • High growth fintech start-ups (stealth mode) and scale-ups. Private or public.
  • Developers looking for opportunities and to connect with businesses
  • Funding platforms, dealers, providers and their client networks
  • Anyone interested in emerging fintech trends, regulations and industry developments

 


 

Event Host and Partners:

NCFA Jan 2018 resize - July 14 NCFA Event:  Annual Fintech & Funding Summer Kickoff and Rooftop Patio Mixer

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 and 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: ncfacanada.org

 


 

Spaces logo resize - July 14 NCFA Event:  Annual Fintech & Funding Summer Kickoff and Rooftop Patio Mixer

We believe work is about people and ideas. Our Spaces are inhabited by forward thinkers, innovators and game changers who are confident in achieving their goals. Whether you are a small business, entrepreneur or a corporate intrapreneur, at Spaces we help our community to expand their horizon.  Our free-spirited vibe attracts an energetic community of positive and open-minded business thinkers who love to meet new people. The full program of professional events and hospitality services, and the inspiring sophisticated European design of our business clubs, involves people in the buzz and energy of Spaces, and make them feel at home.  By creating dynamic workspaces with a unique and entrepreneurial spirit we help you think, create and collaborate while our friendly team sees to all of the background logistics and services. At Spaces we make sure that our community can focus on driving their business forward.

For more information, please visit:  SPACES

 


 

liquid avatar technologies - July 14 NCFA Event:  Annual Fintech & Funding Summer Kickoff and Rooftop Patio Mixer

Liquid Avatar Technologies Inc. focuses on the verification, management and monetization of Self Sovereign Identity, empowering users to control and benefit from the use of their online identity. The Liquid Avatar Mobile App, available in the Apple App Store and Google Play, is a verified Self Sovereign Identity platform that empowers users to create high quality digital icons representing their online personas. These icons allow users to manage and control their digital identity and Verifiable Access and Identity Credentials, and to use Liquid Avatars to share public and permission based private data when they want and with whom they want.

The Liquid Avatar Verifiable Credentials Ecosystem (LAVCE) has been developed to support all participants in a digital credential ecosystem, including the Holder, Issuer and Verifier, using state-of-the-art blockchain and open standards technologies initially as a node on the Indicio Network. The Company recently announced its LQID CARD, a unique US payment card, and the world's first Metaverse Rewards program. The LQID Card a cash back and reward program that has over 600 leading online merchants and is working to release its own branded network payment card. The Company's subsidiary, Oasis Digital Studios, is a creative and development agency that supports a wide range of artists, talent, and enterprises with Non-Fungible Token (NFT) solutions and has acquired 50% and controls the Aftermath Islands Metaverse program.

Liquid Avatar Technologies Inc. is publicly listed on the Canadian Securities Exchange (CSE) under the symbol "LQID" (CSE:LQID). The Company also trades in the United States, on the OTCQB under the symbol "LQAVF" and in Frankfurt under the symbol "4T51".

For more information, please visit:  Liquid Avatar Technologies

 


 

GWLG logo purple - July 14 NCFA Event:  Annual Fintech & Funding Summer Kickoff and Rooftop Patio Mixer

Gowling WLG is an international law firm created by the combination of Gowlings, a leading Canadian law firm, and Wragge Lawrence Graham & Co (WLG), a leading UK-based international law firm.  With more than 1,400 legal professionals in 19 cities across Canada, the UK, Continental Europe, the Middle East and Asia, Gowling WLG provides clients with top-tier legal advice at home and abroad in a range of areas.  Our clients have access to in-depth expertise and experience in key global sectors, including advanced manufacturing, energy, financial services, infrastructure, life sciences, natural resources, real estate and tech.  We see the world through our clients’ eyes, and collaborate across countries, offices, service areas and sectors to help them succeed – no matter how challenging the circumstances. Our culture is, above all, about people and teams, based on our belief in the power of relationships to deliver tangible business results.

For more information, please visit: Gowling WLG

 


 

Hypercycle - July 14 NCFA Event:  Annual Fintech & Funding Summer Kickoff and Rooftop Patio Mixer

Hypercycle is an initiative for a new layer 2 blockchain network designed to supply massively scalable, low-cost infrastructure for decentralized AI applications and other associated software. Hypercycle will operate as a sidechain of Cardano, one of the top chains globally, leveraging Cardano’s Hydra sidechain framework, along with SingularityNET’s “proof of reputation” methodology and core algorithms and data structures from the TODA ledgerless blockchain framework. The Hypercycle project will be led by TODA co-founder Toufi Saliba along with Dr. Goertzel and a team of technical experts drawn from the SingularityNET and TODA ecosystems.

For more information, please visit:  HyperCycle.ai  |  Download the Whitepaper

 


 

United Craft - July 14 NCFA Event:  Annual Fintech & Funding Summer Kickoff and Rooftop Patio Mixer

United Craft is an Ontario-based craft beverage company that is all about flavour innovation. We offer new flavours and styles of alcoholic beverages that suit today's lifestyles and emerging consumer preferences.

United Craft works with some of Ontario's best craft beverage producers to create natural, better-for-you recipes using unique combinations of hops, herbs, flowers, fruits, grains, specialty yeasts, and (new in 2022) nutrient-rich maple water. Our beverage offerings are all made in small batches and range from those with low alcohol and/or low sugar to traditional award-winning favourites as well as tasty seasonals flavoured with coffee, pecan, hibiscus, ginger, honey, blackberry, pineapple, peach and other popular fruits.

New for 2022 is Hail Caesar Korean BBQ (a vodka-based bold and tasty drink), Eden Grove Zero Sugar Apple Cider, Sip Elderflower Cherry and Juniper Line Maple Water Radlers, and Flair Los Sangria. YUP lager won the GOLD medal at the Canadian Brewing Awards and Tomorrow Brew Co's Honey Ginger Shandy and Coffee Milk Stout won GOLD at the Ontario Brewing Awards. Moi Mosa and Moi Jito are now top-selling malt-based radlers inspired by popular cocktails.

For more information, please visit:  United Craft


 

Finliti  - July 14 NCFA Event:  Annual Fintech & Funding Summer Kickoff and Rooftop Patio Mixer

Finliti is an immersive dimension where you will meet your financial self.  Through simulation missions, interactive quests, and narrative storytelling, you will explore your financial potential and join a community of knowledge-hungry investors.  Unlock exciting virtual lands, deep dive into complex financial concepts, and evolve your Faction Guide from civilian form to Wealth Warrior.  Our revolutionary Investor Risk Profile assigns you a Faction Guide, a customizable avatar whose stats develop simultaneously with your knowledge-base. You will leave Finlitiverse with tangible tools to implement in the real world.  Leave emotionally-charged decision-making behind, experience better judgement, and cut down time spent on investment research by 80%.

For more information, please visit:  Finliti

 


 

GenBlock financial 600 - July 14 NCFA Event:  Annual Fintech & Funding Summer Kickoff and Rooftop Patio Mixer

GenBlock Financial aims to bring all North American investors within the rapidly advancing decentralized financial space, with a focus on ease of access and compliance without compromising on security, privacy, or decentralization.

We aim to bridge the gap between the two worlds of traditional and decentralized finance – all under GenBlock and in collaboration with our global entity blockbank. A reliable, convenient and integrated toolset for your financial empowerment, topped-off with an AI financial companion to assist in your decision making.

For more information, please visit:  genblock.finance

 


 

Grant Thornton - July 14 NCFA Event:  Annual Fintech & Funding Summer Kickoff and Rooftop Patio Mixer

Grant Thornton LLP is a leading Canadian accounting and business advisory firm providing audit, tax and advisory services—locally and across Canada to dynamic privately owned, publicly listed and public sector organizations. We offer your organization the best of both worlds: a global outlook of what’s important plus our experience and insights in your local business market. We are dedicated to helping our clients, colleagues, and communities thrive.

For more information, please visit: Grant Thornton LLP

 


 

 
Take It Easy Group - July 14 NCFA Event:  Annual Fintech & Funding Summer Kickoff and Rooftop Patio Mixer

Founded in 2017, Take It Easy Group’s mission is to help your Seed & Series A start-up scale for success. Our team of experienced Executive Assistants are your strategic partners, with proven methods to keep your business organized and efficient, so you can focus on growth.

For more information, please visit:  Take It Easy Group

 


 

THANKS TO OUR COMMUNITY SUPPORTERS

NCFA Summer Kickoff Jul 14 Community Partners v5.1  - July 14 NCFA Event:  Annual Fintech & Funding Summer Kickoff and Rooftop Patio Mixer


 

 

Thanks for attending!

See you next summer

 

 

 

 

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Fintech Fridays EP57: 10 Years of Investment Crowdfunding: Past, Present & Future Since the JOBS Act

About NCFA Canada | Craig Asano | Apr 11, 2022

NCFA FF EP57 10 years of investment crowdfunding UPDATED resize 2 - Fintech Fridays EP57:  10 Years of Investment Crowdfunding:  Past, Present & Future Since the JOBS Act

Apr 8, 2022: NCFA's Fintech Fridays podcast episode 57

10 Years of Investment Crowdfunding: Past, Present & Future Since the JOBS Act

Host:

Craig Asano, Founder and CEO, NCFA Canada

Craig brings over 20 years of experience as a marketing strategist, software technologist and start-up entrepreneur in technology, finance, manufacturing and real estate sectors.  He founded the National Crowdfunding & Fintech Association of Canada (NCFA Canada), a nationally organized non-profit that is Canada’s dynamic and inclusive advocate for the advancement of fintech, open finance, capital markets innovation, digital assets and currencies, P2P, crowdfinance and emerging technologies such Blockchain and AI that are transforming the future of financial services. Craig advocated for and is a key contributor to the birth of disruptive online financing marketplaces, and the P2P Fintech economy in Canada.  Learn more about NCFA.

 

Featured Guests:

Peter-Paul Van Hoeken, Founder and CEO, FrontFundr

After a successful career in international banking, he immigrated to Canada in 2010 and chose the entrepreneurial path in finance and investing. He embarked on a mission to create the New Capital Market – Democratizing funding and investing in private companies.  In 2013, Peter-Paul founded FrontFundr to address the challenge that young companies face in generating capital and to unlock investing in private companies to the wider community, the public. FrontFundr is now Canada’s leading online funding and investment platform in the private capital markets.  For more info please visit the website.

Alan Wunsche, CEO and Chief Token Office, Tokenfunder

Alan started his career as a software developer/scientist and identified Ethereum early as a game-changer, and envisioned a decentralized future powered by blockchain.  He’s implemented enterprise technology-driven business transformations, and was a capital markets and credit risk systems executive at a global bank.  Alan founded Token Funder Inc., a Canadian leader in exempt market digital securities investing and trading, and is business building this venture.  He launched Canada's first regulatory-compliant security token on Ethereum public blockchain; 1st security token as an EMD (@TokenGX); 1st secondary market security token trading platform for private markets (FreedomX).  For more info please visit the website.

Alixe Cormick, President, Venture Law Corporation

Securities Lawyer and Advisor, Founder of Venture Law Corporation who works with privately-held and public companies, mergers and acquisitions, private placement investments, financial transactions, reverse mergers, initial public offerings and licensing matters, as well as general corporate matters.  For more info please visit the website.

Sherwood Neiss, Principal, Crowdfund Capital Advisors

Sherwood Neiss, is a Principal at Crowdfund Capital Advisors and a Partner at Crowd Capital Ventures. He’s a serial entrepreneur and investor and was instrumental in helping the JOBS Act get passed.  He created the first database that aggregates all online investment offerings under the JOBS Act including research and analysis of securities-based crowdfunding (used by the SEC and policy makers) and works to support local economies right across the United States.  For more info please visit the website.

Andrew Dix, Founder and CEO, Crowded Media Group LLC

Crowdfund Insider is the leading news and information web site covering the emerging global industry of disruptive finance including crowdfunding and peer-to-peer / marketplace lending. Recognizing the overlapping aspects of the new forms of finance, Crowdfund Insider’s coverage includes both rewards and investment based segments of crowdfunding. The site provides extensive coverage, and industry leading perspective, from a team of staff writers and leading industry expert contributors from around the world.  For more info please visit the website.

Kim Wales, Founder and CEO, CrowdBureau Corp

Kim Wales is a securities-based crowdfunding, P2P online lending, and digital banking pioneer. She brings a deep and broad background in corporate governance, risk management, and banking regulation. Ms. Wales is an author, adjunct professor, and business owner.  Since 2017, Ms. Wales is the Founder and Chief Executive Officer of CrowdBureau Corporation, which provides rules-based stock indices for financial products such as ETFs and managed account platforms. The Company also provides research, data analytics, and risk management tools for the peer-to-peer lending and digital banking industry.  Kim has been cited over 100 times in U.S. Jumpstart Our Business Startups Act, 2012 final rules for Titles III (Regulation Crowdfunding) and IV (Regulation A+).  Kim is also an author and adjuct professor and sits on several boards.  For more info please visit the website.

About this episode:

10 years ago in 2012, the Jumpstart Our Business Startups Act (JOBS Act) was signed into law in the U.S. (and eventually a similar exemption was approved in Canada) to encourage more capital to flow to startups, support innovation, and, create jobs. It's significance cannot be understated as the rule change allowed private companies to raise capital by selling securities digitally for the first time via registered online platforms and dealer-brokers.  Regulation crowdfunding also democratized previously excluded retail investors (non-accredited) by allowing them to invest directly in startup ventures empowering a new era of digital finance.

See:  Crowdfunding is Now a Serious Way for Private Ventures to Raise Capital

A tremendous amount of advocacy and regulatory change efforts took place to make this happen, and since then the original JOBS Act rules have been improved for investment crowdfunding in the U.S., such as increasing the fundraising cap from US$1 million to US$5 million (not in Canada though, we've asked for years ahem).

But there are still many challenges and myths to be debunked. While venture financings are at an all time high in sectors like fintech, it does not mean that startups are awash with capital.  While there is growing interest among retail investors to participate directly in these offerings, and take control of their investment future, education and awareness still remains a top priority if industry is to grow in the right ways.  Having said that, in the United States, RegCF recently surpassed $1billion raised.  Canadian figures are more modest with at least $100 million in equity financings raised on a leading platform.

Today there's also a JOBS Act 2022 proposal on the table but will these changes be sufficient to support evolving technologies and their capabilities while also protecting investors?  Regulatory change is slow and regulators should support innovation and competition.  All stakeholders need to continue to support efforts to make capital markets whole, so EVERYONE can benefit from the advancements in technology or the wealth gap will continue to widen.

This is a not to be missed episode for anyone interested in the past or future of digital finance and capital markets.  Join investment crowdfunding pioneers in both Canada and the U.S. who discuss the 10 year journey from a wide variety of perspectives including the evolution of first generation marketing platforms to the arrival of second generation decentralized finance models powered by blockchain technologies.

Duration:  92mins

Timestamps:

00:00:00 NCFA Fintech Fridays Intro
00:00:17 Craig Asano, NCFA Canada
00:02:06 Andrew Dix, Crowded Media Group
00:02:49 Sherwood 'Woodie' Neiss, Crowdfund Capital Advisors
00:03:32 Kim Wales, CrowdBureau Corp
00:04:23 Alixe Cormick, Venture Law Corporation
00:04:13 Peter-Paul Van Hoeken, FrontFundr
00:05:48 Alan Wunsche, Tokenfunder
00:08:21 RegCF advocacy (SEC, Congress, White House)
00:10:47 Designing the framework
00:11:58 Purpose of the JOBS Act
00:15:10 Road to Equity Crowdfunding in Canada: Change is hard (and long)
00:26:22 Blockchain finance: education and regulatory challenges
00:33:38 Crowdfunding’s Impact and opportunity: first US$1 billion
00:38:39 RegCF to digital finance
00:41:57 Evolution of digital finance Gen1 to Gen2
00:49:23 Digitalizing private capital markets
00:55:03 Ontario’s exemption 45-108 setup to fail
00:59:46 JOBS Act 2022 bill proposed to improve rules in the U.S.
01:00:10 Canada harmonizes equity crowdfunding rules Sep 2021
01:04:00 Educating regulators
01:06:00 Regulators need to support innovation and competition
01:09:00 Financial inclusion
01:11:00 Canadian ECF $100 million and beyond
01:17:00 Decentralized Finance is the future
01:19:00 Convergence and reducing wealth gaps
01:23:00 Regulatory culture change and sandbox
01:25:00 Capital markets need to work for everyone
01:30:00 Closing remarks

 

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NCFA Jan 2018 resize - Fintech Fridays EP57:  10 Years of Investment Crowdfunding:  Past, Present & Future Since the JOBS ActThe 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-InvestHK Virtual Event Feb 24]: Fintech Bridge: Canada – Hong Kong

NCFA InvestHK Feb 24 Fintech Bridge Canada Hong Kong event banner  - [NCFA-InvestHK Virtual Event Feb 24]:  Fintech Bridge:  Canada - Hong Kong

EVENT OVERVIEW

Join NCFA, InvestHK, and growing list of speakers on February 24th from 2:00 - 4:00PM EST (time zone) for this inaugural Fintech Bridge event curated to foster global market insights, export intelligence, international connections, and strengthen Canadian fintechs looking to expand globally to Hong Kong/Asia.  Asian markets have grown rapidly over the past decade and Canadian fintechs need to consider expanding globally to find new customers, revenue and partnership channels to remain sustainable long term and capture value at scale.  There are many global fintech hubs in the world to consider expanding to whether that be digitally or via satellite office.  Not all are created equal.  Join your colleagues and peers and explore access to capital, gateway to Asia, partnership channels, and Fintech growth opportunities in Hong Kong.

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Thursday, February 24, 2022

2:00 - 4:00PM+ EST (time zone)

Virtual format | Free registration

Register button  - [NCFA-InvestHK Virtual Event Feb 24]:  Fintech Bridge:  Canada - Hong Kong

 

SPEAKERS

 

 

Fintech in Hong Kong

Hong Kong is one of Asia's most vibrant, diverse and agile tech hubs with robust infrastructure, access to talent, and renown international financial centre with over 400,000 Canadians living and working there today.  With a progressive fintech regulatory environment, world class capital markets, sandboxes, government funding, a 'get business done' innovation and entrepreneurial culture, and strong economic ties to emerging markets and China's belt and road initiative linking Mainland China with countries across Asia, Europe and the Middle East, it's no surprise that Hong Kong is home to many successful high growth global fintechs from deeptech, digital assets and decentralized payments to financial services infrastructure and insurtech sectors.

Startups in Hong Kong by Major Country

hong kong startup ecosystem by country - [NCFA-InvestHK Virtual Event Feb 24]:  Fintech Bridge:  Canada - Hong Kong

For the past decade, Hong Kong has consistently ranked among the top 10 on the Global Financial Centres Index's (GFCI)

  • Asset and wealth management AUM $28.7 trillion HKD (or $4.60 trillion CAD)
  • Banking total assets $24.5 trillion HKD (or $4 trillion CAD)
  • Digital payments total transaction volume $128 billion HKD (or $20.92 billion CAD)
  • Insurance total gross premiums $514 billion HKD (or $84 billion CAD)
  • SMEs total import/export $8.7 trillion HKD (or $1.42 trillion CAD)

Learn more about Fintech in Hong KongStartup Ecosystem

AGENDA:  FEBRUARY 24  ~2:00 PM - 4:00 PM EST (time zone) + Networking until Close

2:00  Kickoff intro and welcome

2:05  Presentation:  Fintech Innovation in HK, Raising capital, Dispelling myths, InvestHK Opportunities and Incentives

2:20  Panel:  Company perspectives on expansion opportunities in HK/Asia - What to expect

3:00  Fireside:  Hong Kong startup/scale-up ecosystem and local expert insights

3:20  Panel:  Investor Perspectives:  Hot fintech sectors / emerging technologies and expanding to HK/Asia

4:00  Networking until Close

SPEAKERS

  • Christopher Hui, Secretary for Financial Services and the Treasury (more)
  • Karim Hirji, CFO Intact Financial Corp Canada, MD Intact Ventures (more)
  • Michelle Morgan, CEO, AdvancedAIS (more)
  • Peter Misek, Co-Founder & Partner, Framework Venture Partners (more)
  • Calvin Cheng, Founder and CEO, Wizpresso (more)
  • Karen Contet, Co-Founder & CEO, AngelHub - WHub (more)
  • Chris Chen, InvestHK Canada, Head of Investments (more)
  • Hugh Chow, Partner, Radiant Tech Ventures (more)
  • Shidan Gouran, Principal, Gulf Pearl LTD. (more)
  • Catherine Shiang, Asia Capital Advisor, Ltd. (more)
  • Mathias Bock, PhD, COO, Sericin Limited (more)
  • Alixe Cormick, President, Venture Law Corporation (more)
  • Craig Asano, Founder and CEO, NCFA Canada (more)
NCFA InvestHK Fintech Bridge Canada Hong Kong Feb 24 speaker collage2 resize - [NCFA-InvestHK Virtual Event Feb 24]:  Fintech Bridge:  Canada - Hong Kong
Fintech Bridge Canada Hong Kong networking  - [NCFA-InvestHK Virtual Event Feb 24]:  Fintech Bridge:  Canada - Hong Kong

IMMERSIVE NETWORKING

  • Join us for liberated virtual networking in a dedicated event networking space (audio/video)
  • Mingle and participate in existing 'networking circles' or create your own topical circle
  • Supports chat functionality with everyone, within a circle or privately with select attendees
  • Connect with companies, investors, innovators and groups that can help you expand your business overseas - see you there!

BENEFITS OF EXPANDING GLOBALLY

  • Diversify and gain insights into industry innovations, your venture, your competition
  • Grow faster and make more money
  • Expand your target market, global valuation and support your firms growth
  • Challenge your existence (makes you stronger)
  • Improve productivity, resilience, and ability to compete
  • Source new talent and investment resources
going global - [NCFA-InvestHK Virtual Event Feb 24]:  Fintech Bridge:  Canada - Hong Kong

Who is this event for?  (Register now)

  • Startups and scale-ups interested in expanding to Hong Kong and Asia
  • Investors interested in emerging deal flow and global fintech and financing partnerships in Canada - Hong Kong/Asia
  • Vendors and service providers that help Canadian firms expand to Hong Kong/Asia
  • Innovators interested in connecting with Hong Kong resources and networks

Learn about the current HK environment, business case and opportunities for expanding to HK/Asia from a variety of perspectives including investors

  • Learn the latest updates on the geopolitical situation in HK for Canadian entrepreneurs (dispelling myths)
  • Learn about the Hong Kong financial services landscape, connections to Canada, China, and Asia
  • Learn avenues to raise capital including InvestHK and partner investment channels, programs and incentives available for Canadian firms
  • Learn what fintech sectors and emerging technologies are hot (or not) in HK/Asia in 2022

Learn what to expect from those that have successfully expanded to Hong Kong

  • Learn about Hong Kong's startup and scale-up ecosystem
  • Learn insights and stories from entrepreneurs who successfully expanded to Hong Kong
  • Insights on operationalizing and participating in the Hong Kong financial services ecosystem
  • Insights on competing for market share, clients and growing you business in Hong Kong and what to expect when springingboarding to other Asian regions

Connect with InvestHK ecosystem and other resources

  • Network and ask questions to Canada - Hong Kong experts
  • Did you know there are more than 400,000 Canadians living in HK today?
  • Learn about export resources that can help including any upcoming fintech trade missions to Hong Kong and what to expect

 

HOSTING PARTNERS

Looking forward to seeing you there!

Organizing team

 

Register button  - [NCFA-InvestHK Virtual Event Feb 24]:  Fintech Bridge:  Canada - Hong Kong

The Holt Xchange Kicks off 2021 Investment Program

Holt Xchange | Jan Arp | Oct 7, 2021

NCFA Fintech Confidential article on HOLT Xchange new - The Holt Xchange Kicks off 2021 Investment Program

During this year’s investment period, The Holt Xchange hyper-targeted 7 main verticals that deemed most promising: digital identity, regtech, insurtechs, cybersecurity, digital lending, wealthtech, and digital assets. As a result, this led to better targeted candidates and as such, a greater number of applications were a better fit for our investment program and Holt Ecosystem.

As a way to engage with fintechs in these verticals, Holt hosted the ‘Holt Invests’ Webinar Series featuring special Holt Advisors and alumni portfolio companies who are experts in this space. As such, we were able to engage in some engaging conversations as they shared first-hand insights on the current trend and opportunities.

The webinars consisted of the following:

  1. The I AM Webinar explored trends and opportunities found within RegTech & Digital ID industries. It’s clear that compliance costs are surging and expected to continue this trend. For instance in 2018, businesses spent $1.3 million on average to meet compliance requirements and were expected to put in an additional $1.8 million (IAAP). In Europe, GDPR played a large role in compliance related cost increases for business, with more expected to come. Given Canada is moving forward nationally with programs like Bill C and provincially, such as Quebec’s Bill 64, we expect compliance costs in Canada to further continue. Additionally, FAbout 25% of all financial services applications are abandoned due to friction in the Know Your Customer (KYC) process, in part because current Identity Verification (IDV) procedures fail users. Need for consumers to support. To better prepare for these proposed legislative changes (ie. among many others), as well as support KYC / AML process, this year we invested in following regtech companies:
    1. RequirementOne com: Supercharge compliance power users and their ecosystem as Apple did for the mobile phone user.
    2. DigiPli com: We're redefining how financial institutions onboard customers by bundling a SaaS-based, end-to-end onboarding tool with ongoing support from AML experts.

See:  Where the UK is heading with Smart Data and why Fintechs want a cross-sectoral access

  1. The I BORROW Webinar explored the opportunities and trends found within Digital Lending space. There continues to be an emergence of alternative lending options, pushing lenders to compete on price, demographics and ancillary product offerings. Additionally new offerings such as revenue base financing, and buy-now-pay-later, are received with greater comfort by investors and customers alike. As such, while looking into alternative financing options and recognizing the lack of options for first time buyers in a surging real-estate market, we invested in a new financing product of:
    1. FirstStep Financial ca: Opening the Door to Home Ownership. Digital Lending
  1. The I EARN Webinar explored the opportunities and trends within Digital Assets, Investment & WealthTech industries. For instance, A survey conducted by the Alternative Investment Management Association and SS&C found that out of 100 global hedge fund managers, 69% of the market leaders use alternative data to boost performance. Also considering property earning assets, the real estate market showed no sign of slowing, and real estate sector funding appeared to be making a comeback early in the year, with VC funding to proptech companies growing 29% to $2.4B for Q1’21. Given the need for better solutions in trading and real-estate, we invested in:
    1. CityFalcon com: Using Big Data, AI, and NLP, we democratize access to financial content, personalize it, add analytics, and deliver it in real-time in 50+ languages. Capital Markets
    2. Reitium com: REITIUM is a blockchain real estate marketplace where everyone can be an investor starting with $100. PropTech

See:  Tokenizing Assets and Unlocking Value on the Blockchain

  1. While not a webinar in itself, the theme of I TRANSFER emerged throughout the series, focusing on payments and banking. Payments remains the largest attraction for VC investment, whereby funding for payments companies tripled compared to the previous quarter, with over $6 billion in funding. The number of deals (114) increased by 50%, with 18 mega-rounds accounting for over 75% of the total funding. From a banking side, according to Accenture, over 50% of banking tasks are still manually performed. By using technology, banks in North America can save more than 70 billion USD through 2025. Not only can technology improve the bottom line for banks, but we are witnessing better customer centric designs to better tailor and serve  niche demographics and communities. As such, we invested in the following payment and niche banking companies:
    1. Payzel com: Forged out of frustration we are building the GE Capital for Innovative Industries like cannabis. Digital Payments
    2. Phaze io: A prepaid payouts API for fintechs. Digital Payments
    3. PeopleHedge com(MAYBE)

The Holt Xchange has just invested in 8 of the best fintechs that build solutions for our society’s greatest challenges. They kicked-off their Growth Acceleration Program and are already in the process of working closely with the portfolio companies and leveraging their global advisory network to help drive their business growth.

I am very excited to work with this year’s portfolio investments, complemented with 500+ Advisors, and to have the backing of key partners like Fairstone, RBC, MNP, BDC and Montreal International.”  stated founding managing partner Jan Arp.

If you are interested to learn more about us, or meet our portfolio companies or Advisors highly suggest you attend our Fintech Show 2021 either remotely or in-person: Fintech Show 2021.

Read:  Tiger vs. SoftBank: Inside the investing playbooks that upended Silicon Valley

What’s Next for the Holt Xchange?  The Holt Fintech Show

  • When: Tue Nov 16, 2021
  • Where: Rialto Theatre (Montreal, QC)
  • Agenda:
    • 6 PM - 7 PM: Doors Open
    • 7 PM - 8:15 PM: Fintech Show
    • 8:15 PM - 9:00 PM : After Show
  • Tickets to register: https://bit.ly/3tdicJA

The world-famous Holt Fintech Show, in which our Holt 2021 Portfolio Companies will pitch their progress to date and share their next key milestones that the audience may want to get involved with, such as investing, partnerships, new clients, mentoring, etc.

This is a great networking opportunity for anyone looking to get more involved in the fintech ecosystem.

* If you can't make the in-person event, virtual options are available.

Join the LinkedIn event page here and remember to register a spot as spaces are limited!

 

About Holt XChange

Driving Canada’s Fintech leadership, The Holt Xchange is a global early-stage fintech fund headquartered in Montreal. Backed by Holdun, a 5th generation multi-family office, The Holt Xchange is focussed on building off of the legacy of Sir Herbert Holt. As the Holt family has done before, they are enabling Canada to take a technological lead in the next generation of financial services, known as Fintech. As Canada's most active seed fintech investor, Holt has spent the last year tracking over 10,000 early stage fintechs globally, soliciting the ones that presented a best match with their 500+ Advisor network, and then investing in the top 1% of applications globally, resulting in 35 investments to date.

 


NCFA Fintech Confidential Issue 4 250 - The Holt Xchange Kicks off 2021 Investment Program

This article is featured in NCFA's digital magazine, Fintech Confidential (Issue 4 Oct 2021). Click to read the latest thought leadership, insights and trends about Fintech in Canada:

Checkout NCFA's digital magazine, Fintech Confidential (Issue 4) --> here

 


NCFA Jan 2018 resize - The Holt Xchange Kicks off 2021 Investment Program 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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