Karsten Wenzlaff, Advisor
August 26th, 2025
About NCFA Canada | Craig Asano | Apr 11, 2022

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.
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 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.
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, 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.
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 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.
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.
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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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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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.

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.
For the past decade, Hong Kong has consistently ranked among the top 10 on the Global Financial Centres Index's (GFCI)
Learn more about Fintech in Hong Kong | Startup Ecosystem
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

Looking forward to seeing you there!
Organizing team
Holt Xchange | Jan Arp | Oct 7, 2021

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 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.
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!
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.
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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UBS | Jacoline Loewe | Jul 13, 2021
Since 2015, the UBS Future of Finance Challenge has been open to start-ups and established, growing companies that change the way finance works and meets the client needs of the future. Take part in the 2021 competition and access benefits and prizes of over USD 400,000 worth in value, delivered in collaboration with Anthemis, Deloitte and Microsoft for Startups.
What are key challenges for the finance industry? We have identified four challenges that are key to how finance meets the client needs of the future
We’re looking for start-ups and growing companies, with an annual turnover lower than USD 150m. You should have received less than USD 150m in total investments:
Participants should have developed:
Proposed technology solutions should:
Some other restrictions apply – see the Official Rules for full details.
One winner per challenge will be selected and each winner will win a cash prize of USD 10,000.
In addition, over 120 hours of dedicated coaching and mentoring from experienced technology and business leaders will be offered to competition finalists. Some finalists may also be considered to participate in a «proof-of-concept» or pilot program with UBS after the competition or enter our UBS Next investment pipeline.
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 12, 2021
Day 1 of the FFCON21: Breaking Barriers program started with a bang -- with the first VIP Masterclasses of the week focused on decentralized finance. With 500+ interested in the latest thought leadership, presentations and insightful discussions it was an amazing way to kickoff the 7th Fintech & Financing Conference and Expo taking place virtually from May 11-13, 2021.
There were amazing speakers from around the globe covering financial innovation topics for fintech, blockchain, AI and alternative finance, and lots of varied networking opportunities from 3mins speed rotation to topical virtual breakouts and 'Ask an Expert' sessions.
And now we are moving into 2 more full days planned, May 12 and 13th - we hope you can join us tomorrow (Wednesday) where the daily theme is 'CURATION & GROWTH'!
CHECKOUT EXCITING DAY 2: MAY 12 PREVIEW!
Including Demos and Pitches
Join 500! We've added a NEW TICKET TYPE for those wanting to attend a single day! VIP ALL DAY PASS for any day: MAY 12 or 13 for just $35 + HST.
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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The 7th annual Fintech & Financing Conference and Expo (#FFCON21) took place May 11-13, 2021 (digitally) and was co-hosted by the National Crowdfunding & Fintech Association (NCFA), Toronto Finance International (TFI) and partners.
Building on the success of previous conferences, this year's “Breaking Barriers” theme focused on the Future of Finance and Society, exploring a wide range of topics reflecting the growth and emerging challenges that the Canadian Fintech industry must navigate to achieve mass adoption and scale. Through 25+ hours of keynotes, lively panels, VIP workshops and impactful pitching competition, the conference facilitated discussions and the sharing of new ideas and thought-provoking insights into trends, innovations and regulatory landscape shaping regulatory, fintech, blockchain, digital banking, payments, AI, capital markets, digital assets and alternative finance sectors. Watch on-demand video content now.
Every year brings new challenges, milestones and barriers to be overcome. Join a global fintech ecosystem for an interactive and digital content experience that facilitates thought-provoking and relevant discussions, lively debates, pitching, demos, and prime networking opportunities with innovators, investors, financial institutions, vendors, regulators, government and key industry stakeholders and help rewrite the future of digital finance.
Speakers: Over 100+ industry leaders and global experts
Program: Lots of Networking and Over 50 sessions of curated programming of 3 Days (May 11-13)
Partners: View all partners | Become a partner
Pitching Competition: Vote for your favourite Fintech Draft shortlisted companies
Digital eBooth: Showcase your company's products/services
Get involved: Your voice counts
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 Literacy Committee

As we mark the 10th anniversary of Financial Literacy Month, the Financial Consumer Agency of Canada (FCAC) is pleased to invite you to a dynamic event organized specifically for financial literacy stakeholders. This 90-minute session will focus on innovative, research-based approaches to financial literacy and feature guest speakers who will share expert insights and perspectives, followed by a panel discussion.

Moderator: Supriya Syal, Deputy Commissioner, Research, Policy and Education, FCAC
Panelists:
Rebecca Balcerzak, Senior Project Officer, Families Canada
Ruth Stephen, Director, Strategic Policy, Research & Experimentation, FCAC
Rim Charkani, CEO, WALO
Dilip Soman, Director, Behavioural Economics in Action Research Centre Rotman School of Management

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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