Karsten Wenzlaff, Advisor
August 26th, 2025
Karsten Wenzlaff is a Crowdfunding and Fintech Expert from Germany. He is Secretary-General of Digit[...]
Category Archives: Online Funding / Investing Campaigns
Revolut’s Crowdfunding Success from Start-up to $45 Billion
Crowdfunding | Aug 27, 2024
Image: Pixabay/geralt
Crowdfunding Triumph for Early Investors
While many know Revolut to be a robust global financial powerhouse, they may not be aware of the strategic and innovative crowdfunding success which opened the door to 433 retail investor to take part in their extraordinary growth journey. In 2016, Revolut raised a £1 million crowdfunding round at a valuation of just £42 million on equity crowdfunding platform Crowdcube. At that time, investors funded on average just £2,152 per investor. The demand was overwhelmingly successful that investors had to be randomly chosen from over 10,000 interested investors, and the campaign achieved its funding goal in a matter of days.
Fast forward to today, Revolut's valuation in 2024 has skyrocketed in true hockey stick fashion to $45 billion making those early crowdfunding investments ultra profitable with shares now valued at over £860,000 profit for up to 40,000% gains.
See: Fintech Revolut’s crowdfunding is going nuts, with £12 million pledged already
Looking back to that successful campaign over 8 years prior, Revolut together with Crowdcube demonstrated the power of crowdfunding where everyday retail investors could invest as remote 'armchair dragons' (a nod to entrepreneur's pitch show Dragon's Den) and achieve outsized returns in a world typically reserved for venture capitalists and early institutional investors.
Funding Milestones
- Seed Funding (2015): The cmopany raised $3.5 million to build its first product, a multi-currency card and payment platform.
- Series A (2016): Revolut secured $8.7 million to further build its platform and set the stage for future growth. At the time, Revolut's founders decided to allocate a portion of their raise to crowdfunding which not only resulted in fresh funds but earned 433 supportive fans who would promote and share the story.
- Series B (2017): Revolut raised $66 million at a valuation of $350 million to fuel international expansion.
See: Revolut Launches Low Fee Crypto Exchange in the UK
- Series C (2018): Next it was $250 million raise which brought Revolut’s valuation to $1.7 billion officially making it a unicorn.
- Series D (2020): Revolut secured $500 million which led its valuation to $5.5 billion. This led to new features like stock trading and crypto services.
- Series E (2021): $800 million at a valuation of $33 billion which confirmed itsposition as one of Europe’s most valuable fintech firms.
- 2024 Valuation: By this year in 2024, Revolut's value grew to $45 billion and the company announced plans to offer $500 million worth of shares to employees, signaling continued growth and eyeing a potential IPO.
Secret Sauce to Revolut's Growth?
- Revolut began as a straightforward multi-currency card and has now grown into a financial super-app that provides a swath of services like insurance, stock trading, cryptocurrency, and budgeting tools. Continuous product innovation.
- Global expansion has led Revolut to serving over 45 million customers in over 200 countries.
- Revolut's crowdfunding strategy helped raise funding dollars while creating a devoted group of early backers who served as brand evangelists and accelerated the company's growth.
See: Revolut Finally Receives UK Banking License (after 3 years)
Conclusion
Revolut's equity crowdfunding campaign provided retail investors the opportunity to join one of the biggest startup success stories in Europe highlighting the roadmap for innovation, strategic funding, smart investment, and the potential of equity crowdfunding as the firm contemplates an IPO.
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, artificial intelligence, 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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Rally Launches Equity Crowdfunding Deal for Group Travel
Investment Crowdfunding | Aug 15, 2024
Image: Freepik/onlyyouqj
Rally’s new SEC-approved campaign allows investors to own an equity stake in its crowdsourced group travel service
Customers and investors can now purchase stock in Rally, a crowdpowered travel startup, as the SEC-regulated investment crowdfunding campaign officially launched yesterday. Professional and every day investors including the general public will have the opportunity to contribute to Rally's innovative Mass Mobility as a Service (MaaS) platform, which allows users to plan or join bus excursions via its rideshare app to important events such as festivals, sporting events, and concerts.
See: CCA Launch Crowdfunding Genome and Ecosystem Report 2024
Rally's use a tech platform to link hundreds of small private bus operators offers efficient and flexible transportation solutions by crowdsourcing travel demand, which is a great solution for events with high demand. Its other brand, OurBus, offers more than 150 stops and schedules regular intercity routes throughout the United States and Canada. The current campaign marks a new milestone in Rally's growth, as the company plans to expand and even explore the possibility of going public. Through this equity crowdfunding campaign, regulated by the U.S. Securities and Exchange Commission (SEC), everyday investors now have the opportunity to own a stake in Rally.
Flashback to 2014 LineSixTransit Effort in Toronto
Rally's 2024 campaign demonstrates how crowdsourcing has changed over the years. Looking back to 2014, LineSixTransit, a Toronto-based crowdsourcing initiative, tried using a similar technique to crowdfund public transportation solutions to help resolve Toronto's transportation challenges. The project's goal was to establish a private bus service that would transport passengers between Liberty Village and Union Station and guarantee seats in return for nominal crowdsourced fees.
See: Canada’s Rising Tax Burden and Fintech Opportunities
After a week-long pilot experiment and a lot of initial enthusiasm, the Toronto Transit Commission (TTC) abruptly ended the project due to regulatory issues. While the outcome was unsuccessful due to regulatory issues, such project paved the way for tapping into the power of crowdfunding.
Conclusion
By allowing crowdsourcing demand and linking small bus operators via technology, Rally is developing a flexible, scalable approach to event-based and intercity transport. If the project is successful and eventually publicly lists, early investors will reap the benefits of a unique opportunity to participate in the mobility business.
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, artificial intelligence, 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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Ontario’s Gaming Revolution: New Licensed Sites Promote Fun and Safe Gambling Practices
Aug 12, 2024
Image: Pixabay/DrMedYourRasenn
Online casino and sports betting websites, commonly referred to as iGaming sites, which are fully licensed and regulated by the AGCO (Alcohol and Gaming Commission of Ontario), are helping to revolutionize the online gambling industry in Canada and make it safer for everyone involved.
Today’s most trusted AGCO-licensed iGaming operators are fully committed to promoting responsible gambling by offering a range of ‘safer gambling tools’ to protect against problem gambling.
Here is a closer look at how today’s safest and most secure online sports betting casino websites in Ontario are taking fun and safe gambling to the next level.
Why are iGaming sites in Ontario licensed by the AGCO safer than ‘offshore’ sites offering real money gambling services?
All iGaming operators in Ontario that are legally permitted to offer real money gambling services to anyone aged 19 or above in the province must be fully licensed and regulated by the AGCO. This official governing body oversees all online gambling activities here.
The AGCO is classed as a top-tier licensing authority/gaming commission, much like the UKGC (United Kingdom Gambling Commission), because of its exceptionally high standards.
The AGCO carries out stringent background checks before issuing a license to any applicants. It puts each operator through a rigorous vetting process to ensure that the operator is legitimate and can be trusted.
Also, players who sign up to these sites have the necessary legal backing they are entitled to should any issues arise.
World-class sites like TitanPlay that are fully licensed and regulated by this top-tier gaming commission/licensing authority use 128-bit or higher Secure Socket Layer encryption to ensure each registered member’s accounts and sensitive data stored on that site are safe and protected from cybercriminals.
This same highly sophisticated cryptographic technology also ensures that your transactions and money are always in safe hands.
How are iGaming operators in Ontario promoting safer and more responsible gambling?
AGCO-licensed operators also protect players in several other ways by actively promoting responsible gambling practices, meaning players can manually set up self-imposed safer gambling tools to help them stay in much better control of their spending.
In other words, when signing up to trusted sites like this to place sports bets or play thousands of computer-generated and live dealer games from award-winning providers, players can set win/loss limits, and daily, weekly or monthly deposit limits.
Session time reminders are also available to ensure players never exceed their initial budgets. Some of TitanPlays’ most effective recommendations for responsible betting include the following:
- Players set as many limits as they feel they need to set
- Players remember to take frequent session breaks
- Players only spend the disposable income they can afford to lose
- Players avoid gambling while in a negative frame of mind, tired or under the influence
- Players never chase any losses they may incur by placing larger-than-average wagers immediately after losing
In other words, reputable operators have your best interests in mind and provide plenty of tools to help keep things safe and enjoyable.
Final thoughts
Ontario became the first Canadian province to launch a private market for web-based gambling activities in April 2022 and now has one of the safest iGaming landscapes in the world for anyone aged 19 or above who lives here.
Operators must fully comply with the rules of responsible gambling measures laid out by the AGCO to legally operate in Ontario, which has made online sports betting and playing casino games from a Wi-Fi/internet-connected PC or mobile device more secure and enjoyable.
See: Meta’s AI-Powered Metaverse to Kickstart New Era in Gaming?
When playing on sites like this, it’s down to the player to gamble responsibly. However, thanks to deposit limits, win/loss limits, session time reminders, and other effective, safer gambling tools, doing so is now easier than ever.
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, artificial intelligence, 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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13books Capital Raises £121 Million Fintech Fund to Fuel Disruptive Innovation
Jul 30, 2024
Image: Unsplash/Campaign Creators
In a welcome shot of optimism amidst a challenging fundraising environment, London-based venture capital firm 13books Capital (formerly Element Ventures) has secured a substantial £121 million fund. This significant investment is dedicated to empowering the next generation of fintech innovators, solidifying 13books' commitment to shaping the future of financial services.
From indications, the fund will also allocate resources to support startups and established companies exploring innovative applications of blockchain technology, particularly within the entertainment and online gaming industry. Features like global accessibility, convenience, and anonymity, which have been the hallmarks and calling card of any crypto casino and DeFi/NFT gaming project worth its mettle, may find problems to some of its problems like scalability, among others thanks to this funding.
Beyond shaping and creating an avenue for startups in various industries to strive, from sandbox NFT projects to online casinos, let’s see what else is there to 13books Capital’s newfound investment.
Investing in the Seeds of Tomorrow's Financial Landscape
The newly established fund builds upon 13books Capital's established track record of backing promising fintech startups With successful investments in companies like Roadzen (NASDAQ: RDZNW), Hepster, Coincover, Runa, Billhop, Thirdfort, Duco, nCino (NASDAQ: NCNO), Fenergo, and ErisX, the firm has a proven ability to identify disruptive fintech players. The £121 million capital injection allows 13books Capital to significantly expand its support for early-stage fintech companies, fueling their growth and propelling them towards market leadership.
A Focus on Early-Stage Growth
The fund will primarily target investments in Seed to Series A financing rounds, typically ranging from £1 million to £7 million per startup. This strategic focus on early-stage companies underscores 13books Capital's belief in nurturing innovation from the ground up. By providing crucial financial backing and strategic guidance at these critical development stages, the VC firm is essentially ushering in a new era of finance to empower young, ambitious fintech companies to solidify their foundations, refine their offerings, and scale their operations.
A Flourishing European Fintech Ecosystem
The robust fundraising reflects a growing optimism for the European fintech scene. Financial institutions are recognizing the potential of disruptive fintech firms, positioning the European market for significant growth in the coming years. 13books Capital's sizeable investment underscores its belief that European fintech is on the cusp of a "golden period." This confidence is further bolstered by the recent successes of European fintech companies like Klarna and Adyen, who have achieved global recognition and disrupted traditional financial services models.
Shaping the Future of European Fintech
13books Capital's successful fundraising serves as a beacon of hope within the current fundraising climate. The firm's commitment to supporting early-stage European fintech companies is a catalyst for innovation and progress in the financial services sector. With a robust fund, a seasoned team, and a strategic network of partners, 13books Capital is well-positioned to play a pivotal role in shaping the future of European fintech. As the firm continues to identify and empower visionary founders, the European fintech space can look forward to a period of sustained growth, disruption, and positive impact on millions of users across the continent.
Beyond Capital: The Nurturing Power of Early-Stage Investment
While securing significant funding is a critical milestone for any startup, the focus of 13books Capital's £121 million fund extends beyond simply providing financial resources. By targeting Seed and Series A financing rounds, the firm positions itself as a true partner to help budding companies navigate growth, challenges, and opportunities they might encounter on their journey.
Focusing on early-stage investment offers several distinct advantages. Seed and Series A companies are often highly innovative and have the potential for exponential growth. By investing at this stage, 13books Capital can identify promising companies with disruptive ideas before they become mainstream. Moreover, these early-stage investments enable the firm to participate in evolving interconnected sub-niches within the finance sector.
These sub-niches leverage blockchain for transparent user experience, DeFi marketplaces that offer decentralized financial services, decentralized social networks that provide users with greater control over their data, and DAOs that operate without centralized leadership. Each of these areas embodies the principles of decentralization, promoting innovation, efficiency, and user empowerment.
By supporting companies in these dynamic and rapidly growing sectors, 13books Capital is positioning itself at the cutting edge of the fintech industry. This strategic approach not only maximizes potential returns but also contributes to the broader evolution of financial technology, fostering a more decentralized and inclusive financial ecosystem.
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, artificial intelligence, 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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Shakepay’s Inflated Tour Aims to Educate on Crypto & Finance
Crypto Campaign | Jul 29, 2024
Image: Shakepay inflated tour, Vancouver
Shake It Up with Shakepay's Cross Canada Inflated Tour
The Shakepay Inflated Tour is a Canadian fintech initiative (campaign contest) that aims to educate the public about digital money from coast to coast. The purpose of this trip is to inform people about cryptocurrencies and have a conversation about how they are handling the rising expense of life. They hope to foster a community around digital finance and strengthen the financial resilience of participants.
See: Key Takeaways from Bitcoin 2024 Conference
With its headquarters in Montreal, Quebec, Shakepay was established in 2015 by Jean Amiouny and Roy Breidi. Shakepay offers Canadians a marketplace where they can purchase, trade, and spend cryptocurrencies like Ethereum and Bitcoin. Shakepay is dedicated to ensuring that financial services are safe and easily available, and it actively promotes updated payment methods across Canada.
Key Activities
- The cross-Canada tour offers educational talks on the fundamentals of cryptocurrencies, safe trading, and the underlying technologies of digital assets.
- Connect and interact with Shakepay to discuss industry's latest innovations and any questions you may have about your financial journey, including challenges and solutions.
- Get hands-on experience trying the Shakepay app, and learn how easy it is while making digital finance more approachable.
How to Participate
The Shakemobile is the focal point of community outreach and educational events at each city where the Shakepay Inflated Tour stops. Every week, you may enter to win prizes, merchandise, and more by following the #InflatedTour. Winners will receive rewards worth up to $1,000.
See: “Crypto’s Back”, Stripe to Support On-Chain USDC Payments
To enter the contest, participants must do the following steps:
- Step 1 - Locate the Shakemobile and snap your best picture!
- Step 2 - Post on Social, Upload the image and tag @Shakepay along with the hashtag #InflatedTour.
- Step 3 - Leave your Shaketag
For more information and the full schedule, visit Shakepay's Inflated Tour page.
The Shakemobile will be in Vancouver this weekend! 🚐💨
Who's down for a meetup? Free merch? 👀
Shakepay's #InflatedTour is going coast to coast, meeting Canadians at every stop to understand how you're adapting to the rising costs of living. pic.twitter.com/68BNQNyP6B
— Shakepay — Buy Bitcoin 🇨🇦 (@shakepay) November 23, 2023
Conclusion
This is a great chance for curious and enthusiasts to connect with Shakepay and learn about digital finance and crypto while engaging in meaningful discussions about financial resilience and inclusion, as well as learn about the rapidly changing world of digital finance.
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, artificial intelligence, 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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Spot Ethereum ETFs Debut in the U.S. (Without Staking)
Investing | Jul 23, 2024
Image: Pixabay/elifxlite
SEC Approves Spot Ether ETFs to Kickstart a New Era for Crypto Investments
The US Securities and Exchange Commission (SEC) has approved multiple spot Ethereum (ETH) exchange-traded funds (ETFs) to begin trading today, marking a watershed moment and regulated channel for investors to obtain exposure to the second-largest cryptocurrency by market capitalization. Specifically, the SEC has approved asset managers such as Grayscale, VanEck, BlackRock, Fidelity, Bitwise, Franklin Templeton, Invesco, and 21Shares. This move is expected to democratize access to Ethereum, allowing institutional and individual investors to participate in its growth without having to physically purchase and manage the cryptocurrency themselves.
Why Invest in Spot Ether ETFs?
With all the hubbub made over the approval of a spot Bitcoin ETF in Q1, why might investors choose to invest in a spot Ether ETF instead?
- Simply put, investors should consider diversification. Ethereum provides a different value proposition than Bitcoin. While Bitcoin is often referred to as "digital gold," Ethereum is considered as a platform for decentralized applications (dApps) and smart contracts, offering a wide range of use cases beyond just a store of wealth.
- The Ethereum network is being constantly upgraded, such as the transition to Ethereum 2.0, which aims to improve scalability, security, and energy efficiency. These changes have the potential to boost Ethereum's utility and adoption, thus increasing its growth potential and value.
- Ethereum serves as the cornerstone for both the DeFi ecosystem and non-fungible token (NFT) markets. This unique position exposes investors to some of the most rapidly rising sectors in cryptocurrency.
See: SEC Approves 3 Spot Ethereum ETFs Trading July 23
All good investment opportunities are not without risks. For your consideration, here are some of the main risks:
- Crypto is a volatile investment and Ethereum is no different. Prices can fluctuate substantially in a short period of time, due to market sentiment, regulatory announcements, and technology improvements.
- The regulatory framework surrounding cryptocurrency is continually changing. Future changes to legislation or regulations may have a substantial impact on the value and legality of Ethereum and related ETFs.
- While ongoing Ethereum network updates are exciting, technical risks such as bugs or vulnerabilities could harm the network and, as a result, the value of these ETFs.
- The security of third-party custodians whether it be Coinbase, Gemini or Fidelity Digital Assets handling the underlying assets is everything. Any breach or failure can cause huge losses.
- Unlike Canadian spot Ether ETFs that allow staking (i.e., 3iQ ETH Staking ETF), U.S. spot Ether ETFs currently do not offer a staking option, potentially limiting returns for investors who want to benefit from staking rewards.
Comparing Canadian vs. US Spot Ether ETFs
| Feature | Canada | United States |
|---|---|---|
| Regulatory Environment | Proactive regulatory framework, early approval of cryptocurrency ETFs | Cautious, focused on investor protection, recent shift towards acceptance |
| Staking Options | Allows staking for additional returns | Currently does not allow staking |
| Accessibility | Traded on the Toronto Stock Exchange (TSX) | Traded on major exchanges like Nasdaq, CBOE, and NYSE |
| Investor Base | Easily accessible to Canadian investors | Broader access to a larger investor base |
See: Unlocking Solana: 3iQ and VanEck Apply for Solana ETP/ETFs
List of Actively Trading Spot Ethereum ETFs
| ETF Name | Trading Symbol | Management Fees | Staking Option | Custodian |
|---|---|---|---|---|
| Grayscale Ethereum Mini Trust | ETH | 0.15% (post-waiver fee) | No | Coinbase |
| Grayscale Ethereum Trust | ETHE | 2.5% | No | Coinbase |
| Franklin Ethereum ETF | EZET | 0.19% | No | Coinbase |
| VanEck Ethereum ETF | ETHV | 0.20% | No | Gemini |
| Bitwise Ethereum ETF | ETHW | 0.20% | No | Coinbase |
| 21Shares Core Ethereum ETF | CETH | 0.21% | No | Coinbase Custody |
| Fidelity Ethereum Fund | FETH | 0.25% | No | Fidelity Digital Assets |
| iShares Ethereum Trust | ETHA | 0.25% | No | Coinbase |
| Invesco Galaxy Ethereum ETF | QETH | 0.25% | No | Coinbase |
Outlook
Do you hear that sound of a door opening to broader acceptance of digital assets in mainstream finance? The approval of the first batch of spot Ethereum ETFs creates new investment opportunities for retail and institutional investors while paving the way for future growth and innovation in the Ethereum ecosystem.
See: CSA Updates on Value-Referenced Crypto Assets Regulation
Investors need be watchful, consider the associated risks, and stay up to date on continuing regulatory and technological developments.
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, artificial intelligence, 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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Boost Your Business with Xero’s Beautiful Business Fund
Funding | Jul 10, 2024
Image: Xero Beautiful Business Fund (website)
Xero's Beautiful Business Fund is back for 2024!
The Xero Beautiful Business Fund initiative is designed to help small businesses flourish, offering over CA$630,000 in funding across various regions, including Canada (excluding Quebec), Australia, New Zealand, Singapore, South Africa, the UK, and the US.
- More than CA$630,000 in total funding available. Prize winners are responsible for any applicable taxes.
- Eligible countries include Canada (excluding Quebec), Australia, New Zealand, Singapore, South Africa, the UK, and the US.
- You must be a Xero small business customers in one of the specified regions with maximum 50 employees.
- Apply by the deadline August 27, 2024
- Winners will be announced at the end of October 2024
Step 1: Choose One or More Categories
For your entry, choose one or more of the following categories. To increase your chances of winning, you can enter all categories:
- 🌿Innovating for Environmental Sustainability --> Tell us how your company is advancing its sustainability initiatives.
- 🤝 Strengthening Community Connection --> Emphasize the contributions and positive impact you're bringing to the community.
See: UK Announces £7.3 Billion to Unlock Green Private Investment
- 🚀 Trailblazing with Technology --> Showcase your creative use of technology to take the lead in your sector.
- 📈 Upskilling for the Future --> Describe the steps you're taking to fill in skill shortages and preparing your team for success in the future.
Step 2: Prepare Your Entry
- Click the ‘Enter Now’ button.
- Complete the entry form. Give a brief overview of your company and the chosen category.
- Make a 90-second film that explains your business objectives and your intentions for the financing. This might be a straightforward phone video that you self-recorded.
Step 3: Submit Your Entry
See: Trudeau Announces $2.4 Billion AI Funding Package
Entries must be submitted by August 27, 2024. Winners will be announced at the end of October 2024.
Prizes and Judging
Entries will be evaluated according to how innovative, significant, and workable your ideas are. Make sure your proposal explains how the financing will help you accomplish your business goals in a straightforward and appealing way. Go here for additional information on the judging details.
- Four winners from each country will receive CA$15,000 each (these are country prizes)
- Four global winners will be selected from the country winners, each receiving an additional CA$40,000 (global prizes)
Spread the Word
This is a fantastic way for Xero to encourage small business innovation with direct funding support while also growing it's customer and fan base.
See: U.S. Expanding Access to Capital Act Boosts Startup Funding
Check out these FAQs for more information, or contact xerobbfund@xero.com.
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, artificial intelligence, 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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