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 Portals
Top 5 Best Slot Machines
March 27, 2023
Image: Unsplash/katemangostar
In recent years, online casinos have enjoyed considerable popularity primarily due to the slot machines. Experts portal Vulkan.bet analyzed the market and gathered some of the best online slots today.
Why are they so popular?
Software development for online slots is key to quality, user comfort and, most importantly, a payout guarantee. The gaming industry has long had a pool of developers that have long produced their best games.
These slots have become the best of their kind and are loved by users not only for their high payout percentage, but also for their beautiful graphics and exciting prize tournaments. Find them after reading you can in Vulkanbet live casino.
Gonzo's Quest
This is one of the most winning game simulators in online casinos in the last few years. It has everything you need for an exciting and interesting game - a lot of winning combinations, a bonus round - free spins with increased odds of winning, beautiful sound design.
Distinctive features of the slot:
- avalanche-like reel scrolling;
- gambling symbols in the style of stone slabs from the Aztecs;
- broad betting range of 20 to 100 loans on a line.
Book of Ra
Book of Ra - online slot machine game for daring travelers. It has an interesting prize game, which features a generous bonus system, and a classic round of doubling up cards, where you can multiply your bonus winnings by several times.
The slot machine's features include:
- bonus game of 20 free spins;
- eye-catching navigation interface with an Egyptian-inspired design;
- high payout percentage - 94.2%.
Mega Fortune
A slot game with 25 paylines, 3 progressive jackpots and a free spins bonus round. This slot features themed game symbols in the form of yachts, jewelry and posh limousines. But the main highlight of the simulator is the exciting prize game. Once in, there is a massive wheel of fortune to spin and a chance of hitting the jackpot.
The distinguishing features of the machine:
- exciting gameplay;
- big winnings;
- possibility of getting the jackpot.
Crazy Monkey
Legendary slot machine with funny cartoon characters and interesting prize level, where you can both make a big score, and remain with nothing, getting hit on the head with an anvil. This slot machine is played every day by an average of 7,000 to 8,000 users. He fell in love with the players not only for its fun gameplay, but also for an incredibly high percentage of payout - 98%.
Distinctive features of the slot:
- risk game;
- unusual bonus round;
- nice design.
Divine Fortune
In this game, it's possible to hit the jackpot, even with the smallest bet. The path to the jackpot is opened by the bonus level, which consists of three free spins. You can become the lucky winner of the jackpot if you completely fill 1 or 3 paylines with coins while using the free spins.
See: Reasons Behind Canada’s Success in the iGaming Market
The distinctive features of the machine:
- high payout - 96.59%;
- wide range of bets - from 0.2 to 100;
- progressive jackpot.
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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How Bitcoin Affects the Growth of the Canadian Online Casino Industry
March 20, 2023
Image: Unsplash/Traxer
Bitcoin has become incredibly popular in Canada over the past decade. Celebrities keep tweeting about it. Casinos are now accepting it for payments while tech-savvy Canadians are buying it as an investment.
In the online casino space, almost every website has bonuses for crypto users. Some of them also feature games created on the blockchain. What’s this commotion all about? How is Bitcoin benefiting online casinos in Canada?
Fast and Secure Payments
Slow, unsecured payments kill hundreds of businesses every year according to the Harvard Business Review. That’s why many new casinos are embracing crypto at such a fast pace.
Bitcoin processes transactions in an average of 10 minutes. If you use an alternative coin like XRP, you can send money around the world in seconds. It doesn’t matter if you’re sending $10 or $1 billion worth of crypto—the blockchain system is lightning fast.
It’s also secure. Bitcoin addresses are encrypted using cryptography. This means no one can decipher the data. Secondly, they’re stored on the blockchain, which is decentralized and impossible to hack.
Although most crypto casinos accept bitcoin for deposits, some of them also accept Ethereum, Litecoin and Bitcoin Cash. Visit Bitcoincasinocanada.com to find the best crypto casinos and the cryptocurrencies they accept.
Low Transaction Fees
Both gamblers and online casinos benefit where low fees are involved. As a casino player, you can save money while transacting with your favourite betting site. For casinos, low fees increase profits.
Bitcoin offers much lower fees than credit/debit cards and bank transfers. That's because it eliminates the middleman. You see, a payment made through a wire transfer must be approved by the bank.
If you deposit through a credit card, your credit card company must approve the transaction. In both cases, the middleman takes a small cut for their service. In the world of crypto, there’s no intermediary.
Crypto provides peer-to-peer payments, meaning you can send money to your friend without asking for approval from anyone. There’s a catch, though. To keep the blockchain secure, every payment must be verified.
The people who verify crypto transactions are called miners. They verify transactions through a resource-intensive mining process. To reward them, crypto users pay a small of money during every transaction.
Cross-Border Transactions
When you think about it, some of the most popular online casinos in Canada are located overseas. Some, like this Blockchain-based online casino, are located in Curacao. Some are based in Malta while others have their headquarters in Panama.
Despite that, these casinos provide smooth gambling services in Canada. The reason they’re successful has everything to do with cross-border payment methods.
They allow players to gamble through Visa, MasterCard, PayPal, Skrill and wire transfers. Lately, these sites are accepting bitcoin because it operates all over the world.
If a Canadian casino wants to target customers from all the major continents, crypto offers the ideal payment option. Sure, some governments have tried to ban it. But these measures seldom work. Governments can’t control blockchain technology. And that means crypto will continue to thrive.
Reducing Fraud
Did you know chargeback fraud costs online businesses $20 billion every year? That’s right. People are constantly trying to rob businesses like casinos. Crypto is offering a solution.
When you send money through bitcoin, there's no chargeback. If you make a mistake, you lose the money for good. If you deposit funds to your favourite casino, you can't ask for a chargeback.
This means you need to be careful about the gambling sites you use. It’s in your best interest to conduct due diligence to avoid fraudulent sites. If you run an online casino, the absence of chargebacks is a huge win. People can’t take advantage of you by asking for refunds even after they spent their money.
A Potential Inflation Hedge
The Federal government keeps printing new dollars. That means the CAD will continue to lose value over time. With bitcoin, there will be a maximum of 21m BTC ever.
More than 80% of all bitcoins have been mined, which means scarcity is increasing. Scarcity means more demand and higher prices—a hedge against inflation.
Casinos using crypto can make more money by just holding onto their coins. Sometimes crypto loses value. So, holding crypto required for day-to-day operations may not be the best idea.
With that said, operators can keep some profits in offline crypto wallets. Crypto has proven to be an excellent hedge against inflation in the long term.
Enhancing Convenience
As crypto becomes popular in Canada, so will the demand for bitcoin online casinos. Crypto is one of the most sought-after financial assets in North America, especially in the millennial and Gen Z demographics.
Most people buy bitcoin and altcoins to make profits. However, there's also an avid group of crypto users who purchase the coin to use it for everyday payments on eCommerce sites and betting apps.
People who love bitcoin and Ethereum expect casinos to offer crypto deposits and withdrawals. Some of them also want to play blockchain-based slots and table games.
Yes, developers are now creating gambling games on the blockchain. These games have one unique feature—they’re provably fair. You can check the blockchain to confirm you won or lost fairly.
Increasing Traceability
Some online casinos use the blockchain to manage all their payments. The blockchain works as a ledger that stores data transparently. This way, a company can trace every payment in real-time.
Unlike humans, the blockchain does not make errors. This helps operators maintain their records and also save money. It also helps them streamline operations—they can settle bills, clear payouts and manage deposits on the same platform.
Conclusion
Crypto is transforming the online casino sector in Canada. And both the gamblers and casinos love it. Bitcoin fans who love to play slots and card games can now deposit funds through BTC or ETH.
See: Bitcoin Payments on the Rise
On the other hand, casinos have a new customer base. They can reduce operational costs and invest some of their profits in the ever-growing crypto market.
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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Crypto Banking Crisis Props Hard Assets as Tokenized Diamond Sales Surge
CoinDesk | Aoyon Ashraf | Mar 16, 2023
Image: CNBC/FastMoney, Diamond Standard
Sales of tokenized diamonds surged 300% last weekend, when three banks collapsed and investors scrambled to sell their USDC stablecoins.
- The collapse of three prominent U.S. banks over the weekend led to market volatility and a lot of uncertainties as to where investors could stash their cash. Gold, the age-old safe haven, saw a boost in prices by about 5% since last week, and another asset that caught investors' attention was diamond – digitized diamond.
- Diamond Standard, a blockchain company that tokenized and standardized the diamond market to allow investors buy the previously hard-to-invest-in gemstone, said it saw a large spike in its marketplace after the banks started to shut down.
- The company gathers physical diamonds together in a "coin" of standardized value that's stored in a vault. Each holds eight to nine diamonds. The diamond-embedded tokens are digitized through an Ethereum-based digital coin, bitcarbon, which is tradable on different exchanges.
- Most of the buyers are existing customers, which include individuals, family offices and some smaller hedge funds, Kinney noted. During the chaotic weekend, Diamond Standard Spot Market, a peer-to-peer marketplace with a centralized limit order book, remained open 24/7 and handled a jump in volumes, the company said.
- Diamonds like other assets can be insured and stored safely in secure location such as Britannia Safe Deposit Centre.
See: Bank-Issued Deposit Tokens Emerge and JP Morgan Sees Them Going DeFi
- The firm's patented technology is designed to create a more transparent system allowing investors to track supply chains and subsequent ownership of the world’s ultimate bling more easily and efficiently. The company also standardized the value of diamonds by creating a uniform system through blockchain technology.
- Kinney said his company primarily banks with Signature Bank, though it has relationships with other banks. While the weekend’s events had been worrisome at the time, he says the company is still using Signature Bridge Bank – a new interim entity that will be temporarily run by the Federal Deposit Insurance Corporation (FDIC) – which has transferred all of the deposits and majority of the assets of former Signature Bank.
Continue to the full article --> here
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Seedrs Update: UK Equity Crowdfunder Raises Over US$100 Million Online Capital In February
Crowdfund Insider | | Mar 10, 2023
Seedrs, a top UK-based investment crowdfunding platform that operates across Europe, is reporting £84 million in investment across all securities offerings during the month of February (so Seedrs could top USD $ 1 billion during 2023)
- Seedrs noted it booked its 49th exit of a portfolio company as Cushon, a Fintech, was acquired by Natwest Group. Seedrs investors received £7 million in returns, with the earliest investors capturing 5X times the money invested, before tax relief. Cushon completed multiple funding rounds on Seedrs so later investors received smaller returns.
- February 2023: Seedrs said that nine “primary campaigns” (or retail offerings) raised £18.5 million from over 3,800 investors. Seedrs highlighted the following securities offerings during the month including:
- Tandem, a UK-based regulated digital bank, raised £8 million in a Private Deal Room offering
- OddBox, a Foodtech startup, raised £5.9million to fund their mission of having consumers use unwanted produce
- Fantasy football platform Fantasy Football Hub raised £788,000
- Fintech The Portfolio Platform secured £ 1.5 million for its tech investment platform
- Sustainable Venture’s Sustainable Accelerator raised over £ 1.6 million in February. The fund invests in startups tackling climate change.
See: Equity Crowdfunding Growth: It Took UK Seedrs 8 Years to Raise the First £1Billion and Only 2 Years for the Next Billion
- Also February: Seedrs also provided an update on its Secondary Marketplace, which continues to grow. Seedrs reported that Fintechs and the Food and Drink sector were the most active trading segments. Approximately 306 issuers traded shares representing a 38% increase in sales in comparison to January 2023.
Continue to the full article --> here
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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How to Get the Most Out of Your Money Online Betting In 2023?
March 10, 2023
Image: Pixabay/jeffjuit
Money online betting is increasingly becoming popular because of its numerous benefits. It is fun, simple, and an excellent way to make extra money. You can make the most out of your betting money with the following tips.
1. Pick a Good Betting Site
Getting a good online betting site is one of the most important things to do if you need to stretch your dollar. Ensure that the platform you choose suits your specific needs. Don’t risk your money on a random bookie, especially if it has no proof of licensing.
Licensing aside, pay attention to a sportsbook’s reputation and bonus policies. Don’t just look at a website’s betting bonus March Madness offers. Also, read its bonus terms and conditions.
Likewise, find out from people who’ve used the sportsbook if it pays out money to winners consistently. No one wants to experience frustrations while trying to withdraw their winnings.
2. Find the Best Lines Available
You may be tempted to stick to a specific sportsbook over time. However, this isn’t always a good idea. It keeps you from accessing better odds for different games.
Finding the best lines can have a significant impact on your overall profits. Since many sportsbooks are now investing in their safety, you should have no problem finding a good one. There is no reason not to sign up for multiple sportsbooks. Shop around and compare prices before investing your money.
3. Take Advantage of Live Betting Opportunities
Making bets before the start of a game may be a common strategy, but it isn't always your best option. Placing bets during the game could turn out to be more profitable than you imagine. Most times, online sportsbooks determine their live spreads using algorithms.
They don’t consider the ‘flow of the game’ as much as you would think. Let’s consider a football game where one team starts off with a seven-point advantage over its opponent. If the preferred team lands a quick touchdown early in the game, the live spread will likely increase to over ten points.
In such situations, you would be successful if you bet on the underdog. Usually, the oddsmakers’ initial lines are pretty accurate. You can use the idea of ‘regression to the mean’ to your advantage, except when the final score is closer to the posted line.
4. Develop a Betting Strategy
A proper betting strategy could help maximize your profits. Come up with a set of rules and follow them whenever you place a bet. A proper strategy will help you stay calm and focused on the job at hand. It minimizes distractions and makes it possible to make the most of your investments.
Understand your betting style before creating a strategy. Do you prefer to play it safe, or are you risk-averse? Your strategy should include the amount you can afford to bet, your list of bets, and your preferred sports. It should also include a guide for when you suffer losses.
5. Experiment During Off-Season
Although you can wait until the playoffs to bet on a sport, start practicing immediately. Practice can help keep your excitement up during the off-season. Many betting sites have huge game selections and an even bigger variety of games.
They also have attractive bonuses and promotions for both new and old players. You should have no trouble making money during off-season.
6. Understand the Rules of the Game
Don’t start placing bets online until you completely understand the rules of the game. Doing so would be a costly mistake. If you prefer a specific sport, learn the rules and regulations so you can make informed betting decisions. Researching on the most successful players and teams could improve your odds of winning.
7. Set Realistic Expectations
While you can make some serious bucks betting online in 2023, don’t go in expecting to be an overnight millionaire. Setting realistic expectations will save you from chasing losses and betting beyond your budget.
No matter how great your strategy may be, you will likely lose a few games at some point. You can't accurately predict the outcome of every match. In some games, your profits may be less than you would prefer.
Think of online betting as a long-term activity. Instead of trying to make your profit all at once, create a long-term strategy. Be patient and perfect your skills before expecting significant profits.
8. Avoid Emotional Betting
Betting with your heart never turns out well. While everyone loves and roots for the underdog, betting on them is a significant risk. Although anything is possible, you must remain realistic. Hope doesn’t win games. Pay attention to the players, form, and class.
If you need help separating yourself from your favorite team, don't bet on its matches.
Betting against a team that you’ve always supported can be difficult. However, it may be the only way to keep the profits coming.
9. Focus on One Sport
If you can, consider studying one sport and specializing in it. Master everything the sport entails, and create a specific betting strategy. The more you know about a sport, the more likely you are to find the winning team.
Studying allows you to accumulate more statistical and logical data. It improves your likelihood of choosing the best bet even when you have many options.
Pick a niche and learn everything about it. Identify the teams that make it up and consider the trends through the seasons. You will be a master of the sport in no time.
10. Claim Your Bonuses
Most of the leading online casinos offer bonuses to promote loyalty and stand out from the competition. Bonuses improve the value of your money and improve your profits. They are some of the most critical parts of your online betting experience. The best bonuses are those that give you free playing money.
See: How Big Data & AI is Enhancing the Sports Betting Industry for the Greater Good
Luckily, lots of bookmakers now offer competitive welcome bonuses and loyalty rewards. Compare them and sign up to multiple platforms for the best rewards.
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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Interac Sports Betting
March 4, 2023
Image: Pixabay/bianca-stock-photos
Brief History of Interac
There are so many different sportsbooks and payment options available. Hence, choosing the right platform can be overwhelming. It is where Interac sports betting comes in, providing a safe, fast, and convenient way to place bets on your favorite sports. Interac is a trusted payment method that allows users to securely transfer funds directly from their bank account to their sportsbook account.
In this blog, we will explore the world of Interac sports betting, discussing its benefits, features, and how to use it to place bets on your favorite sports teams and athletes.
The two companies merged into one entity called Interac Corp. in 2018. After the two firms joined, only Interac Corp. has been selling goods under the Interac brand. The range of offerings from this business has expanded over time. Interac continued its reign atop the financial services sector in 2021.
Support for Interac is common among sports betting sites that want to break into the competitive Canadian market. Several online retailers, including offshore sportsbooks, accept Interac as a safe and secure payment method. It's completely changed how Canadians deposit and withdraw money from their sports betting accounts.
Depositing and Withdrawing with Interac Sports Betting
Betting sites that accept Interac payments make the deposit and withdrawal process as easy as possible. The good news is that funding your account is a breeze.
You can fund your betting account using Interac without signing up for an Interac account by logging into your account, going to the cashier, and clicking the 'Interac' button.
The funds will be available in your betting account nearly immediately after you complete the deposit through the Interac system. Its ease of use is mainly responsible for the explosion in the selection of betting sites that use Interac.
Advantages of Interac Sports Betting
The low fees associated with making deposits and withdrawals using Interac are a big selling point for the service. Because of the widespread adoption of Interac, sites that facilitate online sports betting are already mainstream.
The inability to use Canadian dollars to make deposits and withdrawals from online gambling sites is a huge issue for Canadians. Luckily, Interact doesn't have this issue. The fact that deposits can be made in Canadian dollars makes Interac a popular choice among Canadians. For this and other reasons, Interac is accepted by various online sportsbooks.
The set charge is another key perk of using Interac. The cost of using Interac is meager, although some consumers may balk at the concept of paying any fee at all.
It means that the cost is the same irrespective of your deposit. Some Interac-accepting bookmakers may even reimburse you for your transaction costs. Another way to say this is that they will deduct the costs from your betting account, making them zero.
Disadvantages of Interac Sports Betting
Generally, the benefits of using Interac for online betting outweigh the drawbacks. However, there are a few downsides to consider.
- Firstly, Interac is only available to Canadian residents. If you're outside Canada, you must use a different payment method.
- Secondly, while most central banks in Canada support Interac, some do not. It's essential to check with your bank to see if they are part of the Interac system.
Interac Sports Betting Service Security Operations
One of the biggest worries of those who gamble online is that their money will be stolen. Since 1984, Interac has been providing its services. The fact that it has lasted for so long bodes well for its reliability. In addition, only respectable banks offer Interac as a payment option, which would not be the case if the service were unreliable.
Both the receiving and sending banks to handle the processing of Interac transactions. The security at banks is legendary for its reliability. Furthermore, Interac uses cutting-edge security features, making it the safest way to send and receive money in Canada. Interac uses end-to-end encryption technology, just like other reputable payment methods.
The financial institutions that are a part of this offer one of the safest login methods in the world. Accessing your online banking will require your user ID and password. You must create a security question and answer before you may send funds. The receiver must enter the correct security response. If this doesn't happen, the deal falls through. It lessens the potential for funds to be sent to the wrong person.
For more information on Interc sports betting services, check out this YouTube video:
Conclusion
To make a payment in Canada, use Interac. It allows users to make payments quickly and easily whenever they like. In addition, Interac provides a wide range of products to meet all customers' requirements. Among the several Interac products in use, e-Transfer and Interac Online are the most popular among those who partake in online sports betting.
See: Could DAOs Be the Future of Sports?
Your monetary dealings can be processed securely and for next to nothing. If you're a gambler looking to top off your account immediately, Interac is your best bet. Also, winners can withdraw their Interac balances.
FAQs
1. Can I Withdraw Using Interac?
Indeed, it is possible to withdraw funds using Interac as well. It would help if you learned about "depositing and withdrawing using Interac" to avoid making mistakes.
2. Which Countries Can Use Interac?
Interac is restricted to use by citizens and permanent residents of Canada. Bookmakers that support Interac will let you know, and if you're not in Canada, you can choose from various deposit options.
3. Is Interac Safe?
Interac is an exceptionally safe and secure platform. Their infrastructure has been developed over a significant period and utilizes cutting-edge encryption technology to safeguard your personal information.
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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Investment Crowdfunding for Retail Investors
MoneyWise | Barry Choi | Feb 28, 2023
Image: Freepik/rawpixel.com
Equity crowdfunding platforms are becoming more common in Canada, and it’s allowing everyday investors to own part of the action that was once reserved to accredited investors.
- With equity crowdfunding, a large number of investors can contribute to a business via platforms like FrontFundr or Equivesto. When investors contribute to a business through an equity crowdfunding portal, they receive a stake in the business. Equity crowdfunding allows start-ups to raise funds without loans, while investors are able to gain equity in a company for a fraction of the price of a traditional buyout. With equity crowdfunding, Canadian start-ups are allowed to raise up to 1.5 million dollars during a 12-month period.
- In Canada, the investment limit for retail investors in equity crowdfunding depends on the province where the investor resides and the type of securities being offered. Generally, the investment limits for equity crowdfunding for retail investors in Canada are as follows:
- In British Columbia, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, and Prince Edward Island, the investment limit for retail investors is $1,500 per offering, with a maximum of $5,000 per year.
- In Ontario, the investment limit for retail investors is $2,500 per offering, with a maximum of $10,000 per year.
- In Alberta, the investment limit for retail investors is $5,000 per offering, with a maximum of $30,000 per year.
- Investors can invest in multiple offerings as long as they don't exceed the annual investment limit for their province. Additionally, some provinces may have different rules for accredited investors, who have higher investment limits due to their higher net worth or income levels.
See: Hardbacon: Why we launched an equity crowdfunding campaign in the middle of a bear market
- Equity crowdfunding doesn’t only make it easier to contribute to individual companies, some view it as a key to giving consumers more economic power.
- Getting funding can be essential for entrepreneurs to survive, but not all companies will qualify for crowdfunding platforms.
- Risk Reward: There’s always a chance that the company you invest in fails, causing you to lose your investment. This is a risk with all investing, but is more likely for start-ups and early-stage businesses.
- Real estate Crowdfunding: Companies such as Willow and Addy split properties into equal shares and make them available to the public. If they buy a property for $500,000 it could then be split into 500,000 units. That means you could own a part of a home for as little as $1.
- Once you purchase a share, you get a proportionate share of rental income.
- You can also get paid if the property is sold for profit.
- Not only do you get fractional ownership in a property, but you don’t have to deal with lawyers, realtors, or land transfer taxes when selling your units.
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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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