Karsten Wenzlaff, Advisor
August 26th, 2025
NCFA Canada | Craig Asano | Jun 4, 2021

TORONTO — Jun 4, 2021 — The National Crowdfunding & Fintech Association of Canada (NCFA), the non-profit cross-body organization that promotes and supports fintech and funding throughout Canada, successfully concluded its seventh annual flagship Fintech and Financing Conference – FFCON21 in partnership with Toronto Finance International (TFI), which was held digitally from May 11-13, 2021.
The conference entitled “Breaking Barriers” 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.
Founders and innovators, industry experts, investors, regulators, lawyers, and many more shared their insights, successes, and challenges, contributing invaluable insight to assist both Canadian and global companies with building stronger, more competitive and responsible entities that will shape the future of finance and society.
FFCON21 broke its own barriers this year boasting 130 notable global key speakers from a wide range of public and private sectors including two Canadian government ministers, a political champion Canadian Senator, and Sophia – the world-famous Humanoid Robot. The 560 registered attendees engaged in 400 hours of targeted networking meetings throughout the three-day conference. The full list of FFCON21’s influential speakers can be found here.
Highlights from FFCON21:
Congratulations to the 2021 Fintech Draft Pitching Competition Winners
The event also featured the second annual 2021 Fintech Draft designed to identify, promote, and reward emerging and high growth fintech start-ups and scaleups. Of the outstanding competing companies, the organizers wish to congratulate:
Agryo — (Overall Winner) — A global risk intelligence provider that enables financial institutions to assess and manage financial risks in the crop field level for underwriting agriculture insurance, loans, and trade finance globally; as well as meet sustainability goals.
Copia Wealth Studios — (People’s Choice) — A financial intelligence platform that uses modern design and machine learning to bring all investments (including Alternatives and Illiquid assets) into one elegant view.
NFT Charity Auction ‘Fintech for Good’
FFCON21 also saw the launch of conference’s inaugural Charity Auction which this year is being held in aid of CanadaHelps COVID-19 Healthcare & Hospital Fund, an organization which supports more than 110 hospital foundations across Canada that are supporting urgent needs in response to COVID-19.
The auction, which kicked off during the event will run until June 6 of this year, features unique digital donations from artists and organisations including Liquid Avatar, Pierre Bourque, Blockchain Intelligence Group, SuperWorld and Nathan McCrorey. Collectors interested in owning an exceptional #NFT can access the auction and bid on items on Blockparty’s new NFT marketplace using this link.
The organisers also welcome donations from artists, individuals or companies who wish to support this worthy cause.
The NCFA FFCON conference, held virtually on May 11-13, continues to be the largest and most influential Fintech conference in Canada.
To view the FFCON21 highlights video please visit https://fintechandfunding.com/.
The organizers offer special thanks to all the attendees, conference partners, speakers, companies, and volunteers that helped make FFCON21 an informative and memorable event.
About the NCFA
The National Crowdfunding & Fintech Association (NCFA) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain and cryptocurrency, Regtech, and Insuretech sectors. To learn more about NCFA visit www.ncfacanada.org
About FFCON
FFCON (Fintech and Financing Conference) is an annual conference hosted by Canada’s National Crowdfunding and Fintech Association (NCFA). Now in its seventh year, FFCON21 brought together professionals and innovators in fintech, blockchain, cryptocurrency, and alternative finance. Further information about the conference series can be found at www.fintechandfunding.com
FFCON Contacts
Conference Chair
Craig Asano
Founder and CEO, NCFA
casano@ncfacanada.org
(416) 618-0254
Partnership Inquiries
Lauren Linton
Advisor, NCFA
lauren@ncfacanada.org
(416) 569-4349
Media Contact
Michele McDermott-Fox
The Top Floor Public Relations
pr@thetopflooragency.com
(905) 379-1893
BCSC | Release | May 26, 2021
VANCOUVER, BC, May 26, 2021 /CNW/ - Promotions of companies with a connection to British Columbia would become more transparent under new rules proposed by the British Columbia Securities Commission (BCSC).
The disclosure requirements, being published for a 60-day comment period, would enable people to better evaluate the reliability of statements that encourage investment in issuers of securities, often made with the aim of driving up an issuer's share price.
"People should know if someone promoting a stock has a financial or other interest, because that would help them decide how much weight to give the promotion and make better informed investment decisions," said Peter Brady, the BCSC's Executive Director.
The rules would apply to newsletters, financial blogs, emails, oral statements, social media posts, videos or any other communications, in any platform or medium, and would require promotional communications to disclose:
The proposed requirements – the first of their kind in Canada – stem from Securities Act amendments that give the BCSC greater power to regulate promotional activity, which is sometimes conducted by issuers, by shareholders, and by third parties. The BCSC can now regulate promotional activity regardless of who is actually conducting it.
The new requirements would apply to all promotional activity that occurs in – or has a real or substantial connection to – B.C., with certain exceptions.
The BCSC is also proposing a couple of other requirements for venture issuers, as defined in the proposed B.C. Instrument:
"Some companies have a legitimate need to engage in promotional activities and they should have no trouble complying with the proposed rules," Brady said. "But abusive stock promotions are a scourge that go hand in hand with abusive trading, and the new rules would give us one more tool to tackle them."
The BCSC is seeking comments on the proposed rules by July 26, 2021.
View release: 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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Business Wire Release | BuyProperly | May 18, 2021

TORONTO — BuyProperly, Canada’s AI-driven fractional real estate investing platform, announced today the close of $2M in funding, led by Nurture Ventures with follow-on participation from FastBreak Ventures and notable angel investors. The investment will be used to further develop BuyProperly’s AI-driven property identification model, expand its national footprint with properties in Ontario, Quebec, Nova Scotia and New Brunswick, and add properties in the US to its proprietary distribution network.
Founded in 2019, BuyProperly has been quick to establish itself as a leading fintech platform, enabling individuals to invest in real estate for as little as $2,500.
“I founded BuyProperly because I was unable to invest in the real estate market with the savings I had,” said Khushboo Jha, Founder and CEO of BuyProperly. “Now more than ever, real estate is seen as an inaccessible investment option and BuyProperly offers a seamless entry point for individual investors to high yield opportunities in the real estate market.”
The company is on a mission to simplify the real estate market. In less than seven minutes, individuals can go online and complete a fractional real estate investment with expected returns of 20-40%. BuyProperly’s proprietary AI evaluates over 1.5Million data points to identify high yield real estate opportunities that can deliver above average returns. Through BuyProperly, investors can grow their wealth without high upfront costs and the traditional hastles of property ownership and management. Additionally, the company rents out the fractionally-owned properties to high-quality AAA tenants, earning investors passive income alongside their long-term investments.
Since inception, BuyProperly has seen its customer base grow by 5X with 30% of customers investing in more than one property on the platform. This round of funding brings exciting new growth opportunities for the company including the expansion of its operations and innovation team, and the addition of 30 new investment properties available to customers by the end of 2021.
“I’ve had the fortunate opportunity to be a part of BuyProperly and Khushboo’s journey since the beginning,” said Saurabh Dutta, Partner, Nurture Ventures. “The market need for fractional real estate investing is clear through the customer growth BuyProperly has seen in only a short amount of time. I am excited to continue to be a part of this journey as the BuyProperly team enters a new phase of growth.”
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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WALO Technology | Rim Charkain | May 25, 2021

QUEBEC CITY, QC, CANADA, May 25, 2021 /EINPresswire.com/ -- To celebrate the launch, WALO offers, for a limited time only, their solution for free for an entire year. Full details about the new app that is available on both the iOS and Android platforms, as well as the promotional offer, can be found at https://walo.app.
WALO takes a unique approach to address the financial literacy gap, by empowering parents to teach their kids about money. Their first official product, WALO Plug™, is a mobile app that connects to any major Canadian bank or credit union account, and allows parents to automate allowances and give their children the gift of practical everyday financial education. By using proprietary algorithms, WALO guides their young users into making the next best action via a gamified financial learning experience.
WALO is bringing the weekly allowance into the digital era for Canadian parents, while also allowing kids to learn how to earn, save and spend money responsibly. Parents can easily automate their children’s allowance, send one-off transfers or contribute to their children’s saving goals. By creating and completing goals, kids develop healthy saving habits and understand the value of delayed gratification.
Currently, the app is available in French and English throughout Canada and can be downloaded on the Apple Store and Google Play Store as WALO Smart Allowances.
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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Liquid Avatar Technologies | Cara Buckspan | Apr 26, 2021

TORONTO, ON / ACCESSWIRE / April 26, 2021 / Liquid Avatar Technologies Inc. (CSE:LQID)(OTC PINK:TRWRF)(FRA:4T51) ("Liquid Avatar Technologies" or the "Company") a global blockchain, digital identity and fintech solutions company, is excited to announced that it has launched the KABN Prepaid Visa Card in Canada, powered by the XTM Inc. (PAID)(XTMIF) payment platform and its sponsoring financial institution.
Liquid Avatar Technologies has begun to roll out the program in Canada and has plans to expand its card program rollout to other geographic regions subject to all necessary approvals. The KABN Prepaid Visa Card and Card App will provide users with a host of services similar to those of major financial institutions. Additionally, the KABN Prepaid Visa Card will integrate seamlessly with the Liquid Avatar mobile App, providing qualified Liquid Avatar App users with an easy way to apply for and access their KABN Prepaid Visa Card directly from the Liquid Avatar mobile App.
KABN cardholders will automatically be entitled to participate in KABN KASH, an exclusive and customized consumer experience where users can earn cash back on transactions with over 400 major online merchants, like Chapters Indigo, Walmart, Lenovo, Sephora, Viator, Nike and others. Liquid Avatar mobile App users that also have a KABN Prepaid Visa Card will, from time to time, receive additional bonus offers.
As part of its onboarding strategy for KABN Prepaid Visa Cardholders, the Company's state of the art, Verifiable Credentials Ecosystem, will provide users with a digital identity verification and validation services at no charge. Thus, allowing them to prove their identity continuously without the hassle of verifying time and time again to a growing list of online service providers and other value-based programs. In turn, validated users are qualified, subject to permissions and necessary approvals, for unique and customized financial services other value-based opportunities via KABN KASH.
According to Prepaid Cards Canada (Payments Canada 2020) Canadian Payments: Methods and Trends 2020, in 2019, prepaid cards, either plastic or virtual, grew significantly at the Point of Sale ("POS") with respectively, an 8% increase in volume and a 6% increase in value.
Nearly one in five Canadians either purchased or received at least one prepaid card per month. Young adults, those aged 18 to 34, and unbanked Canadians are the most common users of prepaid payments products. This is driven by a lack of access and acceptance of traditional banking products and services. Prepaid cards are starting to be used by a wider base, as those who seek security and identity protection for purchases have turned to prepaid cards as an alternative to cash. As prepaid cards are not directly linked to user account information, they offer an electronic method of payment that carries many of the benefits of cash.
A recent study found that 70 per cent of Canadians are more concerned about fraud today than they were five years ago, which can drive more consumers towards prepaid cards to minimize the risks that come with sharing financial information online or using cards directly linked to banking accounts. The use of prepaid cards has been accelerated by emerging e-commerce and mobile payments trends. Prepaid cards accounted for 10 per cent of e-commerce payments in 2019.
Canadians were three times more likely to use a prepaid payment for e-commerce than they were at physical POS merchant locations. The growing use of mobile payments also plays a significant role in accelerating prepaid card use. In 2019, 80 per cent of prepaid POS purchases were made using closed-loop store cards, with a notable number of prepaid purchases being linked to mobile devices and virtual prepaid cards. Over a quarter of Canadians (28 per cent) used at least one prepaid virtual card. The use of prepaid cards at these establishments is directly linked with rewards and loyalty programs that drive consumer usage.
"The KABN Prepaid Visa Card will give Canadian users access to unique value programs helping to enhance their spending power wherever Visa is accepted, in more than 200 countries and territories worldwide," said Michael Konikoff, Chief Revenue Officer of Liquid Avatar Technologies. "We are excited to be launching this pivotal part of our fintech network and to be working with XTM to accelerate our joint business efforts in Canada."
"Liquid Avatar Technologies' unique business model creates opportunity to convert a growing number of qualified, authenticated users into active program participants," said Marilyn Schaffer, CEO, XTM. "We expect to see rapid growth of this dynamic user base throughout Canada."
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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ASC / FCAA | Denise Weeres | Apr 1, 2021
As part of our efforts to reduce regulatory burden, optimize securities regulation in an effort to foster capital formation, the ASC and the Financial and Consumer Affairs Authority of Saskatchewan (FCAA) have adopted a new prospectus exemption. CSA Multilateral Notice of Implementation 45-538 Self-Certified Investor Prospectus Exemption is designed to provide greater access to capital for Alberta and Saskatchewan businesses and broaden investment opportunities for investors in both provinces.
The new prospectus exemption permits investors who certify to having certain financial and investment knowledge, and acknowledge that they understand certain investment considerations and risks, to invest alongside accredited investors, with certain restrictions.
This is the third initiative the ASC has undertaken recently to support small businesses in their capital raising efforts, while still prioritizing the protection of investors. The other two were published for comment last week.
The first, ASC Proposed Blanket Order 31-536 Alberta Small Business Finder’s Exemption, is a proposed new registration exemption for finders to help start-ups and small businesses that have not raised in aggregate more than $5 million under available prospectus exemptions.
The second, CSA Multilateral Notice and Request for Comment 45-539 Proposed Prospectus Exemption for Small Business Financing is designed to provide greater access to capital by start-ups and other small businesses in Alberta and Saskatchewan and broaden investment opportunities for investors.
Later in April the ASC will be hosting a webinar to discuss these initiatives and to encourage feedback on the two proposed exemptions. More information will be shared about this webinar once it is available.
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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