Karsten Wenzlaff, Advisor
August 26th, 2025
Karsten Wenzlaff is a Crowdfunding and Fintech Expert from Germany. He is Secretary-General of Digit[...]
Category Archives: Press Releases
Ulule launches The Big Step and will contribute $30,000 to high-potential France/Canada initiatives
CNW Press Release | Ulule and National Bank of Canada | Nov 8, 2015
MONTREAL, Nov. 6, 2015 /CNW Telbec/ - Ulule, Europe's leading crowdfunding platform that has been active in Canada since last April, is launching The Big Step project to recognize and nurture promising France/Canada initiatives. Anyone interested in submitting a project has until April 15 to meet the participation conditions.
Based on a jury selection, three initiatives—one from France focusing on Canada, one from Canada focusing on France and one joint France/Canada initiative—will each be awarded $10,000.
In spearheading this trans-Atlantic project, Ulule will be assisted by National Bank of Canada and BNP Paribas, two banking partners with an entrepreneurial spirit.
"National Bank is pleased to participate in The Big Step, which will help strengthen entrepreneurial ties between France and Canada, explained Yann Jodoin, Senior Vice-President – Client Strategy, Marketing and Branding at National Bank of Canada. National Bank was founded more than 150 years ago by entrepreneurs. Supporting the emergence of talented individuals and assisting them with their development are part of our founding mission."
BNP Paribas has been a partner of Ulule in France for a number of years and is proud to support The Big Step. "We are confident that this project will help promote innovative French and Canadian initiatives and that this award will give added momentum to the Ulule platform in Canada," added Sauveur Menella, Vice-President – Brand and Communication for Canada.
See: Big banks embrace disruptive ‘fin tech’ startups
According to Alexandre Boucherot, Ulule Co-Founder and Chairman, who moved to Montreal in 2014: "By definition, taking the leap is a big step for any creator or entrepreneur. With this award, we hope to foster and promote French and Canadian initiatives that build bridges between our countries and our cultures."
Chaired by Giuseppe de Martino, Secretary General of Dailymotion, the jury will consist of Yann Jodoin, Senior Vice-President – Client Strategy, Marketing and Branding at National Bank of Canada; Sauveur Menella, Vice-President – Brand and Communication for Canada, BNP Paribas; Alexandre Taillefer, Managing Partner at XPND Capital; Caroline Ramade, Deputy General Delegate at Paris Pionnières and two members of the Ulule community.
For more information about The Big Step and details on how to participate, go to legrandsaut.ulule.com.
Source: Ulule and National Bank of Canada Press Release
The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both social and investment crowdfunding stakeholders across the country. NCFA Canada provides education, research, leadership, support and networking opportunities to over 1300+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding industry in Canada. Learn more About Us or visit ncfacanada.org.
ASC and Nunavut Securities Office Publish Proposed Start-up Business Exemption for Comment
ASC via CNW Newswire | October 19, 2015
The ASC
The Alberta Securities Commission (ASC) and the Nunavut Securities Office today published for comment Proposed Multilateral Instrument 45-109 Prospectus Exemption for Start-up Businesses, which sets out a proposed prospectus exemption to facilitate capital raising by start-up and early stage companies. Subject to certain conditions, the proposed exemption would allow a start-up or early stage business to raise up to $1,000,000 using a streamlined offering document together with a bluntly worded risk warning. Investors would be permitted to invest up to $1,500 in a business or $5,000 with the advice of a registered dealer.
Although not limited to crowdfunding, the proposed exemption could be used to raise funds through an online portal. If implemented, the new rule would only create a new prospectus exemption; if a financing occurs through a portal, the portal would still need to comply with the registration requirement -- e.g., be registered as an exempt market dealer or investment dealer.
The proposed exemption is designed to coordinate with the crowdfunding blanket orders adopted by the securities regulators of British Columbia, Saskatchewan, Manitoba, Québec, New Brunswick and Nova Scotia.
The comment period expires December 18, 2015.
SOURCE Alberta Securities Commission 
For further information: Alison Trollope, Alberta Securities Commission, 403-297-2664; Shamus Armstrong, Nunavut Securities Office, 867-975-6587
View the Proposed Multilateral Instrument 45-109 (Prospectus Exemption for Start-up Businesses) This is the update that replaces 45-109
ASC's Request for Comments
We welcome your comments on the Proposed Start-up Business Exemption. In addition to any general comments you may have, we also invite comments on the following specific questions.
- In setting the lifetime limit of $1,000,000 per issuer group, our goal was to set a limit after which an issuer should have sufficient funds to use the OM Exemption. Do you think this is the appropriate threshold? If not, please provide what you would consider acceptable limits given the parameters of the Proposed Start-up Business Exemption.
- The Proposed Start-up Business Exemption would prohibit an issuer from accepting an investment from an investor of more than $1,500 in a single investment under the exemption, and no more than $3,000 in respect of an issuer group in a calendar year if the distribution is conducted without a registered dealer. The Proposed Start-up Business Exemption would prohibit an investor from investing more than $5,000 in a single investment under the exemption, and no more than $10,000 in a calendar year if the distribution is conducted with a registered dealer. Do you agree with these limits? Are investors generally able to withstand the loss of a $1,500 investment? Do you agree with allowing a higher limit when a registered dealer providing suitability advice is involved? Why or why not?
- Given the potential ongoing costs associated with having a large number of security holders, do you think that the Proposed Start-up Business Exemption will be a useful tool to assist very early-stage and start-up businesses with raising capital?
- Should there be some form of ongoing disclosure e.g., financial statements or notice of proceeds, that issuers using the exemption should be required to provide to their security #5205021 -9- holders? If so, what should it be? What do you estimate as the costs of preparing such ongoing disclosure?
- In addition to filing the offering document, should issuers be required to file all other information (e.g., marketing materials) provided in conjunction with the offering with the regulator?
- Does the risk acknowledgement provide warning to investors of the major risks of investing in a very early stage or start-up business? Are there any other warnings that should be considered?
- The Proposed Start-up Business Exemption is only a prospectus exemption. There is no corresponding registration exemption; consequently, if a portal is used it must be registered as an exempt market dealer or investment dealer. Do you think that this will be a significant barrier for access to financing through the Proposed Start-up Business Exemption?
- If an Alberta-based or Nunavut-based issuer were using the Proposed Start-up Business Exemption, in what other jurisdictions would they likely also seek to raise funds?
- Do you think issuers would want to use the Proposed Start-up Business Exemption in Alberta or Nunavut in conjunction with using Multilateral Instrument 45-108 Crowdfunding (MI 45-108) in other jurisdictions? If so, would it be helpful to issuers if they were able to use, and file, the form of offering document available under MI 45-108 in connection with a distribution under MI 45-109? Are there other accommodations that should be considered for the purpose of harmonization?
- Would it be helpful to issuers to be permitted to use and file Form 45-106F2 Offering Memorandum for Non-Qualifying Issuers, the form of offering memorandum required under the OM Exemption, in lieu of Proposed Form 45-109F1 Start-up Business Offering Document in connection with a distribution under MI 45-109?
- In Alberta, we are considering whether ASC Blanket Order 45-515 Exemption from certain financial statement requirements of Form 45-106F2 Offering Memorandum for Non-Qualifying Issuers will be necessary if MI 45-109 is adopted. Do you anticipate issuers would use Blanket Order 45-515 if MI 45-109 is available?
Please submit your comments in writing on or before 18 December 2015. If you are not sending your comments by email, please send a CD containing the submissions (in Microsoft Word format).
Please note that comments received will be made publicly available and posted on the Alberta Securities Commission website (at www.albertasecurities.com). You should not include personal information directly in comments to be published. It is important that you state on whose behalf you are making the submission.
Address your submission as follows:
Alberta Securities Commission Superintendent of Securities, Nunavut
Deliver your comments only to the addresses below. Your comments will be distributed to the other participating jurisdictions.
Alberta Securities Commission
Suite 600, 250 – 5th Street SW
Calgary, AB, T2P 0R4
Attention: Jessie Gill Legal Counsel, Corporate Finance Email: Jessie.gill@asc.ca
View the Proposed Multilateral Instrument 45-109 (Prospectus Exemption for Start-up Businesses)
The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both social and investment crowdfunding stakeholders across the country. NCFA Canada provides education, research, leadership, support and networking opportunities to over 1100+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding industry in Canada. Learn more About Us or visit ncfacanada.org.
Lending Loop Launches Online Marketplace for Canadians to Lend Directly to Main Street
Marketwired | October 7, 2015
Lending Loop offers all Canadians a better way to borrow and a smarter way to lend
TORONTO, ONTARIO - Lending Loop has launched its Online Marketplace across the country to provide Canadians a better way to borrow and a smarter way to lend. Middle class Canadians can grow their personal wealth by lending to the small businesses at the heart of their community and across Canada.
Traditionally, Canadians have had little choice when it comes to investing their money. Purchasing stocks requires substantial capital, time and knowledge. Mutual funds make hard earned money less accessible. Bonds pay little in the way of interest and bank savings accounts yield even less.
"Today is a brand new day for Canadians and small businesses across the country," explains Lending Loop CEO, Cato Pastoll. "With as little as $50, Canadians can lend their money to the thriving local coffee shop that needs new equipment to grow or the farm around the corner requiring staff to develop a farm-to-home produce delivery program."
Lending Loop was founded by entrepreneurs Cato Pastoll and Brandon Vlaar who, after witnessing firsthand the difficulties their friends and loved ones experienced as small business owners dealing with big banks, realized the need for a new financial model for small business to have fast and easy access to the capital needed to grow in a global economy.
Lending Loop Offers Small Business the Chance to Compete
Although small businesses are unquestionably the backbone of the Canadian economy, the traditional lending model offered up by big banks often makes it difficult to access the capital they need to compete against global conglomerates and big-box stores.
Small and medium sized businesses employ nearly 90 per cent of Canadians working in the private sector and produce 40 per cent of the country's GDP. Yet many are rejected by traditional financial institutions when seeking financing because they don't fit the rigid lending requirements of big banks. Too often, this means their only recourse is to source alternative or private lenders who charge rates well in excess of 20 per cent.
Canadian-owned and developed Lending Loop is leveraging technology to make the financial sector work more effectively for all Canadians, and small businesses in particular. It is the first peer-to-peer lending platform in Canada, and offers small businesses a better way to borrow, with a quick and easy application, flexible repayment options and considerably lower interest rates than alternative lenders. By using Lending Loop to access the capital they need to grow their business and expand their market, small business will be able to compete and win.
Lending Loop's borrowers also have built-in advocates for their business - the lenders who want to see the company succeed because it helps their community and investment grow.
If you're a Canadian small business, join Lending Loop today for a better way to borrow. Apply here to get started today.
Lending Loop Brings Peer-to-Peer Lending to ALL Canadians
Lending Loop makes investing far more accessible to every Canadian by providing access to a new type of asset class: growing small businesses. Exposure to a brand new asset class allows Canadians to diversify beyond real estate and traditional public market investments.
Lending Loop makes it possible for Canadians to support the local businesses they love and support instead of putting their money into faceless corporations. Lending Loop makes lending more accessible and affordable for Canadians than ever before by allowing them to lend as little as $50 to a business. Lending Loop also makes it incredibly easy for any investor to build a healthy, diverse portfolio across a number of small businesses and industries.
To protect the hard earned money of lenders, Lending Loop uses an all or nothing funding model, where loans only come into effect if the borrower receives the full amount of their loan request in total pledges. Ensuring a project or business is fully funded maximizes the likelihood for the borrower to be in a positive position to repay lenders.
Lending Loop offers all Canadians a smarter way to lend. Sign up here to start lending in just a few easy steps.
For more information or to arrange an interview with a Lending Loop representative, please contact Ciara Dalziel.
CONTACT INFORMATION
Ciara Dalziel
Strategic Objectives
416-366-7735 x 237
ciara.dalziel@strategicobjectives.com
The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both social and investment crowdfunding stakeholders across the country. NCFA Canada provides education, research, leadership, support and networking opportunities to over 950+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding industry in Canada. Learn more About Us or visit ncfacanada.org.
NexusCrowd Receives Exempt Market Dealer License from the OSC
NexusCrowd Release | Hitesh Rathod | Aug 13, 2015
Toronto, ON – August 13, 2015 – NexusCrowd Inc. today announced that it has achieved an unprecedented milestone by becoming the first online investment platform to receive an exempt market dealer license from the Ontario Securities Commission.
NexusCrowd is the first investment platform in Canada to offer investors the opportunity to co-invest alongside venture capital and private equity partners who will commit at least 50% of the capital, for each investment.
“We're excited to announce that we will soon be launching with our first deal,” said Hitesh Rathod, co-founder and CEO of NexusCrowd.
“Our current VC and private equity partners are sector experts and leaders in real estate, advanced materials and technology who collectively manage over $1 billion in investment capital. We are also in the process of adding to our roster of partners and will be announcing a new partnership shortly.” (Learn more about our partners here)
NexusCrowd provides accredited investors access to exclusive private investment opportunities that have reached at least 50% of the funding target. In addition, NexusCrowd enables exclusive access to investment opportunities that are sourced, vetted, structured, reported on and managed by its institutional partners.
See: Securities Crowdfunding Breakthrough
About NexusCrowd Inc.
NexusCrowd is the first equity crowdfunding platform in Canada that provides accredited investors with exclusive access to co-invest alongside institutional investors, on the same terms. Unlike other crowdfunding options, NexusCrowd provides professionally led investment opportunities that have reached at least 50% of the funding target.
NexusCrowd is led by a team with unique expertise in financial services, technology and institutional finance. It’s the only crowdfunding platform in Canada with an exempt market dealer license that uniquely partners with institutions on equity and debt financings. Combined with proprietary investment and fundraising technology, NexusCrowd provides a simple, transparent process for investors, and a frictionless way for venture capital and private equity partners to raise new capital. For further information, visit www.nexuscrowd.com.
Media Contact:
David Finkelstein
The DFI Group
(416) 300-4150
david@thedfigroup.net
Investor Contact:
Hitesh Rathod, CEO
NexusCrowd Inc.
1 (877) 487-6506
info@nexuscrowd.com
The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both social and investment crowdfunding stakeholders across the country. NCFA Canada provides education, research, leadership, support and networking opportunities to over 1100+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding industry in Canada. Learn more About Us or visit ncfacanada.org.
FrontFundr expands nationwide to provide investors and companies access to a new capital market
FrontFundr Release | Jeannine Bartz | Aug 12, 2015
VANCOUVER, BC (August 12, 2015) – Canadian financial technology platform, FrontFundr, is now approved nationwide, allowing regular Canadians to invest in private companies. Canadians in eight provinces will be able to invest in early stage and growth companies listed on FrontFundr. Provinces in which FrontFundr is approved include British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick and Nova Scotia.
FrontFundr uses technology to enable entrepreneurs to raise money from a broad investor community. This is an opportunity for the general public to directly drive innovation and entrepreneurship. With FrontFundr, both experienced and regular investors are able to exercise positive influence on businesses they would like to support.
Previously, most Canadians were locked out from investing in young companies due to absence of an accessible market place and regulatory restrictions. On the other side, most early-stage companies looking for capital to grow their businesses had limited to no access to capital markets. This model left gaps in the growth-potential of early-stage companies, and it cut average citizens out of these investment opportunities.
See: FrontFundr kick-starts equity crowdfunding in B.C.
“We’re giving regular people a chance to sit in the dragon’s seat and assess business pitches,” says Peter-Paul Van Hoeken, CEO at FrontFundr. “We’re providing ordinary people with access to carefully screened investment opportunities, and entrepreneurs with access to more capital to support their growth.”
On May 14, 2015, six provinces in Canada announced that they will allow young companies to raise up to CA$500,000 a year using a funding portal. FrontFundr is leveraging both these new capital raising rules and long established capital raising rules to offer both companies and investors a broad range of funding and investment solutions.
FrontFundr’s investment opportunities are typically early-stage, mission-driven ventures seeking up to $3 million in capital investment. FrontFundr has already registered three businesses to raise capital through its platform, including RentMoola, InterLock, and Guusto.
“We’re an innovative technology company and we work at a fast pace,” says Patrick Postrehovsky, CEO of RentMoola, a company that eases the pain of paying rent with rewards. “We’re excited to work with an exempt market dealer that operates similarly to the way we do—leveraging technology and innovation to disrupt an industry to the benefit of the public.”
FrontFundr is a fully compliant, registered exempt market dealer (EMD) in eight provinces and conducts stringent due diligence on all business investment deals presented to its investor community, and ensures both investors and entrepreneurs understand the risks and rewards associated with entering into a transaction. Visit FrontFundr.com to browse live investment opportunities.
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For more information or media requests, contact Jeannine Bartz at jeannine@frontfundr.com or 604-306-0207.
Early bird tickets just launched!
Vancouver Event (Sep 29, 2015): VanFUNDING 2015 (more info)
The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both social and investment crowdfunding stakeholders across the country. NCFA Canada provides education, research, leadership, support and networking opportunities to over 1100+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding industry in Canada. Learn more About Us or visit ncfacanada.org.
OSC publishes Corporate Finance Branch 2014-2015 Annual Report
OSC News Release | July 14, 2015
TORONTO – The Ontario Securities Commission (OSC) today published OSC Staff Notice 51-725 Corporate Finance Branch 2014-2015 Annual Report.
This report provides key information to the individuals and entities the OSC regulates, as well as their advisors, to help them comply with regulatory obligations. It contains observations and guidance from compliance work conducted by the Corporate Finance Branch in fiscal 2015 in several areas, including continuous disclosure and prospectus reviews.
“We strongly encourage issuers, insiders and their advisors to review the report and to use the findings and guidance presented in the report to inform and strengthen their compliance with Ontario securities law,” said Huston Loke, Director of Corporate Finance at the OSC.
The report also provides details on the branch’s policy initiatives in fiscal 2015, including an update on the OSC’s exempt market initiatives. The exempt market is an integral part of the Ontario capital markets and the OSC has been engaged in a review since 2012, considering ways to foster greater access to capital for businesses while protecting the interests of investors. As part of this ongoing effort, the OSC anticipates publication in final form of an offering memorandum prospectus exemption and a crowdfunding regime and their delivery to the Minister of Finance for decision in the fall of this year.
The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices and to foster fair and efficient capital markets and confidence in the capital markets. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at http://www.osc.gov.on.ca
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| For Media Inquiries: | media_inquiries@osc.gov.on.ca | |
| For Investor Inquiries: | OSC Contact Centre 416-593-8314 1-877-785-1555 (Toll Free) |
View the original news release --> here
On pages 21-23 of the report, the OSC also outlines its ongoing work – new tools to raise capital from broad investor base:
There are two other initiatives intended to facilitate capital raising by businesses from a broad
investor base.
- Offering memorandum prospectus exemption (OM exemption) – In March 2014, the OSC published for comment an OM exemption, which would allow businesses to raise capital based on a comprehensive disclosure document being made available to investors. The exemption would be available for a wide range of businesses at different stages of development and would provide businesses with access to a broad investor base.
- Crowdfunding regime – At the same time, the OSC published for comment a crowdfunding regime that would enable early stage businesses to raise capital from a large number of investors through a registered online funding portal. The proposed regime included both a crowdfunding prospectus exemption and regulatory requirements applicable to an online crowdfunding portal.
We worked closely with other CSA jurisdictions in formulating the OM exemption and the
crowdfunding regime. The securities regulatory authorities in Alberta, New Brunswick, Québec and Saskatchewan published for comment proposed amendments to the existing OM exemption currently available in those jurisdictions that were similar to the OM exemption that the OSC published for comment. The securities regulatory authorities in Manitoba, New Brunswick, Nova Scotia, Québec and Saskatchewan published for comment the crowdfunding regime.
The comment period ended in June 2014 and the participating CSA jurisdictions collectively received approximately 916 comment letters regarding the OM exemption and approximately 45 comment letters regarding the crowdfunding regime.
We have reviewed the comment letters and discussed the feedback from stakeholders with the other participating CSA jurisdictions in order to move forward in a collaborative, harmonized manner, where possible. In addition, we have consulted with our advisory committees, including the Exempt Market Advisory Committee and the Small and Medium Enterprises Committee, to develop responses to the feedback that appropriately balance efficient capital formation and investor protection.
Two key themes emerged in the comment letters.
- Need for greater harmonization – Several stakeholders highlighted the benefits of
harmonized regulation of the exempt market. In response to those comments, we have worked closely with the other participating CSA jurisdictions to achieve greater harmonization, where possible. - Concerns regarding restrictions on capital raising – Several stakeholders expressed
concerns that certain aspects of the proposals, such as the proposed investment limits, may
have been too restrictive to significantly facilitate capital formation. As a result, we plan to
make changes to respond to those concerns.
To address these questions, we would like to share with stakeholders our plan for moving forward.
- Timing – The OSC intends to publish the OM exemption and crowdfunding regime in final form and deliver the rules to the Minister of Finance for decision in fall 2015.
- Planned direction – After taking into account the feedback from stakeholders, our intention is that the final form of these capital raising tools in Ontario will include the following key elements.
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OM Exemption |
Crowdfunding regime |
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Register for the Equity Crowdfunding Bootcamp on July 28 in Toronto
Related:
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Certain Canadian securities regulators to adopt start-up crowdfunding exemptions (May 14, 2015)
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OSC proposes four new capital raising prospectus exemptions (March 20, 2014)
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Two Equity Crowdfunding Specific Exemptions Taking Hold in Canada
The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada crowdfunding hub providing education, advocacy and networking opportunities in the rapidly evolving crowdfunding industry. NCFA Canada is a community-based, membership-driven entity that was formed at the grass roots level to fill a national need in the market place. Join our growing network of industry stakeholders, fundraisers and investors. Increase your organization’s profile and gain access to a dynamic group of industry front runners. Learn more About Us or contact us atcasano@ncfacanada.org.
fundrboogie launches Hip-Hop lifestyle crowdfunding site, powered by proven FundRazr technology
FundRazr Release | Daryl Hatton | Jul 6, 2015
FundRazr, one of the top crowdfunding platforms in the world, is pleased to announce its partnership with fundrboogie, the world's first Hip-Hop lifestyle crowdfunding platform.
fundrboogie launches on July 7th. Through this collaboration, fundrboogie benefits from FundRazr's six years of experience, the knowledge gained from hosting over 50,000 campaigns and their technology.
In turn, FundRazr is excited to help provide their tools to fundrboogie to expand crowdfunding's reach into the very influential Hip-Hop community, which continues to be underrepresented by mainstream crowdfunding platforms. fundrboogie is seeking project creators, fans, entrepreneurs and businesses to make and support projects that the Hip-Hop community wants to see come to life. The platform already boasts its first successful campaign, launched by underground rap artist Mr. Complex. https://fundrazr.com/campaigns/5vTf6
fundrboogie is now expanding into other projects, specifically through a groundbreaking art-currency project initially developed with legendary artist Rammellzee prior to his death. The art-currency project will showcase quarterly the work of innovative artists in a wholly unexpected way. The first campaign in this series is with artist Tyler Hicks and is launching July 7th in conjunction with the official fundrboogie website launch.
Hicks created an original piece titled "Blowback" as part of her "Open Season" series for this campaign, which not only showcases the creativity fundrboogie nurtures, but also the spirit of social engagement the platform values.
In the United States, Hip-Hop music alone generates over $10 billion a year, a small fraction of its global reach. Until now, established crowdfunding sites have not truly represented this extremely influential demographic. fundrboogie founder Randy Nkonoki-Ward, who previously founded 88HIPHOP.com, saw the need to connect Hip-Hop's fans, creators and entrepreneurs via a discerning crowdfunding platform.
"Whether you're De La Soul or a young entrepreneur, crowdfunding is an effective way to get supporters excited and involved with your project," says Nkonoki-Ward.
"Though Hip-Hop is one of the most dominant cultural influences on the planet, until now it has not been represented or understood by existing crowdfunding platforms. fundrboogie acts somewhat like an incubator for projects needing funding, offering campaign strategy development tips, help with PR and connecting successful projects with industry professionals and companies.”
FundRazr founder and CEO Daryl Hatton says the partnership is the natural next step for crowdfunding. “As crowdfunding moves into the mainstream, people will prefer platforms that support their specific community of interest.
The partnership between fundrboogie and FundRazr is the perfect solution for them. It provides customers with fundrboogie’s intense focus and expertise in the Hip-Hop community powered by FundRazr's world-leading crowdfunding technology."
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About fundrboogie – fundrboogie is a Hip-Hop lifestyle crowdfunding platform that helps creative projects raise money, connect with fans and helps successful projects partner to strengthen and expand their reach. Please read and share our fundrboogie blog @ http://blog.fundrboogie.com
Team fundrboogie:
Randy Nkonoki-Ward: founder and general manager of fundrboogie. Randy previously created 88HIPHOP.COM and was manager of standards and practices for the AMC network. Randy has also worked on television and film productions for a variety of media.
Jorge Ledesma: founding partner of fundrboogie, research, development & design. Jorge has worked as a creative director and designer for tech companies including Electronic Arts and ScanDisk. He also created Propaganda magazine, an internet publication celebrating the underground Hip-Hop community.
Lauren Jagnow: founding partner of fundrboogie, communications liason. Lauren previously worked for HBO and Bad Boy Entertainment.
Bryan Elliacin: fundrboogie digital production artist. Bryan studied Game Art & Design at the Art Institute of Las Vegas. He currently works in Los Angeles and creates original/branded content for commercials, TV and film.
Aaron Ledesma: fundrboogie blog editor. Aaron previously worked for Atomic Dog Magazine as well as The Beachcomber newspaper.
More information on fundrboogie can be found at http://www.fundrboogie.com or on Facebook at https://www.fundrboogie.com. Follow them on Twitter @fundrboogie or Instagram @fundrboogie.
For press, media, interview requests and all things fundrboogie, please contact Lauren Jagnow, laurenjagnow@gmail.com, 310.403.0839
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About FundRazr – FundRazr is a crowdfunding solution that pairs industry-leading technology and innovative social tools to help people raise money for causes that matter and make a difference in their world. Unlike other major crowdfunding platforms, FundRazr also powers white-labeled solutions and delivers their state-of-the-art technology through market focused partnerships. Based in Vancouver, Canada, so far FundRazr has helped raise over $68 million for more than 50,000 campaigns around the world.
More information on FundRazr can be found at http://fundrazr.com or on Facebook at http://facebook.com/fundrazr. Follow us on Twitter: @FundRazr, #fundrazr
FundRazr is a trademark of ConnectionPoint Systems Inc.
All other trademarks are the property of their respective owners.
Media Contact
Daryl Hatton FundRazr.com
daryl@fundrazr.com #200 – 171 Water Street, Vancouver, BC Canada V6B 1A7
+1.604.984.2466 +1.604.688.1886
The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both social and investment crowdfunding stakeholders across the country. NCFA Canada provides education, research, leadership, support and networking opportunities to over 1100+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding industry in Canada. Learn more About Us or visit ncfacanada.org.
