Equity Capital Markets Blog

Katipult Announces Investment by Canaccord Genuity

Katipult is proud to announce that it has entered into an agreement with Canaccord Genuity, a global leader in capital markets and wealth management, for a $3.0 million corporate investment in Katipult.

Proceeds from the Investment will be used to fund Katipult's growth and market expansion plans, with a focus on strengthening its existing market position in the Canadian capital markets, and expanding its presence in the U.S., UK and Australian capital markets.

This transaction marks an important milestone in Katipult’s story, and strengthens our position to pursue the digital transformation of private capital markets.

ABOUT CANACCORD GENUITY 

Through its principal subsidiaries, Canaccord Genuity Group Inc. (the "Company") is a leading independent, full-service financial services firm, with operations in two principal segments of the securities industry: wealth management and capital markets. Since its establishment in 1950, the Company has been driven by an unwavering commitment to building lasting client relationships. Canaccord achieves this by generating value for its individual, institutional and corporate clients through comprehensive investment solutions, brokerage services and investment banking services. The Company has wealth management offices located in Canada, the UK, Guernsey, Jersey, the Isle of Man and Australia. The Company's international capital markets division operates in North America, UK & Europe, Asia, Australia, and the Middle East. 

Canaccord Genuity Group Inc. is publicly traded under the symbol CF on the TSX.