Capital markets insights

After debuting in 2017 with a nomination for Technology Innovator Award, in 2018, Katipult has been nominated in four different categories.

One of the biggest challenges firms are facing when raising capital with accredited investors is determining their investor status quickly, reliably, and confidentially.

Recent federal laws require companies raising money through private placement capital raises where they generally solicit to verify that their investors are “accredited investors”. A simple questionnaire isn’t enough – companies must take further “reasonable steps” to prove their investors are “accredited investors” with potentially serious consequences for failing to do so.

This is why we joined forces with Jor Law, a co-founder of VerifyInvestor.com and Principal at Homeier Law PC and one of the leading authorities on the topic of investor verification, to discuss:

• What is an accredited investor and why you should care
• How to successfully navigate the 506(c) and accreditation legislation
• Best practices in finding the accredited investors
• Staying compliant with global regulations

Crowdfunding, or crowdinvesting, is an effective alternative method for connecting investors with opportunities to invest in specific products, campaigns, and even entire businesses. By creating your own investment management platform, you can: disrupt and reshape your industry, provide a highly valuable service, and help turn business ideas, dream projects, and new products into reality.  

However, before you can start your own crowdfunding platform, you need to decide which type of crowdfunding is appropriate for your industry. Your decision will depend upon the business models and personal preferences of the industry you serve, as well as the capabilities of your investment crowdfunding software.

SWIFT Business Forum Canada gathered over 340 financial service leaders to discuss the opportunities and threats of rapid technological advancement across the financial ecosystem in Canada.

Our CIO, Ben Cadieux, was one of the panelists for “Shaping the Future: Innovation in Action” together with Tim Hogarth, VP of Innovation Strategies and Framework at TD Bank Group, and Nicholas Bayley, Managing Director of Accenture Strategy at Accenture Canada. The panel was moderated by Ryan Masters, Executive Director & Strategic Relationship Manager at SWIFT.

The panel was aiming to uncover how leaders are shaping the future of financial services by strategically employing new technologies, successfully utilizing information and Big Data, and reshaping their infrastructures.

Here are the 5 key takeaways from the panel “Shaping the Future: Innovation in Action” on SWIFT Business Forum Canada 2018:

As our firm continues to explore the global opportunities in major financial centers, we are excited to have recently added two regulated firms from the United Arab Emirates (UAE), including a subsidiary of a publicly listed entity on the Abu Dhabi Securities Exchange. This milestone starts our coverage of the UAE and cooperation to adhere to the regulatory requirements in the country.

In today’s interview with our Board Members, we talked to David Jaques, the first CFO for PayPal. David serves as Chair of Compensation and Governance Committee and Member of Audit Committee for Katipult.

In his early career, Mr. Jaques held various positions with Barclays Bank in London and provided advisory services in currency and interest rate risk management to the bank’s corporate clients. He held a similar role at Barclays Bank, New York from 1988 to 1993. One of his most notable positions was as the first CFO for PayPal from 1999 to 2001 where he established PayPal’s financial planning and accounting processes.

Know Your Customer (KYC) is a standard due diligence process used by investment firms i.e., wealth management, broker dealers, private lenders, commercial real estate investment, among others to assess investors they are conducting business with. Apart from being a legal and regulatory requirement, KYC is a good business practice as well to better understand investment objectives and suitability, and reduce risk from suspicious activities.

Katipult is pleased to announce its panel participation in the SWIFT Business Forum Canada on March 21st, 2018 in Toronto Canada, joining industry heavyweights TD Bank and Accenture, to discuss the future of financial services and the transformation of their infrastructure.

Katipult announces addition of proprietary Dynamic Form Builder module to enable rapid implementation of highly sophisticated user and investment onboarding forms. No coding needed! Build custom investor and issuer onboarding forms as well as custom project and loan applications. As easy as your favorite form building products Google Forms and Wufoo.

There is already a number of customers that are part of the pilot project and that have started using the new Dynamic Form Builder feature within their platforms, including MaRS VX. You can learn more how MaRS VX is integrating the Form Builder with their SVX platform in our press release.

Here are some of the most important features of the Dynamic Form Builder: