Katipult was proud to be a speaker and exhibitor at the Cantech Investment Conference 2018, Canada’s largest technology investment conference. During the event we were fortunate to conduct an interview with SmallCapPower, a leading industry source for small-cap stock coverage, research, and analysis. Investors and industry stakeholders have demonstrated a particular interest in Katipult’s blockchain plans so our CEO Brock Murray outlined some of the application uses within the investment industry.
Below is the full video transcript:
Brock, thank you for your time on SmallCapPower.
Thanks for having me.
Talk to us about Katipult, what is your line of business?
We are a software infrastructure company. We help alternative investment firms set up their own investment platform, and as the private securities move online, we facilitate that whole process for our customers.
Who are your customers and who are you targeting in terms of the market?
Our customers are alternative investment firms, a lot of commercial real estate, private equity, or private lending groups. Here in Toronto, we work with MaRS Discovery District on their SVX platform and a host of others.
What was 2017 like, what milestones did you achieve? What is 2018 going to be for you?
We were originally a bootstrapped business so we built out our product from customer revenue, by selling it from day one. In 2017 we listed on Toronto Venture Exchange. For us it has been an exciting time and has been preparing us for growth in 2018.
In the tech sector, which spaces are you excited about, what opportunities do you see?
We are an infrastructure company so for us the blockchain is the new trend in the industry. It is decentralizing a lot of the current intermediaries. We are working on a number of blockchain projects with our product. For us, it’s just like we have always been doing, further decentralizing inefficiency in the industry.
Will that be through blockchain partnerships or will you be building something in-house?
We are building it ourselves. We have 39 programmers so we are migrating them into blockchain development world. Our first project is a secondary market solution. It’s really turning our product capability into an exchange and that will be done in 2018. That is our first initiative and we are also looking at decentralizing KYC (Know Your Customer) process, or the investor KYC. Those are our main two blockchain projects.
For the retail investor, what should they know about your company? What value can Katipult bring to them?
I think that, if retail investors are looking at a long term growth story, this is something that they should be looking at. All of the investment today was building out of a scalable product, so we could have a really strong period. In 2018 our real focus is building out a sales team. All of our sales to this day have been from Google Search. They find us online, we don’t go looking for them, we don’t solicit any new business. If someone wants to participate in changing industry, get some exposure to blockchain world through real application of technology, then that is why they should look for Katipult.
Wonderful, thank you for your time Brock.
