Capital markets insights

Site: https://www.fundingnomad.com
Location: Canada, United States & Cayman Islands
Contact: Brad Kerr (brad@fundingnomad.com)
Sector: Entertainment & Media

Calgary, February 7th, 2017. Canada’s Fintech standout Katipult has secured a substantial capital investment in a round of funding according to CEO and Founder Brock Murray. The company provides a Platform-as-a-Service that’s like Shopify for private capital markets. Its software allows firms to setup and manage a platform to offer privately issued, exempt securities to non-accredited, accredited and institutional investors.

Private capital markets are plagued with compliance requirements and operational inefficiencies, and software can eliminate many of the pain points from deal administration to investor reporting. For this reason traditional finance firms are looking at investment crowdfunding, peer to peer lending, and investor management solutions to stay relevant within this industry among the upstart Fintech (FInancial Technology) players.

After completing a highly competitive application process, Katipult and five other Canadian fintech companies are selected to participate in the Canadian Fintech Mission to Hong Kong! The mission was announced following the venture capital-backed investment in Canadian fintech companies hit its highest level in almost two decades.

After coming back from experiencing the amazing Singapore FinTech Festival organized by MAS (Central Bank of Singapore), we have been able to sit back and think about some of the great developments occurring in Singapore and SE Asia’s fintech scene.

Discussion of cross-border technology concerns is agreed upon by both jurisdictions.

Canada’s technology sector can proudly speak of a number of homegrown giants disrupting online sectors from social media management (Hootsuite), to web browsing (Mozilla Firefox), ecommerce (Shopify), and also workplace chat (Slack). Katipult is looking to be placed amongst these names as the dominant Canadian player in Financial Technology (Fintech).

• The Canadian company Katipult launches its bespoke P2P lending software in the UK.
• It partners with the innovative payments company MANGOPAY in order to bring a comprehensive and compliant P2P lending solution to the UK market.

London, October 19th, 2016. Katipult is pleased to announce its partnership with MANGOPAY to bring a disruptive lending solution to the UK market. As lending platforms are flourishing, the need to have a secure and flexible transaction environment to manage the incoming and outgoing payment flows is crucial. That’s why Katipult created a powerful P2P lending software which facilitates the entire investment process from marketing and distribution through to investor tax reporting.