Capital markets insights

Katipult is honored to add the FinTech Breakthrough Award to the growing list of distinctions that it has received this year. With over 3,000 nominations for the FinTech Breakthrough Awards the competition was extremely tough, particularly in the lending categories. The awards are determined by a panel of impartial senior-level judges, which included analysts, journalists, and technology executives who have worked in the industry.

What?

As Katipult’s CTO, I’m frequently being asked by our customers if and what we’re going to do with BlockChain. The idea of BlockChain is absolutely viral in the FinTech sector right now, and it seems that every company is eventually going to need some perspective on it. To me, it no longer seems like an avant garde idea. It now seems that the benefits will cause the technology to propel forward exponentially - but how?

On January 15th, 2017, the Canadian Consulate of Hong Kong brought the top 6 Canadian Fintech companies from Canada to Hong Kong to learn about the local markets, develop key business contacts, meet with institutions and regulatory bodies, and tour HK’s newest Fintech centers. It was a great experience full of networking, pitching, partnerships, and how our Katipult solution can be applied to this dynamic market.

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.

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