By Lisa Walls-Hester on 13th April 2017
Fineqia will partner with Canada's JOI to use tech to start its UK business.
Fineqia International Inc. will partner with Canada's JOI to use its technology platform to start its UK business. It aims to bring crowd investors some of the most lucrative and risk‑mitigated opportunities that have been mostly the privy of large financial institutions.
Fineqia will use JOI's crowdfunding software product Katipult. The white‑label platform is a software solution for private capital markets for private placements, investment crowdfunding, investor management, and listings. The software allows companies to design, setup, and manage an investment crowdfunding platform across multiple distribution channels including web, mobile, and social media.
"Katipult helps us get into the market quickly and cost effectively," said CEO Bundeep Singh Rangar. "We can focus on our core debt and equity placement activities while Katipult ensures we are always on the cutting edge of compliant technology innovation."
"We are proud to be working with Fineqia as their technology provider,” said Brock Murray, CEO of Katipult. "Through our partnership, Fineqia is leveraging innovation to provide risk-mitigated investment opportunities to investors and that is a very encouraging mandate to be a part of."
Katipult has developed crowdfunding platforms for more than 20 countries to date that are multilingual and compliant for local jurisdictions in Canada, the US, the UK, Europe and Asia. Its clients include MaRS Discovery District, Qatar Development Bank, US Debt Ventures, and The Formax Group.
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