NCFA Fintech Confidential October 2021 (Issue 4)
The National Crowdfunding & Fintech Association of Canada (NCFA) and partners are excited to present Vol. 1 Issue 4, FINTECH CONFIDENTIAL, a digital pop-up of the 7th annual 2021 Fintech & Financing Conference and Expo (FFCON21) held virtually from May 11-13 and co-hosted by NCFA and Toronto Finance International (TFI). As global economies strive to contain the latest Covid outbreak and recover fragile sectors, fintech innovators continue to ‘BREAK BARRIERS’, the main theme of this year’s conference, and the second year in partnership with TFI, reflecting the growth and emerging challenges that the Canadian Fintech industry must navigate to achieve mass adoption and scale. It’s been another unprecedented year with covid accelerating trends such as bitcoin’s institutionalization, the growing power of retail investors, the 2nd round of Open Banking consultations and the advisory committee’s recommendations to the federal government, payment modernization efforts, adoption of harmonized Crowdfunding regulation, AI roadmap, emergence of digital identity as a ‘right’ and core data infrastructure (ie., vaccine passports), growing support for Purpose (not just shareholder profit), green finance solutions tackling shared global problems such as SDGs and climate change, EDI (equality, diversity and inclusion), and regulatory push back and a firm ‘line in the sand’ for Big Tech. FFCON21 was a successful event attracting over 100+ thought leaders, 75 partners, 500+ attendees, an NFT charity fundraiser in partnership with CanadaHelps for front line workers, and our second annual 2021 Fintech Draft competition -- a pitching event inspired by sports league drafts and designed to identity emerging high growth fintech ventures. A hearty congratulations to the winners: Agryo (Overall) and Copia Wealth Studios (People’s Choice)! Thank you to all the partners, speakers, attendees, volunteers, and the entire organizing team for making ‘Breaking Barriers’ an impactful and amazing online experience and for being part of Canada’s fintech and funding community. We hope you enjoy reading this special edition of Fintech Confidential.
The National Crowdfunding & Fintech Association of Canada (NCFA) and partners are excited to present Vol. 1 Issue 4, FINTECH CONFIDENTIAL, a digital pop-up of the 7th annual 2021 Fintech & Financing Conference and Expo (FFCON21) held virtually from May 11-13 and co-hosted by NCFA and Toronto Finance International (TFI).
As global economies strive to contain the latest Covid outbreak and recover fragile sectors, fintech innovators continue to ‘BREAK BARRIERS’, the main theme of this year’s conference, and the second year in partnership with TFI, reflecting the growth and emerging challenges that the Canadian Fintech industry must navigate to achieve mass adoption and scale.
It’s been another unprecedented year with covid accelerating trends such as bitcoin’s institutionalization, the growing power of retail investors, the 2nd round of Open Banking consultations and the advisory committee’s recommendations to the federal government, payment modernization efforts, adoption of harmonized Crowdfunding regulation, AI roadmap, emergence of digital identity as a ‘right’ and core data infrastructure (ie., vaccine passports), growing support for Purpose (not just shareholder profit), green finance solutions tackling shared global problems such as SDGs and climate change, EDI (equality, diversity and inclusion), and regulatory push back and a firm ‘line in the sand’ for Big Tech.
FFCON21 was a successful event attracting over 100+ thought leaders, 75 partners, 500+ attendees, an NFT charity fundraiser in partnership with CanadaHelps for front line workers, and our second annual 2021 Fintech Draft competition -- a pitching event inspired by sports league drafts and designed to identity emerging high growth fintech ventures. A hearty congratulations to the winners: Agryo (Overall) and Copia Wealth Studios (People’s Choice)!
Thank you to all the partners, speakers, attendees, volunteers, and the entire organizing team for making ‘Breaking Barriers’ an impactful and amazing online experience and for being part of Canada’s fintech and funding community. We hope you enjoy reading this special edition of Fintech Confidential.
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competition laws need to be reformed<br />
and authorities better equipped to level<br />
the playing field between incumbents and<br />
challengers.<br />
The point is, no matter what you pick, we get<br />
to the same place: the fintech policy agenda<br />
is overrated because it’s not inclusive of<br />
what’s underrated.<br />
If you’ve gotten this far, rest assured<br />
that there’s a way to make the fintech<br />
policy agenda appropriately rated — not<br />
overrated, not underrated, and just right. In<br />
fact, it ought to be obvious by now. Take a<br />
cue from Tyler Cowen: gather your smartest<br />
friends and play a few rounds of “overrated<br />
versus underrated” with them.<br />
About:<br />
Alex Vronces<br />
Executive Director<br />
PayTechs of Canada<br />
Alex Vronces is the Executive Director of PayTechs of Canada,<br />
representing the diverse community of payment technology<br />
companies operating in Canada. Using his payments and<br />
policy knowledge and network, Alex leads the push for a more<br />
competitive and innovative Canadian payments ecosystem.<br />
Alex came to the association from Payments Canada, where<br />
he provided thought leadership and strategic advice on<br />
important public policy initiatives, including the review of<br />
Canadian Payments Act, the introduction of a retail payments<br />
oversight framework, and open banking. He also was pivotal<br />
in modernizing access to Canada’s national retail payment<br />
system, successfully broadening access to the ACSS by way of<br />
a regulatory amendment.<br />
OCTOBER 27-28, <strong>2021</strong><br />
Congratulations to the <strong>2021</strong><br />
Recipients of the CIX Top 20 Early &<br />
CIX 10 Growth awards program<br />
EAIGLE<br />
Out of 492 submissions this<br />
year, our <strong>2021</strong> CIX Selection<br />
Committee rated these startups<br />
as Canada’s most innovative<br />
Join us on <strong>October</strong> 27-28 for<br />
presentations from 65+ hot startups,<br />
plus state-of-the-art virtual networking,<br />
where you can see ‘who is in the room’<br />
and join other delegates for video chats!<br />
22<br />
cixsummit.com/<strong>2021</strong>
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