Fintech
Canadian Securities Exchange Reports 2022 Performance Figures, Highlighted by Continued Strong Listings Growth
Toronto, Ontario–(Newsfile Corp. – January 17, 2023) – The Canadian Securities Exchange (“CSE” or “the Exchange”) today announced market statistics for 2022, which reflect the Exchange’s outstanding listings growth and continuing liquidity for issuers and investors.
2022 Operating Statistics
- Trading volume of CSE-listed securities totaled 17.3 billion shares;
- Trading value of CSE-listed securities was $9.2 billion;
- CSE issuers completed 861 financings that raised an aggregate $2.45 billion;
- The CSE welcomed listings from 113 new companies, including nine fundamental changes of existing issuers; and
- The CSE had 813 listed securities as at December 31, 2022, an increase of 9% compared to 743 as at December 31, 2021.
December 2022 Operating Statistics
- Trading volume of CSE-listed securities totaled 1.4 billion shares;
- Trading value of CSE-listed securities was $750 million;
- CSE issuers completed 119 financings that raised an aggregate $371 million; and
- The CSE welcomed listings from three new companies.
“The Canadian Securities Exchange had another highly successful year in 2022, further cementing our position as a leading exchange for securities of entrepreneurial companies,” said Richard Carleton, CSE Chief Executive Officer. “Our listings growth remained very strong and included 26 initial public offerings. Our issuers also raised significant capital across a wide variety of industries, with the financing momentum remaining solid throughout the year; In fact, the 119 financings completed in the month of December was the most of any month in 2022. Looking ahead, we have several exciting initiatives planned for 2023, including the anticipated launch of our senior tier, which should bring significant benefits to both issuers and investors.”
DealMaker Financing
The Exchange recently participated in an oversubscribed financing round for DealMaker, a rapidly growing provider of capital markets solutions that streamline the capital raising process for both issuers and investors. DealMaker plans to use the funding to fuel product development and R&D. The CSE is pleased to form a deeper partnership with DealMaker and believes that its solutions bring significant value to the capital markets ecosystem, including to its issuers. This latest DealMaker financing round also included an investment from Mawer Investment Management Ltd.
What’s On at the CSE
The CSE will be attending the Jamaica Stock Exchange’s 17th annual Regional Investments and Capital Markets Conference in Kingston, Jamaica on January 24-26. The event highlights capital market opportunities in Jamaica and across the broader Caribbean region. The CSE has a partnership with the JSE in which the two exchanges co-operate in order to expand opportunities for their respective issuers and investors.
The Exchange is excited to be returning to the annual Vancouver Resource Investment Conference, presented by Cambridge House and taking place on January 29-30 at the Vancouver Convention Centre. The event features more than 300 junior mining companies and presentations from many of the industry’s thought leaders. Notable speakers at this year’s event include the former premiers Christy Clark of British Columbia and Brad Wall of Saskatchewan. Conference participants are encouraged to visit the CSE at booth #822 in the trade show.
The CSE was pleased to be a lead sponsor of the Empire Club of Canada’s Annual Investment Outlook 2023 event on January 12. The panelists included Thomas S. Caldwell, who served as CSE Chairman from 2012 to 2020.
The Exchange attended and spoke at the Lift Cannabis Business Conference in Vancouver on January 12. Anna Serin, the CSE’s Director of Listings Development for Western Canada/United States and Vancouver Branch Lead, spoke on a panel focused on financing strategies for the industry. This business conference was part of Lift’s larger cannabis conference and trade show, which took place from January 12-14.
Richard Carleton joined a panel of experts on January 12 for a special webinar focused on opportunities and challenges in the 2023 cannabis market. Topics discussed included updates on SAFE banking, risks and opportunities with distressed cannabis assets, migration of Canadian cannabis companies to the United States, and new cannabis markets opening up for investment.
New Listings in December 2022
Umdoni Exploration Inc. (UDI)
Vortex Energy Corp. (VRTX)
Cumberland Resources Nickel Corp. (LAND)
About the Canadian Securities Exchange:
The Canadian Securities Exchange is a rapidly growing stock exchange focused on working with entrepreneurs to access the public capital markets in Canada and internationally. The Exchange’s efficient operating model, advanced technology and low fee structure help companies of all sizes minimize their cost of capital and maximize access to liquidity.
The CSE offers investors in Canada and abroad access to a multi-sector collection of growth companies through a liquid, reliable and regulated trading platform. The Exchange is dedicated to entrepreneurship and has established itself as a leading hub for discourse in the entrepreneurial community.
STAY CONNECTED WITH THE CSE
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CSE TV on YouTube: https://www.youtube.com/csetv
#HashtagFinance Podcast: https://blog.thecse.com/cse-podcasts/
Instagram: https://www.instagram.com/canadianexchange/
Linkedin: https://ca.linkedin.com/company/canadian-securities-exchange
Facebook: https://www.facebook.com/CanadianSecuritiesExchange/
Twitter: https://twitter.com/CSE_News
Blog: https://blog.thecse.com/
Website: https://thecse.com/
Contact:
Richard Carleton, CEO
416-367-7360
[email protected]
Fintech
Plug and Play and GIFT City Launch “IFIH,” a Global Fintech Incubator and Accelerator
Plug and Play, a global accelerator platform and one of the most active early-stage investors globally, has announced a strategic partnership with Gujarat International Finance Tec-City (GIFT City). Through the partnership, Plug and Play will establish and run the International Fintech Innovation Hub (IFIH), GIFT City’s FinTech Incubator and Accelerator, which aims to foster research and innovation in financial technology, reinforcing GIFT City’s role as a premier global fintech hub.
GIFT City’s MD and Group CEO, Mr. Tapan Ray, said, “Our vision at GIFT City is to drive fintech innovation by creating a climate-resilient, inclusive ecosystem that empowers diverse entrepreneurs and builds workforce competitiveness in emerging technologies. With the support of prominent partners in fintech education and incubation, we are committed to nurturing a new generation of talent that will be well-equipped to meet the needs of an evolving global economy.”
Manav Narang, Head of Financial Services for Plug and Play APAC and Program Lead for the GIFT Incubator and Accelerator added, “We are thrilled to bring Plug and Play’s global expertise to GIFT City. Our vision is to create India’s largest industry-wide fintech program – a collaborative platform where banks, payments corporations, venture capital and corporate venture capital firms, accelerators, and ecosystem partners unite. Together, we aim to catalyze transformative fintech solutions and nurture fintech unicorns that will shape the future of finance in India.”
The program will support fintech startups with resources, mentorship, capital, and networking to navigate and excel globally in the dynamic fintech landscape. The first batch of startups will be unveiled in January 2025.
The post Plug and Play and GIFT City Launch “IFIH,” a Global Fintech Incubator and Accelerator appeared first on .
Fintech
Doo Financial Now in Indonesia: Offering Local Investors A Gateway to Global Markets
Doo Group’s brokerage brand, Doo Financial is thrilled to announce its expansion into Indonesia by acquiring a reputable Indonesian broker to expand the business. This move brings its global investment services to local investors. Backed by the strength of Doo Group’s extensive international presence, cutting-edge technology, and 10 years of expertise, Doo Financial is well positioned to support investors at every level.
As a brand encompassing investment services offered by various legal entities within the Doo Group, Doo Financial provides a comprehensive range of global brokerage services. This wide range of products empowers investors to pursue their financial goals.
With a diversified portfolio, Doo Financial empowers investors to navigate various market conditions effectively, manage risks, and focus on long-term growth. This entry into the Indonesian market reflects Doo Financial’s commitment to supporting investors with flexible, high-quality investment options tailored to today’s dynamic financial landscape.
Supervision by International Regulatory Institutions to Ensure Top-Tier Safety
As a global leading finance group, Doo Group has licensed entities regulated by top regulatory authorities worldwide, ensuring a secure and reliable trading environment.
Our global credentials include licenses from the U.S. Securities and Exchange Commission (US SEC), the Financial Industry Regulatory Authority (US FINRA) in the U.S., the Financial Conduct Authority (UK FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Hong Kong Securities and Futures Commission (HK SFC), Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) in Indonesia. These licenses enable us to provide secure and reliable financial services globally.
Dedication to Shape the Industry with Innovative Solutions
Doo Financial’s expansion into Indonesia brings advanced technology and a global perspective to empower local investors. As an international investment firm committed to secure and seamless trading, Doo Financial offers a diverse range of products and services to help diversify portfolios and open up new opportunities.
This growth elevates opportunities for Indonesian investors by offering seamless access to global markets and advanced trading platforms within a secure and regulated environment. It broadens investment choices and enhances the trading experience, aligning it with international standards and empowering local investors with comprehensive tools and resources for success.
Driven by unwavering commitment, this growth marks a significant milestone in Indonesia’s investment landscape, equipping our clients with the tools to navigate global markets. We remain dedicated to delivering exceptional service, exploring new opportunities, and driving future breakthroughs. With continued support from the FinTech community, we are excited to innovate and shape the future of finance.
Stay updated with the latest insights from Doo Financial. Join our community of empowered investors and let us be your trusted partner!
E-mail: [email protected]
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Fintech
Fintech Pulse: Evolving Fintech Investments and Partnerships Signal Industry Transformation
Fintech is on an accelerated trajectory of investment, collaboration, and innovation. This pulse tracks the most significant developments in the sector, from high-profile investments to global platform expansions. Each update in this briefing serves as a key indicator of where the industry is headed.
1. European Fintechs Face Regulatory Pressures Amid New Investment Surge
The European fintech sector finds itself at a crossroads with increasing scrutiny and rising costs due to stringent regulations. While investments continue to flow into the continent’s financial technology companies, challenges in meeting new compliance requirements, especially around data privacy and cybersecurity, create a complex landscape for scaling. This tension between opportunity and operational limitations might affect European fintechs’ growth strategies.
Source: Financial Times
2. Shopify, Slack Founders Join Peter Thiel in Fintech Investment Push
Tobi Lütke of Shopify and Stewart Butterfield of Slack, along with investor Peter Thiel, have co-invested in a new fintech initiative that aims to bolster small business access to capital. By merging technology with a streamlined funding model, this new initiative targets underserved SMBs, highlighting a broader trend of high-profile tech leaders pivoting to fintech investment. The participation of Lütke and Butterfield signals increased cross-sector collaboration in fintech, bringing expertise from e-commerce and communication technology into the financial arena.
Source: Yahoo Finance
3. Lean Technologies Raises $67.5 Million to Drive Fintech Innovation in the Middle East
Riyadh-based fintech platform Lean Technologies recently secured a $67.5 million Series B investment round, aiming to expand its operations across the Middle East. This funding reflects growing investor interest in emerging markets and the potential of Middle Eastern fintech to bridge regional gaps in financial services access. As Lean Technologies broadens its service offerings, the funding will support further technological integration and scalability across financial ecosystems in the region.
Source: Fintech Global
4. Apollo Global Management Invests in Fintech for Private Offerings Support
Apollo Global Management has taken steps to enhance its services for private offerings by investing in specialized fintech solutions. This development signifies a growing trend among private equity firms to adopt fintech as a core component in their service expansion, particularly for personalized client services. Apollo’s strategy of integrating fintech solutions into private offerings marks a strategic shift toward digitalization within traditional financial sectors.
Source: Bloomberg
5. Juniper Research Names 2025’s Future Leaders in Fintech
Juniper Research has revealed its picks for the top future leaders in fintech for 2025. This list emphasizes innovation in fields such as AI, open banking, and decentralized finance, highlighting startups that exhibit potential for reshaping industry standards. As these up-and-coming firms push the boundaries of traditional finance, they exemplify the rising tide of next-generation financial technology poised to become industry mainstays.
Source: Globe Newswire
Conclusion
The convergence of seasoned tech giants with fintech, new funding rounds for region-specific platforms, and the rise of future industry leaders underscore the momentum of the fintech sector. Each of these stories reflects a broader narrative: fintech is not only diversifying in services but also rapidly integrating into traditional finance and tech, paving the way for a transformative era.
The post Fintech Pulse: Evolving Fintech Investments and Partnerships Signal Industry Transformation appeared first on HIPTHER Alerts.
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