Katipult Technology Corp. is a financial technology firm that provides software solutions to facilitate the flow of capital in equity and debt markets. The firm began with minimum viable products (MVP) in 2015, and in no time emerged as an alternative solution for online private placements.
In the following years, Katipult expanded its Software-as-a-Service (SaaS) capabilities and business to global clients and investors. The company received recognition and many awards for its innovative fintech, artificial intelligence and investment management technology.
In 2017, the company pursued a non-IPO/ direct listing on the TSX Venture Exchange under the ticker symbol ‘FUND’ to build a growth-oriented and improved public profile. The Calgary-based fintech company offers the following solutions for investments advisors and investors:
The company provides fully integrated private placement solutions, including brokered and non-brokered, to business enterprises. Its cloud-based solutions streamline the entire process by ensuring administration and compliance, and minimizing operations costs.
Investor onboarding and account openings
The digital onboarding, including automated KYC, tailored e-forms, and workflow management, make it simple to raise capital
The software tech-driven lending solutions enable commercial consumers to raise loans.
Equity capital markets
The automated equity capital market software by the company has simplified the finance syndication.
Katipult’s products are features with document markup, smart forms, real-time dashboards, online deal marketplace, bulk send distribution, electronic subscription docs, investor onboarding, auto invests and repayment services.
Its cloud-based SaaS infrastructure includes modules for different types of users, including investments advisors, investors, issuers, auditors, administrators etc. The company earns revenue growth from its subscription and integration businesses.
The revenue from the subscription business includes recurring revenue that it earns, on monthly terms, by allowing users to access its platform. On the other hand, the integration business generates revenue by providing consultancy, including regulatory and marketing, and customized services to customers.
The company operates its fintech business and delivers tech-enabled capital market solutions primarily in the United Kingdom and Canada. Cormark Securities, Raymond James, TMX Trust Company, Canaccord Genuity Group Inc. and ATB Financial, Solid Oak Financing, MaRS, Equivesto, Property Bridges, SVX, Terra Firma, Introcrowd, ARA Minterest are some of its customers.