Articles by Brendan Garrett

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“Try Being Bored”: Amanda Parker’s Ascent To Top FinTech Recognition

July 19, 2019
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“Fantastic and surprising” is how Amanda Parker, the Director of Innovation at FundThrough, described being selected as one of Canada’s Top 50 Women in FinTech last week. The list, produced by the Digital Finance Institute, aims to highlight those women whose contributions to and leadership in the FinTech industry have been influential. Among those who Parker […]

Key Takeaways from the Q2 2019 Private Capital Access Index

July 17, 2019
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The latest Private Capital Access Index, published quarterly by Pepperdine Graziado Business School, was released recently, and with it came fresh insights into the minds of business owners. Covering companies that earn under $5 million in revenue annually, as well as those that raise between $5-100 million, the Index provides information on a wide range […]

Apple’s Credit Card Looms Despite No Clear Launch Date

July 14, 2019
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“A new kind of credit card. Created by Apple, not a bank.” Now plastered across Apple’s website, these words signal the company’s next advancement into finance with Apple Card, the new credit card service it is launching later this summer. And they’re only half true. While it is a novel take on credit cards, it’s not […]

OnDeck Canada, Credit Union Announce Partnership

July 11, 2019
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Today sees the partnership of OnDeck Canada and Coast Capital Savings, the first collaboration of its kind in Canada, being between an online lending company and a federal credit union. Beginning this month, small business members of Coast Capital will be able to apply for term loan financing from OnDeck Canada of up to CAD$250,000 online, […]

“You’re Not an Entrepreneur Until…”: How IOU Financial Worked its Way Out of ’08

July 9, 2019
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IOU Financial Website

“It makes you feel old, but I don’t feel that old,” is how Robert Gloer, President and COO of IOU Financial, describes what it’s like to have been in finance since the early nineties. With his career predating social media and the explosion of tech in the workplace that has marked the previous two decades, Gloer […]

Peer-to-Peer Lending’s Global Struggle

July 8, 2019
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US CHINA

New rules were introduced to peer-to-peer lending in Britain this month with the introduction of Policy Statement 19/14 by the government. The document heralds in a number of new processes that will be required to be enacted by peer-to-peer lending platforms in the UK by early December this year, if they are to continue operating […]

Making it Work: CanaCap and the Case for Canada

July 5, 2019
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Canadian Flag

What leads an alternative financer to establish their own business in Canada? For Evan Marmott and his partner Adam Benaroch, it was the level of opportunity that the country offered in comparison to United States, where the alternative funding industry had become bloated and saturated with funders and brokers alike by 2017, when the pair […]

Forgiving the Unforgivable: Democrats Propose Wide Range of Solutions for Student Debt

July 1, 2019
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Bernie Sanders

To forgive or not to forgive? That is the question as Democratic presidential candidate hopefuls line up to state whether or not they are still repaying their student loans (and if this repayment reaches six figures) and what their intentions for the student loan crisis are, leading to the $1.6 trillion debt becoming one of […]

2M7 Financial Solutions and the State of Alternative Funding in Canada

July 1, 2019
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Canada Finance

“What’s a cash advance?” This is how Avi Bernstein, CEO of 2M7 Financial Solutions, recalled a typical conversation in 2008, when his company was founded in the Canadian market. According to him, customer knowledge of alternative financing methods was dismal, partly due to a handful of homogenous banks dominating the scene as well as a […]

“You Can’t Stay Static”: Paul Teitelman and the Building of an SEO Firm

June 30, 2019
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seo

How does someone become an SEO expert? How does someone found a successful  SEO consultancy firm? For Paul Teitelman, his road to SEO mastery and independence started by admitting he knew nothing about the industry. Beginning in the late noughties, following his graduation in Marketing Management from Dalhousie University, Teitelman went to an Interactive Advertising […]

“Do It Better Than How You Learned It”: How Paul Pitcher Came To Be In Canada

June 27, 2019
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Paul Pitcher

Few kids who dream of running their own international business actually grow up to live that fantasy. Even fewer end up working alongside their childhood heroes. Paul Pitcher is doing both, and he’s loving every minute of it. Growing up in Annapolis, Maryland, the Managing Partner at First Down Funding and SharpShooter Funding studied at […]

Ocrolus Secures $24M in Series B

June 26, 2019
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Sam Bobley Ocrolus

A fresh logo and new company jumpers aren’t the only recent additions to the Ocrolus offices this month, as the business has secured $24 million in Series B funding. This development marks the $33 million point in investments for the automation platform. Led by Oak HC/FT, and backed by FinTech Collective, Bullpen Capital, QED Investors, […]