CALGARY, AB, Jan. 19, 2022 /CNW/ - Katipult Technology
Corp. (TSXV: FUND) ("Katipult" or the "Corporation"), a leading
Fintech provider of software for powering the exchange of capital
in equity and debt markets, announced today that Stephen Smith has joined Katipult as VP, Sales.
Smith is an expert at driving growth in the private capital markets
space, having spent the last six years leading sales teams and
forging partnerships in the private markets ecosystem.
Most recently, Smith served as Director, Business Development at
DealSquare, a centralized digital platform that gives capital
raisers access to the Canadian investment dealer ecosystem. At
DealSquare, Smith led sales, business, and platform strategy while
also building industry-leading partnerships with investment
dealers, associations, and exchanges. Prior to DealSquare, Smith
was head of the sales team at FrontFundr, which connects Canadian
retail investors to private companies, as Director, Deal
Acquisition.
With over 10 years of sales and business development experience,
Smith will be responsible for driving Katipult's revenue growth and
expanding the adoption of its revolutionary DealFlow™
private placements platform across North
America. The purpose-built DealFlow™ platform
automates and streamlines the entire private placement process so
firms can boost efficiency, save time, and accommodate larger deal
volumes. It is currently being used by Tier 1 capital markets firms
such as TMX, Canaccord Genuity, Cormark, ATB, Echelon, and
Raymond James.
"Our vision is for capital markets firms to be able to turn
private placements into a real competitive advantage," said Gord
Breese, CEO, Katipult. "Right now, their full potential is being
constrained by inefficient legacy processes. We believe our
DealFlow™ platform can help these firms unlock their
full potential, which is why we've laid out such an ambitious
growth strategy. To accomplish our strategy, we need proven
leaders who understand this market and share our vision to
create frictionless, and efficient private capital deal flow for
everyone involved. Stephen fits the bill perfectly."
"I believe we are at an inflection point in the private capital
markets and its relationship with technology in North America," said Smith. "And Katipult is
perfectly positioned at this critical point, giving it tremendous
growth potential. I'm very excited to be a part of Katipult's
growth story and extend the market reach of its cutting-edge
DealFlow™ platform as the leading private placements
solution across North
America."
About Katipult
Katipult (www.katipult.com) is a
provider of industry leading and award-winning software
infrastructure for powering the exchange of capital in equity and
debt markets. Our cloud-based platform and solutions digitize
investment workflow by eliminating transaction redundancy,
strengthening compliance, delighting investors, and accelerating
deal flow. Katipult provides unparalleled adaptability for
regulatory compliance, asset structure, business model, and
localization requirements.
Cautionary Note Regarding Forward Looking Statements: Certain
disclosure in this release, including statements regarding
potential revenue growth constitute forward-looking statements. In
making the forward-looking statements in this release, the Company
has applied certain factors and assumptions that are based on the
Company's current beliefs as well as assumptions made by and
information currently available to the Company, including that the
Company will be able to successfully establish a market demand for
the product, and increase revenue. Although the Company considers
these assumptions to be reasonable based on information currently
available to it, they may prove to be incorrect, and the
forward-looking statements in this release are subject to numerous
risks, uncertainties and other factors that may cause future
results to differ materially from those expressed or implied in
such forward-looking statements. Such risk factors may include,
among others, the Company will not be able to, establish a market
demand, or successfully grow revenues. Readers are cautioned not to
place undue reliance on forward-looking statements. The Company
does not intend, and expressly disclaims any intention or
obligation to, update or revise any forward-looking statements
whether as a result of new information, future events or otherwise,
except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Katipult Technology Corp.