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Katipult Technology Corp. (TSXV:FUND) Feature Company

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Today’s feature company is Katipult Technology Corp., an award-winning fintech company offering proprietary, cloud-based software infrastructure on a white label basis.

Additional Information:

Company: Katipult Technology Corp.
Website: http://www.katipult.com
Stock Symbol: TSXV: FUND
Date Published: May 16, 2018
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

Today’s feature company is Katipult Technology Corp., an award-winning fintech company offering proprietary, cloud-based software infrastructure on a white label basis.

The company’s software allows client firms to design, set up, and operate their own branded investment platform across multiple distribution channels, including web, mobile, and social media.

Businesses deploying the Katipult platform are operating in over 20 regulatory environments to grow investor networks, efficiently manage investors, and streamline deal-flow administration in the areas of equities, debt and real estate.

The company recently announced that the Quatar Development Bank is the latest organization to implement the company’s software into its operations.

As a fully owned government financial entity, setup to invest in and develop local industries, the Quatar Development Bank was seeking an innovative solution to nurture a culture of angel investing in Qatar to support the entrepreneurial Ecosystem.

Its goal was to provide users with an informative, responsible, accessible platform that controls the regulatory aspects and encourages investors and entrepreneurs to engage

Brock Murray, CEO, stated: "We continue to grow our client list with great organizations and we're excited to work with QDB to bring their vision to market using our technology. In addition to providing local SMEs with financial assistance, the support and guidance to grow and expand their activities with this project are of tremendous value. The MENA region presents a great growth opportunity and we are excited to be expanding our footprint with the addition of QDB, following on from April's announcement of two new clients in the UAE. We are continuing to see a growing demand for a solution that is able to match the needs of companies seeking to raise capital in the private markets in countries across the world. While regulatory and compliance constraints can make the process strenuous, we have designed our product to allow customers to implement a solution with ease."

The company is currently raising up to $3 million through a non-brokered private placement of unsecured convertible debentures.

The debentures have a coupon rate of 8.5% and are convertible at $0.51 per share.

The shares are trading at $0.66.

For more information please visit the company’s website www.katipult.com, contact Brock Murray, CEO, at 587-393-3981 or email bmurray@katipult.com.

Investor relations is handled by Virtus Advisory Group www.virtusadvisory.com, which can be reached at 416-644-5081 or by email at katipult@virtusadvisory.com.

I’m Samantha Deutscher for Investmentpitch Media