Flexiti Financial has announced Diane Brisebois and Rick Padulo as the first two members of its advisory board; Diane Brisebois is president and CEO of the Retail Council of Canada; Rick Padulo is Chairman and CEO of Padulo Integrated, which provides multi-media retail communications services; Flexiti Financial is a growing provider of point-of-sale financing technology for retailers and recently received the Emerging Consumer Lending Platform award at LendIt USA 2017; its new board advisors will seek to support the firm's growth and advise the firm on its strategy for business development and retail expansion. Source
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Canada
Panel explores a diverse set of small business lenders based in Canada; topics covered include the differences of regulation, underwriting, and views on traditional banks between Canada and the rest of the world; Canada has five large banks which control a majority of the market which makes it hard to build a brand as an alternative lender; panelists answer how they can overcome this challenge and scale their business; they also share their thoughts on the current market opportunity and what the future holds for fintech companies in Canada. Source
