Le Lézard
Classified in: Business
Subjects: PER, ECO

impak Finance closes a $1.1 million angel financing round - Claude Chagnon, Didier Kuhn, Michel Lozeau and Daniel Paillé join its Board

impak Finance closes $1.1m from Anges Québec, Anges Québec Capital, and well known figures from the investment world in Canada and France.

MONTREAL, Aug. 14 2018 /CNW Telbec/ - impak Finance, the first fintech to launch a marketplace to make buying from businesses with a positive social impact easy and rewarding, announces today the closing of a $1.1 million angel financing round with Anges Québec, Anges Québec Capital, as well as private investors from Canada and France. The company is also proud to announce that seasoned investors Claude Chagnon from the Fondation Chagnon, Didier Kuhn from the French ride sharing app BlablaCar, Michel Lozeau, a former National Bank of Canada executive, and former Quebec cabinet minister Daniel Paillé, have joined its Board.

"The support we are getting from well known entrepreneurs and investors is a demonstration of the enthusiasm behind our project: to channel capital towards enterprises that take to heart the welfare of people and the environment. Business as a force for good, an alternative to the traditional way of doing business, has increasingly been gaining ground worldwide", says Paul Allard, co-founder and CEO of impak Finance. "impak allows people to use their money for social and environmental good", he adds.

"The impak platform is innovating, highly disruptive and will federate the forces behind the impact economy, a sector showing 20% yearly growth", adds François Gilbert, CEO of AQ and AQC.

A marketplace dedicated to responsible consumption
impak Finance has created impak: an application and a marketplace (www.impak.eco) that reward responsible purchases from impact businesses. Citizens and professional buyers alike will be able to find qualified like-minded impact businesses. Furthermore, they will be rewarded for everyone of those purchases with impak Coins, a crypto-currency they will be able to use within the ecosystem. As of today, 10,000 account holders have suggested more than 40,000 enterprises they would like to transact with.

About impak Finance
impak Finance is the fintech that seeks to channel capital towards the social impact economy and bolster its growth. It has developed an application that makes responsible buying easy and rewarding through the usage of the impak Coin, the first digital currency dedicated to the social impact economy.
For more information: www.impak.eco

About Anges Québec Capital
Anges Québec Capital is an investment fund created to provide financial support to Anges Québec members. The fund is mainly sponsored by Investissement Québec, Caisse de dépôt et placement du Québec and Fonds de solidarité FTQ, to support angel investors who invest in innovative start-up companies in Quebec.
For more information : www.angesquebec.com


SOURCE impak Finance

These press releases may also interest you

at 18:50
China Gold International Resources Corp. Ltd. ("China Gold International Resources" or the "Company") wishes to announce that, on November 13, 2018, its Board of Directors accepted the following changes in senior management and board composition:...

at 18:48
Broadridge Financial Solutions, Inc. , an S&P 500 company and global Fintech leader, today announced that Raymond James Financial, Inc. has applied mobile integration of shareholder voting via Broadridge's API to enhance the investor experience....

at 18:47
For Eyes, one of the national leaders in optical retail, just brought family-friendly service and affordable optical care to Palm Beach Gardens with its new store grand opening. "At For Eyes, we are proud to offer every...

at 18:30
Creative Medical Technology Holdings, Inc. announced today an update of its activities: The company has timely filed its 10Q on 11-14-18, contained in the 10Q is predominantly financial information so as is customary we are providing an update to...

at 18:30
Hyundai Motor Company ("Hyundai") today announced a strategic partnership with Top Flight Technologies, Inc. ("Top Flight"), a leading startup in hybrid-electric unmanned aerial vehicle (UAV) technologies, as part of its broader effort to cement...

at 18:26
The Penn Health Group groundbreaking ceremony celebrates the construction of its medical marijuana grower-processer facility in Lemont Furnace, Fayette County, PA. The Company was awarded a medical marijuana growing license from the State of...

News published on 14 august 2018 at 06:00 and distributed by: