Podcasts about portag3 ventures

This week's Future of Fintech is on the future of insurtech, discussing MGAs vs full insurance carriers, how to drive better underwriting, where to get a cost advantage, and much more.Future of Fintech is hosted by Immad Akhund, Founder and CEO of Mercury, and Sheel Mohnot, Partner at Better Tomorrow Ventures.Guests this week include:Kyle Nakatsuji, Founder & CEO of ClearcoverSean Harper, Co-founder & CEO of Kin InsuranceStephanie Choo, General Partner at Portag3 Ventures

In this episode of the Beehive Capital Podcast, Stephanie Choo and Douglas Owusu discuss maneuvering FinTech given the economic landscape.

About this nugget: This nugget was pulled from episode 268 from an interview with Paul Desmarais III,  Cofounder Portag3 recorded live during Canada Fintech Forum back in October 2019. This nugget is on 3 characteristics every founder should have.  What is a nugget of the week?:  The host John Siracusa has recorded over 300 episodes as the host of the Bank On It fintech podcast where he interviews founders building the future of fintech and the VCS/Angels who fund them.  With each interview there’s this wow moment when the person interviewed has shared something really special, unique or a reminder on how founders or investors should think. So, here we are delivering those moments to you in the form of a bite sized nugget. About Paul Desmarias III: Paul is the Chairman and Chief Executive Officer of Sagard Holdings and is based in Montreal. He is also the Executive Chairman of Portag3 Ventures and a Senior Vice-President of Power Financial and Power Corporation, as well as Chairman of Wealthsimple and Peak Achievement Athletics, and Vice-Chairman of Imerys. Previously, Paul was Assistant Vice-President in the Risk Management Group of Great-West Lifeco beginning in 2012. He worked in project management and corporate strategy at Imerys in France. He began his career in 2004, working for five years with Goldman Sachs in the United States, in the Investment Banking and Investment Strategy Groups, as well as in the Special Situations Group. About the host:  John Siracusa, is the host of the ‘Bank On It’ podcast recorded onsite in Wall Street at OpenFin.   He’s a highly sought after fintech, VC and financial services industry enthusiast and connector. He’s in the center of the fintech ecosystem, keeping current with the ever-innovating industry.  Stay in the fintech know by subscribing to ‘Bank On It’. Follow him on LinkedIn, Twitter, Medium

Chris O'Neill (Google, Evernote) shares his lessons from previous downturns and how to chart a new course for growth in today's changing market.

In this episode of ​Financial Planning for Canadian Business Owners, Jason Pereira, award-winning financial planner, university lecturer, writer, talks with Stephanie Choo, Partner and Head of Investments at Portag3 Ventures. Portag3 Ventures is a venture capital firm that specifically invests within the fintech financial technology space. Stephanie Choo explains what venture capitalists are, how to approach them, what they are looking for, and how to know if you are someone who should be taking on venture capital. Episode Highlights: ● 01:14 – Stephanie Choo describes what Portag3 Ventures does. ● 03:03 – ​What is a venture capital firm? ● 05:38 – What would make a business not be a good fit for a VC? ● 09:31 – Portag3 Ventures are looking for 10x returns or more on their investment. ● 11:18 – Stephanie talks about the automated pizza business play. ● 13:05 – What are VCs typically looking for in businesses to show them to convince them to invest? ● 18:42 – Stephanie explains what they want to see in a business' team and their innovation. ● 23:38 – Be able to prove what is proprietary, protected, or defensible about your product or service. ● 25:30 – When a VC is ready to invest, what is a term sheet, and what goes into that? ● 28:12 – What are other misconceptions about venture capital firms that businesses should be aware of? 3 Key Points 1. Venture capital firms are sources of capital for certain early stage businesses that are very high growth that are generally technology orientated and scalable, typically with a venture portfolio approach. 2. Venture capital may not be for you if you are a cash-generating cash-flowing business that is not particularly scalable and not growing by 100% or more a year that doesn't have an exitstrategy and isn't planning to return capital in about 10 years. 3. Most venture funds look at the strength of a company's team, why now is the right time for this business, and what problem does the business solve. Tweetable Quotes: ● “Portag3 is a global fintech-specific venture fund. We invest across seed Series A and Series B. But, we're really looking for companies in the fintech space that are going to transform the future of financial services.” – Stephanie Choo ● “We typically invest at the stage where companies have what is called ‘early market fit,' which means they have early traction. They've got customers. They've got some revenue.” – Stephanie Choo ● “They are investing on what is called the ‘power law basis,' which is a very small number of your portfolio will end up generating 90% or plus returns for you.” – Stephanie Choo Resources Mentioned: ●​ ​Facebook​ – Jason Pereira's ●​ ​LinkedIn​ – Jason Pereira's●​ ​FintechImpact.co​ – Website●​ ​jasonpereira.ca​ – Website ● ​Linkedin​ – Stephanie Choo's ● ​P3vc.com​ – Website Portag3Full Transcript See acast.com/privacy for privacy and opt-out information.

On this week’s show, we spoke with Francois Lafortune, Founder and CEO @ Diagram. Francois Lafortune is an entrepreneur and investor with fifteen years experience in building businesses in the financial technology sector. He is the co-founder and CEO of Diagram Ventures, a $85m venture builder that co-founds technology companies pursuing transformative innovation in the financial, insurance and healthcare sectors. Francois is also a Partner of Portag3 Ventures, he is a member of the Board of Directors of Hydro-Québec, he sits on Minister of Finance Bill Morneau’s advisory committee on Open Banking; and he is a member of the AMF’s Technological Innovation advisory committee. Prior to founding Diagram, he co-led the Canadian Business Technology practice at McKinsey & Company. Francois holds an engineering degree from McGill University and an MBA from Stanford GSB.   On the show, we spoke about: How he started companies at the age of 13 What he learned in consulting The idea behind Diagram and building a Fintech ecosystem Validating ideas quickly and prototyping Working with incumbents and disruptors   François is in the empire building business and Diagram is already creating world-class businesses. I hope that you enjoy the conversation!   Let us know what you think. What types of guests would like to see on the show? What topics interest you the most? Send me your thoughts at nectar@thepnr.com   Subscribe | iTunes | Google Play |Spotify | YouTube | Stitcher | Breaker    

Nick Hungerford is the founder of Nutmeg, the UK’s leading roboadvisor.   Nick founded Nutmeg in 2011 and ran it for five years. Currently, Nick is a partner at Portag3 Ventures and serves on the boards of Nutmeg, multiply.ai and Hong Kong based digital bank Neat.   In addition to the insights we deliver through our podcast and newsletter, Rebank offers advisory services to fintechs, banks and corporates.   Drawing on our experience starting, running and advising fintech businesses and our vast network of the most impactful fintech entrepreneurs, investors and innovators around the world, we help companies make sense of fintech, work through specific questions and optimize proposition and strategy.   For more information about our services, please visit www.bankingthefuture.com.   Thank you very much for joining us today. Please welcome, Nick Hungerford.  

The Empire Club of Canada Presents: The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development With An Armchair Discussion on the Future of Data in the Digital Economy: Minister Bains' Vision for Canada as a Global Leader in Trust, Privacy and Innovation The Honourable Navdeep Bains has been the Minister of Innovation, Science and Economic Development since November 2015. He is the Member of Parliament for Mississauga–Malton and a member of Privy Council. Since he was first elected in 2004, he has served in various roles, including Parliamentary Secretary to Prime Minister Paul Martin and critic for Public Works and Government Services, Treasury Board, International Trade, Natural Resources, and Small Business and Tourism. Minister Bains is a former adjunct lecturer at the University of Waterloo. He is also a former visiting professor at Ryerson University's Ted Rogers School of Management. His private sector experience includes several years at the Ford Motor Company of Canada. Minister Bains has a Bachelor of Administrative Studies from York University and a Master of Business Administration from the University of Windsor. He also holds a Certified Management Accountant designation. He is a long-time resident of Mississauga, where he lives now with his wife and two children. Moderator: The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development Panelists: Adam Felesky, CEO at Portag3 Ventures, Executive Chairman at KOHO Melissa Kargiannakis, Founder and CEO, skritswap Nicole Verkindt, Founder and CEO, OMX Sam Sebastian, President and CEO, Pelmorex Corp. *The content presented is free of charge but please note that the Empire Club of Canada retains copyright. Neither the speeches themselves nor any part of their content may be used for any purpose other than personal interest or research without the explicit permission of the Empire Club of Canada.* *Views and Opinions Expressed Disclaimer: The views and opinions expressed by the speakers or panelists are those of the speakers or panelists and do not necessarily reflect or represent the official views and opinions, policy or position held by The Empire Club of Canada.*

The Capitalize for Kids Podcast is back with a brand new season of interviews with Canadian leaders in business and philanthropy. On this week's episode, we speak with Paul Desmarais III. While Paul is the grandson of the Canadian business magnate who founded Power Corp, he has forged his own path forward. He acts as the Chairman and CEO of Sagard Holdings, the Executive Chairman and co-founder of Portag3 Ventures, and the Chairman and co-founder of Diagram. At the helm of Portag3 Ventures, he has built one of the biggest Canadian venture capital firms in the fintech space and invested in a number of prominent startups – most notably Wealthsimple. We spoke to Paul about carving out a role for himself at Power Corp and his views on the Canadian tech landscape.

In episode 14, hosts Sarah and David welcome two guests to the studio – Ben Harrison, Partner at Portag3 Ventures, and GSC’s Director of Strategic Innovation, Erin Crump. They discuss the world of Fintech/Insurtech start-ups/new ventures, the emerging focus on the customer experience, and whether the word “disruption” is a meaningful one.

Summary:During the 40th episode of the Fintech Impact podcast, Jason Pereira, award-winning financial planner, university lecturer, writer, sits with Paul Desmarais III, Chairman of Portag3 Ventures. They discuss the new technology within fintech, how Portag3 is making a difference, and how technology bridges gaps and addresses the pain points of the industry.Show Notes:● 1:00—Introduction of guest Paul Desmarais III, Chairman of Portag3 Ventures.● 1:23— Portag3 is one of the world ́s leading financial services innovation investment funds. Portag3 invests in fintech globally. They focus on direct to consumer and also some B2B markets. Their three vertical focuses are Insure-tech, personal finance, and risk management● 1:55—Financial advising is making a huge impact on Canadians future. Advised clients fair much better than the unadvised, but the majority of Canadians go unadvised.● 3:20—Portag3 is focused on building companies that address the pain points in the financial space.● 4:55—In a ̈choose-what-you-pay-your-advisor ̈ model, the customer saves money and wins.● 5:20—It is hard for traditional businesses to incubate from external disruption.● 6:00—Power Financial owns the general partnership of Portag3.● 6:34—80% of Canadian assets are controlled by the bank.● 7:28—B2B platform is empowering advisors to serve smaller clients in a more effective way.● 8:43—You have got to be on-top of the technology or else you will be crushed by the competition. You must adapt.● 10:30—Borrowell was started as a B2C lending platform. If you have a low credit score, you can go there to get coaching on your credit score.● 11:10—Another example of a technology tool that is making a difference is the online mortgage tool. It allows people to get mortgages completely online, and it is a very transparent system.● 12:10—Portag3 empowers companies by understanding their pain points and investing in solutions to overcome them.● 14:18—The area of payment in Canada is falling behind other countries very quickly. Does the system make sense? This could be an area of opportunity for fintech.● 15:41—Portag3 has invested in Blockchain, sponsoring a company called EOS. We believe there is an opportunity there, but it is a matter of when. Blockchain is still highly speculative.● 17:00—When a lot of people migrate to a certain system, you get a network effect. If that happens with blockchain, companies need to be cautiously ready for the switch.● 19:50—We need better policy for the banks and the companies involved.● 20:40— Portag3 has made over 30 investments in fintech.● 21:26—Through Coho, you can open an account. This is the first example of how collaboration is on horizon in fintech.● 22:26—Some banks no longer have a brick and mortar foundation allowing them to partner and grow outside of their core geography.● 24:17—In this new virtually based model, there is a huge opportunity to go after new players through collaborating with fintech.● 24:53—Fintech is a generational investment opportunity.● 25:13—Changes in technology are easier to implement today.● 26:20—Being an entrepreneur today is much cheaper than it used to be.● 26:40—Regulators care about the consumers and want them to be advised.● 28:00—M&A is on the horizon for fintech.● 29:00—Paul ́s biggest wish is to have modern back-office systems in every business that we have.● 29:47—The people are what gets Paul motivated. He wants to make a positive impact on their lives.3 Key Points:1. Fintech is allowing more people to have access to financial services. Technology allowsfinancial companies to extend their reach. 2. Keeping-up with current financial technology helps companies adapt and avoid gettingeaten by competitors. 3. Financial technology is disrupting, growing, and making positive impacts on the industry.Tweetable Quotes:- “We are simply growing the size of the population that is being advised. We are notnecessarily disrupting it in an aggressive way.” –Paul.- “We come in as value-adding investors.” – Paul. - “We believe aggregation is the future of financial planning.” – Paul.Resources Mentioned:The Fintech ImpactItunes to access the podcastRefer to Jason Pereira ́s Linkedin for Information about the Fintech eventsWoodgate Financial See acast.com/privacy for privacy and opt-out information.

During this 36th episode of the Fintech Impact podcast, Jason Pereira interviews Ben Harrison, Partner and Head of LPEngagement & Partnerships at Portag3 Ventures, one of the top venture capital firms in thefintech space.● 00:56 – Portag3 is made of two funds that handle areas like blockchain and A.I..● 02:19 – Ben has just over 16 years with Great West Life.● 05:08 – Financial customers want the same user experience that they are familiar with from Amazon and Google.● 10:28 – In order to have a better understanding of the change that is happening, invest in and partner with those that are doing it.● 13:31 – The cost of starting a start-up as dropped dramatically during the last decade.● 16:12 – When start-ups get absorbed by huge institutions, the corporate culture should remain the same to maintain those talented developers.● 20:30 – Success in Asia from an insurance company standpoint success is measured in selling 100s of 1000s or millions of insurance policies in a year.● 23:22 – When there are major investments involved, there are broad power shifts.● 24:40 – What is the platform that is going to streamline blockchain.● 27:00 – Portag3 Ventures invests in great, talented people in the founders and high comfort with the technology, performance, and scalability.● 29:53 – Ben Harrison is most excited about seeing the interest in the bigger companies being willing to have partnerships.3 Key Points:1. Portag3 Ventures’s first fund was made up of Power Financial, Great West Life, andIGM.2. Approximately, 10 years ago the average price of launching a start-up company was $5 million, now it is about $500,000 dollars.3. To adapt to change and stay ahead of the curve—you have to be willing to partner up.Tweetable Quotes:- “Portag3 is an early stage venture fund.” – Ben Harrison.- “Customers just expect now the types of experiences that they receive from Google or Amazon or Netflix.” – Ben Harrison.- “So it’s not so much that fintech is going to topple the business world, it’s now questions about these big platform tech players.” – Ben Harrison.Resources Mentioned:● LinkedIn – Jason Pereira’s LinkedIn● Facebook – Jason Pereira’s Facebook● Woodgate Financial – Website for Woodgate Financial● Ben Harrison – LinkedIn for Ben Harrison● Portag3 Ventures – Website for Portag3 Ventures See acast.com/privacy for privacy and opt-out information.