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Katipult Wins 2024 Tech of the Future Banking USA Award

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Katipult Technology Corp. (TSXV: FUND) has been awarded the Tech of the Future - Customer Experience category at the 2024 Banking Tech USA Awards in New York City.

The award highlights the innovative customer experience capabilities of Katipult's DealFlow platform, which assists investment firms in automating the entire lifecycle of new issues for both retail and institutional investors.

CEO Gord Breese expressed pride in being recognized alongside industry giants like Morgan Stanley, Wells Fargo, and J.P. Morgan. Katipult's DealFlow aims to modernize private placements, public offerings, and investor account openings.

Positive
  • Won the Tech of the Future - Customer Experience category at 2024 Banking Tech USA Awards.
  • Recognition alongside industry leaders such as Morgan Stanley, Wells Fargo, and J.P. Morgan.
  • DealFlow platform provides extensive automation capabilities for investment firms.
  • Enhances customer experience in private placements, public offerings, and investor account openings.
Negative
  • No concrete financial or clinical data provided in the PR.
  • Lack of specific figures on customer adoption or financial impact from the DealFlow platform.
  • Absence of revenue growth or profitability indicators linked to the award.

Calgary, Alberta--(Newsfile Corp. - June 3, 2024) - 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, is pleased to be announced as the winner of the Tech of the Future - Customer Experience category at the 2024 Banking Tech USA Awards in New York City.

"We are thrilled to win this award for the major innovation Katipult is delivering across capital markets," said Katipult CEO Gord Breese. "Our mission with Katipult DealFlow is to deliver the industry's best in class customer experiences and we are proud to be acknowledged alongside other award winners including Morgan Stanley, Wells Fargo, and J.P. Morgan."

This industry award recognizes the extensive capabilities that Katipult's DealFlow product provides to investment firms to introduce modern and vastly superior customer experiences across their private placement, public offerings, and investor account openings operations. With Katipult's DealFlow platform, wealth managers, brokerages and investment dealers can easily automate the entire lifecycle of the new issue process for retail and institutional investors.

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 the continued innovation and interest in the Company's product 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, but not limited to, the Company's product will continue to operate as expected, and the industry will continue to see value in the Company's product. 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. 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.

For further information: Katipult Technology Corp., Gord Breese, CEO, gbreese@katipult.com, +1 (604) 760-4000

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/211435

FAQ

What award did Katipult win in 2024?

Katipult won the Tech of the Future - Customer Experience category at the 2024 Banking Tech USA Awards.

What does Katipult's DealFlow platform do?

Katipult's DealFlow platform automates the entire lifecycle of new issues for retail and institutional investors.

Which major firms were recognized alongside Katipult at the 2024 Banking Tech USA Awards?

Katipult was recognized alongside Morgan Stanley, Wells Fargo, and J.P. Morgan.

What type of customer experience improvements does Katipult's DealFlow offer?

Katipult's DealFlow provides modern and superior customer experiences across private placements, public offerings, and investor account openings.

KATIPULT TECH CORP ORD

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Software - Application
Technology
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United States of America
Calgary