Red Cloud Securities Selects Katipult DealFlow to Automate and Modernize its Capital Markets Operations

CALGARY, AB, Sept. 28, 2022 /CNW/ - 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, announced today that Red Cloud Securities has selected Katipult DealFlow to drive scalability, business process efficiencies, and enhanced customer experiences across its capital markets operations.

Red Cloud Securities (RCS) is a mining-focused Investment Banking and Advisory firm with extensive experience in mergers & acquisitions and financial advisory, equity capital markets, debt advisory and restructuring. RCS has comprehensive global coverage of all mining focused institutional, private equity, strategic, retail broker & high net worth investor channels.

"We are an entrepreneurial, innovative, and independent firm and these characteristics have been critical to our successes to date in becoming one of the top investment dealers in the mining sector. We continue to grow our business aggressively and we view Katipult DealFlow as a fundamental platform to streamline our processes and improve overall customer experiences with Red Cloud," says Bruce Tatters, CEO of Red Cloud Securities.

Katipult DealFlow is an industry-leading solution that functions as the operating system for investment capital. DealFlow enables modern and efficient workflows for retail and institutional investor participation and eliminates human error and deficiencies, creating a superior experience for compliance, equity capital management teams, investment advisors, and investors.

"I am excited to welcome Red Cloud Securities to our growing roster of investment dealers who rely on Katipult DealFlow to deliver across their critical investment workflows. Red Cloud has demonstrated impressive business expansion in recent years and we expect Katipult DealFlow will act as a growth multiplier for their organization. says Gord Breese, Katipult CEO.

Katipult DealFlow is used across the industry at firm's including: Canaccord Genuity, Raymond James, Echelon Wealth Partners, Cormark Securities, TSX Trust, and Sprott Capital Partners.

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 solution 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.

Regarding Forward Looking Statements: Certain disclosure in this release, including statements regarding the streamlining and automation of internal processes at Red Cloud Securities and the growth of Katipult's portfolio of investment dealer customers constitute forward-looking statements. In making the forward-looking statements in this release, the Corporation has applied certain factors and assumptions that are based on the Corporation's current beliefs as well as assumptions made by and information currently available to the Corporation, including, but not limited to, the Corporation's product will continue to operate as expected, and the industry will continue to see value in the Corporation's product. Although the Corporation 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. Such risk factors may include, among others, failure to manage growth and product implementation successfully, lengthier than anticipated sales and implementation cycle, cyber risks, risks related to cloud based solutions, failure to continue to adapt to technological change and new product development, dependence on key personnel, competition, intellectual property risks, economic conditions, privacy concerns and legislation, regulatory environment, risk associated with a change in the Corporation's pricing model, risk of defects in the Corporation's solution, dependence on market growth, operational service risk, dependence on partners and delay or failure to realize anticipated benefits of key account installations. Readers are cautioned, especially in these uncertain times, not to place undue reliance on forward-looking statements. The Corporation does not intend to, 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.

Katipult Technology Corp., Gord Breese, CEO, [email protected], [phone]