Latest News on private equity markets

CNBC | Hugh Son | Sep 3, 2020 Key Points A tiny start-up led by a former Goldman Sachs trader has become the first fintech firm to complete the acquisition of a nationally regulated U.S. bank, CNBC has learned. Jiko, a 23-person company co-founded by Stephane Lintner, has closed a deal to purchase Mid Central

The post Start-up JIKO co-founded by ex-Goldman trader is first fintech to complete takeover of a national bank first appeared on National Crowdfunding & Fintech Association of Canada.

Forbes | Sergei Klebnikov | Sep 2, 2020 Key Facts: Robinhood faces a civil fraud investigation from the SEC, which is reportedly at an advanced stage, over its deals with high-speed trading firms. The online brokerage could be forced to pay a fine of more than $10 million if it decides to settle with the

The post Robinhood Reportedly Hit By SEC Fraud Probe, Possible Fine Of Over Million first appeared on National Crowdfunding & Fintech Association of Canada.

Guest Post | Sep 4, 2020 One of the hottest topics in blockchain circles right now is Central Bank Digital Currencies or CBDC. Ever since Facebook announced its Libra project roughly a year ago, the CBDC trend has gained a lot more attention as governments weigh up how to react to private sector involvement in

The post Do Central Bank Digital Currencies need a blockchain operating system? first appeared on National Crowdfunding & Fintech Association of Canada.

With inventory at car dealerships remaining tight, some used cars are fetching a premium. The average list price for a 2017 model climbed to $24,287 in August, up nearly $1,500 from June.

Troubles in the stock market should direct your attention to your personal timeline and financial goals.

As Washington lawmakers try to work out their differences on the next round of coronavirus stimulus relief, one area that still has support are second $1,200 stimulus checks, Vice President Mike Pence told CNBC on Friday.

Financial Post | James McLeod | Aug 21, 2020 Tech companies moving to create 'frictionless' experience so small businesses can get access to money quickly In early August, Montreal-based Lightspeed POS Inc. announced it would start offering loans of up to US$50,000 per retail location to merchants in the United States that already use its

The post Who needs banks? How tech companies are taking a bite out of financial services first appeared on National Crowdfunding & Fintech Association of Canada.

Global Government Forum | Ian Hall | Sep 3, 2020 The UK’s journey towards implementing open banking to deliver citizen services has taken a significant step forward with the opening of what is believed to be the country’s first government tender specifically for open banking. In a move that will be greeted by open banking’s

The post UK government open banking tender puts focus on payments first appeared on National Crowdfunding & Fintech Association of Canada.

The Renaissance Capital IPO ETF (IPO), a basket of the 60 or so largest IPOs in the last two years, is up 64% year-to-date.

Tesla shares came under pressure again on Thursday, following two days of heavy selling.

The online entrepreneurship program Girls With Impact is teaching teens financial literacy and leadership skills.

A new survey finds nearly three-quarters of U.S. vacationers plan to spend at least part of the Labor Day long holiday weekend working, reflecting a growing trend toward so-called work-cations for many Americans. Hotels and rental home providers are stepping up to meet demand.

Tesla shares came under pressure again on Thursday, following two days of heavy selling.

Early tests of SpaceX's Starlink satellite internet network showed speeds capable of playing online video games and streaming movies.