Latest News on private equity markets

Why You Should Never Invest Your Emergency Fund

Guest Post | Dec 20, 2022 It’s a tough time for people who like to save. Thanks to a 40-year-high inflation rate, the money sitting in your emergency fund is rapidly losing value. It’s simple math. Inflation has been hovering around 7% for some time now, while a basic savings account barely scrapes together 1%


The post Why You Should Never Invest Your Emergency Fund first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

If SEC Lawsuit is Denied, Grayscale May Seek Permission to Buy Back Bitcoin Trust Fund Shares

BNN Bloomberg | Katie Greifeld | Dec 19, 2022 Grayscale Investments is considering appealing to the same US regulator that it’s currently suing for permission to buy back shares of its heavily discounted Bitcoin trust should the firm’s lawsuit fail.  Grayscale Chief Executive Officer Michael Sonnenshein wrote in a letter to investors Monday: A tender


The post If SEC Lawsuit is Denied, Grayscale May Seek Permission to Buy Back Bitcoin Trust Fund Shares first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

The Story of Ukrainian Startup Resilience: MADE WITH BRAVERY

Youtube | Dan Herman | Dec 20, 2022 Dan Herman, Co-founder of MyJupiter Inc., former Head of Strategy of Innovation Canada, and member of Startup Genome's Global Innovation Policy Forum: "In late September I travelled to Ukraine on the invitation of the Ukrainian Startup Fund to film a short documentary on the country’s startup ecosystem


The post The Story of Ukrainian Startup Resilience: MADE WITH BRAVERY first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

a16z: Big Fintech Ideas to Tackle in 2023

a16z | Dec 20, 2022 This time of year, the floodgates open to a deluge of best-of lists and end-of-year recaps. But we at a16z have always been more interested in what’s to come. Here are the biggest ideas for Fintech to tackle in 2023: Compliance as a Competitive Advantage:  Post-Dodd-Frank, financial services companies face


The post a16z: Big Fintech Ideas to Tackle in 2023 first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

The Future of Innovation & Disruption in Toronto’s Tech Industry

Guest Post | Dec 20, 2022 Toronto’s enjoying its time in the tech spotlight. Researchers pegged it as the fastest-growing tech city in North America and the New York Times profiled it as a rival to the Silicon Valley monopoly. The city is home to several top-tier STEM programs and innovation incubators. It’s the well-documented


The post The Future of Innovation & Disruption in Toronto’s Tech Industry first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

Hagerty, Manchin propose $10,000 threshold for Venmo, PayPal tax reporting change — up from $600

Sens. Bill Hagerty and Joe Manchin will propose an amendment to the spending package to increase the threshold for Form 1099-K from $600 to $10,000.

3 years ago

Op-ed: Here are 5 questions to ask your financial advisor before the end of the year

The end of the year is not just a great time to celebrate and give thanks but a chance to review your financial goals and plans with your financial advisor.

3 years ago

Wise Hiring 250 for Austin Texas Hub as Consumer Demand Fuels Expansion

Wise | Release | Dec 13, 2022 Company plans to grow its U.S. presence with over 250 new hires in 2023 to meet the increasing demand for Wise's products and services among consumers and businesses In 2022, Wise grew its U.S.-based headcount by over 75% and will continue its hiring momentum into 2023 with plans


The post Wise Hiring 250 for Austin Texas Hub as Consumer Demand Fuels Expansion first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

TransUnion: US Credit-Card Loan Delinquencies to Rise in 2023

BNN Bloomberg | Paige Smith | Dec 14, 2022 US credit-card and personal-loan delinquencies are likely to rise in 2023 to the highest in a dozen years, with lenders cutting back on originations as a potential recession looms. Forecast released Wednesday by credit-reporting firm TransUnion: Serious card delinquencies are expected to climb to 2.6% at


The post TransUnion: US Credit-Card Loan Delinquencies to Rise in 2023 first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

The best bang for your buck: These 10-year-old used cars cost less than $16,000 and could go for another 100,000 miles

A new report identified the used cars with the lowest prices and longest lifespans.

3 years ago

Major PoR Auditor, Mazars, Temporarily Halts All Crypto Work

Time | Emily Nicolle | Dec 16, 2022 Mazars Group, the accounting firm used by crypto giant Binance Holdings Ltd. and other big players in the to vouch for their assets held in reserve, has halted all work for crypto clients, dealing a major blow to an industry seeking to shore up confidence in the


The post Major PoR Auditor, Mazars, Temporarily Halts All Crypto Work first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

After Elon says Twitter will Process Payments, Senate Banking Committee (Re)introduces Bill to Close ‘Shadow Banking’ Loophole

CNBC | Chelsey Cox | Dec 6, 2022 Senate Banking Committee Chairman Sherrod Brown will introduce a bill Tuesday that aims to close the so-called shadow banking loophole that allows retail and tech companies to offer banking services without the same stringent oversight as other financial institutions. The Close the Shadow Banking Loophole Act comes


The post After Elon says Twitter will Process Payments, Senate Banking Committee (Re)introduces Bill to Close ‘Shadow Banking’ Loophole first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

21% of investors don't think they pay investing-related fees. Here's why they're wrong — and how it costs them

Twenty-one percent of people incorrectly believe they don't pay fees to invest in non-retirement accounts, the FINRA Investor Education Foundation has found.

3 years ago

What Will Be the USD/CAD Rate In The Coming Year?

Guest Post | Dec 19, 2022 USD and CAD are two of the most influential currencies in the world, impacting both financial markets and global economic sectors. The USD is a reserve currency used by many countries around the world, making it an important factor for international trade. It is also one of the most


The post What Will Be the USD/CAD Rate In The Coming Year? first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

Global Improvements with Robotic Technology

Guest Post | Dec 19, 2022 There are multiple reasons why robotic technology is making waves in many industries. From improving customer service to reducing waste, it has a positive impact on a wide range of businesses and industries. So, whether you are an entrepreneur looking to increase efficiency or a business owner looking to


The post Global Improvements with Robotic Technology first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago