Latest News on private equity markets

Workers at private companies have amassed more than $400 million in state-run retirement programs

So far, three states have automatic-enrollment retirement programs up and running for workers who don't have a 401(k) plan. More are on the way.

3 years ago

Elon Musk Asks McDonald’s to Accept Dogecoin

U.Today | Alex Dovbnya | Jan 26, 2022 Fast food giant McDonald’s is facing backlash after botching its response to Tesla CEO Elon Musk As reported by U.Today, the centibillionaire asked the Chicago-headquartered corporation to accept Dogecoin. In return, he promised to eat its Happy Meal on television. McDonald’s has seemingly backed away from the


The post Elon Musk Asks McDonald’s to Accept Dogecoin first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

Is a scammer getting unemployment benefits in your name? Victims will find out this tax season

Identity theft linked to unemployment benefits has surged during the Covid-19 pandemic. There are several steps victims should take to protect themselves.

3 years ago

In the face of wreckage, DeFi’s self-policing shines

Arca | Jeff Dorman | Jan 31, 2022 The Chief Financial Officer of popular decentralized finance (DeFi) protocol Wonderland was revealed as a convicted scammer and former executive of Quadriga. Michael Patryn, who went by the pseudonymous handle “Sifu” and worked directly with prominent DeFi founder Dani Sestagalli, had oversight over a treasury of nearly


The post In the face of wreckage, DeFi’s self-policing shines first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

You may not have to pay the IRS back if you got too much in child tax credit payments

The IRS has protections in place that mean some families who received too much through the child tax credit won't have to repay the money.

3 years ago

Bitcoin evangelist Michael Saylor says clear crypto regulations would speed institutional adoption

The MicroStrategy CEO told CNBC on Wednesday he's looking for "clear, bright line definitions" around a digital security versus a digital currency.

3 years ago

Is Open Sea doing enough to combat NFT fraud?

The Guardian | Lois Beckett | Jan 29, 2022 The digital marketplace for NFTs grew to an estimated $22bn last year but companies face challenges monitoring stolen art Van Baarle is a popular digital artist, with millions of followers on social media. She’s one of a growing number of artists who have had online images


The post Is Open Sea doing enough to combat NFT fraud? first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

Rates are going up: “Emergency monetary measures to support the economy are no longer needed”

BoC | Tiff Macklem | Feb 2, 2022 Our message is threefold. The emergency monetary measures needed to support the economy through the pandemic are no longer required and they have ended. Interest rates will need to increase to control inflation. Canadians should expect a rising path for interest rates. While reopening our economy after


The post Rates are going up: “Emergency monetary measures to support the economy are no longer needed” first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

'We made it through.' Small business owners are optimistic but still face challenges almost two years into the pandemic

Inflation, supply chain disruptions and a shortage of workers still weigh on small business owners. Despite it all, they are optimistic.

4 years ago

Op-ed: Here are some tech buying opportunities for investors to consider

While tech spurred much of recent market volatility, the sector is well positioned for future growth. Here's where investors should look.

4 years ago

Not saving more for retirement now may cost you 'tens of thousands' later. Here's how to get started

More than one-third of people admit to not having a retirement savings account. "It's just so important to get started immediately," one expert says.

4 years ago

Bob Johnson says Biden's Build Back Better bill needs to direct money to Black-owned businesses

"Closing the Black wealth gap is not a job," said the founder of The RLJ Cos. "It's giving us more access to wealth sustainability."

4 years ago

Hester Peirce: Dissenting Statement on Proposal to Amend Regulation ATS (and limited comment period)

SEC | Hester Peirce | Jan 26, 2022 Thank you, Chair Gensler. Events in the U.S. Treasury market (as well as the related repo market) over the past several years strongly suggest that the market for government securities suffers from inadequate levels of intermediation, liquidity, and transparency that in times of stress can dramatically decrease


The post Hester Peirce: Dissenting Statement on Proposal to Amend Regulation ATS (and limited comment period) first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

CIG: Amid Web3’s Imaginative Obsolescence, Informed Skepticism Is Critical

CIG | Elizabeth M. Renieris | Jan 14, 2022 As the notion of Web 3.0 or “Web3” — the third generation of the internet premised on “decentralized” technologies — has captured the collective imagination, those skeptical about it are often chastised for offering criticism rather than alternatives. If you don’t like Web3, its promoters say,


The post CIG: Amid Web3’s Imaginative Obsolescence, Informed Skepticism Is Critical first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

With over 500K users KOHO closes CAD$210 million series D round

Koho Release | Feb 1, 2022 TORONTO, Feb. 01, 2022 (GLOBE NEWSWIRE) -- KOHO Financial Inc, the rapidly growing Fintech company, announced today that it has closed a C$210 million Series D funding round. This investment was led by Eldridge, a holding company headquartered in Greenwich, Connecticut with a network of businesses across finance, entertainment,


The post With over 500K users KOHO closes CAD$210 million series D round first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago