Latest News on private equity markets

Corporate card start-up Ramp targets Bill.com with free payments software

Ramp sets out to compete with Bill.com, a fintech company that automates the processing and payment of invoices.

2 days ago

Jim Chanos: China’s “Leveraged Prosperity” Model is Doomed

Institute for New Economic Thinking | Lynn Parramore | Oct 14, 2021 Famed short-seller is even more concerned with political fallout from Evergrande than economic/financial woes. LP: Let’s talk about Evergrande, the Shenzhen developer whose crisis has got everybody worried. How did things get so bad? JC: Last year, as the tech crackdown was gaining


The post Jim Chanos: China’s “Leveraged Prosperity” Model is Doomed first appeared on National Crowdfunding & Fintech Association of Canada.

2 days ago

'We don't regulate euphoria,' says former SEC chairman Jay Clayton, who breaks down why social media will likely continue to influence investing

The influence of social media on investors, spurring investments in meme stocks and cryptocurrencies, is likely permanent, says former SEC chairman Jay Clayton.

2 days ago

Shiba Inu Meme Coin Soars to Record, Slips…as Chinese Authorities Strengthen Supervision of NFTs

TheStreet | Rob Lenihan | Oct 25, 2021 Cryptocurrency prices were climbing Monday with the parody cryptocurrency Shiba Inu coin soaring to a record over the weekend before losing ground. Shiba Inu's recent surge appears related to unconfirmed rumors that the coin would soon be listed on the popular stock trading app Robinhood, according to Fortune. 


The post Shiba Inu Meme Coin Soars to Record, Slips…as Chinese Authorities Strengthen Supervision of NFTs first appeared on National Crowdfunding & Fintech Association of Canada.

2 days ago

Billions in aid still available to struggling renters

To address the renters' crisis triggered by the pandemic, Congress allocated $45 billion in aid. Six months later, most of that money is still available.

2 days ago

Congress has a new plan to fix Social Security. How it would change benefits

A new version of the Social Security 2100 Act includes updates that keep President Joe Biden and Republicans in mind. Here's how it would change the program.

2 days ago

Democrats’ plan may raise childcare costs for some middle-class families

Households who don't qualify for childcare subsidies in the programs' early years could be on the hook for higher costs.

2 days ago

What to know before making these year-end stock options moves

Employees with stock options may accelerate income in lower-earning years to slash future tax bills. However, there may be other consequences, experts say.

2 days ago

Wells Fargo has a new virtual assistant in the works and it’s named Fargo

The move by Wells Fargo is part of a broader technology overhaul under CEO Charles Scharf.

3 days ago

6 budget hacks to get your financial life on track

Budgeting may not sound exciting, but it is key to achieving financial wellness.

3 days ago

FTX lures blue-chip investors in $421m funding round

Financial Times | Harriet Agnew, Eva Szalay, Joshua Oliver and Arash Massoudi  | Oct 21, 2021 BlackRock, Sequoia and Ontario Teachers’ Pension Plan took part in $421m deal FTX has agreed a $421m funding round with backing from groups including BlackRock, Sequoia and the Ontario Teachers’ Pension Plan, marking the latest sign that blue-chip investors


The post FTX lures blue-chip investors in $421m funding round first appeared on National Crowdfunding & Fintech Association of Canada.

3 days ago

Elon Musk reposted this meme > 2 days later ‘Love in The Time of Web3’ sold as an NFT for nearly $20,000

CNBC Make It| Taylor Locke | Oct 22, 2021 Love in The Time of Web3 It's no secret that billionaire Elon Musk loves memes. He frequently reposts them on Twitter, where he has 61 million followers. Though some dislike his reposting, as he often neglects to give the original meme creators credit, others have profited


The post Elon Musk reposted this meme > 2 days later ‘Love in The Time of Web3’ sold as an NFT for nearly $20,000 first appeared on National Crowdfunding & Fintech Association of Canada.

3 days ago

Wells Fargo has a new virtual assistant in the works named Fargo

The move by Wells Fargo is part of a broader technology overhaul under CEO Charles Scharf.

3 days ago

Canada’s Competition Problem: 7 Reasons

Regs to Riches | Vass Bednar | Oct 24, 2021 Canada’s real competition problem is capacity. Competition policy is an important instrument that can be used to regulate behaviour between businesses and create beneficial outcomes for the economy and society,  including: greater economic efficiency and innovation, more product variety for consumers and better prices, the


The post Canada’s Competition Problem: 7 Reasons first appeared on National Crowdfunding & Fintech Association of Canada.

3 days ago

Wealthsimple adds crypto portfolios to group-retirement plans

BNN Bloomberg | Kevin Orland | Oct 21, 2021 Power Corp. of Canada’s online financial-services company Wealthsimple is adding retirement portfolios that include Bitcoin and Ethereum for its group-retirement clients, another sign of the possible mainstreaming of cryptocurrencies. Employees of companies with retirement plans run by Wealthsimple Work will be able to allocate 1 per


The post Wealthsimple adds crypto portfolios to group-retirement plans first appeared on National Crowdfunding & Fintech Association of Canada.

3 days ago