Latest News on private equity markets

Wealthsimple Crypto launches after 130,000 signed up to waitlist

Wealth Professional | James Burton |Sep 23, 2020 Robo-advisor trumpets easy-to-use, transparent and safe product, which is now open to investors Weathsimple Crypto went live yesterday, with more than 130,000 Canadians having signed on to the waitlist since the product was announced last month. The digital platform is offering commission-free trading of the two largest


The post Wealthsimple Crypto launches after 130,000 signed up to waitlist first appeared on National Crowdfunding & Fintech Association of Canada.

5 days ago

Investor Basics: What Does Going Public Mean?

In this blog, we will be walking through what it means for a company to go public, different means of taking a company public, and how that can impact pre-IPO investors. Continue reading

5 days ago

OSFI launches consultation on technology risks in the financial sector (Deadline: Dec 15)

OSFI | Release | Sep 15, 2020 OTTAWA, ON, Sept. 15, 2020 /CNW/ - Today the Office of the Superintendent of Financial Institutions (OSFI) launched a three-month consultation with the publication of a discussion paper, Developing financial sector resilience in a digital world.  The paper focuses on risks arising from rapid technological advancement and digitalization, as


The post OSFI launches consultation on technology risks in the financial sector (Deadline: Dec 15) first appeared on National Crowdfunding & Fintech Association of Canada.

5 days ago

The Supreme Court may gut the Affordable Care Act. What's next?

The Supreme Court is expected to hear oral arguments in November in a case against the Affordable Care Act, also known as Obamacare. The decade-old law may not survive, which would mean less coverage, higher costs and eroded protections for many Americans.

5 days ago

Here are the top 5 U.S. cities for retirement

Heading south for retirement may be your best bet, according to this report.

5 days ago

Ant Plans $17.5 Billion Hong Kong IPO, No Cornerstones

Bloomberg | Lulu Yilun Chen | Sep 23, 2020 Jack Ma’s Ant Group Co. is seeking to raise $17.5 billion in its Hong Kong share sale and won’t seek to lock in cornerstone investors, confident there will be plenty of demand for one of the largest equity deals in the financial hub, according to people


The post Ant Plans .5 Billion Hong Kong IPO, No Cornerstones first appeared on National Crowdfunding & Fintech Association of Canada.

5 days ago

Medicare beneficiaries might get $200 to help with drug costs. Here's what we know so far

While the president said on Thursday that 33 million Medicare beneficiaries will each receive a $200 card to help pay for prescription drugs, details are slim.

5 days ago

Unemployment benefits? Stimulus checks? Aid measures are in limbo as people's bills are still due

Even though Congress hasn't been able to reach a deal on another stimulus package, the bills are still due. Here's how to manage.

5 days ago

Financial aid might fall short for these college students next year. Here’s why

The coronavirus pandemic has put a dent in many families' finances. Since college aid for the 2021-22 school year is based on 2019 taxes, the packages may not reflect the new reality.

5 days ago

Congressional lawmakers worry Trump’s payroll tax deferral will hurt Social Security

President Donald Trump signed an executive order in August that will let certain workers put off paying taxes toward Social Security that come out of their paychecks through the end of the year. Some lawmakers and advocates see it as an attack on the program.

5 days ago

SkipTheDishes co-founders look to shake up banking as Neo Financial hits the market

Betakit | Meagan Simpson | Sep 23, 2020 Neo Financial, the new Canadian FinTech startup focused on challenging the status quo in banking, has begun rolling out its services in Western Canada. Neo Financial is a Prairies-based startup created by SkipTheDishes founders Andrew Chau and Jeff Adamson, alongside Kris Read. It is the newest challenger


The post SkipTheDishes co-founders look to shake up banking as Neo Financial hits the market first appeared on National Crowdfunding & Fintech Association of Canada.

6 days ago

Ron Insana: For the first time ever, a recession could end with a bear market

Is it possible that good news will be very bad news for the "stay-at-home" tech stocks?

6 days ago

A Roth IRA may help fund your home purchase. Here are the pros and cons

While you might be able to use up to $10,000 in Roth IRA earnings toward the purchase of a home — without paying taxes or penalties on the withdrawal — it's important to know the rules that apply.

6 days ago

How to navigate volatile markets during retirement

Extreme bouts of market volatility, like those seen in U.S. stocks this year, can be harrowing for retirees. Financial advisors recommend embracing volatility as part of the process and having a plan to deal with it.

6 days ago

Global Risk Institute Report: Discussing Open Banking Regulation for Canada

Global Risk Institute | Markos Zachariadis, University of Manchester | Sep 24, 2020 Executive Summary:  Data-sharing frameworks in financial services:  Discussing open banking regulation for Canada  Data-sharing frameworks in financial services are becoming increasingly prevalent with the potential to shape drastically the future of banking and finance. As data assets are of strategic importance to


The post Global Risk Institute Report: Discussing Open Banking Regulation for Canada first appeared on National Crowdfunding & Fintech Association of Canada.

6 days ago