Latest News on private equity markets

'Young adults are particularly vulnerable to delinquencies' — 1 in 5 have debt in collections, new report finds

'Young adults are particularly vulnerable to delinquencies' — 1 in 5 have debt in collections, new report finds

With little to no safety net, lower wages and shorter credit histories, young adults are struggling to manage high-interest debt, according to a new report.

3 years ago
Average Social Security retirement benefit fell short by 46% in 2022. Here are the costs the went up the most

Average Social Security retirement benefit fell short by 46% in 2022. Here are the costs the went up the most

High inflation outpaced a record Social Security cost-of-living adjustment this year. Here's the prices that rose the fastest for households ages 65 and up.

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

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

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
a16z:  Big Fintech Ideas to Tackle in 2023

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 Story of Ukrainian Startup Resilience:  MADE WITH BRAVERY

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

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
Why You Should Never Invest Your Emergency Fund

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
'Secure 2.0' is part of the $1.7 trillion spending bill, putting it on track to usher in retirement system improvements

'Secure 2.0' is part of the $1.7 trillion spending bill, putting it on track to usher in retirement system improvements

The omnibus appropriations bill, which includes a variety of retirement-system changes, is expected to clear Congress this week.

3 years ago
Supreme Court likely to 'dismantle' student loan forgiveness plan after it hears case, says Harvard law professor

Supreme Court likely to 'dismantle' student loan forgiveness plan after it hears case, says Harvard law professor

U.S. Supreme Court justices have scheduled high-profile arguments over President Joe Biden's student loan forgiveness plan for Feb. 28.

3 years ago
Average Social Security retirement benefit fell short by 46% in 2022. Here are the costs that went up the most

Average Social Security retirement benefit fell short by 46% in 2022. Here are the costs that went up the most

High inflation outpaced a record Social Security cost-of-living adjustment this year. Here's the prices that rose the fastest for households ages 65 and up.

3 years ago
Waterloo Region’s Communitech Receives $38M of Federal Funding from the ElevateIP Program

Waterloo Region’s Communitech Receives $38M of Federal Funding from the ElevateIP Program

CBC | Aastha Shetty | Dec 19, 2022 Communitech has received $38 million in federal funding to provide startups across Ontario, Manitoba and Saskatchewan with access to professional intellectual property supports. The funding comes from the federal government's new $90 million investment into business accelerators and incubators like Communitech. It's a part of the government's ElevateIP program, which


The post Waterloo Region’s Communitech Receives $38M of Federal Funding from the ElevateIP Program first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
This 'wild card' strategy can help retirees with unpaid quarterly taxes before year-end

This 'wild card' strategy can help retirees with unpaid quarterly taxes before year-end

If you're retired and missed quarterly estimated tax payments for 2022, there's still a chance to avoid late penalties. Here's what to know.

3 years ago
Long Covid patients can face a battle trying to claim benefits through their workplace disability insurance

Long Covid patients can face a battle trying to claim benefits through their workplace disability insurance

Given some of the subjective symptoms of long Covid, there's no guarantee that a claim filed for short- or long-term disability insurance will be approved.

3 years ago
100+ Dormant Bitcoins from QuadrigaCX Suddenly Wake Up

100+ Dormant Bitcoins from QuadrigaCX Suddenly Wake Up

Coindesk | Nikhilesh De | Dec 19, 2022 More than 100 bitcoins tied to the defunct Canadian crypto exchange QuadrigaCX were transferred out of cold wallets thought to be beyond anyone’s control over the weekend, after sitting dormant for more than three years. QuadrigaCX went bankrupt in 2019 after the apparent death of founder and


The post 100+ Dormant Bitcoins from QuadrigaCX Suddenly Wake Up first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago