Latest News on private equity markets

Amid inflation and market volatility, just 12% of adults — and 29% of millionaires — feel 'wealthy'

Amid inflation and market volatility, just 12% of adults — and 29% of millionaires — feel 'wealthy'

These days, only 12% of Americans consider themselves wealthy, including just 29% of millionaires.

3 years ago
How to Invest in Cryptocurrency Index Funds

How to Invest in Cryptocurrency Index Funds

Dec 8, 2022 Cryptocurrency index funds are an excellent way to invest in crypto. Index funds are excellent investments because of their accessibility, simplicity, and return rates. Cryptocurrency index funds offer the benefits of traditional investment vehicles like mutual funds and exchange-traded funds. But there is a problem with cryptocurrency: it's very risky to invest


The post How to Invest in Cryptocurrency Index Funds first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
401(k) 'hardship' withdrawals hit record high, Vanguard says — another sign households feel the pinch of inflation

401(k) 'hardship' withdrawals hit record high, Vanguard says — another sign households feel the pinch of inflation

401(k) savers are raiding their nest eggs due to financial hardship at elevated rates, suggesting they need fast cash amid fast-rising consumer prices.

3 years ago
Long Covid's financial devastation: $8,000 in credit card debt, ruined retirement plans

Long Covid's financial devastation: $8,000 in credit card debt, ruined retirement plans

On top of the toll it takes on their health, long Covid patients report a devastating impact on finances, including massive medical expenses and job losses.

3 years ago
Dec 15, 2022:  Techstars Toronto Winter 2022 Demo Day

Dec 15, 2022: Techstars Toronto Winter 2022 Demo Day

Techstars Toronto | Sunil Sharma | Dec 7, 2022 We are excited to invite you to Techstars Toronto's seventh Demo Day Showcase! Join us on December 15th at 12:00 PM EST to meet the 12 companies graduating from the 2022 Winter Cohort. This Demo Day Showcase will give the investor community a look at 12


The post Dec 15, 2022: Techstars Toronto Winter 2022 Demo Day first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
Plaid Lays Off 260 Employees (20% of Staff)

Plaid Lays Off 260 Employees (20% of Staff)

TechCrunch | Mary Ann Azevedo | Dec 7, 2022 Plaid, a Fintech decacorn, is laying off 260 employees, or about 20% of its workforce, the company announced today In April of 2021, Plaid raised a $425 million Series D led by Altimeter Capital, which valued the company at around $13.4 billion. This was after its


The post Plaid Lays Off 260 Employees (20% of Staff) first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
Fund Tokenization:  Fractional Issuance, Streamlined Redemption, and Servicing Benefits

Fund Tokenization: Fractional Issuance, Streamlined Redemption, and Servicing Benefits

Quant | Rebecca Hackworth | Nov 28, 2022 Alternative fund managers are starting to recognise the benefits of tokenised funds - a new dawn for alternatives For fund managers, the potential to tap into an even wider cohort of investors is a significant opportunity. A recent study of 100 European fund managers by Madrid-based tokenisation


The post Fund Tokenization: Fractional Issuance, Streamlined Redemption, and Servicing Benefits first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
According to a Group of Economists, Unregulated Wash Trading is Impacting Tax Revenue

According to a Group of Economists, Unregulated Wash Trading is Impacting Tax Revenue

Quartz | Nate DiCamillo | Dec 6, 2022 Crypto traders don’t have to move their funds offshore to evade US taxes, as long as the US government allows wash trading of the nascent asset class. Tax loss harvesting: A group of economists from Cornell University, the University of North Carolina, and Tel Aviv University have


The post According to a Group of Economists, Unregulated Wash Trading is Impacting Tax Revenue first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
Trust Fallacy:  75% of Payment Fraud in Crypto is Carried Out by KYC-verified Accounts

Trust Fallacy: 75% of Payment Fraud in Crypto is Carried Out by KYC-verified Accounts

Crowdfund Insider | Alex Zeltcer | Nov 28, 2022 There’s no doubt in the minds of financial organizations and anti-laundering regulators that Know Your Customer (KYC) verified accounts prevent fraudulent activity– and that’s exactly the problem. Then:  In the early 1990s, governments around the globe had a growing concern about preventing the increasingly connected banking


The post Trust Fallacy: 75% of Payment Fraud in Crypto is Carried Out by KYC-verified Accounts first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
Just 8% of Americans have a positive view of cryptocurrencies now, CNBC survey finds

Just 8% of Americans have a positive view of cryptocurrencies now, CNBC survey finds

The survey shows 43% of the public with a negative view of cryptocurrencies, up from 25% in March.

3 years ago
Taking required minimum distributions? How to reduce the sting of selling in a down market

Taking required minimum distributions? How to reduce the sting of selling in a down market

The deadline is approaching for required minimum distributions, and retirees need to be careful when withdrawing money in a down market. Here's what to know.

3 years ago
50% of women say they are behind on retirement savings. Here's why they face challenges

50% of women say they are behind on retirement savings. Here's why they face challenges

Women face higher hurdles for how much income they will need in retirement, and they lack confidence they can clear them, according to a Goldman Sachs report.

3 years ago
Final Legal Submission Concluded After 2 Years:  Ripple vs SEC

Final Legal Submission Concluded After 2 Years: Ripple vs SEC

CryptoPotato | Chayanika Deka  | Dec 5, 2022 The long-running legal spat between Ripple and the SEC and Ripple is drawing close after two years. Stuart Alderoty, General Counsel of Ripple, confirmed the company’s “final submission,” urging the court to grant judgment in its favor and said that Ripple is proud of the defense it


The post Final Legal Submission Concluded After 2 Years: Ripple vs SEC first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
Reg A+ Offering Platform Announces Expansion into Canada:  Issuance

Reg A+ Offering Platform Announces Expansion into Canada: Issuance

Crowdfund Insider | JD Alois | Dec 6, 2022 Issuance, a platform that specializes in aiding issuers raising capital under Reg A+, has announced its expansion into Canada. According to a company statement, Issuance is now an “endorsed service-provider partner” of the Canadian Securities Exchange (CSE). The arrangement allows Issuance to offer preferred rates for


The post Reg A+ Offering Platform Announces Expansion into Canada: Issuance first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
'Risky behaviors' are causing credit scores to level off — here's how that can hurt you

'Risky behaviors' are causing credit scores to level off — here's how that can hurt you

Your three-digit credit score can determine the interest rate you’ll pay for credit cards, car loans and mortgages. The higher your score, the lower the rate.

3 years ago