Latest News on private equity markets

As Fintech Valuations Fall, Portage closes US$655M VC Fund

As Fintech Valuations Fall, Portage closes US$655M VC Fund

Bloomberg | Kevin Orland | Jun 21, 2022 Portage Ventures, the venture-capital firm owned by Power Corp. of Canada, closed a US$655 million fund to seek a new batch of financial-technology investments around the world and take advantage of a recent tumble in valuations. The firm’s third fund, Portage III, raised money from 34 institutional


The post As Fintech Valuations Fall, Portage closes US$655M VC Fund first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
The Mega Millions jackpot is now $810 million. Here's how much would go to taxes if there's a winner

The Mega Millions jackpot is now $810 million. Here's how much would go to taxes if there's a winner

Ahead of Tuesday night's draw, the jackpot has already been adjusted upward to $810 million from $790 million.

3 years ago
The Biden administration is considering forgiving the student debt for millions of Americans. Here's why

The Biden administration is considering forgiving the student debt for millions of Americans. Here's why

The Biden administration is considering forgiving the student debt for millions of Americans. Here are some of the reasons why.

3 years ago
Nearly 20% of Americans are afraid to check their credit card statements as interest rates approach an all-time high

Nearly 20% of Americans are afraid to check their credit card statements as interest rates approach an all-time high

As credit card debt swells and interest rates spike, many spenders are fearful about high balances. Here's what to know if you're dealing with credit card debt.

3 years ago
Vitalik’s Announces Next 4 Phases of Ethereum’s Development Which is Only 40% Done

Vitalik’s Announces Next 4 Phases of Ethereum’s Development Which is Only 40% Done

CoinGape | Nidhish Shanker | Jul 22, 2022 The Plan After Ethereum Merge Ethereum co-founder, Vitalik Buterin, announced the next phase of Ethereum ecosystem development at the Ethereum Community Conference. Revealing that the long-awaited merge will only complete about 55% of Ethereum’s growth plan, Buterin released 4 other phases.  The Surge, Verge, Purge and Splurge


The post Vitalik’s Announces Next 4 Phases of Ethereum’s Development Which is Only 40% Done first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
How Data Analytics is Used in Healthcare Insurance?

How Data Analytics is Used in Healthcare Insurance?

Jul 25, 2022 The world is one big ball of unrefined data. Businesses and organizations collect data and convert it into commodities through analytics techniques. Raw data doesn't do much, but with the help of data analysis, it becomes invaluable. Why is Data Important in Healthcare? Data is vital in healthcare. For example, HEDIS lets


The post How Data Analytics is Used in Healthcare Insurance? first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
CB Insights:  Canadian Fintech Funding Dropped 70 Percent in Q2-2022 YoY

CB Insights: Canadian Fintech Funding Dropped 70 Percent in Q2-2022 YoY

Betakit | Charlize Alcaraz  | Jul 21, 2022 Though funding for Canadian FinTechs is down quarter-over-quarter, there is still a good amount of capital flowing into the sector—though it remains to be seen how the rest of the year will play out given the current turbulent economic and market conditions.  Canada’s FinTech sector has entered


The post CB Insights: Canadian Fintech Funding Dropped 70 Percent in Q2-2022 YoY first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
CFPB (Office of Competition and Innovation) is Shifting Policies that Provide Special Regulatory Treatment for Individual Firms

CFPB (Office of Competition and Innovation) is Shifting Policies that Provide Special Regulatory Treatment for Individual Firms

Protocol | Ryan Deffenbaugh | Jun 2, 2022 Leaders at the regulator have concluded that a much-hyped “compliance assistance sandbox” and related programs were ineffective. In unveiling a recent restructuring of the agency's innovation office, CFPB Director Rohit Chopra said regulators were shifting away from policies that place "special regulatory treatment on individual companies." The


The post CFPB (Office of Competition and Innovation) is Shifting Policies that Provide Special Regulatory Treatment for Individual Firms first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
With inflation causing a spike in college costs, here are some tax breaks worth exploring to help cash-strapped families

With inflation causing a spike in college costs, here are some tax breaks worth exploring to help cash-strapped families

Some colleges are raising tuition by as much as 5% amid soaring inflation and other pressures. But these tax breaks may offer relief for cash-strapped families.

3 years ago
More Americans plan to tap Social Security retirement benefits early and continue working amid economic uncertainty, survey finds

More Americans plan to tap Social Security retirement benefits early and continue working amid economic uncertainty, survey finds

The Covid-19 pandemic has prompted high inflation and economic uncertainty. Now, more people are planning to turn to Social Security retirement benefits early.

3 years ago
These stocks are best for the long term, top Wall Street analysts say

These stocks are best for the long term, top Wall Street analysts say

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Marvell and Bank of America.

3 years ago
Useful Trading Tips That You Will Want To Hear

Useful Trading Tips That You Will Want To Hear

Jul 24, 2022 Are you looking to get into trading? If so, you will want to make sure that you are doing everything possible to increase your chances of success. There are a lot of different things that you can do to improve your trading skills, and this blog post will discuss some of the


The post Useful Trading Tips That You Will Want To Hear first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
Travelers should act now to capitalize on a strong dollar for trips abroad, says travel editor: 'Don't be too greedy'

Travelers should act now to capitalize on a strong dollar for trips abroad, says travel editor: 'Don't be too greedy'

Americans planning a trip abroad can best take advantage of favorable exchange rates by booking hotels, rental cars and other services now instead of waiting.

3 years ago
'High volatility' includes 'sharp' up days, too. Here's why it's smart to stay invested in the market

'High volatility' includes 'sharp' up days, too. Here's why it's smart to stay invested in the market

With the stock market flashing red day after day, investors may be eyeing the exit sign. They'd be better off staying put.

3 years ago
What Are the Pros and Cons of Bitcoin ATMs?

What Are the Pros and Cons of Bitcoin ATMs?

Jul 22, 2022 Almost 30% of Canadians have made the great choice to start using cryptocurrency. If you're one of them or are thinking about joining their ranks, using a Bitcoin ATM is one of the most accessible, simple, and secure ways to begin your journey. These kiosks are ultimately enormously beneficial to crypto users,


The post What Are the Pros and Cons of Bitcoin ATMs? first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago