Latest News on private equities market

Biden administration is making a big change to student loan repayment. What borrowers need to know

The Biden administration is moving to create a new way for borrowers to repay their federal student loans. Some bills could be cut in half.

1 year ago

How Will FTX’s Collapse Impact North Korea? The Answer Will Surprise You!

Feb 15, 2023 The recent collapse of the FTX exchange has rocked the cryptocurrency world and those involved in it to its core. Since the world’s third-largest crypto exchange declared itself bankrupt, it has sent a ripple effect across the entire cryptocurrency market. However, amongst the many people who have suffered due to the FTX


The post How Will FTX’s Collapse Impact North Korea? The Answer Will Surprise You! first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

KPMG: Canadian Fintech Investment Drops in 2022, Mentality Shift to ‘Sensible’ Growth

KPMG | Release | Feb 15, 2023 Investment in Canada's fintech sector dropped last year, as valuations declined more than five-fold and the number of deals slowed significantly towards the end of the year. Despite the slowdown, it was still the second-best year for deal volume. 2022 highlights:  There were 169 fintech investments worth US$1.3


The post KPMG: Canadian Fintech Investment Drops in 2022, Mentality Shift to ‘Sensible’ Growth first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Most couples are 'financially incompatible,' survey finds. Having a money talk could help — no matter how long you've been together

Communicating about finances with your partner can help you both understand each other's money mindset. Having a "money talk" can build a stronger relationship.

1 year ago

Here's how much you need to save every month to earn $30,000 per year in interest for retirement

Saving enough money now could make it possible for you to fund your retirement by living off of your returns without ever touching your nest egg.

1 year ago

Here's the breakdown of the inflation report for January — in one chart

High inflation persisted in January, with the consumer price index rising 6.4% on an annual basis.

1 year ago

Republican lawmakers urge Supreme Court to overturn Biden's student loan forgiveness plan

GOP lawmakers filed briefs at the Supreme Court, asking the justices to block Biden's historic student loan forgiveness plan.

1 year ago

The IRS has issued nearly 8 million tax refunds. Here’s the average payment

The IRS has issued nearly 8 million tax refunds worth about $15.7 billion, as of Feb. 3. Here's the average payment.

1 year ago

UK Publishes Draft Legislation to Regulate BNPL Credit

Reuters | Huw Jones | Feb 1, 2023 Britain on Tuesday set out draft legislation to regulate "buy now pay later" (BNPL) credit, saying the sector posed potential harm to consumers without thorough affordability checks. BNPL companies are largely unregulated (UK) and typically offer on-the-spot interest-free short-term loans that spread payments for retail goods like


The post UK Publishes Draft Legislation to Regulate BNPL Credit first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Navigating Current Market Conditions

The current economic environment, characterized by high interest rates, increasing inflation, and a slowdown of venture capital investments, may have implications for private market investors. With the current inflation rate for the 12-months ended December 2022 sitting at 6.4%[1], many … Continue reading

1 year ago

This is the best strategy to pay down credit card debt — but 37% of borrowers don’t know about it

Moving a balance from a high-rate credit card to one with a no-interest offer can save thousands.

1 year ago

What laid-off workers need to know when applying for unemployment benefits

Workers who've recently been impacted by the wave of layoffs from companies should apply for unemployment benefits as soon as possible, experts say.

1 year ago

What CEOs Should Know About the Metaverse

McKinsey & Co | Homayoun Hatami, Eric Hazan, Hamza Khan, and Kim Rants | Jan 24, 2023 When we estimated the market value of metaverse activity in June 2022, we calculated that it was between $200 billion and $300 billion. It’s larger now, and in eight years or so, it could be $4 trillion to $5


The post What CEOs Should Know About the Metaverse first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Regulatory Consultation (Feedback by March 28, 2023): Retail Payment Activities Act (RPAA)

Bank of Canada | Feb 11, 2023 The Department of Finance Canada’s proposed regulations on the Retail Payment Activities Act (RPAA) have been published for public comment in Part I in the Canada Gazette. The public comment period is an important step in the regulatory process. You have until March 28, 2023, to comment on the regulations


The post Regulatory Consultation (Feedback by March 28, 2023): Retail Payment Activities Act (RPAA) first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

House lawmakers relaunch the SALT caucus. Here's what to know about the $10,000 deduction limit for state and local taxes

A group of bipartisan House representatives relaunched the SALT caucus last week, calling for relief from the $10,000 state and local taxes deduction limit.

1 year ago