Latest News on private equities market

Education Department forgives loans of more than 110,000 people in public service

The Education Department has canceled around $6.8 billion in student debt for more than 110,000 borrowers through the public service loan forgiveness waiver.

2 years ago

TurboTax owner Intuit to pay $141 million to customers 'unfairly charged'

The tax-filing software provider will pay restitution to 4.4 million customers who used TurboTax's Free Edition for tax years 2016 through 2018.

2 years ago

FitFi and Web3: Step App launches on ‘move2earn’ protocol

Business News | Shawn Johnson | May 3, 2022 Step App creating new ways to incorporate NFTs with 'move2earn' protocol Similarly with Vista’s uniquely placed metaverse comes yet another example of innovation in space. Step App is the first application on “move2earn” protocol. A blockchain-based game that lets users buy NFT sneakers, and skins, to


The post FitFi and Web3: Step App launches on ‘move2earn’ protocol first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Sequoi’s Shaun Maguire on decentralization and crypto venture conviction

TechCrunch | Lucas Matney | May 1, 2022 In a conversation on TechCrunch’s new web3 podcast Chain Reaction, Sequoia crypto partner Shaun Maguire talked about the firm’s commitment to the sector, regulatory challenges and what plenty of crypto investors still don’t understand. Earlier this year, Sequoia announced a $500 to $600 million sub-fund dedicated exclusively


The post Sequoi’s Shaun Maguire on decentralization and crypto venture conviction first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Secure 2.0 legislation would make retirement catch-up limits more generous for some. Here's who would really benefit

Individuals approaching retirement may put away more catch-up money, if a proposal becomes law. But the benefits may be limited to high-income workers.

2 years ago

Op-ed: Stocks have been a horror show. Here’s how to tell when the market is near capitulation

Investors who keep their eyes closed for the most harrowing scenes may miss out on bargains.

2 years ago

Eight attorneys general call on Biden to cancel federal student debt for every borrower

Eight attorneys general wrote a letter to President Joe Biden on Wednesday, requesting that he forgive federal student debt for every borrower.

2 years ago

Here's what the Fed's half-point rate hike means for your money

The Fed announced its sharpest rate hike since 2000 to fight inflation. Here's how that impacts your credit card, mortgage, car loan, student debt and savings.

2 years ago

As mortgage rates rise, here’s how to decide whether you should buy a home or rent

Rising mortgage rates and prices are squeezing buyers. At the same time, rents are also up. Here's what to consider when deciding which move is right for you.

2 years ago

Dan Breznitz: Unless we change Canadian business, our kids will have a worse life than us

The Logic via National Post | Murad Hemmadi  | Apr 19, 2022 A prominent political economist and a frequent, vocal critic of federal innovation policy, Breznitz had spent years warning that declining productivity and business investment imperiled Canada’s long-term prosperity. Now Finance Minister Chrystia Freeland was standing in the House of Commons and announcing billions


The post Dan Breznitz: Unless we change Canadian business, our kids will have a worse life than us first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

PayPal’s role in EU Antitrust complaint about Apple Wallet

Mac Rumours | Juli Clover | May 3, 2022 Apple Pay competitor PayPal played a role in the EU's decision to target Apple with antitrust complaints about its mobile wallet, reports Bloomberg. PayPal was one of "multiple companies" that filed informal complaints about the way Apple restricts third-party apps from accessing the NFC capabilities of


The post PayPal’s role in EU Antitrust complaint about Apple Wallet first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

NFTs are volatile: Otherdeeds virtual land sale

Fortune | Olga Kharif and Bloomberg | May 3, 2022 Many purchasers of Otherdeeds, the virtual land that sparked a buying frenzy last weekend and led to skyrocketing transaction fees on Ethereum, are underwater as prices dropped after the initial euphoria wore off. Yuga Labs, the creator of the popular Bored Apes Yacht Club collection


The post NFTs are volatile: Otherdeeds virtual land sale first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

FINRA Fines Wefunder $1.4 Million and StartEngine Capital $350,000 for compliance violations

Finra | Press release | May 4, 2022 WASHINGTON, May 04, 2022--(BUSINESS WIRE)--FINRA announced today that it has fined two FINRA-registered funding portals a combined $1.75 million for failing to comply with securities laws and rules designed to protect crowdfunding investors.  In settling these matters, Wefunder and StartEngine accepted and consented to the entry of


The post FINRA Fines Wefunder $1.4 Million and StartEngine Capital $350,000 for compliance violations first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Crowdfunding platforms now required to report transactions to FINTRAC, after truck convoy protests

CBC | Elizabeth Thompson  | May 4, 2022 Government says [donation and reward-based] crowdfunding platforms are an emerging risk for terrorist financing The power of crowdfunding companies to raise money was in the spotlight earlier this year after organizers of the truck convoy protest — which paralyzed downtown Ottawa for three weeks and blocked various border


The post Crowdfunding platforms now required to report transactions to FINTRAC, after truck convoy protests first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Op-ed: What financial advisors are demanding during the 'Great Resignation'

Amid the "Great Resignation," financial advisors are taking stock of their careers and how they want to operate. Three themes have emerged in recent months.

2 years ago