Latest News on private equities market

Conservatives release full platform promising billions of dollars in new pandemic aid and Open Banking

Conservatives release full platform promising billions of dollars in new pandemic aid and Open Banking

CBC | Aug 16, 2021 The party would create new legislation to "open banking so Canadians can connect with fintech companies that can provide a better offer for banking services." The Conservative Party of Canada today released its full 160-page election platform — an ambitious agenda that promises billions of dollars in new spending to


The post Conservatives release full platform promising billions of dollars in new pandemic aid and Open Banking first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago
JP Morgan warns CBDC could mean banks lose 20-30% of funding

JP Morgan warns CBDC could mean banks lose 20-30% of funding

Ledger Insights | Aug 6, 2021 JP Morgan strategist Josh Younger has penned a piece warning that central bank digital currencies (CBDC) need to be designed to avoid disintermediating commercial banks, Bloomberg reports. The topic is one of the key challenges in a retail CBDC design and is widely recognized as a risk. YoYounger put a figure


The post JP Morgan warns CBDC could mean banks lose 20-30% of funding first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago
Fintech earnings:  Coinbase and Upstart report over 11-fold revenue growth

Fintech earnings: Coinbase and Upstart report over 11-fold revenue growth

CNBC | Ari Levy | Aug 11, 2021 If you had any lingering doubts about the growth of fintech, take a peek at Tuesday night's earnings reports from two newly-public companies. Cryptocurrency exchange Coinbase reported a 12-fold increase in revenue from a year earlier to $2.23 billion. Not to be outdone, online lender Upstart Holdings


The post Fintech earnings: Coinbase and Upstart report over 11-fold revenue growth first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago
Here’s how much cash retirees really need, according to financial advisors

Here’s how much cash retirees really need, according to financial advisors

With low interest rates and fears of inflation, retirees may worry about how much cash to have handy. Here’s how to figure it out, according to experts.

5 years ago
Jobs are still down 22% for low-wage workers. They’re up for everyone else

Jobs are still down 22% for low-wage workers. They’re up for everyone else

Employment among the lowest-paid workers remains far below its pre-Covid baseline. But mid- and high-wage workers have more than recovered.

5 years ago
$80 million in pre-orders:  $50,000 camper that turns the Tesla Cybertruck into an RV

$80 million in pre-orders: $50,000 camper that turns the Tesla Cybertruck into an RV

Business Insider | Brittany Chang | Aug 15, 2021 Chatter about Tesla's upcoming Cybertruck has subsided since its unveil in late 2019, but that's not stopping designers from imagining its potential uses. This includes Lance King, the CEO of Stream It, a software and artificial intelligence company that's now pivoting to create attachments that can


The post $80 million in pre-orders: $50,000 camper that turns the Tesla Cybertruck into an RV first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago
Settlement in Plaid Fintech Data Case

Settlement in Plaid Fintech Data Case

Proskauer | Jeffrey Neuburger  | Aug 7, 2021 On August 5, 2021, a proposed class action settlement was reached in the closely-watched privacy action against fintech services company Plaid Inc. (“Plaid”).  The settlement features a $58 million settlement fund and certain injunctive relief that would make changes to Plaid’s methods of notice and consumer data


The post Settlement in Plaid Fintech Data Case first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago
Bezos' Blue Origin takes NASA to federal court over award of lunar lander contract to SpaceX

Bezos' Blue Origin takes NASA to federal court over award of lunar lander contract to SpaceX

Jeff Bezos' space company Blue Origin filed a sealed complaint in federal court against NASA on Monday.

5 years ago
Even if you aren’t working, you may be able to open an IRA. Here’s how

Even if you aren’t working, you may be able to open an IRA. Here’s how

If you are married and file taxes jointly, you can open a spousal individual retirement account and have your partner contribute.

5 years ago
Biden administration announces the biggest increase to food stamps ever

Biden administration announces the biggest increase to food stamps ever

Starting in October, food assistance benefits will increase by an average of 25% above pre-pandemic levels.

5 years ago
College costs are rising and many families have no idea just how expensive higher education is

College costs are rising and many families have no idea just how expensive higher education is

High school students and their parents are increasingly concerned about how much college will cost, and yet many are in the dark about the true sticker price.

5 years ago
Op-ed: Small amounts of bitcoin can have a positive impact on your portfolio

Op-ed: Small amounts of bitcoin can have a positive impact on your portfolio

With bitcoin, it's important to remember that many asset classes now commonplace in portfolios were once considered far too volatile for the average investor.

5 years ago
Retailers begin reporting this week, but the delta variant is a big wild card

Retailers begin reporting this week, but the delta variant is a big wild card

Big retailers get their time to shine as they report earnings this week. The question is whether they can maintain momentum through the rest of 2021.

5 years ago
Democratic lawmakers want to expand Medicare. Here are the gaps in coverage and other costs to know

Democratic lawmakers want to expand Medicare. Here are the gaps in coverage and other costs to know

To the surprise of many new Medicare beneficiaries, the program has some holes and is far from free.

5 years ago
New apps match travelers with trips that fit their budgets, interests, rewards points and more

New apps match travelers with trips that fit their budgets, interests, rewards points and more

Travel app Elude is built around a "budget-first" search engine that offers users instant options for flights and accommodations within their price range.

5 years ago