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Value of Power Corp’s FinTech portfolio drops as Wealthsimple faces second May markdown | BetaKit
https://betakit.com/value-of-power-corps-fintech-portfolio-drops-as-wealthsimple-faces-second-may-markdown/
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Power Corp has written down its valuation of Wealthsimple, in addition to other FinTech investments it holds through two of Portage Ventures’ funds, amid a broader tech stock rout.