BlackRock

FintechOS Raises $60 Million to Expand Financial Product Management Platform
FintechOS Raises $60 Million to Expand Financial Product Management Platform
May 31, 2024  |  Investments

FintechOS has raised $60 million in a Series B+ investment round to accelerate the global expansion of its financial product management platform. The company’s platform...

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BlackRock Intros Paycheck-Style Retirement Offering
BlackRock Intros Paycheck-Style Retirement Offering
April 25, 2024  |  Consumer Finance

BlackRock has debuted a savings product designed to give retirees a guaranteed, paycheck-style income. The asset management giant on Thursday (April 25) announced its LifePath Paycheck solution, which...

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BlackRock and Jio Team to Offer Wealth Management in India
BlackRock and Jio Team to Offer Wealth Management in India
April 15, 2024  |  Partnerships

India’s Jio Financial Services has launched a joint venture with BlackRock. The collaboration will establish a wealth management and brokering business in India, and comes less than...

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Pagaya Secures $280 Million Credit Facility for AI-Driven Consumer Finance Products
Pagaya Secures $280 Million Credit Facility for AI-Driven Consumer Finance Products
February 07, 2024  |  artificial intelligence

Pagaya Technologies has secured a credit facility worth $280 million from top global asset managers and financial institutions. This facility, consisting of a $255 million term...

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Amazon, Citigroup, Xerox, Google and BlackRock See Layoffs in Efficiency Push
Amazon, Citigroup, Xerox, Google and BlackRock See Layoffs in Efficiency Push
January 12, 2024  |  Economy

In the first two weeks of the new year, several prominent companies, including Amazon, Citigroup, Xerox, Google and BlackRock, have announced plans to cut jobs,...

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Bitcoin Surges to 17-Month High Before Retreating
Bitcoin Surges to 17-Month High Before Retreating
November 01, 2023  |  Bitcoin

Bitcoin experienced a brief surge to a fresh 17-month high Wednesday (Nov. 1) before retreating from the $35,000 mark.  The cryptocurrency jumped around 1.5% to...

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Bitcoin Reaches $35,000 Thanks to ETF Anticipation
Bitcoin Reaches $35,000 Thanks to ETF Anticipation
October 24, 2023  |  Bitcoin

Investor optimism about the future of exchange-traded funds (ETFs) has apparently been good for bitcoin. As Bloomberg News reported Tuesday (Oct. 24), the world’s largest cryptocurrency...

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BlackRock CEO Larry Fink Reports Growing Worldwide Demand for Crypto
BlackRock CEO Larry Fink Reports Growing Worldwide Demand for Crypto
October 17, 2023  |  Cryptocurrency

Larry Fink, the CEO of asset manager BlackRock, reported the increasing demand for cryptocurrencies among its global clientele. Fink’s comments on Fox Business come amid...

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JPMorgan Announces First Client Trade on Tokenized Network
JPMorgan Announces First Client Trade on Tokenized Network
October 11, 2023  |  Blockchain

J.P. Morgan Chase says it has marked a milestone with its tokenized collateral network (TCN). The banking giant announced Wednesday (Oct. 10) that the network had...

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