FinTech Futures: Top five stories of the week – 13 January 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
BlackRock
Wall Street heavyweights BlackRock and Goldman Sachs cut jobs
The cuts amount to around 6.5% of the total staff headcount at Goldman and less than 3% at BlackRock.
Indian fintech Pine Labs secures $600m investment
The firm landed an additional $315 million on top of the $285 million raised in May.
BlackRock to buy slice of 10x Future Technologies in £132m funding round
10x has been planning a new fundraise since late last year.
Northern Trust to deploy BlackRock Aladdin in new partnership
Chicago-based corporate bank extends “long-standing relationship” with BlackRock.
Scalable Capital attracts further €25m growth funding
Blackrock has increased its initial investment.
HSBC to offer BlackRock’s Aladdin software to wealthy customers worldwide
BlackRock also announces acquisition of eFront
BlackRock to acquire equity stake in Envestnet
BlackRock gets 4.9% equity stake in a stock transaction totaling $123 million.
Boys from the BlackRock launch investment firm Genuine Impact
London-based company powers up with investment intelligence platform.
Sustainable ETF assets soon to be commonplace among investors
Exchange-traded funds (ETFs) are estimated to be worth $400 billion in the next decade.
Fintech funding round-up: 13 September 2017
Quickly following on from the fintech funding round-up on 11 September, here’s more action in a concise form. Features InfoSum, Neyber, Goldman Sachs, Forward Partners and BlackRock. Data tech start-up InfoSum has added $5 million to its seed funding, taking the total raised to date to $8 million. Joining existing investors Mark Suster (Upfront Ventures) […]
Fintech funding round-up: 21 June 2017
Some people have got deep pockets, because the funding fun never ends. Our latest round-up features Soldo, Atom Bank, British Business Bank, BlackRock and Scalable Capital. Multi-user spending account, Soldo, has reported a Series A funding round of $11 million, led by Accel and includes participation from Connect Ventures, InReach Ventures, U-Start and R204 Partners. […]
MoneyConf 2016: Woe to the slow in wealth management
Speed is of the essence if firms want to capitalise on opportunities in wealth management, was one theme from MoneyConf 2016 in Madrid. More than 1,800 attendees were at the compact and colourful venue, La Nave, for the two-day event. In a panel on “The next generation of wealth management”, Kim Fournais, CEO and co-founder […]
Blackrock testing Symphony’s new financial messaging app
Asset management firm Blackrock is trialling Symphony’s new financial messaging app. The app is being tested by part of Blackrock’s workforce and it is “looking to roll it out more widely in the coming months”. Blackrock is a major name to come onboard and the firm has 13,000 employees. However, Symphony has had success before […]
BATS Chi-X Europe launches European listings business
BATS Chi-X Europe has begun its pan-European listings business with the start of trading in two exchange-traded funds. The firm’s strategy is to focus on ETFs, where it believes it has found an opportunity to cut away at costs.
BlackRock and Euroclear Bank set out to grow European ETF market
Asset management firm BlackRock and Euroclear Bank aim to unlock the potential of the European exchange-traded fund market by making settlement for ETFs cheaper and more efficient.
