Tag: BlackRock

BlackRock selected as strategic partner for AIG

American International Group (AIG) has entered into a strategic partnership with BlackRock whereby the company will manage certain AIG life and retirement assets.

Digital bank Varo Bank closes $510m funding to continue strong growth

Varo Bank, which claims to be the first all-digital nationally chartered bank in the US, has raised $510m in an oversubscribed funding round.

Cybersecurity giant Snyk more than triples valuation as it edges closer...

Cybersecurity giant Snyk has increased its valuation by nearly $4bn in a matter of months, following the close of a $530m Series F.

Deep Instinct bags an additional $67m in an extension to its...

Cybersecurity company Deep Instinct has secured an $67m investment from Chrysalis Investments as an extension to its Series D, which closed on $100m just months ago.

Robinhood goes down amidst GameStop trading chaos

Stock-trading app Robinhood went down for some users during Wednesday amidst the trading chaos surrounding GameStop, according to a Motherboard report.

Unqork increases its valuation to $2bn after the close of its...

This year has seen numerous FinTech unicorns and Unqork has continued this trend following the close of a $207m Series C round that increased its valuation to $2bn.

Klarna becomes Europe’s most valuable FinTech on the back of $650m...

Swedish payments unicorn Klarna can convincingly claim to hold the title of Europe's most valuable privately-owned FinTech company after a $650m funding round pushed...

Brazilian neobank Neon Pagamentos closes $300m Series C

Neon Pagamentos, a Brazilian neobank, has closed its Series C round on $300m as it looks to build new features.

Trumid Financial becomes the next FinTech unicorn

Trumid Financial, which aims to improve credit trading, has become the year’s latest FinTech unicorn, following the close of a $200m round.

Scalable Capital said to reach $460m valuation after new investment

Digital wealth management company Scalable Capital has reportedly raised $58m in a funding round, which values the WealthTech at $460m.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week