BlackRock

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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UK Neobank Monzo Unveils Investment Tools
UK Neobank Monzo Unveils Investment Tools
September 12, 2023  |  Banking

British digital-only bank Monzo has added an investment feature to its offerings. Announced Tuesday (Sept. 12), the bank’s Investments feature lets customers put their money...

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Lightyear Begins Rollout of Business Investment Accounts in UK
Lightyear Begins Rollout of Business Investment Accounts in UK
August 23, 2023  |  SMBs

Lightyear has unveiled small business investment accounts designed specifically for freelancers and sole directors in the United Kingdom. The investment platform aims to cater to...

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Moove Raises $76 Million to Provide Financial Services for Mobile Gig Workers
Moove Raises $76 Million to Provide Financial Services for Mobile Gig Workers
August 10, 2023  |  Gig Economy

Moove has secured $76 million in new funding to expand its financial services platform for mobility gig workers. The new funding consists of $28 million in...

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