Achieving the vision of helping more and more people experience financial well-being isn’t an easy feat, but one company is advancing on its conviction of building upon this purpose by extending its investment, advisory, and risk management biddings.BlackRock, one of the world’s largest asset managers with ~$8.0T in assets under management as of October 2022, has been a big believer in leveraging FinTech propositions to empower more inclusive economies. They have forged a variety of relationships with FinTechs across sectors and geographies over the last decade. A majority of these FinTech relationships are primarily around funding but also extend to partnerships and acquisitions.Having previously covered the FinTech bets of megabanks such as Goldman Sachs and JPMorgan Chase, this time, we turn our focus on the asset management behemoths, starting with BlackRock. 2011- 2019: BlackRock, The Early BirdAccording to the ,Global FinTech Survey 2016, over one-third of the asset managers were receptive to investment opportunities in the FinTech sector, while a staggering 45% needed to prioritise the window of FinTech gold. BlackRock was one of the early movers in taking FinTech bets when it offered a debt facility of $30M to a lending company Oportun in 2011. It extended its focus […]