Here are the best financial stories of the day from March 10

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Roblox delayed its public debut when IPOs were hot. It is now set to launch a direct listing in choppy markets.

Roblox CEO David Baszucki


Ian Tuttle/Getty Images


The video game maker is set to go public in a direct listing today, with advice from Goldman Sachs, Morgan Stanley and Bank of America. Its entry into the public markets comes after a series of hurdles and delays, and as


volatility

goes back to technology stocks.

Click here to read the whole story.


M1 Finance just raised a $75m Series D led by Coatue after a scorching 2020. The fintech CEO explains his desire to digitize the private banking experience.

Brian Barnes M1 Finance


M1Finance


After three rounds in nine months, CEO Brian Barnes said M1 is “closer” to being a unicorn. Learn more here.


Assurant has just signed a $1.3 billion deal to sell its funeral arrangements business as the insurer seeks to look into technology-focused coverage

Portrait of Bob Trunzo


CUNA Mutual Group


CUNA Mutual Group has agreed to buy Assurant’s funeral insurance business. The $1.3 billion deal signifies the expansion of a well-known business for CUNA Mutual and marks an increased focus on digital offerings for Assurant. See more here.


A software company that struggled to raise funds last year just raised $4 billion from investors – and it’s a case study in the ‘insatiable’ appetite for risky debt deals

New York Stock Exchange


Lucas Jackson/Reuters


As debt rose for Irish group ION, investors balked at its previous attempts to raise loans. Today, ION is approaching $4 billion in transactions to refinance the debt held by its companies. Get the full recap here.


Latham tech M&A lawyer talks mega-deals, SPAC frenzy and satisfying customers remotely

Bergstrom_Luke_03716_32_SF_MIT


Latham and Watkins


Luke Bergstrom, head of mergers and acquisitions at Latham & Watkin, told Insider how to negotiate one of the biggest deals of 2020 and what’s on the horizon for 2021. Learn more here.


Pipe, a place where businesses can get cash for their subscription revenue, just raised $50 million from high-profile investors like Chamath Palihapitiya and Marc Benioff

Portrait of Harry Hurst


Pipe


Pipe, which helps recurring revenue companies get cash up front, just raised $50 million from high-profile investors. Founder and co-CEO Harry Hurst told Insider how he would use the capital. Learn more here.


BlackRock just held a town hall to roll out its diversity and inclusion strategy after recent complaints. Here are all the details.

Larry Finck


PA


BlackRock presented its diversity and inclusion strategy at a company town hall on Tuesday. The asset manager has been in the spotlight after former employees claimed they faced harassment and discrimination at the company. See more here.


Odd lots:

SPAC pioneers are reaping the rewards after waiting nearly 30 years (WSJ)

SoFi buys community lender to accelerate banking expansion (WSJ)

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