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News Roundup

This page contains an archive of the Global Newsletter summaries and the weekly fintech news roundups.


Every day the Fintech Nexus news team scours the globe for the most important stories of the day to include in our daily newsletter.


Then every Saturday we bring you our weekly news roundup of the top 10 fintech stories of the week with commentary from Peter Renton.


To join our newsletter community please subscribe here.

FintechNews RoundupUSA
·Apr. 16, 2019

Goldman Sachs Looking at Wealth Management for the Mass Affluent

Goldman Sachs continues to be one of the most active companies in...
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FintechNews RoundupUSA
·Mar. 29, 2019

Goldman Sachs Looks to Invest in Unhyped Fintech Companies

Fintech companies around the world are receiving huge funding rounds at sky...
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FintechNews RoundupUSA
·Sep. 13, 2017

Goldman Sachs Looks to Lending for Growth

Goldman Sachs said that their loan business would contribute almost half of the $5 billion in revenue growth it is projecting by 2020; the company will put $28 billion towards loans in the next three years in order to grow that part of the business; Revenue growth has remained flat since the financial crisis and trading revenues remain stagnant. Source

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FintechNews RoundupUSA
·Feb. 4, 2020

Goldman Sachs May Power Future of Lending at Amazon

Amazon has been in the lending business since 2011; after growing quite...
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FintechNews RoundupUSA
·Mar. 17, 2020

Goldman Sachs Moves to Defer Apple Card and Marcus Payments

Apple Card users will be able to skip March payments without incurring...
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FintechNews RoundupUSA
·Jan. 12, 2018

Goldman Sachs Offering Home Improvement Loans

Goldman Sachs continues to expand into consumer lending and plans to offer home improvement loans this month; the loans are non-secured personal loans with interest rates lower than credit cards but higher than HELOCs; the company believes the quick financing time will be attractive compared to a HELOC. Source

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FintechNews RoundupUSA
·May. 3, 2018

Goldman Sachs Plans to Open Bitcoin Trading Operation

Goldman Sachs has decided to begin a trading operation to trade bitcoin,...
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Asia/PacFintechNews Roundup
·Aug. 10, 2017

Goldman Sachs Releases Rise of China Fintech Series Report

The report, "Payment: The Ecosystem Gateway" is the first one in Goldman Sachs' "The Rise of China FinTech" series; the report focuses on the emergence of new electronic payment methods, as payment is a crucial gateway to most other services, and this is where the innovators have gained the strongest footholds in China. Source (Chinese)

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FintechNews RoundupUSA
·Apr. 19, 2017

Goldman Sachs Reports First Quarter Earnings

Goldman Sachs reported its first quarter earnings on April 18 with few details about its new online lending platform, Marcus; the only mention of the new platform was in the analyst Q&A; the firm said the new platform is evolving slowly and is operating according to plans; the firm reported revenue of $8.03 billion, an increase of 26.7% from the first quarter of 2016; net earnings were $2.26 billion and earnings per share were $5.15; disappointing trading revenue was a point of emphasis for the quarter; investors are interested in more details about Marcus, which has a competitive cost advantage and is reporting potential return on assets of three times the return on assets of the firm as a whole at 3%; as Goldman Sachs progresses further with its retail business expansion, investors will be watching the retail business contribution overall which could help to cover some of its recent shortcomings and give it an edge over its competitors. Source

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FintechNews RoundupUSA
·Jan. 28, 2020

Goldman Sachs Seeks to Prove Consumer Bets Will Pay Off

Goldman Sachs was always seen as one of the smartest shops on...
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