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Marcus
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Marcus

acquisitiondigital lendingenterprise blockchainfinancial advisorsfunding roundmarketing
·May. 20, 2019

Goldman pays $750M for wealth platform United Capital, Jefferies gives blockchain-lender Figure $1B

Two things are on my mind: (1) the acquisition of United Capital by Goldman Sachs, and (2) Mike Cagney's Figure securing a $1 billion funding line from Jefferies and WSFS for blockchain-tracked home equity loans. Both are outcomes of complex, interesting, somewhat unexpected processes -- and both are examples of demand-driven market expansion. Let me highlight that again. Both of these are consumer-centric developments, and not product-driven developments, which goes to the core of the problem in the financial services industry.

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EuropeFintechNews Roundup
·May. 8, 2019

Marcus Reaches UK Milestone with 250K Customers

Marcus by Goldman Sachs just reached a big milestone from their UK based team, in 8 months they have amassed...
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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 all of finance when it comes to new...
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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 high valuations; Goldman Sachs’ Principal Strategic Investments Group...
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EuropeFintechNews Roundup
·Jan. 22, 2019

Goldman Sachs’ Marcus Reports on AUM in the UK

In just three months the digital bank has brought in £5.4 billion of deposits across 100,000 customers; the savings account...
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FintechNews RoundupUSA
·May. 15, 2019

Goldman Sachs Shares Future Vision for Marcus

Marcus is now three years old and the bank has big ambitions for the consumer banking brand; Harit Talwar, Goldman...
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FintechNews RoundupUSA
·Apr. 30, 2019

Goldman CEO Says Technology Transformation Will Take Time

Technology investments at big banks like Goldman Sachs will take time to pay off; CEO David Solomon speaking at the...
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FintechNews RoundupUSA
·Apr. 5, 2019

New JD Power Survey on Personal Loan Satisfaction

The first ever J.D. Power survey on the personal loan market makes for some interesting reading; the survey was based...
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FintechNews RoundupUSA
·Feb. 21, 2019

Apple and Goldman Sachs Partner on Credit Card

Apple and Goldman Sachs have partnered on a new credit card which will include iPhone features to help people manage...
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EuropeFintechNews RoundupUSA
·Jan. 17, 2019

Marcus Brings in $35bn in Deposits in 2018

During their latest earnings call Goldman Sachs revealed their digital bank Marcus brought in more than $35bn in deposits in...
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