Goldman Sachs sells Marcus Invest’s digital investing accounts to Betterment
The deal includes Marcus Invest’s accounts and assets under management.
The deal includes Marcus Invest’s accounts and assets under management.
The $250m expansion builds on an earlier $250m ABS facility secured by the fintech in April 2022.
FinTech Futures takes a look back at some of the biggest mergers and acquisitions of 2023.
Camp previously served as head of global treasury management at Wells Fargo.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Apple has reportedly proposed ending its partnership with Goldman Sachs within the next 12 to 15 months.
The company has secured an additional $250 million in debt financing to support its lending operations.
Goldman Sachs bought the GM credit card business for $2.5 billion in October 2020.
The consortium consists of funds and accounts managed by KKR, Bayview Asset Management and CardWorks.
Ampla connects consumer brands with embedded banking, bill pay, growth capital and corporate card solutions.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Some offers for the Atlanta-based fintech are reportedly topping $800 million.
The move is part of the bank’s continued shift to focus on serving ultra-high-net-worth individuals.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The offering had already accumulated $1 billion in deposits within the first week of going live.
Apple is reportedly exploring a partnership with HDFC Bank in India to roll out a credit card offering.
Christian Channell joins the cloud-native platform following a 25-year career at Goldman Sachs.
Sources tell Bloomberg that the layoffs are currently ongoing as the bank looks to cut costs.
The Washington DC-based lender will use the facility to hand out more loans to international students.
Forbes reports the savings account attracted $400 million in deposits on launch day alone.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
GreenSky was acquired by Goldman in 2021 for $2.24bn to furnish its Marcus banking app.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
FCA found the firm made 220.2m errors.
The Mexican lendtech provides SMEs with credit.
To launch in summer, supported by Goldman Sachs.
Two former employees are prohibited from the banking industry.
Credit cards will be rolled out to employees for testing in next few weeks.
US firm to use money for in-school student lending businesses.
Other investors include Point72 Ventures and Experian Ventures.
US company gets investment from Goldman Sachs.
Automated FX services on the blockchain.
Bank boosts tech capabilities with purchase of one-man operation.
Ayco will provide financial coaching to Google’s US-based employees.
Technology is the crux of managing data…
Veem living the dream with its payments platform plan.
In advanced talks with several firms to sell its three-year-old app.
Well… this story has been updated.
Blockchain technology firm basks in Series B round.
Takes its total funding to $25 million.