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.
Marcus by Goldman Sachs just reached a big milestone from their UK based team, in 8 months they have amassed...
Goldman Sachs continues to be one of the most active companies in all of finance when it comes to new...
Fintech companies around the world are receiving huge funding rounds at sky high valuations; Goldman Sachs’ Principal Strategic Investments Group...
In just three months the digital bank has brought in £5.4 billion of deposits across 100,000 customers; the savings account...
Marcus is now three years old and the bank has big ambitions for the consumer banking brand; Harit Talwar, Goldman...
Technology investments at big banks like Goldman Sachs will take time to pay off; CEO David Solomon speaking at the...
The first ever J.D. Power survey on the personal loan market makes for some interesting reading; the survey was based...
Apple and Goldman Sachs have partnered on a new credit card which will include iPhone features to help people manage...
During their latest earnings call Goldman Sachs revealed their digital bank Marcus brought in more than $35bn in deposits in...