Tagged: goldman sachs

From Goldman Sachs to Crypto: CoinFi Founder Believes it is the Dawn of a New Industry

CoinFi, is described as the “world’s first decentralized crypto market intelligence platform” designed to offer research, analysis and trading signals for crypto traders. The goal is to give users an edge when they speculate on the price movement of crypto – a higher that is… Read More

Fake News! Goldman Still Pursuing Bitcoin Product According to Report

Earlier this week, a report circulated by Business Insider indicated that Goldman Sachs had paused its efforts to launch a cryptocurrency trading desk – something Goldman had confirmed it was pursuing earlier this year. Today, according to CNBC, Goldman is still considering its options with… Read More

Report: Goldman Sachs Bails on Cryptocurrency Trading Desk, Bitcoin Drops

A report from earlier today indicates that Goldman Sachs has decided to shelve its plans to launch a cryptocurrency trading desk. At least in the near term, Goldman is holding off on its crypto ambitions, according to Business Insider. The news immediately threw cold water… Read More

Aspiring Online Money Centre bank Marcus by Goldman Sachs Nears UK Launch

Marcus began its existence as a mere online lender seeking to provide consumers with affordable credit all online. But as time moves on, it is becoming more clear that Marcus is being positioned as not just providing loans but becoming the bank of the future:… Read More

Axoni Secures $32 Million Through Series B Funding Round Led By Goldman Sachs & Nyca Partners

Enterprise blockchain technology provider Axoni announced on Tuesday it secured $32 million through its Series B funding round, which was led by Goldman Sachs and Nyca Partners. The funding round included participation from Andreessen Horowitz, Citi, Coatue Management, Digital Currency Group, F-Prime Capital, Franklin Templeton… Read More

Japan Instant Post-Pay Credit Service Paidy Secures $55 Million Through Series C Funding Round

Paidy, Inc., a Japan-based post-pay credit account company, announced on Thursday it secured $55 million through its Series C funding round, which was led by ITOCHU Corporation with participation from Goldman Sachs. The company reported combined with its two previous Series A and B rounds,… Read More

Crescent Crypto Asset Management Launched by Goldman Sachs Alums

Goldman Sachs announced earlier this year the creation of an in-house cryptocurrency trading desk – a first for a top tier bank. A Goldman rep made the comment that it “resonates” when clients want to hold Bitcoin (and they would need to go elsewhere if… Read More

Goldman Sachs CEO: “Bitcoin Not for Me” but Has a Future

The CEO of Goldman Sachs, Lloyd Blankfield, told an audience at the Economic Club of New York recently that he does not side with other powerful bankers who have dismissed Bitcoin; “I’m not in this school of saying… because it’s uncomfortable with me, because it’s… Read More

Goldman Sachs Presentation Foreshadows Digital Banking Aspirations of Marcus

While Goldman Sachs’  (NYSE:GS) most prominent foray into Fintech started with online lending, Marcus is poised to become so much more in the digital banking arena. As previously reported, Marcus zoomed into online lending fueled by consumer deposits due to an acquisition from several years… Read More

API Platform Marqeta Raises $45 Million Through Latest Investment Round Led By ICONIQ Capital With Participation From Goldman Sachs

On Tuesday, API platform Marqeta announced it raised $45 million through its latest investment round, which was led by ICONIQ Capital with participation from Goldman Sachs. The funds brought Marqeta’s total funding to $116 million. Founded in 2010, Marqeta states it is on a mission… Read More

Tradeshift Secures $250 Million Through Series E Funding Round Led By Goldman Sachs & Public Sector Pension Investment Board

Business commerce platform Tradeshift announced on Wednesday it secured $250 million through its latest Series E funding round, which was led by Goldman Sachs and Public Sector Pension Investment Board (PSP Investments). The company reported that the additional participation comes from HSBC, H14, GP Bullhound, and… Read More

Report: Goldman Sachs to Enter Online Lending Industry in UK & Germany as Marcus Expands

Marcus, a fast emerging digital only challenger bank, is poised to enter the UK market and then cross the channel to set up operations in Germany. This is according to multiple reports as the erstwhile online lender leverages its successful US tech in other markets…. Read More

Report: Apple & Goldman Sachs to Hook Up on Branded Credit Card

An article in WSJ is reporting that Apple (NASDAQ:AAPL) has decided to partner up with Goldman Sachs (NYSE:GS) on a new joint credit card. Expected to launch early next year, the initiative is described as “a move that would deepen the technology giant’s push into… Read More

No Surprise. Goldman Sachs Goes Public About Cryptocurrency Trading Desk

As has been widely rumored, Goldman Sachs finally has outed itself regarding its cryptocurrency ambitions of launching a digital assets trading desk. NYT spoke to Goldman Sachs executive Rana Yared, who is helping set up the operations, who said that Bitcoin is not a fraud… Read More

Innovation Cred: Goldman Sachs Hires Cryptocurrency Trader in Move to Satisfy Client Demand

Goldman Sachs is not just embracing Fintech change in digital banking with leading online lender Marcus but the global investment bank is adding names to its long rumored cryptocurrency trading desk. Meanwhile, other big banks continue to stare and wonder why. Tearsheet has reported that… Read More

Goldman Sachs Has Big Plans for Marcus and the Future of Retail Banking

Goldman Sachs CEO Lloyd Blankfein told CNBC today they have not “lost their minds” by moving into the highly competitive consumer banking business with Marcus. Blankfein explained that the consumer business has moved to them because the digital world can allow them to scale. “If… Read More

Everyone is Going to Do it: Barclays is Looking at Launching Cryptocurrency Trading Desk

A report yesterday stated that Barclays bank is considering launching a cryptocurrency trading desk. Barclays is not alone in considering this new line of business as it has been widely reported that Goldman Sachs is looking at doing the same. Other banks are expected to… Read More

Adam Dell’s Clarity Money is Acquired by Goldman Sachs to be Integrated with Digital Bank Marcus

Goldman Sachs Bank USA has acquired Clarity Money a Fintech founded by CEO Adam Dell. Clarity Money is an app based service that helps consumers better manage their personal finances with machine learning and intuitive design to provide actionable insights. The robo-advisor claims over one million… Read More

Goldman Sachs VP Latest Defector to Crypto

Press tracking events in crypto have been reporting on talent migrating from traditional tech and finance into blockchain and crypto for some time now. The latest news concerns an announcement that Richard Kim, formerly VP London at Goldman Sachs, is now CEO at Mike Novogratz’s new… Read More

Disrupting Goldman Sachs: Polymath Wants to Create a New Investment Banking Paradigm with Initial Coin Offerings

Investment banking is a highly profitable business. Goldman Sachs, perhaps the most prominent investment bank in the world, raked in $32 billion during fiscal 2017 with the majority of this revenue driven specifically by investment banking. Yet arguably, much of the value that is provided… Read More

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