Goldman cuts personal lending after launching Apple card
Its partnership with Apple has taken some of the momentum away from Marcus.
Its partnership with Apple has taken some of the momentum away from Marcus.
The app was designed to be Goldman Sachs’ eventual main mobile face.
The banks’ balance sheets are under the microscope.
The biggest charges levied by regulators this year, summarised for you.
KPMG says 80% of bank employees don’t know what unstructured data is.
The bank failed to record calls for three weeks.
The start-up sees clear demand for cybersecurity support in North America.
The funds will go to its “Card as a Service” (CaaS) platform.
It includes $83m in a Series C extension and $60m in debt financing.
The fintech has axed 20% of its staff and undergone a business restructure.
Andreessen Horowitz and Vertex Ventures also participated.
It is said to be a rival to Goldman Sachs’ Marcus offering.
The CFTC, SEC and FinCEN point to AML/CFT requirements for digital assets.
Another CAD 10m was raised in a separate round.
One source says that majority of employees let go were in its marketing department.
The companies had “several” event run-ins.
FinTech Futures and KAE, a strategic marketing consultancy firm, have teamed up to bring you short and sweet round-ups of the week’s selected news stories – in a video format. The latest weekly video covers: Apple Card launches AmEx, Citi and Goldman invest in digital mortgage startup Better.com JP Morgan to shut down Chase Pay […]
The insurtech has since raised a more than $100 million to-date.
Major players will be forced into closer collaboration with regulators.
Goldman Sach’s total loan financing capital for MPOWER is $200 million.
The new funding brings the total volume of primary investment to €195 million.
Investors in the first part of the Series E round have not been disclosed.
The new offering is rumoured to rival Monzo and Goldman Sachs’ Marcus.
San Francisco-based Financial Technology Partners (FT Partners), a fintech-focused investment bank, has hired Melissa Wasser as a director and head of private capital markets.
Retailers are claiming victory in the battle, if not the war, regarding proposed legislation that would have repealed interchange reform included in the Dodd-Frank Wall Street Reform and Consumer Protection Act. Full House set to vote on amended Financial CHOICE Act June 9.