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FintechNews RoundupUSA
·Jan. 31, 2018

Lend Academy Article: Is Marcus Going to Launch a Credit Card?

Goldman Sachs has been busy acquiring companies to boost its consumer facing business; they now have expertise across consumer lending, small business lending and real estate; Lend Academy shares their latest acquisitions, including the acquisition of Final, a credit card startup; it seems as though credit cards was the missing piece and it's possible Goldman Sachs will enter the credit card business. Source

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FintechNews RoundupUSA
·Jan. 30, 2018

Goldman Sachs Acquires Credit Card Startup “Final”

Goldman Sachs continues to show interest in consumer finance; CEO of Final, Aaron Frank announced that the startup would be closing in December 2017 but did not provide further details; a dozen engineers and product managers will be joining Goldman Sachs; Final was founded in 2014 and offered consumers a credit card; users were able to generate virtual cards unique to a merchant. Source

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