Goldman acquires Clarity Money, Adam Dell’s personal-finance and budgeting app. Its founder becomes a partner at the firm and GS goes in the app store! who would have imagined this 10 years ago!
Goldman Sachs Group Inc. bought personal-finance app Clarity Money, acquiring a mobile storefront for its growing consumer bank. The deal closed on Friday for Clarity Money, whose backers include Soros Capital and Citigroup Inc.’s venture-capital arm. Adam Dell—brother of Michael Dell, the personal-computer pioneer—founded Clarity Money and will join Goldman as a partner, a title rarely given to outsiders. The...