In light of this most recent investment in Even, we collected some of Goldman Sachs’ other bids for a foothold in the surging fintech space to shed light on just how and where the legacy bank has previously attempted to make inroads. Great to see also our portfolio company Trussle being part of this group!
As reported Tuesday this week, fintech startup Even Financial announced raising $18.8 million in Series A seed funding, a portion of which came from investment bank Goldman Sachs (NYSE: GS). Even Financial, whose flagship application program interface (API) collects and curates financial service products and offers for distribution on various bank and brokerage websites and user portals, is the latest in a string of fintech investments, partnerships and acquisitions on the part of Goldman Sachs. The bank itself has been leaning heavily on evolving its own loan origination and financial planning platform Marcus, which it launched just six years ago and has already generated $3 billion in loans and 22 billion in account deposits for the financial behemoth.
https://m.benzinga.com/article/12184902?utm_referrer=https%3A%2F%2Fwww.google.nl%2F