The personal lending space in the United States, conservatively estimated to be around $3 trillion in 2016, is seeing continued disruption. One of the latest innovative offerings in the lending space comes from a traditional investment bank: Goldman Sachs has looked to expand its presence in the retail banking spaceRead More
Post Tagged with: "Marcus"
Debt happens, guys–that’s the message from Goldman Sachs’s new consumer advertisement for its much-talked about new consumer lending arm, Marcus. It’s also Goldman’s first advertising campaign… ever. Marcus’s goal, like all consumer lending arms, is to provide consumer loans. However, most consumer lending arms are not backed by banks thatRead More
Remember Marcus, the online lending service Goldman Sachs was launching? Well, it’s officially opened… kind of. Applications are accepted so long as you are a client who has received a code by mail offer by the bank, has input the code, and slipped through the golden gates to apply. As we’ve discussedRead More
As reported last week, Goldman Sachs just announced the creation of a new retail lending arm to launch in October, named Marcus after one of its founders. No one is really all that concerned about whether or not Marcus will be able to do its job— it’s Goldman Sachs after all, and has access to soRead More