Marcus’ impressive Q4 performance shows incumbents can play the fintech game (GS)
|01/22/2019||Posted by BusinessMediaguide.Com under General World News||
In Goldman’s Q4 2018 earnings report, released earlier last week, the firm reported an impressive $35 billion in deposits for its digital-only outlet Marcus, per Crowdfund Insider. Marcus has been available to US consumers since 2016, offering personal loans and online savings accounts.
In the UK, Marcus launched its easy-access savings account — with a market-leading annual interest of 1.5% — in late 2018. Its UK operations already account for $7 billion of total deposits — a read more >>>