Reddit taps Morgan Stanley, Goldman Sachs for IPO – source

by noreply@blogger.com (Unknown) - January 8, 20220

Reddit app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File PhotoSocial media platform Reddit Inc, whose message boards became the center of the stock trading frenzy in 2021, relies on Wall Street banks Morgan Stanley (MS.N) and Goldman Sachs Group (GS. N) for its

Goldman says $2.2B purchase of BNPL provider GreenSky will help expand Marcus

by Ryan Lawler - September 16, 20210

This morning, Goldman Sachs announced plans to acquire B2B2C lender GreenSky in a deal worth $2.24 billion. The acquisition, which is still subject to regulatory approval and is expected to close in the fourth quarter of 2020 or the first quarter of 2021, is positioned to bolster the firm’s consumer

Tier banks $60 million in debt from Goldman Sachs to expand scooter fleet

by Rebecca Bellan - June 2, 20210

Berlin-based Tier Mobility has raised $60 million to help the e-scooter company expand its fleet and its network of battery charging stations in 2021. The funds, which come from investment banking firm Goldman Sachs, come just weeks after Tier was awarded the London e-scooter pilot permit, alongside Lime and Dott. With

Goldman Sachs leads $202M investment in project44, doubling its valuation to $1.2B in a matter of months

by Mary Ann Azevedo - June 1, 20210

How UK-based Lendable is powering fintechs across emerging markets

The COVID-19 pandemic disrupted a lot in the world, and supply chains are no exception. A number of applications that aim to solve workflow challenges across the supply chain exist. But getting real-time access to information from transportation providers has remained somewhat elusive for shippers and logistics companies alike. Enter Project44. The

Goldman Sachs leads $45M investment into auto fintech startup MotoRefi

by Kirsten Korosec - May 29, 20210

MotoRefi has raised another $45 million in a round led by Goldman Sachs just five months after investors poured $10 million into the fintech startup to help turbocharge its auto refinancing business. The startup developed an auto refinancing platform that handles the entire loan process, including finding the best rates, paying

Goldman Sachs leads $23M in funding for Brazilian e-commerce startup Olist

by Mary Ann Azevedo - April 15, 20210

Olist, a Brazilian e-commerce marketplace integrator, has raised $23 million in a Series D round extension led by new investor Goldman Sachs Asset Management that brings its total Series D financing to $80 million. Existing backer Redpoint Ventures, which first put money in Olist in 2015, also participated in the latest

Goldman backed ventures Jumia and Twiga partner on produce in Kenya

by Jake Bright - April 28, 20200

Pan-African e-commerce company Jumia and B2B agtech startup Twiga Foods are partnering to deliver produce in Kenya using adaptive measures during COVID-19. In 2019, Jumia became the first VC funded tech company in Africa to list on a major exchange, the NYSE. Based in Nairobi, Twiga raised a $30

What we know (and don’t) about Goldman Sachs’ Africa VC investing

by Jake Bright - January 16, 20200

Goldman Sachs is investing in African tech companies. The venerable American investment bank and financial services firm has backed startups from Kenya to Nigeria and taken a significant stake in e-commerce venture Jumia, which listed on the NYSE in 2019. Though Goldman declined to comment on its Africa VC

Goldman Sachs leads $15M investment in Indian fintech startup ZestMoney

by Manish Singh - December 19, 20190

One of America’s largest banks has just poured some money to help millions of Indians without a credit score secure loans and make purchases online for the first time in their lives. Bangalore-based ZestMoney announced today that it has raised $15 million from Goldman Sachs and existing investors Naspers Fintech, Quona Capital,

Goldman Sachs leads $50M round for credit card platform Deserve

by Sarah Perez - November 4, 20190

Deserve, a credit card startup helping young people establish themselves as well as a cloud-based credit card platform for businesses, has raised $50 million in a new round of Series C funding led by Goldman Sachs, the company announced today. Others participating in the round include existing investors Sallie Mae,