Apple says JPMorgan will issue Apple Card, replacing Goldman, with an expected two-year transition; sources: Goldman is offloading ~$20B in outstanding balances
Goldman Sachs is offloading the credit-card balances at a more than $1 billion discount — JPMorgan Chase has reached a deal …
Goldman Sachs agrees to acquire multi-stage investment firm Industry Ventures, which has $7B in AUM, for $665M in cash and equity plus $300M tied to performance
Saeed Azhar / Reuters :
Sources: JPMorgan Chase is in advanced talks to take over Apple's credit-card program from Goldman Sachs, with Apple telling JPMorgan it is its preferred choice
Discussions between the country's biggest bank and Apple accelerated in recent months — JPMorgan Chase is in advanced talks …
Sources describe a code red at Stripe when its Wells Fargo payments partnership ended and Goldman Sachs decided against the role of facilitating card payments
Michael Roddan / The Information :
Design software company InVision, once valued at $2B, plans to shut down at the end of 2024, after raising $350M+ from Goldman Sachs, Spark Capital, and others
In recent years, creators have made inroads into traditional entertainment through brand partnerships and other collaborations.
Sources: Apple plans to exit its Goldman Sachs contract in 12 to 15 months, ending their consumer partnership, including for credit card and savings accounts
Tech giant proposed exiting contract in about 12-to-15 months — Apple is pulling the plug on its credit-card partnership with Goldman Sachs …
Goldman Sachs offloads major BNPL player GreenSky for an undisclosed sum to a group of money managers, after acquiring the company for $1.7B in 2021
Rob Copeland / New York Times :
Oslo-based online game-based learning service Kahoot plans to go private in an all-cash PE deal, led by Goldman Sachs, valuing the company at $1.7B
Ingrid Lunden / TechCrunch :
Sources: Goldman Sachs is in talks to have American Express take over its Apple ventures, including Apple Card, Apple's “buy now, pay later” offering, and more
AnnaMaria Andriotis / Wall Street Journal :
Sources: Goldman Sachs is in talks to have American Express take over its Apple ventures, including Apple Card, Apple's “buy now, pay later” offering, and more
American Express in talks to take over Goldman's card deal, other ventures with tech giant