Money Makers Mentor

Goldman Sachs Partners with Marqeta to Build Checking Accounts

Goldman Sachs (GS) has partnered with card issuing startup Marqeta to build the U.S. bank’s Marcus checking accounts scheduled to launch in 2021, the companies announced on Jan. 14.

Goldman is also an investor in the California-based fintech startup.

Goldman Response

“We take pride in providing best-in-class solutions to our customers and are excited to partner with Marqeta on our journey,” said Omer Ismail, global Head of Consumer Business at Goldman Sachs. “Integrating with Marqeta’s platform will allow us to create a personalized, feature-rich banking experience for our checking customers.”

Launched in 2016, Marcus has allowed Goldman to diversify its revenue and funding sources. Marcus offers savings accounts, personal loans, and financial insights to retail customers. The…

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