Fnality, a blockchain-based wholesale payments firm, said it has raised 77.7 million pounds ($95.09 million) in a second round of funding backed by Goldman Sachs and other blue chip financial firms as it awaits Bank of England approval to start operations, according to Reuters report. UK-based Fnality seeks to bridge the gap between mainstream and…
WhiteSpace Health has announced a $18 million investment from parent company, Omega Healthcare, that is backed by investment funds managed by Goldman Sachs Asset Management (Goldman Sachs) and Everstone Capital, to accelerate the product roadmap of its AI-driven Revenue Intelligence Platform and the expansion of its selling engine. According to Gautam Char, President and CEO…
The Goldman Sachs Group, Inc. has announced that Denis P. Coleman III, co-head of the Global Financing Group, will become the firm’s Chief Financial Officer, effective January 1, 2022. After a distinguished career at Goldman Sachs spanning three decades, including serving for the last three years as Chief Financial Officer, Stephen M. Scherr has decided…
The Goldman Sachs Group, Inc. has announced that Kevin Sneader will join the firm as the co-president of Asia Pacific Ex-Japan alongside Todd Leland. Kevin joins Goldman Sachs after a 32-year career at McKinsey & Company, where he served as the firm’s global managing partner, a role he assumed in 2018. He will relocate back…
The Goldman Sachs Group, Inc. has announced that it has entered into an agreement to acquire NN Investment Partners from NN Group N.V. for approximately €1.6 billion1. The transaction is expected to close by the end of the first quarter of 2022, subject to regulatory and other approvals and conditions. NN Investment Partners employs more…
Visa has announced a global strategic partnership with Goldman Sachs Transaction Banking to help businesses – large to small – move money around the world. The company said in a statement, “Through its implementation of Visa B2B Connect and Visa Direct Payouts solutions, Goldman Sachs will help its commercial and corporate banking clients simplify complexities…
The Board of Directors of The Goldman Sachs Group, Inc. has announced the appointment of Kimberley D. Harris as an independent director of the firm, effective immediately. Ms. Harris will also become a member of each of the firm’s Governance, Compensation and Public Responsibilities Committees. Ms. Harris is an Executive Vice President of Comcast Corporation…
Aragen Life Sciences (Aragen), formerly known as GVK Biosciences and a leading contract research organization (CRO), announced that Goldman Sachs, an active investor in India, has taken a significant minority stake in the company by acquiring shares previously held by ChrysCapital and other existing shareholders. Aragen is a leading provider of outsourced discovery, development, and…
Goldman Sachs Group Inc hired Peeyush Nahar, VP of technology. at Uber Technologies Inc, to lead its consumer banking business, according to Reuters report. Nahar joins as the global head of its consumer business, which includes its online bank, Marcus. Nahar takes over Goldman’s fledgling consumer business at a time of turnover in the division…
Goldman Sachs’ Launch With GS initiative has announced an investment in Ulu Ventures, a Latina-led fund in the US. Launch With GS is Goldman Sachs’ $1 billion investment strategy grounded in its data-driven thesis that diverse teams drive strong returns, according to the company. Ulu is a seed stage venture fund based in Silicon Valley…
American financial services firm – Goldman Sachs has asked its critical staff in Bengaluru to go back to working from home as the city witnessed a rise in coronavirus cases. “This hasn’t come as a surprise given how coronavirus cases have been rising in the city, specifically in the area where the office is located.…
Andy Brown and Moritz Baier-Lentz have joined Zytara’s board of advisors. Andy Brown is the CEO of Sand Hill East, which provides strategic management, investment and marketing services to companies. Mr. Brown served as Group Chief Technology Officer of UBS, an investment bank. Prior to that, Mr. Brown served in a variety of executive management…
Karat, the standard for technical interviewing announced that Goldman Sachs is recognizing Karat co-founder, Mohit Bhende, as one of the 100 Most Intriguing Entrepreneurs of 2020 at its Builders + Innovators Summit. Goldman Sachs selected Mohit as one of 100 entrepreneurs from multiple industries to be honored at the two-day event. As an executive at…
Livspace, an interior design startup that connects people to designers, services and products, announced that it has raised $90 million in funding led by Kharis Capital and Venturi Partners, according to the ETtech report. Peugeot Group’s holding company FFP, Pidilite Group, and Singapore-based EDBI also participated in the funding round, along with existing investors Ingka…
Publicis Sapient, the digital business transformation hub of Publicis Groupe, announced that it has entered into a multi-year collaboration with Goldman Sachs Bank USA, who has recently launched a cutting edge, digital-native cash, and payments services in the marketplace. Commenting on the partnership, David Donovan, EVP, Publicis Sapient Financial Services Lead, America’s said, “Given Publicis…