Goldman Sachs' lending platform is booming (GS)

BI Intelligence This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. Goldman Sachslaunchedits digital consumer lending platform, Marcus, in October 2016, and wasalready displayingrapid growth in June, when it announced it had originated $1 billion in loans in just eight months. At that time, the bank said it expected Marcus to reach $2 billion in originations by the end of 2017. However, Goldman Sachs CFO Marty Chavezannounce...