Daily Tearsheet: Goldman and GreenSky on building out the Marcus platform, and Zero Hash on the convergence of DeFi and TradFi


Email a Friend

Daily Tearsheet: Goldman and GreenSky on building out the Marcus platform, and Zero Hash on the convergence of DeFi and TradFi

Tearsheet provides daily summaries of the top news stories and events, like this piece, in a nifty, neat, nicely-packaged daily email. Stay informed. Subscribe here.

Now that Marcus by Goldman Sachs’ acquisition of GreenSky is complete, what’s next for the combined firm?

Goldman Sachs recently announced it had completed its acquisition of GreenSky, a pioneering BNPL lender in the home improvement space.

Tearsheet sat down with Swati Bhatia, Head of Consumer Proprietary Business at Marcus by Goldman Sachs, and David Zalik, Co-Founder & CEO of GreenSky, to talk about the acquisition and the combined firm’s plans going forward.

Read more

‘Every financial firm will become a crypto firm’: Zero Hash co-founder Edward Woodford on the convergence of DeFi and TradFi

When Edward Woodford co-founded Zero Hash back in 2017, the crypto industry was fundamentally different than it is today.

Speaking at Tearsheet’s inaugural Bankchain Conference, he reflected on how the crypto landscape has evolved since then — how DeFi is starting to converge with TradFi, how consumer behavior is changing, and what role firms like Zero Hash are playing to facilitate these shifts.

Read more

Just look at the charts

1. Pros and cons of different B2B payment methods

SourceDavid Jimenez Maireles

2. The pandemic boosted innovation in banks

SourceThe Financial Brand

Today’s stories

DeFi lender Celsius halts withdrawals 
Celsius has paused all customer withdrawals, swaps, and transfers, saying this action is necessary to stabilize liquidity and operations to preserve and protect assets (Decrypt)

American Express launches first crypto product
The Abra Crypto Card, developed in partnership with crypto wealth manager Abra, will transact in US dollars and offer crypto back on any purchase category or amount (Fortune)

JPMorgan aims to bring tokenized assets to DeFi
The firm wants to bring trillions of dollars of tokenized assets to DeFi for trading, borrowing and lending on the scale of institutional assets (CoinDesk)

1000 banks and credit unions go live with Zelle via Fiserv 
Nekoosa Port Edwards State Bank became the 1000th financial institution to use digital payments network Zelle via Fiserv (PYMNTS)

Is LatAm emerging as a global leader in fintech?
Latin America saw a massive bump in the global funding boom in 2021 — with so many people in the region being underbanked or unbanked and digital penetration finally taking off, fintech startups were among the largest recipients of that capital (TechCrunch)

Stay ahead of the game with Outlier — Tearsheet’s exclusive members-only content program and join the leading financial services and fintech innovators reading us every day.

0 comments on “Daily Tearsheet: Goldman and GreenSky on building out the Marcus platform, and Zero Hash on the convergence of DeFi and TradFi”


Daily Tearsheet: Could the US climate bill be the push the system needed? And offering personalized banking in a downturn

Sara Khairi | August 15, 2022

Daily Tearsheet: Jiga and payments in manufacturing, and any company can embed banking products — but that doesn’t mean they should

  • Jiga is doing embedding payments right, which means finding the right contextual moments to add payments to a workflow.
  • And while every company can embed banking into their business, not every business should — those that deeply integrate banking into their product ecosystem instead of tacking on a feature are more likely to differentiate themselves and make it in the long run.
Sara Khairi | August 09, 2022

Daily Tearsheet: The fight against financial discrimination with BetaBank CEO Seke Ballard, and what makes a sustainable business strategy in banking?

Sara Khairi | August 05, 2022

Daily Tearsheet: Community Banks pressured to move away from screen scraping, Lili is making taxes sexy, and FIs and payments in the metaverse?

  • To find out why community banks feel the need to move away from screen scraping and what is slowing them down, we dive into the cases of two community banks, which are critically poised in their journey towards an API-first ecosystem.
  • And Lili’s VP of creative marketing, Matthieu Silberstein, joins us on the Acquire Podcast to talk about the launch of their new campaign and latest product.
Sara Khairi | August 05, 2022

Daily Tearsheet: Extend CEO on running an SMB-focused fintech in a downturn, Plaid adds crypto to its network, and the 2022 DataDay Guide

  • Fintechs like Extend are targeting SMB market, looking to partner with banks and try to change the system from the inside.
  • And Plaid's new crypto functionality allows consumers to connect their crypto wealth to their personal finance applications.
Sara Khairi | August 03, 2022
More Articles