Goldman Sachs to cut several hundred jobs; & more!

from Connecting the dots in FinTech... by Marcel van Oost · host Marcel van Oost

Sign up for my Daily Fintech or Daily Digital Banking Newsletters here. Check out my latest podcast episode below: This podcast episode is sponsored by Burgopak. Burgopak delivers award-winning innovative packaging solutions for some of the world's leading companies in Fintech. Discover how tangible physical touchpoints are crucial in digital banking with the Burgopak 'Welcome to the club' book; Request your free copy, contact [email protected] Welcome to your daily FinTech news! In case you missed it, please see below today's most relevant news, or tune in to our Daily Fintech Podcast here. NEWS HIGHLIGHT Goldman Sachs is embarking on its biggest round of job cuts since the start of the pandemic. The Wall Street titan plans to eliminate several hundred roles starting this month. While the total number is less than some previous rounds, the reductions are a resumption of Goldman’s annual culling cycle that it had largely paused during the pandemic. Link here. FINTECH NEWS #Crypto MetaMask allows crypto purchases with Brazilian Reals. MetaMask is the latest global crypto player to integrate with Brazil's Pix payment system, which has 126 million users. In July, MetaMask revealed that Brazil was its second-largest user market after the US. Link here. #FundingRounds StashAway raised an undisclosed amount that includes a strategic investment from Hamilton Lane. VentureCap Insights pegged the amount raised at US$12.6 million. Link here. Bitmama raised $2 million in a pre-seed round. Africa-focused venture capital firms Unicorn Growth Capital and Launch Africa led the investment in Bitmama. Link here

What this episode covers

Sign up for my Daily Fintech or Daily Digital Banking Newsletters here. Check out my latest podcast episode below: This podcast episode is sponsored by Burgopak. Burgopak delivers award-winning innovative packaging solutions for some of the world's leading companies in Fintech. Discover how tangible physical touchpoints are crucial in digital banking with the Burgopak 'Welcome to the club' book; Request your free copy, contact [email protected] Welcome to your daily FinTech news! In case you missed it, please see below today's most relevant news, or tune in to our Daily Fintech Podcast here. NEWS HIGHLIGHT Goldman Sachs is embarking on its biggest round of job cuts since the start of the pandemic. The Wall Street titan plans to eliminate several hundred roles starting this month. While the total number is less than some previous rounds, the reductions are a resumption of Goldman’s annual culling cycle that it had largely paused during the pandemic. Link here. FINTECH NEWS #Crypto MetaMask allows crypto purchases with Brazilian Reals. MetaMask is the latest global crypto player to integrate with Brazil's Pix payment system, which has 126 million users. In July, MetaMask revealed that Brazil was its second-largest user market after the US. Link here. #FundingRounds StashAway raised an undisclosed amount that includes a strategic investment from Hamilton Lane. VentureCap Insights pegged the amount raised at US$12.6 million. Link here. Bitmama raised $2 million in a pre-seed round. Africa-focused venture capital firms Unicorn Growth Capital and Launch Africa led the investment in Bitmama. Link here

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Goldman Sachs to cut several hundred jobs; & more!

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This episode was published on September 14, 2022.

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