Fintech Roundup: Goldman Sachs buys another startup, Fast hits a speed bump and BaaS gets hotter

Brandon McGee

4 years ago

“Fintech M&A hasn’t been as robust as one might expect in recent months. So when Goldman Sachs announced this week it was buying NextCapital – a fintech company that provides automated advice to corporate retirement plan participants – my ears perked up.
In the case of NextCapital, which uses algorithms and automation to allow users to invest in retirement funds, Goldman didn’t say how much it was shelling out. But CNBC reported that ‘the acquisition ranks among the top five asset management deals New York-based Goldman has done, according to the Financial Times.’”