- Goldman Sachs launched Marcus, an online lending business for customers seeking loans of $30,000 or less, in October 2016.
- The business hit a $2 billion milestone last night, according to CFO Marty Chavez.
Goldman Sachs’ Marcus business just hit a $2 billion milestone.
The US bank launched online lending business Marcus last October, and passed the $1 billion mark this summer. And in a September presentation, the bank said it expected to have lent out $2 billion by year end. But in a presentation on Tuesday, chief financial officer Marty Chavez said the bank hit that milestone last night.
More to follow