Could Amazon be partnering with Goldman?

February 04, 2020 | Business Lending

Written by FinTech Alliance

Could Amazon be partnering with Goldman?

Reports emerged on Tuesday that Amazon could be looking to partner with Goldman Sachs.

In Brief:

  • The news came out on Tuesday morning from CNBC and the Financial Times.

  • The partnership would involve Goldman Sachs providing loans through the Amazon Marketplace.

  • Goldman Sachs is reportedly working on the technology to integrate systems.

What does this mean?

Goldman has made several technology deals recently including an investment in Trussle. Amazon is already offering loans to its business customers and has been in talks for some time about offering more financial products on the platform.

Read more here.

 

More in Business Lending

Starling lends £90mn Bounce Back Loans in a day
Business Lending
May 14, 2020

Starling lends £90mn Bounce Back Loans in a day

FinTech Starling Bank has lent out £90mn worth of government Bounce Back Loans in just over on...

MarketFinance, Capital on Tap to lend through CBILS
Business Lending
May 14, 2020

MarketFinance, Capital on Tap to lend through CBILS

Four new FinTechs have been approved to issue the government’s Coronavirus Business Interrupti...

UK Government offers support for smaller businesses
Business Lending
April 28, 2020

UK Government offers support for smaller businesses

A 100% government-backed loan scheme has been announces for small businesses impacted by Covid-19....

There are no Knowledge Bank in this category

There are no Events in this category