WSJ News Exclusive | Goldman Sachs, Eager to Grow Cards Business, Courted Credit-Card Technology Firms

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Goldman Sachs executives expressed interest in buying a fintech that could help it win more credit-card programs

Bank executives expressed interest in buying a fintech that could help it win more credit card programs

The headquarters of Goldman Sachs, which has been trying to round out its investment-banking and trading units in part by growing its cards business.Nov. 8, 2022 11:49 am ET Goldman Sachs Group Inc. has expressed interest in buying a payments-technology firm to further build out its credit-card capabilities, according to people familiar with the matter.

Goldman executives had discussed acquiring Deserve, a fintech credit-card platform that the bank already has close ties to, according to people familiar with the matter. Executives also sounded out another fintech credit-card platform called Cardless and a payments company called CoreCard Corp. , the people said.

 

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