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  <p>
  </p>
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    <li>
      <p>
        Betterment, a hybrid robo-advisory platform for retail investors and institutions, has agreed to acquire Marcus Invest's digital investing accounts from Goldman Sachs. The financial details of the acquisition were not disclosed.
      </p>
    </li>
    <li>
      <p>
        Betterment plans to strengthen its position in the digital investing space by transitioning the acquired accounts to its platform, providing customers with automated investing, diversified portfolios, tax-smart tools, and access to human advisors.
      </p>
    </li>
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      <p>
        Betterment currently serves more than 850,000 customers and manages more than USD 45 billion in assets.
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  </ul>
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  <p>
    <a href="https://www.prnewswire.com/news-releases/betterment-to-acquire-digital-investing-accounts-from-goldman-sachs-302123376.html">
      Press release
    </a>
  </p>
</div>


Retail Trading Infrastructure

INCUMBENTS_PRESENT

<div>
 
 <p>Betterment, a hybrid robo-advisory platform for both retail investors and institutions, has struck a deal to acquire digital investing accounts from Goldman Sachs' Marcus Invest. Exact financial terms of the deal remain undisclosed.</p>
 <p>The acquisition aims to boost Betterment's standing in the digital investing landscape, by transferring the purchased accounts to its own platform. This will allow customers to benefit from automated investing, varied portfolio options, efficient tax tools, and availability of human advisor support.</p>
 <p>Currently, Betterment boasts over 850,000 customers and manages in excess of USD 45 billion in assets.</p>
 
</div>

Betterment to acquire digital investment accounts from Marcus Invest

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<div>
 <p>Apple plans to end its partnership with Goldman Sachs over the next 12 to 15 months, which includes its virtual credit card and savings account.</p>
 <p>The partnership was part of Goldman Sachs’ initiative to expand its consumer business and was extended last year through to 2029.</p>
 <p>In April 2023, Apple unveiled a <a href="https://sp-edge.com/updates/17773"> high-yield deposit account </a> offering a better annual percentage yield than Goldman's Marcus online savings and it also launched a <a href="https://sp-edge.com/updates/17372"> buy now pay later </a> service powered by Mastercard Installments and issued by Goldman.</p>
</div> 
Apple plans to end its partnership with Goldman Sachs over the next 12 to 15 months. The partnership, which includes the virtual credit card and savings account, was part of Goldman Sachs' consumer business expansion initiative and was extended until 2029 last year. In April 2023, Apple introduced a high-yield deposit account with a better annual percentage yield compared to Goldman's Marcus online savings. Additionally, Apple launched a buy now pay later service that is powered by Mastercard Installments and issued by Goldman.

Apple to end financial services partnership with Goldman Sachs

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Retail Trading Infrastructure

Betterment to acquire digital investment accounts from Marcus Invest

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