Goldman closes buy of Clarity Money
Goldman Sachs Bank USA said April 15 it has closed its buy of Clarity Money. Financial terms weren’t announced but Buyout reported last month that Goldman is paying $100 million for Clarity, the personal finance app founded by Adam Dell. Clarity uses artificial intelligence, along with data science, to help consumers manage their finances including helping them find a better credit card or cancel wasteful accounts. Goldman is folding Clarity into its Marcus online lender and will be branded Marcus over time. Dell is joining Goldman Sachs as a partner. Clarity has raised about $15 million in funding. Investors include RRE Ventures, Citi Ventures, Bessemer Venture Partners, Soros Capital, Maveron Ventures and SV Angel.
16 April 2018•3 mins read
