Goldman to invest more in German fintechs


Frankfurt: Goldman Sachs Group Inc is preparing to invest in more German financial startups at a time when the industry is seeing a record inflow of money as well as a wave of failures.

“Our investing pipeline in Berlin and Germany as a whole is very strong, ” said Rana Yared, a Goldman partner who is also a managing director in the lender’s Principal Strategic Investments group. She declined to name any future targets after the company took stakes in two Berlin-based fintech firms this year.

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