This shift to a digital-first mindset has pushed several traditional establishments to speculate closely in comparable merchandise. For instance, funding bank Goldman Sachs launched consumer lending platform Marcus in 2016 in an effort to enter the fintech space. For example, monetary firm Affirm seeks to chop bank card corporations out of the online buying course of by providing a method for customers to safe quick, short-term loans for purchases. While rates could be excessive, Affirm claims to offer a means for customers with poor or no credit a approach to secure credit and build their credit score historical past. Fintech …
