Marcus Reaches UK Milestone with 250K Customers

Marcus by Goldman Sachs just reached a big milestone from their UK based team, in 8 months they have amassed 250,000 customers and more than £8bn in deposits; UK Managing Director Des McDaid says they success is due to a simple, straight-forward offering, delivered well; since launching in 2016 the company has seen more than $35bn in deposits from the U.S. and the UK combined; the digital bank has plans for more products in 2020 including cash ISAs, joint accounts and term accounts. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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