Banking

London-based Novus is building a next-generation digital banking app to serve the conscious consumer.

Marcus by Goldman Sachs will leverage Marqeta’s modern card issuing platform to launch digital checking accounts for Marcus users, set to be available later this year.

Amid the worldwide crisis and lockdowns created by the COVID-19 pandemic, leading digital banks seized an opportunity.

A short-term, small-dollar, no-interest installment loan program, Balance Assist lets customers borrow up to $500 for a flat fee of $5.