Citi Ventures has exited the personal finance management app just over a year after leading its $11m series B round.
Goldman Sachs Bank USA, a subsidiary of investment banking group Goldman Sachs acquired Clarity Money yesterday for a reported $100m, allowing financial services firm Citi to exit.
Although the companies did not reveal the amount paid by Goldman Sachs, Reuters reported last month it would spend more than $100m on the startup, citing two unnamed sources.
Clarity has developed a mobile app with more than 1 million registered users that uses artificial intelligence, machine learning and data science to manage…
