The investment banking firm has provided $133m in debt and equity financing for Neyber, which offers loans that are paid back directly through borrowers' salaries.
Investment banking firm Goldman Sachs has provided £100m ($133m) of debt and equity financing for UK-based online consumer lending platform Neyber, the Financial Times reported yesterday.
The capital was secured alongside approximately $20m in debt financing from bankers Gael de Boissard and Henry Ritchotte, and Goldman Sachs will take a board observer position at the company through the deal.
Neyber offers consumer loans that are secured against a borrower’s salary, enabling repayments to be deducted directly from their wages. The…