Goldman nabs Stripe exec — Buy now, pay later frenzy — Big 4’s web of board connections

• Goldman Sachs has tapped a former Stripe exec to lead its direct-to-consumer business.
• UK-based digital bank Monzo is wrapping up another extension on its most recent fundraising round.
• Bitcoin is in the spotlight once again. We spoke to experts about how to get a job trading and investing digital currency.

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A former Stripe exec was just tapped to help run Goldman Sachs’ Marcus and lead its direct-to-consumer strategy. Read the full memo here.

AP Photo/Richard Drew, File

The shakeup within Goldman Sachs’ consumer division continues with the announcement of a new hire and a promotion.

Swati Bhatia, a former Stripe exec, was nabbed to lead Goldman’s direct-to-consumer business while David Stark, a partner at the bank, will now lead larger partnerships for the consumer bank. We’ve got the full memo of the announcement.

Click here to read the entire story.

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$1.6 billion bank Monzo is finalizing a $68 million funding extension from a new Silicon Valley investor

Monzo

Challenger bank Monzo is close to raising another extension for its June funding round. Read more here.

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More than 100 Deloitte, EY, KPMG, and PwC alums sit on S&P 500 company boards. Here’s our exclusive look at the web of board members that used to work at Big 4 firms.

Reuters

Nearly a dozen S&P 500 board members worked at the same Big Four accounting firm that audits their company. Check out this cool graphic mapping out the various ties. See more here.

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From Klarna’s Super Bowl ad to Affirm’s IPO, here’s a look inside the buy now, pay later frenzy, that’s becoming a staple in online shopping

Klarna

If you watched Klarna’s Super Bowl commercial but are still confused on what buy now, pay later is, we’ve got you covered. Get the full rundown here.

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These are the skills you need to land a job in crypto trading and investing, according to 7 insiders from firms like Grayscale and Galaxy Digital

TD Ameritrade; Galaxy Digital; Genesis Global Capital; Grayscale; Skye Gould/Insider

With Tesla’s recent disclosure about its investment in Bitcoin, cryptocurrency is once again on the rise. We spoke to experts in the field about how to get hired for jobs involving digital currency. Find out more here.

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Odd lots:

Reddit’s CEO said r/WallStreetBets — the forum cheering GameStop’s unlikely rally — demonstrates the power of ‘everyday people’ over institutional investors (BI)

Bitcoin spikes 16% to record high after Tesla says it invested $1.5 billion in the cryptocurrency and will begin accepting it as payment (BI)

Social media sentiment ETF to launch in wake of Reddit rebellion (FT)

Inside the explosion of buy-now, pay-later services like Klarna, as regulators move to legislate a potentially $350 billion industry (BI)

A health insurer backed by Chamath Palihapitiya is in the hot seat after a scathing short-seller report. Here’s how Clover Health responded to 4 of the biggest claims. (BI)

The parents of a 20-year-old who died by suicide after thinking he lost $730,000 on Robinhood are suing the stock-trading app (BI)

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