I'm currently an AN1 at a lower-tier BB and am looking to learn more about the FinTech space.
I recently had the chance to connect with the FIG team at GS, but I'd be curious to get your perspective on how FinTech coverage is split between FIG and TMT. Heard from some sources that the TMT team (especially in SF) has led many of the firm's FinTech mandates, but I'd love to hear how the coverage model works in practice.
| +197 | Americas M&A League Table Q2 Updated | 79 | 2h |
| +142 | New Article: Dramatic Slide as UBS #22 (US) & New Leadership Desperately Needed | 38 | 22h |
| +131 | Restructuring: Anti-climactic Experience | 34 | 1d |
| +101 | IB Net Worth / Savings Check | 47 | 10h |
| +91 | Woman who emptied Knicks trashcan on street then stole it was DEI exec, worked at JPMorgan Chase | 24 | 13h |
| +80 | Stop sleeping on UBS - it’s pretty good | 26 | 1h |
| +52 | 2026 VAULT PRESTIGE RANKINGS | 29 | 1d |
| +39 | AI + Financial Modelling | 12 | 23h |
| +28 | Summer before college | 17 | 12h |
| +28 | Hardest interview experiences? | 16 | 21h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Not sure what the FIG team does but SF TMT handled most recent fintech deals / IPOs like the Robinhood IPO, Chime IPO, Affirm IPO, Stripe Series I, Pismo / Visa, Plaid / Visa, Credit Karma / Intuit, Clearwater Analytics / Permira & WP
Nasdaq/Adenza one might have been handled by the FIG team. More broadly, the FIG fintech team does more market infrastructure type of stuff vs TMT which focuses more on software-oriented or payment fintech companies
FIG is doing more traditional verticals within FinTech. For the most part, the more interesting or techy companies (your Stripe, Revolut, Robinhood etc) are covered by the TMT group. That said, FIG fintech still works on some cool situations (Nasdaq-Adenza, Blackrock-Preqin, LSEG-Refinitiv) etc)
Utter bollocks. TMT led Preqin, FIG not involved. And TMT does not cover Revolut, that’s only FIG.
Thanks, which groups does more FinTechy stuff? Heard that TMT group (mostly in SF) is actually covering a lot of the tech-oriented companies (ie those that are less balance sheet heavy) but curious to know what's the breakdown in terms of coverage
bump
Don't go to FIG, worst culture across GS IBD especially their fintech vertical
what makes the culture so bad?
Eum corporis nihil quibusdam autem laborum. Autem laudantium est quisquam sed. Quisquam doloribus recusandae modi velit. Nam ut odio occaecati eum sit consectetur corrupti.
Sed est et consequuntur molestiae et et veritatis pariatur. Ipsum corporis in totam et qui non repudiandae. Officiis eaque maxime odio beatae. Maiores ex debitis ipsa nihil nesciunt neque sit. Voluptatem eius ut similique vitae voluptas possimus quaerat aliquam.
Tenetur reiciendis accusantium explicabo et quasi quasi. Dignissimos consectetur ut quidem molestiae recusandae. Tempora veritatis omnis illo qui reiciendis odio quae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...