SoFi

48 results about this entity

Period: 17 Aug 2015 - 17 Oct 2024

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SoFi confirms $500m Series F funding round

SoFi, a modern finance company taking an unprecedented approach to lending and wealth management, announced today it has entered into a definitive agreement to raise $500 million in Series F financing led by Silver Lake, the global leader in technology investing.

SoFi closes in on $500m funding round - Bloomberg

SoFi closes in on $500m funding round - Bloomberg

SoFi is on the verge of closing a $500 million funding round led by private equity firm Silver Lake Partners that would value the online lender at $4.3 billion, according to Bloomberg.

SoFi moves beyond lending with acquisition of mobile banking startup Zenbanx

SoFi moves beyond lending with acquisition of mobile banking startup Zenbanx

Online lender SoFi is stepping up its efforts to take on America's banks by buying fellow fintech player Zenbanx, enabling it to offer checking accounts, credit cards and international money transfers. Financial terms were not disclosed.

SoFi and protective team on life insurance for millennials

SoFi and Protective together announced a new term life insurance offering that provides up to $1 million in coverage through an easy, online application with competitive pricing and no medical exam for a majority of people under 40 – available today.

SoFi and Fannie Mae strike deal to refinance mortgages to pay down student debt

SoFi and Fannie Mae (FNMA/OTC) today announced a new loan option that enables homeowners to pay down student debt using equity in their homes.

SoFi launches employee benefit programme to reduce student debt

SoFi announced today the creation of SoFi at Work, a benefit program for companies to help their employees reduce their student loan burden and build financial wellness.

Prosper slashes workforce as online lenders feel the heat

Prosper slashes workforce as online lenders feel the heat

Jobs, earnings and funding news out of three of America's biggest alternative lending platforms - Prosper, OnDeck and SoFi - is raising concerns about the market and investors' willingness to fund loans.

SoFi gets Fannie Mae servicer and seller approval

SoFi, a modern finance company taking an unprecedented approach to lending and wealth management, announced today that its wholly owned subsidiary SoFi Lending Corp. has been approved as a seller and servicer with Federal National Mortgage Association (Fannie Mae).

Former DB chief Jain to join SoFi

Former DB chief Jain to join SoFi

Former Deutsche Bank co-chief executive Anshu Jain is joining San Francisco-based online lender SoFi in an advisory role.

Alternative lender SoFi becomes Fico-free zone

Alternative lender SoFi becomes Fico-free zone

US online lending powerhouse SoFi has declared itself a Fico-free zone, ditching traditional credit scores in favour of what it claims are more useful data.

SoftBank leads $1 billion funding round in marketplace lender SoFi

SoftBank leads $1 billion funding round in marketplace lender SoFi

The global fintech bubble continues to gather more air as SoftBank leads a $1 billion funding round in US alternative finance startup SoFi.

Marketplace lender SoFi appoints Joanne Bradford COO

SoFi, the second largest marketplace lender, today announced Joanne Bradford joins the firm as Chief Operating Officer.

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