Apex, which already offers clearing and custody services for SoFi, wanted more than $600 million for an acquisition, according to a source. But the two sides couldn’t agree on price and SoFi is now taking a minority stake in the fintech, which is owned by Chicago investment firm Peak6. The investment involves buying out another minority owner, two of the people said. A representative for SoFi declined to comment, while a representative for Apex could not be reached for comment.

https://newsviralzone.com/sofi-was-in-talks-to-acquire-a-fintech-backing-some-of-the-hottest-robo-advisors-as-it-eyes-expansion-beyond-its-lending-roots/