SoFi rises after regulator approves U.S. bank charter
The online lending platform acquired Golden Pacific Bank as a path to getting the full-fledged banking license, the regulator said in a...
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SoFi to give amateur investors early access to IPOs in break from Wall Street tradition
SoFi itself will be an underwriter in these deals, meaning it works with companies to determine a share price, buys securities from the...
Affirm, SoFi herald potential boom in new fintech listings
A confluence of factors have helped to create the current opportunity, which include high multiples for stocks, tailwinds for digital...
Online lender SoFi to go public via SPAC backed by Chamath Palihapitiya
The merger with Palihapitiya’s SPAC, Social Capital Hedosophia Corp V, will value SoFi at $8.65b. SoFi was last valued at $5.7b in...
Online lender SoFi explores deal to go public
The San Francisco based company, which was valued at $4.8b in a private fundraising round last year, has held talks with a number of...
Fintech startup SoFi gets preliminary approval for U.S. bank charter
Social Finance Inc has received preliminary, conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) over its...
Samsung will launch a Samsung Pay debit card this summer
Samsung is partnering with personal finance company SoFi to launch the new card and cash management account. Both products are expected...
Consolidation continues in the fintech industry with SoFi purchasing Galileo
The deal is comprised of $75m in cash, $250m in seller financing debt and $875m in company stock, according to people familiar with...
Social Finance Inc. aims for $500 Million equity funding
San Francisco based online lender Social Finance Inc is looking to to raise $500m in equity, going against current slowing trends in the...
SoFi launches mobile mortgage app
Last year, SoFi moved beyond the student lending space and entered the mortgage market. To complement this move, SoFi launched its...
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