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Tag: SoFi

SoFi in Technisys take-over for $1.1bn

SoFi Technologies is buying banking-software maker Technisys for approximately $1.1bn, the latest in a string of deals designed to transform the lender into a one-stop financial shop.

FinTech companies launch Fintech Equality Coalition to fight racial inequality

FinTech leaders have joined forces to launch the Fintech Equality Coalition to actively fight inequality within the industry and society in large.

Qube Money teams up with Galileo Financial Technologies

Banking solutions provider Qube Money has signed a partnership with Galileo Financial Technologies to deliver a banking solution that boosts customers' financial awareness.

SoFi acquires Galileo in $1.2bn deal

Online personal finance company SoFi has acquired financial services API and payments platform Galileo in a deal worth $1.2bn, comprising of cash and stock.

Pioneering FinTech VC house QED Investors hits $350m final close for...

From: AltAssets FinTech venture capital pioneer QED Investors has hit a $350m final close for its oversubscribed sixth flagship fund. “When Frank Rotman and I founded QED...

SoftBank’s CEO Masayoshi Son seemingly fell asleep during a panel at...

Masayoshi Son, CEO of mega-tech investor SoftBank, appeared to be nodding off during a panel during a global investment conference in Saudi Arabia dubbed...

Qatar Investment Authority gives SoFi $4.3bn valuation through hefty funding round

Qatar Investment Authority has led a hefty financing round for mobile-first personal finance company SoFi which values the business at $4.3bn on a pre-money basis.

BlockFi raises $52.5m, just months after picking up $1.5m in funding

Cryptocurrency to dollar lending platform BlockFi has scored $52.5m in funding, just months after it raised $1.5m in a former equity round.

Online lender BlockFi collects $1.5m in funding

BlockFi, which is a digital lender for cryptocurrency holders, has collected $1.55m in funding.

FinTech investment in Q2 2017 grew over 50% compared to the...

The FinTech sector saw nearly $9bn-worth of investment across 374 deals in Q2 2017 as the year funding picked up paceOverall FinTech funding grew...

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