Tag: SoFi

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...

The share of later-stage deals globally continues to increase in Q1...

With more successful FinTech companies raising later stage funding the size of deals is increasing.? In 2016 the number of deals above $5m hit...

SoFi backer Silver Lake Partners closes new $15bn fund

Private equity firm Silver Lake Partners has raised $15bn for its fifth tech-focused fund. The fund’s investors are undisclosed.

SoFi scoops up $500m to expand into Canada and Australia

Lending disruptor SoFi has landed $500m in a new haul of funding led by private equity investor Silver Lake. Softbank and GPI Capital also participated in the Series F round.

SoFi buys Zenbanx to launch banking product

SoFi is expanding into banking with the acquisition of mobile-banking startup Zenbanx. The company will pay around $100m for the startup

SoFi launches employees benefits programme SoFi at Work

Social Finance (SoFi) is expanding its offering to include employee benefits and financial wellness programme SoFi at Work.

SoFi settles lawsuit with $2.4m fine

Online lender SoFi (Social Finance) is settling a class-action lawsuit by paying a $2.4m fine.

SoFi looks to raise $500m in new funding

Social Finance (SoFi) is hoping to shake off the recent slump in the online lending space and raise half a billion dollars in a new equity round, according to reports.

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