Tuesday, December 1, 2020
Tags SoFi

Tag: SoFi

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. Read more: www.fintechroundup.com

LendingTree launches student loan comparison tool

The comparison tool enables students to compare their student loans to see if they can save money by refinancing. Read more: finovate.com

A community banker’s FinTech ‘Aha’ moment

From SoFi to Venmo, competitors are creating a fast and easy experience that bankers like Julieann Thurlow cannot help but worry. Read more: www.americanbanker.com

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. Read more: www.fintechroundup.com

SoFi looks for $500m to expand lending services

SoFi is nearing an agreement to raise as much as $500m in a new venture capital funding round. That tally is likely to be led by Silver Lake Partner. Read more: www.pymnts.com

Where SoFi-Zenbanx merger falls short

As positive as this partnership is, it won’t solve all of the challenges facing an alternative lender like SoFi to deliver sustainable funding for its loan portfolio. Read more: www.americanbanker.com

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. Read more: www.fintechroundup.com

SoFi targets mortgage lending in Australia

SoFi, is preparing to launch in Australia to offer mortgages in direct competition with the banks. Read more: www.afr.com

Mortgages taking centre stage at online lender SoFi

Social Finance, the online lender that made its name refinancing student loans for high-earning millennials, is doubling down on mortgages. Read more: www.nationalmortgagenews.com

SoFi pushes back IPO plans amid financial tech struggles

The online lending company known as SoFi, which specializes in refinancing student loans, is pushing back plans for an initial public offering in order to focus on developing other business lines. Read more: www.bloomberg.com

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