Tag: SoFi

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

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

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

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 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

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

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

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