There was an article in Bloomberg earlier this week that called into question the performance of a 2015 SoFi securitization....
In episode 254 of the Lend Academy Podcast Peter talks with Clay Wilkes, the CEO and Founder of Galileo Financial...
At LendIt Fintech USA 2018, in his first public appearance as the new SoFi CEO, Anthony Noto spoke with Emily...
SoFi has developed a new marketplace lending fund primarily targeting family offices; a regulatory filing shows the fund as SoFi Prime Income Fund with 33 investors each investing a minimum of $500,000; total fund investment is $105 million; the Fund will focus on investing in SoFi's unsecured student and personal loans. Source
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·Mike Cagney is the Co-Founder and CEO of Figure, a full stack financial services blockchain company with consumer offerings in market or on the way in lending, banking and more. In late-2019, Figure raised $103 million at a $1.2 billion valuation and continues to grow.
Prior to starting Figure, Mike co-founded and ran SoFi, one of the most successful consumer fintech companies ever.
In this conversation, we discuss Figure’s routes to asset origination and capital markets disruption, Figure’s previously unannounced consumer banking and payments offering, lessons learned building and scaling multiple billion dollar companies and more.
With SoFi Money becoming live SoFi now offers a bank account they bill as a hybrid between a savings and...
ValueWalk has analyzed the recent CB Insights report on fintech funding as well as the Forbes 50 report on the...
SoFi was among Super Bowl advertisers with another commercial this year; this year's commercial reflected their expanding services by advertising the firm's support for owning a home, starting a family and seeing the world; with the firm's recent acquisition of online bank, Zenbanx, customers will now be able to use SoFi for a comprehensive suite of banking services, expanding beyond just the firm's core student loan offering. Source
The complaint was filed on Thursday with the story echoing similar stories that have been published in the last few weeks; the lawsuit is one of at least three filed against the company. Source
Buying and selling a home is a process that is full of friction. For some buyers financing is a roadblock due...