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SoFi Nearing Completion of a $500mn Fundraising Round
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SoFi Nearing Completion of a $500mn Fundraising Round

SoFi Nearing Completion of a $500mn Fundraising Round

Fintech Nexus Staff·
News RoundupOnline LendingUSA
·Feb. 21, 2017·1 min read

Silver Lake Partners is leading the next financing round for SoFi that is expected to add $500 million in new capital for the growing alternative finance company; investors include Japan’s SoftBank Group Corp. and several other Asian investors along with DCM Ventures and Third Point; with the completion of the fundraising, SoFi will be valued at approximately $4.3 billion; recent acquisitions and product introductions have helped the firm expand its offerings from student loan refinancings to personal loans, mortgages, wealth management, life insurance and digital banking.  Source

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