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SoFi

FintechNews RoundupUSA
·May. 21, 2020

SoFi Cuts 7% of Staff

SoFi recently conducted a round of quarterly performance reviews and subsequently cut 7% of their staff; just over a month...
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FintechNews RoundupUSA
·May. 8, 2020

Samsung Pay To Partner With SoFi on Debit Card and Money Management

Samsung Pay revealed in a blog post today that it will partner with SoFi to launch a new debit card...
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FintechNews RoundupUSA
·Apr. 27, 2020

SoFi Assisted in PPP Program Through Comparison Site ‘Lantern’

SoFi shared in a press release that they had helped funnel over $75 million in loan applications to lenders for...
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FintechNews Roundup
·Apr. 21, 2020

SoFi Introduces Sofi Invest in Hong Kong

The new expansion into Hong Kong is SoFi’s first foray into international markets; SoFi Invest will allow investors access to...
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News Roundup
·Apr. 7, 2020

SoFi to Acquire Galileo Financial Technologies in $1.2 Billion Deal

This morning, SoFi announced they have agreed to acquire Galileo Financial Technologies for $1.2 billion in cash and stock. It...
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FintechNews RoundupUSA
·May. 12, 2020

Samsung’s Move into Debit Cards Shows Big Tech in Banking is Here to Stay

Apple, Google and now Samsung have all entered into the financial services space in a bid to provide a better...
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covid pandemicInvestingmacroeconomicsneobankroboadvisor
·Apr. 27, 2020

Betterment launches bank accounts into a world that has changed completely

This week, we look at Betterment launching a bank account and payments feature. They are not the first, but they could be the best! Still, it feels like the world has moved on. Barriers to entry around digital finance have collapsed, and shifted industry goal posts. Hundreds of companies are integrating API-based solutions that connect to banking and investment entities. Amazon, Google, and Apple are there already. And let's not forget the incredible pressure from the COVID recession: 20MM+ unemployed, $100 billion decrease in global remittances, 1 in 8 banks being unprofitable. Is it time for incremental improvement, or a sea change?

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FintechNews RoundupUSA
·Apr. 24, 2020

From the LendIt Fintech Vault: SoFi 2.0 With SoFi CEO Anthony Noto

At LendIt Fintech USA 2018, in his first public appearance as the new SoFi CEO, Anthony Noto spoke with Emily...
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FintechNews RoundupUSA
·Apr. 7, 2020

SoFi to Acquire Galileo Financial Technologies in $1.2 Billion Deal

SoFi has announced their plans to acquire Galileo Financial Technologies for $1.2 billion in cash and stock; Galileo allows companies...
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FintechNews RoundupUSA
·Mar. 27, 2020

Online Lenders Face First Real Test

Online lenders are about to face their biggest test and many are trying to balance how they keep up with...
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