The $200 million offering included post-graduate student loan asset-backed certificates; they were rated single-A by DBRS; this is the first...
Business Insider provides their perspective on SoFi’s $500 million funding round that was announced this week; the personal finance space...
The round was led by Qatar Investment Authority and values the company at $4.3 billion; they plan to invest in...
CNBC has released their 7th annual version of the CNBC Disrupter 50 which consists of startups who have exploited niches...
In news of cross-selling financial products across categories, roboadvisor Wealthfront has gathered a nifty $1 billion of deposit assets for its 2.29% interest-yielding non-bank cash account. Given that the firm has a little over $10 billion in managed investment assets, charges somewhere between 0 and 25 bps on those assets, and took years of wiggly pivoting to get to the current stage, it is fair to consider this influx a big win in terms of client traction. It is also $22 million of annual interest payments. A couple of things come to mind that are worth pulling apart.
The three executives leaving the company include marketing chief Joanne Bradford, head of risk Kevin Moss and capital markets exec...
Fintech firm SoFi is working to acquire the naming rights for the new Los Angeles NFL Stadium worth almost $400mn;...
SoFi CEO Anthony Noto was interviewed by Jim Cramer on CNBC’s Mad Money yesterday where he talked about the investing...
Today, SoFi announced a new index fund focused on the gig economy; GIGE trades on the Nasdaq and is actively...
Bloomberg is reporting that SoFi is in the final stages of closing a $500 million funding round from the Qatar...