Tagged: sofi

SoFi CEO Antony Noto Talks Millennial Stock Investing Habits With CNBC’s Jim Cramer

On Thursday, CEO of fintech unicorn SoFi, Anthony Noto, sat down with CNBC’s Jim Cramer to share his insights on millennial stock investing habits. According to Noto, early investors tend to buy stocks that are less than $10 and they are buying recognizable brands such… Read More

SoFi Announces the Release of Two New Exchange-Traded Funds SoFi Gig Economy ETF (GIGE) and SoFi 50 ETF (SFYF)

Fintech unicorn SoFi announced on Tuesday the launch of its newest exchange-traded funds (ETFs), which are the SoFi Gig Economy ETF (NASDAQ: GIGE) and the SoFi 50 ETF (NYSE: SFYF). According to SoFi, the ETFs will further extend its approach of providing members access to… Read More

SoFi Reportedly Seeks $500 Million From Qatar Investment Authority

Fintech unicorn SoFi is reportedly seeking to raise $500 million from the Qatar Investment Authority. The company, which has a valuation of $4.3 billion, has previously raised $2 billion from investors, which includes Manhattan Venture Partners, RSC Capital, SoftBank, Silver Lake Partners, and DCM Ventures. Founded… Read More

SoFi Forms New Partnerships With Lemonade & Root to Expand Portfolio Of Offerings to Include Homeowners/Renters Insurance

Online lending platform SoFi announced on Monday it has formed two partnerships with insurtechs Lemonade and Root to expand its portfolio of offerings to its members to include homeowners and renters insurance. SoFi reported that the partnerships round out its insurance offerings, giving members access… Read More

SoFi Releases SoFi Select 500 (SFY) and SoFi Next 500 (SFYX) Exchange-Trade Funds

Online lending platform SoFi announced on Thursday the availability of two new exchange-traded funds (ETFs), the SoFi Select 500 ETF (NYSE: SFY) and the SoFi Next 500 ETF (NYSE: SFYX). According to SoFi, both funds have fee waivers in place that lower total fund expenses… Read More

SoFi Announces Launch of Private Student Loans With No Fees

Online lending platform SoFi announced on Monday the launch of its new SoFi Private Student Loans, which is a no fees, competitive rates, flexible payment options, and a mobile-first experience. SoFi reported that its SoFi Private Student Loans offering is built around an easy and transparent… Read More

SoFi Refreshes Home Loans to Make Purchasing Painless & Paperless

Online lending platform SoFi announced on Thursday it has refreshed its mortgage offering as SoFi Home Loans. The lender reported that the offering is complete with a re-engineered process that helps people buy or refinance a home with an online application, no hidden fees, or… Read More

SoFi Set to Launch Cryptocurrency Trading Through Partnership With Coinbase; Now Offering Two New Products SoFi Money & SoFi Invest

Online lending platform SoFi announced on Tuesday it is set to launch cryptocurrency trading through its new partnership with cryptocurrency platform Coinbase. According to CNBC, SoFi is planning to the crypto launch in the second quarter of 2019. While sharing some details about the launch, SoFi CEO… Read More

SoFi Offering Bank Like Services, But it is Still Not a Bank

The definition of traditional banking continues to crumble as SoFi continues to extend invitations to their new bank-like service. Finally, I have received an email saying the wait is over. SoFi, a Fintech that started out as a student loan provider, has since morphed and… Read More

SoFi Forms New Partnership With Kukun to Help Homeowners Understand the Remodeling Cost

On Tuesday, online lending platform SoFi announced it has formed a new partnership with home improvement platform Kukun to offer advanced new tools to help homeowners gain a greater understanding of how much their home improvement project could cost and how it can affect the resale value of… Read More

SoFi Elects Peggy Alford & Magdalena Yeşil to Board of Directors

On Tuesday, SoFi announced the election of Peggy Alford and Magdalena Yeşil to its Board of Directors. According to the online lender, Alford is the Chief Financial Officer and Head of Operations for the Chan Zuckerberg Initiative. Previously she held positions at PayPal as CFO of… Read More

SoFi Launches Bank Like Service: SoFi Money

It is a truism that we need bank like services but we really don’t need banks. The portfolio of services offered by a traditional analog bank sometimes feel cobbled together. Difficult to manage and expensive to use. Current accounts is an excellent example. For some… Read More

Crypto News: Rene van Kesteren Joins Team BlockFi from BOA

What began as an advising board position developed into job opportunity for former BOA Merrill Lynch Managing Director of Equity Markets Rene van Kesteren, who joined BlockFi as its new Chief Risk Officer. BlockFi, based in New York City, serves crypto investors by offering USD loans… Read More

SoFi Becomes More Like a Bank without Becoming a Bank

It is a truism that we need bank like services but we really do not need banks. The financial industry is going through a period of disaggregation where some services are being separated from a traditional, brick and mortar service, to Fintech verticals that may… Read More

Online Lending in Risk On Mode: Unprecedented 21 Months of Non Stop Securitization Issuance

PeerIQ has just published their quarterly marketplace lending securitization tracker. The periodic report gauges activity in the online lending sector providing an interesting barometer of industry sentiment and investor activity. The most recent report stated that PeerIQ has observed an “unprecedented 21 months of non-stop… Read More

Heard at LendIt Fintech 2018

LendIt returned to San Francisco this year as it continues with its annual conference which is one of the largest Fintech focused events in the US. This year’s event is a bit different for several reasons. First of all, more traditional banks showed up in… Read More

SoFi Surpasses 500,000 Members & Appoints Michelle Gill As New CFO

On Monday, new CEO of SoFi, Anthony Noto, announced on Twitter that the online lender has surpassed 500,000 in members. This news comes less than a month after Noto assumed his new role at the online lender’s team. Noto confirmed the exciting membership growth news by… Read More

SoFi Forms Partnership With Korn Ferry to Offer Career Tools to Members

On Friday, online lending platform SoFi announced it has formed a partnership with global organizational consulting firm Korn Ferry to bring access to the KF Advanced career development platform to all of SoFi’s nearly half a million members for free. According to the duo, this… Read More

SoFi Issues Record $2.6 Billion in ABS Notes During the First Quarter of 2018

SoFi announced on Monday it completed $2.6 billion in loan securitizations in the first quarter of 2018, a 35% increase over the prior-year period and its largest-ever quarterly ABS issuance volume. According to SoFi, during the first quarter of 2018, the lender completed a total of… Read More

SoFi Announces Changes to Wealth Portfolios

On Tuesday, online lending platform SoFi announced it was making changes to wealth portfolios. The lender reported that it wants to help users make the smartest investment decisions possible so that they can continue on the path to their goals. It was also reported that each… Read More

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