Tagged: tom hutton

Go Figure: Mike Cagney Raises $50M Easily, Despite Quitting SoFi Amid Sexual Harassment Allegations

Courtesy ptmoney.com

Mike Cagney, the former SoFi CEO, raises $50M for Figure, his new fintech venture focused on home equity lending, reported Bloomberg. Cagney left Sofi late last year as the platform was upended with legal challenges regarding accusations of allowing a “sexually charged corporate culture that condones… Read More

SoFi Confirms that Twitter COO Anthony Noto to Become New CEO Starting March 1st

SoFi has shared that its Board of Directors has appointed Anthony Noto as Chief Executive Officer and a director, effective March 1. Rumors swirled earlier this week as it was confirmed that Noto, currently Twitter COO, was in discussion with the large Fintech firm to… Read More

Twitter COO Anthony Noto Expected to Move into SoFi CEO Role

Anthony Noto, Chief Operating Officer at Twitter, is expected to move into the CEO spot at Fintech platform SoFi, according to multiple reports. Noto is responsible for Twitter’s  business operations and revenue generating organizations, including global advertising sales, global partnerships, business development, live content, data, revenue… Read More

Insurtech Startup Slice Secures $11.6 Million During Series A Funding Round

On-demand insurance platform Slice Labs, Inc. announced on Thursday it has secured $11.6 million through its Series A investment round, which was led by XL Innovate with participation from Horizons Ventures, Munich Re/HSB Ventures, SOMPO, Plug and Play, and Tusk Ventures. Launched in 2016, Slice… Read More

Mike Cagney Resigns as SoFi CEO Effective Immediately

SoFi CEO Mike Cagney has resigned as CEO, effective immediately. Recently, Cagney had announced he had resigned as Board Chair and would vacate the position of CEO at the end of the year. Allegations in an NYT.com article hammered both SoFi operations and Cagney’s behavior… Read More

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