SoFi has announced the closure of Zenbanx, a digital only bank just acquired at the beginning of 2017 for an undisclosed sum. In a notice posted on the Zenbanx website, the company explained it had decided to close all US bank accounts effective August 31st:… Read More
Read more in: Investment Platforms and Marketplaces, Fintech | Tagged sofi, zenbanx
SoFi has officially filed with the Federal Deposit Insurance Corporation to create a state chartered bank. The filing is not unexpected as SoFi revealed its intent to pursue a banking charter this past May. In early 2017, SoFi acquired Zenbanx, a Delaware-based firm providing multi-currency mobile… Read More
Read more in: Fintech | Tagged arkadi kuhlmann, fdic, sofi, zenbanx
Top Online Lender SoFi Acquires Digital Only Bank Zenbanx SoFi has announced the acquisition of Zenbanx, a Delaware-based Fintech firm providing multi-currency mobile banking services in the U.S. and Canada. SoFi revealed it intends to leverage Zenbanx’s platform and underlying technology to expand its growing suite of… Read More
Read more in: Investment Platforms and Marketplaces, Featured Headlines, Fintech, Global | Tagged arkadi kuhlmann, mike cagney, online lending, sofi, zenbanx
The largest social networking site in China RenRen is at it again and they are investing this time in Sindeo – a mortgage marketplace that seeks to fix the broken mortgage loan system. RenRen has been playing a growing role in funding fintech as they expand… Read More
Read more in: Asia, Global, Investment Platforms and Marketplaces | Tagged arkadi kuhlmann, james liu, nick stamos, renren, sindeo, zenbanx
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