Citi Ventures has co-led a $25 million funding round for Even Financial, the startup that uses an API to help banks find and connect with consumers via channel partners.
SoFi, a mobile-first personal finance company, announced today it has closed over $500 million in equity financing led by Qatar Investment Authority (QIA), which values the company at $4.3 billion on a pre-money basis.
SoFi today announced the general availability to the public of two new products, SoFi Money and SoFi Invest, that help people save, spend, and invest.
Today Wave announced the appointment of Joanne Bradford to the Wave board as the company continues its aggressive growth into financial services for entrepreneurs.
US online lender SoFi is gearing up to launch a cash management account early next year after inking a payment processing and debit card sponsorship agreement with WSFS Bank.
Our co-founder and CEO Mike Cagney sent the following message to SoFi employees this evening:
US online lender SoFi has applied for a bank charter with the Federal Deposit Insurance Corporation.
Today, SoFi announced the general availability of SoFi Wealth, the first low-cost online wealth management platform to combine an easy-to-use online and mobile interface with unlimited access to live, licensed financial advisors, giving people the guidance they need to understand, define, and then work toward achieving their investing goals.
SoFi, a modern finance company taking an unprecedented approach to lending and wealth management, announced today it has entered into a definitive agreement to raise $500 million in Series F financing led by Silver Lake, the global leader in technology investing.
SoFi is on the verge of closing a $500 million funding round led by private equity firm Silver Lake Partners that would value the online lender at $4.3 billion, according to Bloomberg.
© Finextra Research 2019