Lending start-up SoFi closes $500 million funding round, led by Qatar – Fasti News

Not satisfied with raising $1.9 billion in a six years, Social Finance Inc., the online lender known as SoFi, is gearing up to raise even more money in venture funding to grow its online lending business. SoFi is looking to support its push to offer more financial services with the additional funds.

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Fintech SoFi, a company that started as an online lender but now provides a portfolio of services, has closed on a $500 million funding round giving the company a valuation of $4.3 billion. The.

The company has been in talks to secure a round of financing led by a new Latin American fund controlled by SoftBank Group, Lending start-up SoFi closes $500 million funding round, led by Qatar Author: Kate Rooney Date: May 29 2019. fintech innovator Crowdz Raises $5.5M in Series A Funding Led by Barclays Bank and Bold Capital Partners.

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The company has been in talks to secure a round of financing led by a new Latin American fund controlled by SoftBank Group, Lending start-up SoFi closes $500 million funding round, led by Qatar Author: Kate Rooney Date: May 29 2019. It may be the first asset-backed security transaction with loans originated on a blockchain platform.

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Anthony Noto, CEO of SoFi Adam Jeffery | CNBC Online lending start-up Social Finance just closed a half-a-billion-dollar funding round, led by Qatar. The company, better known as SoFi, plans to use the $500 million cash injection to invest in more growth and strengthen its now $2.3 billion total balance sheet, SoFi said in a press release.

Online lending start-up Social Finance just closed a half-a-billion-dollar funding round, led by Qatar. The company, better known as SoFi, plans to use the $500 million cash injection to invest in.