In the News

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SoFi Raises $500 Million Led by Silver Lake for Global Expansion
Bloomberg - February 24, 2017

Social Finance Inc. said it raised $500 million in a financing round led by private equity firm Silver Lake Partners. ... More

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Student Loan Startup SoFi Just Raised $500 Million As it Expands Into Deposits, Asset Lending
Fortune - February 24, 2017

Cagney says the round was “opportunistic.” SoFi will use the money to speed up its expansion from student loan consolidation ... More

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A US online lender keeps its millennial customers by helping them find jobs (and friends and life partners)
Quartz - February 13, 2017

Mathews, 31, and the counselor provided by SoFi, a US online finance company, spoke at least ... More

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Young Americans Would Rather Disclose Their STDs Than Their Debts
Bloomberg - February 7, 2017

It seems 39 percent of millennials would rather disclose a preexisting sexually transmitted disease to a potential partner than reveal ... More

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Four Advertisers Bet on Super Bowl Overtime and Won Big
Wall Street Journal - February 6, 2017

Super Bowl MVP Tom Brady and the Fox broadcast network weren’t the only big winners Sunday night. The online lender ... More

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SoFi Buys Mobile-Banking Startup Zenbanx for About $100 Million
Bloomberg - February 1, 2017

SoFi is paying about $100 million in stock for Zenbanx’s technology, according to a person familiar with the agreement, ... More

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SoFi to Acquire Zenbanx, Allowing It to Be More Like a Bank
New York Times - February 1, 2017

SoFi, or Social Finance as it is officially known, announced Tuesday that it was acquiring a company, ... More

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Online Lender SoFi Buys Digital-Banking Startup
Wall Street Journal - February 1, 2017

Social Finance Inc. is acquiring a digital-banking startup as the online lender seeks to accelerate its expansion into more pockets ... More

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The 20 American law school programs that lead graduates to the highest salaries
Business Insider - January 26, 2017

For its new report exploring the value of a law school degree, online lender SoFi culled data from 60, ... More

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Press Releases

March 15, 2017

Mike Bingle, Steven Freiberg and Robert L. Joss AC Elected to SoFi’s Board of Directors

SoFi, a modern finance company taking an unprecedented approach to lending, wealth management, and insurance, announced today the election of Mike Bingle, Steven Freiberg, and Robert L. Joss AC to its Board of Directors ... More

February 24, 2017

SoFi Announces $500 Million Strategic Growth Investment Led by Silver Lake

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 ... More

February 8, 2017

Promontory Interfinancial Network Clears a Path for Community Banks to Purchase SoFi Loans

Promontory Interfinancial Network, LLC and Social Finance, Inc. (SoFi) today announced a new program to enable community banks to purchase super-prime student loans originated by SoFi. The program will help community banks gain access to SoFi’s high quality ... More

February 1, 2017

SoFi acquires Zenbanx to supercharge banking product development

SoFi announced today it has acquired Zenbanx, a Delaware-based fintech firm providing multi-currency mobile banking services in the United States and Canada. The company intends to leverage Zenbanx’s platform and underlying technology to expand SoFi’s growing suite of online ... More

November 14, 2016

SoFi and Protective make term life insurance dramatically easier for Millennials

SoFi and Protective together announced a new term life insurance offering that provides up to $1 million in coverage through an easy, online application with competitive pricing and no medical exam for a majority of people under 40 – ... More

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