In the News

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Online lender SoFi has a new $105 million fund for yield-hungry investors
CNBC - April 18, 2017

SoFi, the online lending start-up sporting a lofty $4.3 billion valuation, has just raised a $105 million fund ... More

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How To Build a $100 Billion Company
New Co Shift - March 28, 2017

Mike Cagney, the CEO of financial services startup SoFi, does not lack for confidence. But then again, ... More

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How Facebook and Instagram are quietly changing the appearance of American homes
MarketWatch - March 19, 2017

Homeowners are turning to sites and apps like Pinterest and Instagram (which Facebook FB, +0.02% acquired in 2012) ... More

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SoFi Elects Mike Bingle, Steven Freiberg, & Robert L. Joss to Board of Directors
Crowdfund Insider - March 17, 2017

Online lender SoFi announced on Thursday it has elected Mike Bingle, Steven Freiberg, and Robert L. Joss to ... More

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Forty Under 40: Michael Tannenbaum, SoFi
San Francisco Business Times - March 9, 2017

Tannenbaum came to SoFi in 2014 after cutting his teeth working as an analyst for M&A transactions for J.P. Morgan. ... More

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Online Lenders Turn a Corner
Wall Street Journal - March 2, 2017

Meanwhile, consumer lender Social Finance Inc. closed its long-anticipated $500 million Series F round, led by Silver Lake. ... More

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Mad Money: SoFi CEO: Shaking Up Finance
CNBC - March 1, 2017

Armed with a fresh $500 million infusion, Jim Cramer spoke with the CEO of a private player that is ... More

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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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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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SoFi fact sheet and explainer videos from SoFi team members


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Members share their thoughts on paying off debt and home ownership.


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