In May 2019, SoFi closed $500 million in a single funding round led by Qatar Investment authority. model. sofi originally utilized an alumni-funded lending model that connected students and recent graduates with alumni and institutional investors via school specific student loan funds.

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.

Investment to Accelerate Product and International expansion san francisco, Calif. – February 24, 2017 – 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 [.]

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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.

The latest round brings the company’s total funding to $1.9 billion, with other investors including SoftBank Group [.] SoFi Moves Closer to Expansion Plans With $500 Million Round Of Funding.

Leading Marketplace Lender SoFi Secures $200 million in Series D Funding Third Point Ventures, Institutional Venture Partners and Others Participate in Financing to Power SoFi’s Growth San Francisco, Calif. – February 3, 2015 – Social Finance, Inc. (SoFi), a leader in marketplace lending, today announces $200 million in Series D funding led by Third Point [.]

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.

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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.

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News links about this funding.. com – Lending start-up SoFi closes $500 million. Lending start-up SoFi closes $500 million funding round, led by Qatar.