SoFi

SoFi reportedly in talks with Qatar for $500 million in funding

04/29/19

Expected to close this week, the deal would value the company at an amount similar to the $4.3 billion valuation of its 2017 funding round.

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Can blockchain cut down closing costs?

04/26/19

Provenance Blockchain, recently spun off from Mike Cagney's Figure Technologies, says it can help lenders trim 70% of mortgage settlement expenses through speedier processing and paperwork reduction.

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SoFi reboots its mortgage business with new name, updated processes

03/29/19

The digital lender rebranded its mortgage business as SoFi Home Loans about four months after it took a step back from real estate finance to redesign its processes.

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What's driving these fintech companies' deposit grab?

02/28/19

Aspiration, Wealthfront and SoFi have all begun offering high-yield savings accounts during the past few weeks.

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Ex-SoFi CEO's new blockchain startup is getting into banking

02/27/19

Mike Cagney, the former embattled chief executive of Social Finance, has a new startup that plans to announce a $65 million funding round on Wednesday, bolstering the lending company's expansion into other financial services, including wealth management.

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GM joins Spring Labs' ID verification blockchain

02/12/19

The automaker's finance arm joins Avant, OnDeck Capital and SoFi in the system, which is designed to help verify loan applicants' identities.

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Is customer information safer with a blockchain database?

01/24/19

Spring Labs is spearheading a group of prominent fintech lenders to use a blockchain-based, peer-to-peer network to share consumer information to help with ID verification on loan applications.

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Fintechs look to fill void in private student lending left by banks

12/06/18

Many banks remain wary of student loans given the government's dominance in the market, but some fintechs see untapped potential.

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SoFi is said to cut 7% of staff, revamp ailing mortgage unit

12/03/18

Social Finance, the lending and refinancing startup valued at more than $4 billion, is cutting about 7% of its staff, according to a person familiar with the matter.

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Prosper branches out, shifts strategy as it launches second product

11/14/18

The online lender will roll out its first new product in 12 years, a home equity line of credit. But it's taking a different approach than with its original offering.

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