News Topic: SoFi

As upstart companies mature, they face pressure to develop deeper relationships with their customers. That is leading some to offer to a wider range of products, including deposit accounts. ... Read full article

Gill, who spent 14 years at Goldman, will fill a role that has been vacant since last summer at SoFi. ... Read full article

Social Finance said it will start offering deposit accounts and debit cards to some customers next month. It's the first major new product rollout under Chief Executive Officer Anthony Noto. ... Read full article

In an interview during his first day on the job, Anthony Noto also spoke about improving the firm's culture and the prospects for an IPO. ... Read full article

The Super Bowl reminds that firms often have one shot to make a good impression with their advertising. Here are some of the best and worst ads from financial companies. ... Read full article

Social Finance set an internal goal of lending more money in 2017 than it had in the previous five years combined. It was an aggressive target and one that counted on everything going exactly right. ... Read full article

Social Finance has acquired the engineering and product teams of mortgage startup Clara Lending, bolstering the financial technology company's offerings beyond student-loan refinancing, according to people familiar with the matter. ... Read full article

Executives point out while they are fixing the online lender's very public problems, loan originations are still in the billions and it has expanded into wealth management. ... Read full article

Stepping in after co-founder Mike Cagney's resignation, Anthony Noto needs to overhaul the firm's corporate culture, lay the groundwork for an IPO and determine whether to renew SoFi's pursuit of a bank charter. ... Read full article

Twitter Inc. Chief Operating Officer Anthony Noto has resigned to accept the role of chief executive officer at Social Finance Inc., according to both companies. ... Read full article

Anthony Noto may be SoFi’s next CEO; manager is quietly let go following an internal investigation into alleged sexual misconduct. ... Read full article

It was a bad year for the CEO of Equifax, the founder of a high-flying fintech and the regulatory agency bankers love to hate. ... Read full article

Introducing limits on federally guaranteed loans to graduate students, instead of letting them borrow whatever schools charge, would create a multibillion-dollar opportunity for private lenders. ... Read full article

The British banking giant has been testing its new online lending platform with a handful of its U.S. customers and plans to roll it out in full force next year. It's all part of a broader effort to expand its U.S. consumer business beyond credit ... Read full article

The Cleveland Fed's conclusion that U.S. consumers are typically worse off after getting online loans encountered strong pushback from their advocates. ... Read full article

Company’s first earnings report since the data breach also discloses lots of suits and investigations; Senate bill also calls for one-year delay in corporate tax rate cut to 20%. ... Read full article

Acting Comptroller of the Currency Keith Noreika called for reopening the debate over the barrier between banking and commerce, saying there is evidence removing it could benefit small banks. ... Read full article

Bank fires four forex traders, while the OCC slams its auto lending practices; United wants to renegotiate its co-branded credit card agreement with JPM. ... Read full article