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You’ve got money, career, and relationship goals. We’ll help you achieve them

You’ve got money, career, and relationship goals. We’ll help you achieve them

SoFi is a new kind of finance company taking a radical approach to lending and wealth management. From unprecedented products and tools to faster service and open conversations, we’re all about helping our members get ahead and find success. Whether they’re looking to buy a home, save money on student loans, ascend in their careers, or invest in the future, the SoFi community works to empower our members to accomplish the goals they set and achieve financial greatness as a result.

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Latest Stories and News

Samsung Pay to launch debit card, new 'mobile money management platform'

  • Android Central
  • 3 weeks ago
  • While celebrating the five-year anniversary of Samsung Pay, the South Korean tech giant has announced that it will be launching an "innovative debit card" in partnership with San Francisco-based fintech company SoFi this summer.
  • Samsung says the new debit card will be backed by a cash management account, running on your phone.
  • The upcoming offering is aimed at helping users take control of their daily finances, as well as their overall financial lives.
  • Samsung has been working on the "mobile-first money management platform" for a year and believes that it will allow consumers to manage their money more effectively to achieve their financial goals.
Samsung Pay to launch debit card, new 'mobile money management platform'

Wall Street spent years watching the cloud drift by. Then came coronavirus.

  • protocol
  • 1 month ago
  • For many financial services companies the danger of relying on outdated tech infrastructure might become so clear that they accelerate the messy process of modernizing the old but critical applications that move money around the world.
  • The tech powering the finance industry has fared better than that of local and state governments during the crisis, but like those governments, many companies rely far too heavily on mainframes and software designed before the web, let alone the smartphone.
  • For a variety of reasons, from technical to regulatory, financial services firms dragged their heels through much of the last decade as cloud computing matured into a solid foundation for all types of businesses.
Wall Street spent years watching the cloud drift by. Then came coronavirus.

SoFi to acquire payment software company Galileo for $1.2 billion

  • CNBC
  • 1 month ago
  • Personal finance start-up SoFi has agreed to buy payments software company Galileo for $1.2 billion.
  • The cash-and-stock deal will help the companies launch new products, expand internationally and capitalize on consumers’ shift to digital finance, according to the CEOs of both companies.
  • Galileo has been around for a decade longer than its acquirer. The Utah-based software company connects banks to credit card processors through APIs, or application programming interface software.
  • The two companies first started working together early last year when SoFi began using Galileo as its payments processor for SoFi Money.
  • The deal is comprised of $75 million in cash, $250 million in seller financing debt and $875 million in company stock.
SoFi to acquire payment software company Galileo for $1.2 billion
Total raised

$1.7B

Funded over

9 rounds

Latest round

Series E (Sep 2015)