SoFi Gets Green Light on US Banking Charter License

Social Finance, popularly known as SoFi, has received preliminary conditional approval from the US Office of the Comptroller of the Currency (OCC) on its application for a national bank charter. With this ap...

SoFi Applies for a US National Banking Charter

SoFi, an online student lender, has filed for a national bank charter with the Office of the Comptroller of the Currency, taking a step towards becoming a bank, Business Insider reported on Thursday. If appr...

SoFi Invest Comes to Hong Kong

American digital lender SoFi is expanding into Asia after buying the parent firm of Hong Kong-based online brokerage 8 Securities, the firm announced today. Financial terms were not disclosed. The acquisitio...

SoFi Buys Galileo in a $1.2 Billion Cash-and-Stock Deal

SoFi, a personal finance platform, announced on Tuesday the acquisition of Galileo, a digital payments company, in a $1.2 billion deal. According to CNBC, the deal involved $875 million in company stocks, $2...

Misfits Gaming Group Partners With Online Lender SoFi

Misfits Gaming Group (MGG) announced that the esports organization has partnered with Sofi, an online personal finance company, spanning Misfits Gaming U.S. As part of the agreement, MGG’s U.S.-based teams,...