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Lending start-up SoFi closes $500 million funding round, led by Qatar – Fasti News

Social Finance, Inc. (SoFi), a San Francisco, California-based online personal finance platform, as per recent speculative reports, is believed to be closing in on a $500 million investment funding round, which allegedly is being participated by investors including the qatar investment authority (QIA), Qatar’s st.

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Social Finance is believed to be in the final stages of closing a $500 million funding round from investors including the Qatar Investment Authority, reports Jane Connolly.According to Bloomberg, four anonymous sources close to the deal have suggested that the round could close this week, but the details have not yet been finalised.

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.

United States Online lender SoFi has quietly raised $ 500 million in funding, led by Qatar (TechCrunch), rated: aaa. online lending startup Social Finance, better known as SoFi, took another tack this morning, quietly announcing in a press release that it has closed half a billion dollars in a single funding round led by Qatar Investment Authority, a Doha, Qatar-based private equity and.

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.

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.

Home Finance Finance start-up SoFi strikes deal to put its name on new LA stadium for the Rams and Chargers Finance start-up SoFi strikes deal to put its name on new LA stadium for the Rams and Chargers

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 [.]

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