SoFi raises $500 million more in funding as Qatar buys in

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Online lender and personal finance company Social Finance Inc. has raised more than $500 million in a funding round led by Qatar’s sovereign-wealth fund, valuing the firm at $4.3 billion before.

 · SoFi, a lending startup with a valuation of $4.3 billion, is reportedly in talks to raise $500 million from the Qatar Investment Authority, according to Bloomberg. Subscribe to the Crunchbase Daily The San Francisco-based fintech company has already raised, as recorded by Crunchbase, a touch over $2 billion from investors including SoftBank, Silver Lake Partners, and Third Point Ventures, among.

SoFi, the personal loan unicorn, raised $500 million in a round led the round by the Qatar Investment Authority, raised $25 million funding Vensana Capital led the round and was joined by.

The online lender announced Wednesday that it raised more than $500 million in equity financing led by Qatar Investment Authority, the sovereign wealth fund of Qatar. Other participants in the funding round include previous investors as well as SoFi CEO Anthony Noto, who joined the company last year.

And now, SoFi is broadening its investor base even more. The online lender announced Wednesday that it raised more than $500 million in equity financing led by Qatar Investment Authority, the.

Social Finance (SoFi), a personal finance company, has raised half a billion dollars in a funding round led by Qatar, according to a report by CNBC. The company said it will use the capital to.

After already raising close to $2 billion over the last couple of years, SoFi has secured another $500 million in funding thanks to qatar investment authority. "According to SoFi, the latest funding values the company at $4.3 billion. The company said that the new funding brings its total capital to $2.3 billion," reported HousingWire.

In a round led by Qatar Investment Authority (QIA), personal finance solution provider SoFi has raised more than $500 million in equity funding. The new capital gives the San Francisco, California-based company a valuation of $4.3 billion, and will drive investment, the company said in its press release, in continued innovation and growth.

As Finovate goes increasingly global, so does our coverage of financial technology. Finovate Global: Fintech News from Around the World is our weekly look at fintech innovation in developing economies.

US long-term mortgage rates fall; 30-year average at 3.82% WASHINGTON (AP) – U.S. long-term mortgage rates fell for the sixth consecutive week, with the key 30-year loan average running below 4% and at its lowest point since September 2017.

Fintech unicorn SoFi is reportedly seeking to raise $500 million from the Qatar Investment Authority. The company, which has a valuation of $4.3 billion, has previously raised $2 billion from.

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