Online Lending Company SoFi Raises $500 Million From Qatar’s Sovereign Wealth Fund

SoFi, a San Francisco online lending startup, raised $500 million in new funding led by Silver Lake Partners, with participation from existing investor SoftBank Group, and GPI Capital. The news.

SoFi is no stranger to raising money, as the online lender has raised nearly $2 billion over the last few years. 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 sovereign wealth fund of Qatar.

SoFi is no stranger to raising money, as the online lender has raised nearly $2 billion over the last few years. 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 sovereign wealth fund of Qatar.

Most important charts for online lending;. values the business at around $500 million and has over one million. Singapore’s sovereign wealth fund,

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 sovereign wealth fund.

SoFi, a San Francisco online lending startup, raised $500 million in new funding led by silver lake. silver lake’s limited partners are taking an active role, and some large sovereign wealth fund.

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Social Finance, the online lender that goes by SoFi, was dealt another blow after three top executives said they are gearing up to leave the company. The Wall Street.

2018-02-13  · . With Investment From Singapore’s Sovereign Wealth Fund.. founder of defunct online lending platform MyRichUncle.. $500 million. Threat to: SoFi,

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.

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The growing personal finance company formally. refinancing student loan debt. Led by CEO Anthony Noto, a former NFL.

SoFi, the California based company famous for online lending has bagged $500 million in private equity round led by Qatar-based private equity and sovereign wealth fund qatar Investment Authority. The firm’s post-money valuation now stands at around $4.8 billion which was around $4.3 billion before the arrival of fresh funds.

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