Sofi News

Figure Technologies brings its valuation to $3.2 billion with a new round of funding.

The new bank will be subject to heightened scrutiny from the OCC for at least three years.

Financial firm SoFi announced they had signed an agreement to purchase Galileo Financial Technologies for $1.2 billion.

California-based financial firm SoFi has acquired a BitLicense from the New York State Department of Financial Services.

Following a partnership with Coinbase in February 2019, SoFi is introducing zero-fee crypto trading on its SoFi Invest platform.

Founded by the former SoFi CEO, Figure completed a $1 billion “uncommitted” financing facility via blockchain with Jefferies and WSFS.

SoFi CEO Picks Ethereum Over Bitcoin

The FinTech industry has had over 45 venture capital investments, equivalent to US$3 billion in global ventures in 2013.