SoFi

Thomvest Ventures Announces New $250M Fund and Promotes Two to Leadership Team

Retrieved on: 
Tuesday, January 16, 2024
Cisco, SoFi, Bolster, SAN, Trust, AI, Investment, VMware, CXO, Harness, LendingClub, ThousandEyes, AUM

SAN FRANCISCO, Jan. 16, 2024 /PRNewswire/ -- Thomvest Ventures, a venture capital firm founded by Peter Thomson, today announced a new $250 million fund and the promotion of Umesh Padval and Nima Wedlake to the role of Managing Director. The new fund brings the firm's total assets under management (AUM) to $750 million, enabling the firm to invest in the next generation of companies across the firm's core focus areas of financial and real estate technology, cybersecurity, cloud and AI infrastructure.

Key Points: 
  • "I started investing in entrepreneurs because of their potential to help shape our collective future," said Peter Thomson, founder of Thomvest Ventures.
  • And given the once-in-a-generation changes that we see happening now because of AI, that potential is as strong today as ever."
  • Founded more than 25 years ago, Thomvest Ventures has made over 75 investments across early and growth stage startups.
  • "I'm thrilled to be able to leverage our deep understanding of the space to support transformational founders and management teams."

Banking Industry Innovators Kevin Moss and Catherine Gacad Join VALID Systems

Retrieved on: 
Wednesday, January 10, 2024
SAN, Risk, Silicon, Air base, Fraud, Knowledge, Wells Fargo, American Express, IPO, Silicon Valley Bank, SoFi, Cryptocurrency

SAN FRANCISCO, Jan. 10, 2024 /PRNewswire/ -- Banking Innovators Kevin Moss and Catherine Gacad Enhance VALID Systems' Leadership Team, a leading AI risk solutions provider.

Key Points: 
  • SAN FRANCISCO, Jan. 10, 2024 /PRNewswire/ -- Banking Innovators Kevin Moss and Catherine Gacad Enhance VALID Systems' Leadership Team, a leading AI risk solutions provider.
  • We proudly welcome Kevin Moss and Catherine Gacad, former executives at Wells Fargo and SoFi, to its advisory team.
  • Kevin Moss expressed his enthusiasm for joining VALID, stating, "Valid has developed exceptional check and deposit fraud ML models that could benefit numerous banks and fintech companies.
  • VALID Systems CEO John Templer shared his excitement about the new additions, saying, "We are delighted to add two true innovators in the banking industry to our team.

anecdotes Secures $25 Million in Series B Funding to Revolutionize the Enterprise GRC Stack

Retrieved on: 
Tuesday, January 9, 2024
Cloud, Synthetic media, CISO, Shasta Ventures, SoFi, Traction, Policy, Series, Amazon Web Services, DTCP, PALO, Name, Ecosystem, ARR, Anecdote, GRC, TEL, Generative, Risk management, Risk, Snowflake, PagerDuty, Vertex, Motion, Azure

TEL AVIV, Israel and PALO ALTO, Calif., Jan. 9, 2024 /PRNewswire/ -- anecdotes , an innovative leader in enterprise GRC (Governance, Risk and Compliance) technology, today announced that it has closed $25 million in a Series B round of funding, elevating the total capital raised to $55 million.

Key Points: 
  • TEL AVIV, Israel and PALO ALTO, Calif., Jan. 9, 2024 /PRNewswire/ -- anecdotes , an innovative leader in enterprise GRC (Governance, Risk and Compliance) technology, today announced that it has closed $25 million in a Series B round of funding, elevating the total capital raised to $55 million.
  • Notably, Vertex and DTCP have joined as new investors, underscoring their belief in anecdotes' unique enterprise offering and the motion of global expansion.
  • "At Snowflake, by leveraging anecdotes' compliance technology we unlocked data sets that can now be utilized in our compliance program enhancing efficiency and continuity.
  • The successful closure of the Series B funding will empower anecdotes to introduce new data-driven innovations to the GRC landscape, such as the anecdotes AI Toolkit which provides a comprehensive list of risks, controls and policies to securely integrate Generative AI capabilities.

SoFi Takes Home Three Awards in NerdWallet’s 2024 Best-Of Awards

Retrieved on: 
Monday, January 8, 2024
Software, Personal Finance, Finance, Banking, Professional Services, Technology, Apps, Applications, Fintech, Debt-to-GDP ratio, SoFi, Credit card, NerdWallet, Luigi

Today, SoFi (NASDAQ: SOFI), the digital personal finance company, received three 2024 Best-Of Awards from NerdWallet, Inc., a platform that provides financial guidance to consumers and small and mid-sized businesses (SMBs).

Key Points: 
  • Today, SoFi (NASDAQ: SOFI), the digital personal finance company, received three 2024 Best-Of Awards from NerdWallet, Inc., a platform that provides financial guidance to consumers and small and mid-sized businesses (SMBs).
  • SoFi was recognized by NerdWallet and selected as the Best Checking Account Overall and Best Checking Account for Overdraft Fee Avoidance for SoFi Checking & Savings, as well as Best Personal Loan Overall for SoFi Loans.
  • A team of trusted Nerds—composed of seasoned journalists and subject-matter experts—used a comprehensive scoring formula to objectively evaluate over 1,000 financial products.
  • “Consumers can trust that they’re getting one of the top products on the market to help meet their financial needs.”
    For a full list of NerdWallet’s 2024 Best-Of Awards winners, click here.

SoFi Schedules Conference Call to Discuss Q4 2023 & Full Year 2023 Results

Retrieved on: 
Thursday, January 4, 2024
Software, Personal Finance, Finance, Banking, Data Management, Professional Services, Technology, Fintech, SoFi

SoFi Technologies, Inc. (NASDAQ: SOFI), the digital personal finance company, today announced plans to host a conference call to discuss financial and operating results for the fourth quarter and full year of 2023 on Monday, January 29, 2024, at 8 a.m. Eastern Time.

Key Points: 
  • SoFi Technologies, Inc. (NASDAQ: SOFI), the digital personal finance company, today announced plans to host a conference call to discuss financial and operating results for the fourth quarter and full year of 2023 on Monday, January 29, 2024, at 8 a.m. Eastern Time.
  • SoFi also plans to release its fourth quarter and fiscal year 2023 results on the investor relations section of its website at https://investors.sofi.com at approximately 7 a.m. Eastern Time on Monday, January 29, 2024.
  • Full session details for the conference appearance are as follows:
    To pre-register for this call, please go to the following link (you will then receive your personal dial-in access details via email):

Hologram Sciences to Showcase Innovation in Nutrition Tech and Generative AI at the 42nd Annual J.P. Morgan Healthcare Conference

Retrieved on: 
Thursday, December 21, 2023
Technology, Research, Fitness & Nutrition, Health Technology, Software, Health, General Health, Science, Artificial Intelligence, Conference, SoFi, AI, AVA

Hologram Sciences , a leader in the field of generative AI and nutrition technology, is set to attend the 42nd Annual J.P. Morgan Healthcare Conference from January 8-11, 2024, in San Francisco, California.

Key Points: 
  • Hologram Sciences , a leader in the field of generative AI and nutrition technology, is set to attend the 42nd Annual J.P. Morgan Healthcare Conference from January 8-11, 2024, in San Francisco, California.
  • Under his guidance, Hologram Sciences is poised to share valuable insights and explore the latest trends in health tech, with a particular focus on generative AI and personalized nutrition.
  • Ian Brady, CEO of Hologram Sciences, said, “The J.P. Morgan Healthcare Conference provides an unmatched opportunity for networking and exchanging ideas within the healthcare industry.
  • For potential investors and industry stakeholders searching for cutting-edge solutions in healthcare, Hologram Sciences represents a beacon of innovation and growth potential.

EasyKnock Appoints New Chief Revenue Officer and Chief Technology Officer

Retrieved on: 
Wednesday, December 13, 2023
Professional Services, Technology, Residential Building & Real Estate, Finance, Software, Construction & Property, Sale, Acquisition, Opendoor, Entrepreneurship, Open Listings, Strategic planning, JetBlue, Y Combinator, SoFi, Housing, Growth, Target, Samsung, Zillow, Cryptocurrency, Management, Balance, Mattel

EasyKnock , the first technology-enabled residential sale-leaseback platform, announces the appointments of former Balance Homes CEO and Co-Founder Judd Schoenholtz as EasyKnock Chief Revenue Officer (CRO), alongside former Balance Homes Co-Founder Aaron LaRue, joining as Chief Technology Officer (CTO).

Key Points: 
  • EasyKnock , the first technology-enabled residential sale-leaseback platform, announces the appointments of former Balance Homes CEO and Co-Founder Judd Schoenholtz as EasyKnock Chief Revenue Officer (CRO), alongside former Balance Homes Co-Founder Aaron LaRue, joining as Chief Technology Officer (CTO).
  • “Judd and Aaron’s respective leadership is key as we continue on EasyKnock’s path to develop the first marketplace in the industry,” said Jarred Kessler, CEO and Founder of EasyKnock.
  • The first step is integrating Balance Homes’ unique co-ownership product and team with the EasyKnock platform.
  • “EasyKnock has a unique opportunity to help many Americans access their home equity to improve their finances, and I am excited to spearhead technological development as Chief Technology Officer and play a part in empowering our customers,” said Aaron LaRue, CTO of EasyKnock.

Marqeta Announces Alan Carlisle As Chief Compliance Officer

Retrieved on: 
Tuesday, December 12, 2023
Payments, Finance, Banking, Professional Services, Technology, Electronic Commerce, Fintech, Digital Cash Management, Digital Assets, CGSS, CRCP, CAMS, CIPP, Risk, Growth, Enterprise, SoFi, CAFP, CCO, Culture

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance capabilities for the world’s innovators, today announced the appointment of Alan Carlisle as its Chief Compliance Officer (CCO).

Key Points: 
  • Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance capabilities for the world’s innovators, today announced the appointment of Alan Carlisle as its Chief Compliance Officer (CCO).
  • Carlisle, previously Enterprise Chief Compliance Officer at SoFi, will be responsible for elevating and expanding Marqeta’s regulatory compliance management system.
  • “Alan excels in designing and implementing risk and compliance controls, and is passionate about creating a culture where compliance is ingrained in the attitudes, values, and behaviors of the organization,” said Crystal Sumner, Chief Legal Officer of Marqeta.
  • “I’m excited to be a part of the Marqeta team and look forward to enhancing an already esteemed compliance program.

Industry Titan Joanne Bradford Joins Wealth.com as Strategic Advisor to Fuel Growth

Retrieved on: 
Monday, November 20, 2023
Software, Internet, Professional Services, Personal Finance, Fintech, Data Management, Apps, Applications, Technology, Asset Management, Legal, Finance, Consulting, Growth, Pinterest, SoFi, Silicon, Acquisition, Woman, Hamburger, PayPal, Management, Honey, Advertising

Wealth.com , the industry’s leading estate planning platform, today announced Joanne Bradford as a strategic advisor.

Key Points: 
  • Wealth.com , the industry’s leading estate planning platform, today announced Joanne Bradford as a strategic advisor.
  • With a diverse background that encompasses leadership roles in Silicon Valley and Los Angeles, Bradford has spent 25 years driving growth in the financial services and technology arenas.
  • “Throughout my career, I have always gravitated toward opportunities that break new ground,” said Bradford.
  • "Today marks an exciting occasion for wealth.com as we proudly welcome Joanne Bradford to our strategic advisory board,” remarked Rafael Loureiro , chief executive officer at wealth.com .

SoFi Invest Launches the SoFi Enhanced Yield ETF to Offer Investors a New Income Source

Retrieved on: 
Thursday, November 16, 2023
Fintech, Asset Management, Professional Services, Finance, Treasury, United States Treasury security, SoFi, NYSE Arca

SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, today announced the launch of the SoFi Enhanced Yield ETF (NYSE Arca: THTA).

Key Points: 
  • SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, today announced the launch of the SoFi Enhanced Yield ETF (NYSE Arca: THTA).
  • THTA provides a simple, liquid way to diversify one's portfolio by introducing what is a fast-growing emerging asset class: options-powered income strategies.
  • The SoFi Enhanced Yield ETF’s options strategy will be actively managed by ZEGA Financial , a leader in options-focused investing.
  • The SoFi Enhanced Yield ETF was designed as a modern, alternative strategy that can cater to investors seeking potentially higher-yielding investment options.