SoFi | Jotup

SoFi Strengthens Lending Capabilities with $350 Million Personal Loan Securitization Placement with PGIM

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星期二, 五月 21, 2024

Professional Services, Apps, Applications, Technology, Finance, Software, Fintech, Partnership, SoFi, PRU, Prudential Financial, Bank

SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, announced today the Q1 2024 placement of a $350 million personal loan securitization exclusively with funds and accounts managed by PGIM Fixed Income, a Prudential Financial (NYSE: PRU) company.

Key Points:

SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, announced today the Q1 2024 placement of a $350 million personal loan securitization exclusively with funds and accounts managed by PGIM Fixed Income, a Prudential Financial (NYSE: PRU) company.
“We’ve continued to see healthy demand for our personal loan sales, providing us access to new forms of capital as SoFi helps more members get their money right,” said Anthony Noto, CEO of SoFi.
PGIM Fixed Income is proud to be a long-standing partner to this established platform.
Our work together extends nearly 10 years from SoFi’s origins in student loans to today’s multi-channel business,” said Edwin Wilches, Managing Director, PGIM Fixed Income.

SoFi and Templum Partner for Expanded Access to Alternative Assets

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星期二, 五月 14, 2024

Personal Finance, Finance, Professional Services, Asset Management, Fintech, Investment, SoFi, Multimedia, Alternative investment, Cryptocurrency

Templum, Inc. ("Templum"), the operating system for private markets and alternative assetsTM is pleased to announce that the company is working with SoFi , the all-in-one digital personal finance company, to expand everyday investor access to investment opportunities with its recent launch of Alternative Investments .

Key Points:

Templum, Inc. ("Templum"), the operating system for private markets and alternative assetsTM is pleased to announce that the company is working with SoFi , the all-in-one digital personal finance company, to expand everyday investor access to investment opportunities with its recent launch of Alternative Investments .
Together, SoFi and Templum are bringing best-in-class technology and infrastructure capabilities to facilitate access to one of the fastest growing sectors of investments.
“Partnering with SoFi is a great example of how like-minded firms can come together to increase investment access and opportunity,” notes Christopher Pallotta, CEO and founder, Templum.
We are excited to be with SoFi at the forefront of one of the largest transformations in markets today.”

Equifax Names Chad Borton Executive Vice President and President of Workforce Solutions

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星期一, 五月 6, 2024

Public policy, JPMorgan Chase, McKinsey & Company, Harvard Business School, Business economics, Fifth Third Bank, SoFi, MBA, Economics, Growth, Management

ATLANTA, May 6, 2024 /PRNewswire/ -- Equifax® (NYSE: EFX) today announced the appointment of Chad Borton as Executive Vice President and President of Workforce Solutions. Borton, who most recently served as President of SoFi Bank and Executive Vice President of SoFi Lending, succeeds Rudy Ploder, who is retiring from Equifax following 20 years of distinguished leadership.

Key Points:

ATLANTA, May 6, 2024 /PRNewswire/ -- Equifax ® (NYSE: EFX) today announced the appointment of Chad Borton as Executive Vice President and President of Workforce Solutions.
Borton, who most recently served as President of SoFi Bank and Executive Vice President of SoFi Lending, succeeds Rudy Ploder, who is retiring from Equifax following 20 years of distinguished leadership.
"Rudy leaves Workforce Solutions as our largest and fastest growing business – well-positioned for strong, above-market growth and continued New Product Innovation leveraging the Equifax Cloud™," said Mark W. Begor, CEO of Equifax.
Workforce Solutions plays an important part in our long term growth strategy and I am confident in Chad's ability to execute against our EFX2026 strategic priorities."

Figure Technology Solutions Names Michael Tannenbaum as Chief Executive Officer

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星期二, 四月 23, 2024

Banking, Fintech, Professional Services, Finance, SoFi, HELOC, Entrepreneurship, Creativity, Executive, Grace note, Growth, Brex, Management

Figure Technology Solutions (“Figure”), provider of a disruptive and scaled technology platform built to enhance efficiency and transparency in financial services, today announced the appointment of Michael Tannenbaum as Chief Executive Officer and a member of the Board of Directors, effective immediately.

Key Points:

Figure Technology Solutions (“Figure”), provider of a disruptive and scaled technology platform built to enhance efficiency and transparency in financial services, today announced the appointment of Michael Tannenbaum as Chief Executive Officer and a member of the Board of Directors, effective immediately.
In conjunction with the appointment, Mike Cagney, Co-Founder and previous Chief Executive Officer of Figure, has assumed the role of Executive Chairman.
Mr. Tannenbaum is a seasoned finance executive with over 15 years of experience in financial technology and financial services.
Mr. Tannenbaum also served as Chief Financial Officer and Chief Business Officer during his nearly seven years at Brex, and currently serves on the company’s board of directors.

Linqto Surpasses $350M in Investments Across 60+ Companies, Serving Over 750,000 Users Worldwide

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星期四, 四月 18, 2024

Fintech, Professional Services, Finance, SoFi, IPO, NerdWallet, Investment, Initial public offering, Cryptocurrency

Founded in 2020, Linqto now has more than 750,000 users across 110 countries who have invested over $350 million in upwards of 60 companies.

Key Points:

Founded in 2020, Linqto now has more than 750,000 users across 110 countries who have invested over $350 million in upwards of 60 companies.
Linqto exemplifies adaptability in an ever-changing fintech market, ensuring it meets customer needs and facilitates smart investments.
“We are more dedicated and passionate about our mission of lowering access to private market investments than ever before,” said Joe Endoso, CEO, Linqto.
Linqto platform users have also witnessed numerous liquidity events via IPOs or acquisitions from companies including NerdWallet , SoFi , Coinbase and Robinhood .

Vitech Named Top Fintech To Watch in 2024 by CEO Weekly

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星期四, 四月 11, 2024

SoFi, Insurance, Management

NEW YORK, April 11, 2024 /PRNewswire/ -- Vitech , a leading global provider of administration software for group insurance and pension administration systems, has been named one of the top fintech companies to watch in 2024 by CEO Weekly.

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NEW YORK, April 11, 2024 /PRNewswire/ -- Vitech , a leading global provider of administration software for group insurance and pension administration systems, has been named one of the top fintech companies to watch in 2024 by CEO Weekly.
The list of Fintech Companies to Watch featured thirteen of the leading enterprise fintech companies, including Stripe, Plaid, SoFi, and Square.
Vitech's ranking on the list recognized the company's status as the leading pension and insurance benefits administration platform and its roster of global financial clientele.
"We are proud to see our industry leadership recognized by CEO Weekly," said Vitech CEO David Burns.

RC Show 2024 Release New & Innovative Product Showcase

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星期三, 三月 27, 2024

Cooking, LFC, PFAS, Milk, Pineapple, Enercare Centre, Carbon, Wine, Pea, Restaurant, Creativity, Marketing, Automation, Red meat, Ginger, Drink, Miski, Hormone, VKD, Atlas, Freezing, Notch, Woman, Mouth, Safety, Interim, Cholesterol, Sambucus, Breakfast, Food, Rejuvenation, Taste, Bison, Coffee, RC, Plant, Food safety, Advertising, Farmer, Growth, ServiceNow, SoFi, Environment, Agave, Robotics, Water, Billio, MEIKO, AMT, Genetically modified organism, Tractor

Since 2010, KEENON Robotics , driven by its slogan "Keen on robots, keen on the future," has led the robotics sector.

Key Points:

Since 2010, KEENON Robotics , driven by its slogan "Keen on robots, keen on the future," has led the robotics sector.
With a comprehensive range including advertising, delivery, hotel, and the latest addition, cleaning robots, they cater to diverse commercial needs.
Diversey Canada Inc. has been a pivotal player in increasing operational efficiency for the industry and that continues in 2024.
You will find more of these innovative products and solutions all under one roof at RC Show 2024, taking place April 8-10, where the industry will come together, be inspired and learn how to LEVEL UP!

Summer Announces $9M in Funding to Bring Its End-to-End Workplace Student Loan and Education Assistance Solution to HR Leaders

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星期一, 四月 8, 2024

Research, HR, Advisory board, DIRECTV, TIAA, Fintech, QED, Evergreen, Investment, Student loan, Retirement, Workplace, SoFi, ADP, Bank

NEW YORK, April 8, 2024 /PRNewswire-PRWeb/ -- Today, Summer –– the only end-to-end workplace student loan solution that saves employees an average of $40k and is proven to reduce turnover by 20% –– announced $9M in additional funding.

Key Points:

With the round, Summer plans to expand its leadership team, grow its Advisory Board, and further enhance its tech-based solution that makes it simple to implement a range of student loan and education assistance benefits, including Secure 2.0 Student Loan Retirement Matching, Tuition Assistance and Student Loan Contributions, 529 Plan enrollment and matching, as well as enrollment in the SAVE Plan, Public Service Loan Forgiveness, and more than 100 free student loan assistance programs.
Even when student loan payments were paused, 38% of borrowers reported they delayed saving for retirement due to the burden of that debt.
"We believe Summer is uniquely equipped to help forward-thinking HR leaders navigate the complexity of student loan benefits and make it simple and cost-effective to offer benefits to employees."
This Advisory Board will work alongside Summer to ensure the team is delivering best-in-class solutions to the HR leaders who need them.

Introducing New York Golf Club and Player Roster

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星期二, 四月 2, 2024

View the full release here: https://www.businesswire.com/news/home/20240402326760/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20240402326760/en/
New York Golf Club team roster: Cameron Young, Matt Fitzpatrick, Xander Schauffele, Rickie Fowler (Photo: Business Wire)
New York is synonymous with world class, and its golf scene is no exception.
“I am thrilled to be joining New York Golf Club for the inaugural TGL season,” said Fowler.
“Working with the team at Cohen Private Ventures on the launch of New York Golf Club has been an incredible experience,” said Fitzpatrick.
“Having grown up a New Yorker, first learning to play at Sleepy Hollow, the opportunity to represent New York Golf Club feels surreal,” said Young.

SoFi Schedules Conference Call to Discuss Q1 2024 Results

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星期二, 四月 2, 2024

Software, Personal Finance, Internet, Finance, Professional Services, Technology, Apps, Applications, 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 first quarter of 2024 on Monday, April 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 first quarter of 2024 on Monday, April 29, 2024, at 8 a.m. Eastern Time.
SoFi also plans to release its first quarter 2024 results on the investor relations section of its website at https://investors.sofi.com at approximately 7 a.m. Eastern Time on Monday, April 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):