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

SoFi, a private technology company best known for student debt refinancing, announced this morning that it raised more than $500 million from the qatar investment authority (qia) and others. The company disclosed that the new capital valued the company at $4.3 billion, pre-money. On a post-money basis, the SoFi is now worth over $4.8 billion.

SoFi Reaches $500 Million in Capital Raised to Fund and refinance student loans The private student lender reaches a capital-raising milestone thanks to this partnership with the non-profit corporation ecmc group, Inc. providing services in support of higher education finance.

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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.

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.

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 .

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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 the.

Online lending platform Social Finance is in talks to raise $500 million in funding from the Qatar Investment Authority and others, according to Bloomberg.. The new round would value SoFi around $4.3 billion, the same valuation of its 2017 financing round led by Silver Lake, according to Bloomberg.

In a round led by Qatar Investment Authority (QIA), personal finance solution provider SoFi has raised more than $500 million in equity funding, writes David Penn at Finovate. The talks of the deal were recently reported by FinTech Futures and it has now been confirmed.

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SoFi reportedly in talks with Qatar for $500 million in funding. investors were asking for more protections should the company raise money or sell itself for a lower price tag in the future.. SoFi CEO Anthony Noto has led the online lender as it launches new products and services in the.

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