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

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SoFi Is in Talks With Qatar for $500 Million Funding Round. Bloomberg – Julie Verhage. fintech startup social finance Inc. is in the final stages of closing a funding round from the Qatar Investment Authority and others, according to.

SAN FRANCISCO, Calif. – February 24, 2017 – SoFi, a modern finance company taking an unprecedented approach to lending and wealth management, announced today it has entered into a definitive agreement to raise $500 million in Series F financing led by Silver Lake, the global leader in technology investing.

On October 2, 2013, SoFi announced that it had raised $500 million in debt and equity to fund and refinance student loans. This total funding amount came from $90 million in equity, $151 million in debt, and $200 million in bank participations, with the remaining capital from alumni and community investors.

Fintech startup Social Finance Inc. is in the final stages of closing a funding round from the Qatar Investment Authority and others, according to. Flipboard: SoFi.

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The investment, a Series F, brings the total raised by Kabbage in equity funding to $500 million (on top. it might try to buy OnDeck in a consolidation play, but our sources say this was just.

SAN FRANCISCO – SoFi, a personal finance company, has closed over $500 million in equity financing led by Qatar Investment Authority (QIA), which values the company at $4.3 billion on a pre-money basis.. The company recently announced it has over 700,000 members and 7.5 million registered users. SoFi plans to use the funds to invest in innovation and growth.

Sofi-A Lending Startup Closes Qatar led 0 million Funding Round Social Finance, popularly known as Sofi is an online lending startup that just closed its Qatar led $500 million funding round. The firm intends to use the cash injection to assist it to invest in its growth, as it continues to strengthen its balance sheet.

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.

The largest deal was Brazil’s meals delivery company, iFood, which raised 0 million. and funding from investors like GGV Capital’s Hans Tung, who sees LatAm as the next big play. masayoshi son:.