Tag : Anthony Noto

SoFi Launches Fully Reserved Stablecoin to Power Financial Infrastructure for Banks, Fintechs, and Enterprise Partners
Banking Finance News

SoFi Launches Fully Reserved Stablecoin to Power Financial Infrastructure for Banks, Fintechs, and Enterprise Partners

Business Wire
by Business Wire0
With the launch of SoFiUSD, SoFi is the first national bank to issue a stablecoin on a public, permissionless blockchain SoFi Technologies, Inc. , the one-stop shop for digital financial services, announced the launch of SoFiUSD, a fully reserved U.S. dollar stablecoin issued by SoFi Bank, N.A. SoFiUSD will enable......
SoFi Secures $3.2 Billion Expansion to Loan Platform Business Across Agreements with Fortress and Edge Focus
Finance Fintech Lending News

SoFi Secures $3.2 Billion Expansion to Loan Platform Business Across Agreements with Fortress and Edge Focus

Business Wire
by Business Wire0
SoFi Technologies, Inc. announced a $2 billion extension of its Loan Platform Business agreement for personal loans with funds managed by affiliates of Fortress Investment Group (“Fortress”). This extension builds on the original $2 billion Loan Platform Business agreement between SoFi and Fortress announced in October 2024. SoFi also signed......
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