Tag : SoFi Technologies

SoFi Expands Loan Platform Business with Multiple New Agreements Totaling Over $3.6 Billion
Banking Finance News

SoFi Expands Loan Platform Business with Multiple New Agreements Totaling Over $3.6 Billion

Business Wire
by Business Wire0
Deals with a leading global bank, a top-five global asset manager, and a financial services and insurance group add over $3.6 billion in expected personal loan funding. SoFi Technologies, Inc. announced the expansion of its Loan Platform Business (LPB), committing over $3.6 billion in personal loan delivery across three new......
Galileo Launches Payment Method Switch to Help Banks, Fintechs, and Brands Stay Top of Wallet Through Easier Bill Payments
Banking Digital Payments News

Galileo Launches Payment Method Switch to Help Banks, Fintechs, and Brands Stay Top of Wallet Through Easier Bill Payments

Business Wire
by Business Wire0
Galileo integrates another new solution, powered by Atomic, to help clients become the first choice for everyday spend and grow recurring revenue. Galileo Financial Technologies, SoFi Technologies, Inc.’s Technology Platform, has launched Galileo Payment Method Switch, powered by Atomic. This product enables banks, fintechs and brands to make it easier......
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......
SoFi Closes $697.6 Million Securitization of Loan Platform Business Volume
Fintech Lending News

SoFi Closes $697.6 Million Securitization of Loan Platform Business Volume

Business Wire
by Business Wire0
Offering Includes Participation from 35 Unique Investors SoFi Technologies, a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, announced the issuance of $697.6 million in notes secured by a pool of personal loans originated by SoFi Bank, N.A. The transaction......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Risk Management Security

Fintech Startups from the Global Fintech Landscape That Made Headlines in 2024

Prajakta Ayade
by Prajakta Ayade0
In 2024, fintech startups continued to redefine financial services with innovation, customer focus, and market expansion. Across various sectors like neobanking, payments, lending, and cryptocurrency, several fintech companies captured global attention due to their impressive growth and transformative impact. Leading Fintech Innovators of 2024 Nubank Nubank, South America’s largest neobank,......
Galileo Launches Instant Account Verification and Machine Learning Risk Score to Secure Financial Transactions Amid Escalating Cyber Threats
Fintech Machine Learning News Security

Galileo Launches Instant Account Verification and Machine Learning Risk Score to Secure Financial Transactions Amid Escalating Cyber Threats

Business Wire
by Business Wire0
New tools deliver real-time fraud detection for fintechs, banks and businesses and maintain frictionless account experiences for customers Galileo Financial Technologies, a leading financial technology company and a subsidiary of SoFi Technologies, is delivering fintechs, banks and businesses new ways to fight fraud with the launch of Galileo Instant Verification......
Galileo Financial Technologies Adds 3D Secure to Bolster Online Fraud Protection
Fintech News Security

Galileo Financial Technologies Adds 3D Secure to Bolster Online Fraud Protection

Business Wire
by Business Wire0
Galileo 3D Secure reduces CNP fraud risks across the U.S., Latin America and Canada Galileo Financial Technologies, a leader in financial technology solutions and a subsidiary of SoFi Technologies, Inc, announced the launch of Galileo 3D Secure (3DS) Access Control Server (ACS). This enhancement helps clients protect against card-not-present (CNP)......
Galileo Payment Risk Platform Now Available to the Entire Financial Services Ecosystem
Digital Payments News

Galileo Payment Risk Platform Now Available to the Entire Financial Services Ecosystem

Fintech News Desk
by Fintech News Desk0
Companies outside Galileo’s ecosystem can now leverage proactive risk-scoring fraud engine Galileo Financial Technologies, LLC, a leading financial technology company independently owned and operated by SoFi Technologies, is now offering the Galileo Payment Risk Platform to the entire financial services ecosystem. This holistic fraud engine delivers real-time payment risk mitigation......
Galileo’s AI-Driven Intelligent Digital Assistant Cyberbank Konecta Enhances SoFi Member Experience
Artificial Intelligence Finance News

Galileo’s AI-Driven Intelligent Digital Assistant Cyberbank Konecta Enhances SoFi Member Experience

Business Wire
by Business Wire0
SoFi has integrated Cyberbank Konecta into its existing tech stack, increasing member satisfaction and improving inquiry response time by more than 65% Galileo Financial Technologies, LLC, a leading financial technology company, announced that its affiliate’s conversational AI engine, Cyberbank Konecta, which was integrated into the existing tech stack of SoFi......
SoFi Invest Midyear Investing Report: Optimistic Investors Face Down a Pessimistic Economic Environment
Finance Investment Services News

SoFi Invest Midyear Investing Report: Optimistic Investors Face Down a Pessimistic Economic Environment

Business Wire
by Business Wire0
SoFi Invest surveyed over 3,400 Americans on their investing sentiment and habits in the first half of 2023; investor concern about “falling behind” is high, particularly among Gen X SoFi Technologies, Inc., the digital personal finance company, released their first SoFi Invest¹ Midyear Investor Report, showing that most investors feel......
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