Tag : SoFi

Banking Business Featured Fintech

Robo Advisors – Changing the Face of Investments

Tanika Mehrotra
Robo Advisors are robotic financial advisors that use algorithms to automatically select investments for the customer, and also advise them on other relevant financial decisions. Robo-Advisors are not new to fintech; they have been around for over a decade. A standard robo-advisor collects financial information from the customers, like their......
Silicon Valley Bank Provides Risk Retention Facility to SoFi
Banking Fintech News Risk Management

Silicon Valley Bank Provides Risk Retention Facility to SoFi

Fintech News Desk
Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, today announced that it has entered into a multi-million risk retention financing agreement with SoFi, the digital personal finance company. This agreement provides financing to be used for SoFi’s risk retention bonds as part of their asset-backed......
SoFi Announces First Credit Card That Can Help People Pay Down Debt
Fintech News

SoFi Announces First Credit Card That Can Help People Pay Down Debt

Fintech News Desk
Cardholders receive 2% unlimited cashback when redeemed into SoFi Student or Personal Loans, SoFi Money, or SoFi Invest accounts. SoFi, the digital personal finance company, announced today that it has launched its first-ever credit card, which incentivizes healthy financial habits and delivers on its mission to help people get their......
SoFi Invest Puts the "Social" Back in Social Finance
Fintech Investment Services News Trading

SoFi Invest Puts the “Social” Back in Social Finance

Fintech News Desk
SoFi, the digital personal finance company, announced today the launch of its social trading and investing features within SoFi Invest, including the ability to follow friends, family, and other SoFi members on their investing journeys, all within the full SoFi experience. Read More: GlobalFintechSeries Interview with David R. Smith, Chief......
SoFi Invest Puts the "Social" Back in Social Finance
Fintech News

SoFi Brings Another Perk to Fridays with the First-Ever Weekly Income ETF (TGIF)

Fintech News Desk
Actively managed fund is the first fixed-income ETF to provide investors with weekly distributions SoFi announced today the launch of its newest exchange -traded fund (ETF): the SoFi Weekly Income ETF (NYSE:TGIF), the online personal finance company’s first fixed-income offering and the industry’s first ETF to offer a weekly distribution to......
Take a Look at a Few of These Global FinTech Success Stories
Business Cryptocurrency Featured Fintech Fintech Startups

Take a Look at a Few of These Global FinTech Success Stories

Tanika Mehrotra
According to a report by The Business Research Company, the global FinTech market was valued at about $127.66 billion in 2018 and is expected to grow to $309.98 billion at a CAGR of 24.8% through 2022. The growth in digital payments and digital commerce is driving the expansion of fintech.......
Xignite Wins Best Real-Time Market Data Initiative at Inside Market Data & Inside Reference Data Awards
Fintech News

Xignite Wins Best Real-Time Market Data Initiative at Inside Market Data & Inside Reference Data Awards

Fintech News Desk
Firm recognized for collaboration with SoFi, which resulted in a significant spike in engagement on new SoFi Invest platform Xignite, Inc., a provider of market data distribution and management solutions for financial services and technology companies, today announced it won the Best Real-Time Market Data Initiative at the Inside Market Data......
SoFi, A Leading Next-Generation Financial Services Platform, to Become Publicly-traded via Merger with Social Capital Hedosophia
Business Fintech News

SoFi And Los Angeles Rams Do “Good For Good” To Kick Off Inaugural Season At SoFi Stadium

Fintech News Desk
LA Rams and SoFi Announce Partnership to Help Those in Need Achieve Financial Independence The Los Angeles Rams and stadium naming rights partner SoFi, the digital personal finance company, are launching a 20-year partnership between the two organizations, with activations rooted in giving back to the city of Inglewood and addressing social injustices throughout the greater Los......
Economy News

SoFi Gig Economy ETF up over 100% Since March Low

Fintech News Desk
SoFi announced today that its SoFi Gig Economy ETF (GIGE) reached a new 52-week high on August 26, 2020, closing at a price of $28.09. As of yesterday’s close, GIGE has more than doubled (101.8%) off its 52-week low of $13.92 on March 16th. GIGE is in the top 30 of best-performing equity ETFs in......
Xignite Reveals Results of Collaboration on Launch of SoFi Invest Trading Platform
Big Data Fintech Investment Services News Trading

Xignite Reveals Results of Collaboration on Launch of SoFi Invest Trading Platform

Fintech News Desk
Personal finance platform’s work with market data solutions provider leads to thousands of new users and significantly higher client engagement(Xignite ) Xignite, a provider of market data distribution and management solutions for financial services and technology companies, revealed the results of a collaboration with leading digital personal finance company SoFi......
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