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On October 2013, the company announced that it had raised $500 million in debt and equity to fund and refinance student loans. In April 2014, the company raised $80 million in Series C round from Discovery Capital Management with joint support from Peter Thiel, Wicklow Capital and other investors. In February 2015, the company announced a $200.
SoFi raises $500 million more in funding as Qatar buys in. the sovereign wealth fund of Qatar.. we’ve worked aggressively to grow SoFi from a desktop lending business to a broad-based.
SoFi, a San Francisco online lending startup, raised $500 million in new funding led by Silver Lake Partners, with participation from existing investor SoftBank Group, and GPI Capital.
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Fintech unicorn SoFi is reportedly seeking to raise $500 million from the Qatar Investment Authority. The company, which has a valuation of $4.3 billion, has previously raised $2 billion from.
Anthony Noto, CEO of SoFi Adam Jeffery | CNBC Online lending start-up Social Finance just closed a half-a-billion-dollar funding round, led by Qatar. The company, better known as SoFi, plans to use the $500 million cash injection to invest in more growth and strengthen its now $2.3 billion total balance sheet, SoFi said in a press release.
SoFi is no stranger to raising money, as the online lender has raised nearly $2 billion over the last few years. And now, SoFi is broadening its investor base even more. 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.
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· SAN FRANCISCO–(BUSINESSthat it is leading an over $500 million equity financing in SoFi, a mobile-first personal finance company.
Anthony Noto, CEO of SoFi Adam Jeffery | CNBC Online lending start-up Social Finance just closed a half-a-billion-dollar funding round, led by Qatar. The company, better known as SoFi, plans to use the $500 million cash injection to invest in more growth and strengthen its now $2.3 billion total balance.
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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 .