SoFi Raises $1B More, Valued At $4 Billion
San Francisco-based SoFi, the student loan financing startup, has raised $1 billion more, according to reports, which value the company at roughly $4 billion. The funding is reportely being led by SoftBank Group. The WSJ cited documents and a person familiar with the funding for the details. Social Finance has previously raised capital from Baseline Ventures, DCM-Doll Capital Management, Discover Financial Services, Institutional Venture Partners, Renren, Third Point Ventures, Wellington Capital Management, Wicklow Capital, and Peter Thiel.
posted on Friday, August 21, 2015 (Link to more information)
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