SoFi confirms $500m investment led by Qatar

Social Finance, Inc. (SoFi), a San Francisco, California-based online personal finance platform, as per recent speculative reports, is believed to be closing in on a $500 million investment funding round, which allegedly is being participated by investors including the qatar investment authority (QIA), Qatar’s st.

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SoFi Closes $500M Round Led By Qatari Investment Fund. Social Finance Inc. said the funding round was led by Qatar’s sovereign wealth. including SoFi Invest, an investment platform for.

Online lending platform Social Finance is in talks to raise $500 million in funding from the Qatar Investment Authority and others, according to Bloomberg.. The new round would value SoFi around.

Qatar’s sovereign. s and the UAE’s sovereign investment funds and SoftBank’s Vision Fund. There are already signs of renewed confidence in its approach, after the QIA last month led a $500m equity.

SoFi, a mobile-first personal finance company, announced today it has closed over $500 million in equity financing led by Qatar Investment Authority (QIA), which values the company at $4.3 billion on a pre-money basis. SoFi plans to use the funds to continue to invest in its rapid rate of innovation and growth, fulfilling [.]

Qatar Investment Authority has led an investment of more than $500 million in SoFi, a mobile-first personal finance firm. The investment values the company at $4.3 billion on a pre-money basis, according to a release from the fund. The investment was supported by several existing investors and SoFi CEO Anthony Noto.

Online lender SoFi has bagged over $500m in equity funding led by sovereign wealth fund Qatar Investment authority (qia). online lender sofi has bagged over $500m in equity funding led by sovereign wealth fund Qatar Investment Authority (QIA).

Supports SoFi’s Continued Investment in Innovation and Rapid Rate of Growth SAN FRANCISCO, Calif. – May 29, 2019 – SoFi, a mobile-first personal finance company, announced today it has closed over $500 million in equity financing led by Qatar Investment Authority (QIA), which values the company at $4.3 billion on a pre-money basis.

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Social Finance (SoFi), a personal finance company, has raised half a billion dollars in a funding round led by Qatar, according to a report by CNBC.. SoFi Raises $500M, valuation remains .3b.