SoFi Raises $1B in Series E Round Led By SoftBank Group

Social Finance Inc. (commonly called SoFi) has raised $1 billion in a Series E funding round led by Japanese media giant SoftBank Group, marking the largest single financing round in the FinTech space to date. Launched four years ago, SoFi helps graduates of top-tier universities refinance student loans at lower rates. Since then, SoFi has expanded its services to include personal loans and mortgages. In 2014, SoFi became the

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