Online Lending Company SoFi Raises $500 Million From Qatar’s Sovereign Wealth Fund

SoFi, a San francisco online lending startup, raised 0 million in new funding led by Silver Lake Partners, with participation from existing investor SoftBank Group, and GPI Capital.

PRESS RELEASE: SAN FRANCISCO, CALIFORNIA – 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.

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. private.

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San Francisco, CA – SoFi (Social Finance, Inc.), the private student lender, announced today it has reached the $500 million milestone in debt and equity to transform the student lending space. The company reached this milestone thanks to securing a community fund investment from ECMC Group, Inc.

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.

SoFi raises $500 million more in funding as Qatar buys in. By.. 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.. the company has secured another $500+ million in funding.

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.

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