SoFi could secure Qatar investment for $500m round.. is believed to be in the final stages of closing a $500 million funding round from investors including the Qatar Investment Authority, which was led by Silver Lake. But the sources say that in order to achieve that valuation, investors.
In a round led by personal finance solution provider SoFi has raised more than $500 million in equity funding, writes David Penn at Finovate. The talks of the deal were recently reported by FinTech Futures and it has now been confirmed.,
SoFi, a private technology company best known for student debt refinancing, announced this morning that it raised more than $500 million from the Qatar Investment Authority (QIA) and others. The company disclosed that the new capital valued the company at $4.3 billion, pre-money. On a post-money basis, the SoFi is now worth over $4.8 billion.
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In a round led by Qatar Investment Authority (QIA), personal finance solution provider SoFi has raised more than USD 500 million in equity funding.. The new capital gives the US-based company a valuation of USD 4.3 billion, and will drive investment in continued growth.
SoFi, a mobile-first personal finance firm, has secured $500m (396m) investment in a financing round led by Qatar Investment Authority (QIA). Image: SoFi CEO Anthony Noto. Photo: Courtesy of Business Wire. QIA has valued SoFi at $4.3bn (3.4bn) on pre-money basis. SoFi said that it will use the funds to continue investing in innovation and.
The deal won’t give Silver Lake a majority stake in the company but does signal an increasing interest by venture capital firms in fintech startups that focus on lending.
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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.
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SoFi Announces ~$500M Strategic Growth Investment , a mobile-first personal finance company, announced today it has closed over $500 million in equity financing led by Qatar. Avi Ben-Hutta
Qatar Investment Authority has led a hefty financing round for mobile-first personal finance company SoFi which values the business at $4.3bn on a pre-money basis. The $500m round was also backed by existing SoFi investors, the company said, although it did not specify which firms committed capital.