The new bank will be subject to heightened scrutiny from the OCC for at least three years.
Financial firm SoFi announced they had signed an agreement to purchase Galileo Financial Technologies for $1.2 billion.3186
California-based financial firm SoFi has acquired a BitLicense from the New York State Department of Financial Services.3214
Following a partnership with Coinbase in February 2019, SoFi is introducing zero-fee crypto trading on its SoFi Invest platform.4319
Founded by the former SoFi CEO, Figure completed a $1 billion “uncommitted” financing facility via blockchain with Jefferies and WSFS.4937
SoFi CEO Picks Ethereum Over Bitcoin23875
The FinTech industry has had over 45 venture capital investments, equivalent to US$3 billion in global ventures in 2013.1527