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.3137
California-based financial firm SoFi has acquired a BitLicense from the New York State Department of Financial Services.3169
Following a partnership with Coinbase in February 2019, SoFi is introducing zero-fee crypto trading on its SoFi Invest platform.4047
Founded by the former SoFi CEO, Figure completed a $1 billion “uncommitted” financing facility via blockchain with Jefferies and WSFS.4921
SoFi CEO Picks Ethereum Over Bitcoin23836
The FinTech industry has had over 45 venture capital investments, equivalent to US$3 billion in global ventures in 2013.1489