SoFi
SoFi raises $500M Convertible Note at $8.65B valuation
Quick Facts
SoFi: Convertible Note Funding Round
SoFi has successfully raised $500M in Convertible Note funding, reaching a valuation of $8.65B.
Company Overview
Online personal finance company
Funding Details
The Convertible Note round was led by SoftBank, with participation from Silver Lake, Qatar Investment Authority, Third Point, Chamath Palihapitiya.
Company Information
- Headquarters: 2750 East Cottonwood Parkway, Salt Lake City, UT 84121
- Founded: 2011
- Employees: 4500+
- Category: FinTech
Investment
SoFi plans to use the funds to accelerate product development, expand its team, and scale operations globally.
About the Investors
- SoftBank: Verified investor in Convertible Note
- Silver Lake: Verified investor in Convertible Note
- Qatar Investment Authority: Verified investor in Convertible Note
- Third Point: Verified investor in Convertible Note
- Chamath Palihapitiya: Verified investor in Convertible Note
Key Investors
About the Author
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