SoFi

Zerohash, which provides on-chain infrastructure for businesses to offer trading, stablecoin payments, and more, raised a $104M Series D-2 at a $1B valuation

Funding round draws Morgan Stanley, SoFi and Apollo, underscoring rising demand for regulated on-chain infrastructure

SoFi plans to bring back crypto investing in 2025 after dropping it in 2023 to get a bank charter, forcing users to move to Blockchain.com or liquidate holdings

Hugh Son / CNBC :

The US OCC and Federal Reserve approve SoFi's bid to become a bank holding company via its Golden Pacific Bancorp acquisition; SoFi stock jumps 16%+ after hours

- San Francisco-based SoFi got approval from its two key regulators to become a bank holding company.

SoFi, which went public via a blank-check company run by Chamath Palihapitiya, closes its first day of trading up 12.41%

SEC filing: Figure, which uses blockchain to provide loans and is led by Mike Cagney, ex-CEO of SoFi, plans to raise $250M via a SPAC

Adam Tempkin / Bloomberg :

Figure, the lending platform led by Mike Cagney, who resigned as CEO of SoFi due to sexual harassment allegations, raises $103M Series C at a $1.2B valuation

Figure, a San Francisco-based consumer lending platform, raised $103 million in Series C funding led by Morgan Creek Digital at a $1.2 billion valuation.

SoFi says it will launch cryptocurrency trading in partnership with Coinbase in Q2 and also has plans for zero-fee SoFi-branded ETFs and a credit card in 2019

Kate Rooney / CNBC :

Online finance startup SoFi has applied for a new-bank charter under the name of SoFi Bank to offer FDIC-insured account and credit-card product

In May, SoFi CEO Michael Cagney told TechCrunch the company would be applying for a bank charter “in the next month.”

Online finance startup SoFi raises $500M from Silver Lake, SoftBank, and others, bringing total equity raised to $1.9B

Ryan Lawler / TechCrunch :