Financial Services Platform SoFi Plans IPO Via SPAC
PYMNTS
JANUARY 7, 2021
Silicon Valley startup Social Finance (SoFi) is closing a merger deal with blank-check firm Social Capital Hedosophia Holdings Corp. billion in cash proceeds. SoFi’s technology platform Galileo , which it acquired in April, has helped position the startup at the nexus of the digital transformation in banking and financial services.
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