anthony noto

SoFi acquires community bank Golden Pacific Bancorp to speed up its national bank charter process

SoFi, more formally known as Social Finance, announced today that it has agreed to acquire Golden Pacific Bancorp (GPB) for about $22.3 million. The dollar amount is not staggering. What is more notab

Webull, M1 and Public remove restrictions on ‘meme stocks’ after citing trade settlement firm as the cause

Three of the popular retail stock market trading apps that have hosted much of the activity related to the Wall Street Bets subreddit-spurred run on stocks including GameStop (GME) and AMC, among othe

Another major fintech exit as SoFi acquires banking and payments platform Galileo for $1.2B

The fintech wars continue to heat up with another major exit in the space. Consumer financial services platform SoFi announced today that it is acquiring payments and bank account infrastructure compa

Embedded finance, or why fintech mega VC rounds have become so common

Another day, another monster fintech venture round. This morning, it was personalized banking app MoneyLion, which raised $100 million at a near unicorn valuation. Last week, it was N26, which raised

Online lender SoFi has quietly raised $500 million in funding, led by Qatar

Usually when it comes to big sums of funding, companies like to boast. Online lending startup Social Finance, better known as SoFi, took another tack this morning, quietly announcing in a press releas

SoFi launches gig-focused ETF

SoFi is one of the leading fintech startups to emerge from San Francisco and breach the financial markets. Originally started as a way to better finance student debt, it has since expanded to include

Crunch Report | DJI unveils new Mavic Air

DJI unveils the new Mavic Air, Twitter COO Anthony Noto resigns and Apple HomePod starts shipping February 9th. All this on Crunch Report.

Twitter COO Anthony Noto resigns to become SoFi CEO

Twitter COO Anthony Noto has left the company, Twitter announced Tuesday. Noto’s leaving because he accepted a CEO role elsewhere, according to the release. Just last week, the WSJ reported that

Twitter’s user growth goes nowhere and the stock is collapsing

The small nice-ish story Twitter had going for itself for the past few quarters was that, at the very least, its monthly active users were growing quarter-over-quarter. While MAUs might not be the rig

Twitter’s new CFO is getting $15 million in stock

Twitter has announced that it's hired a new CFO. Ned Segal is joining the company from Intuit, where he was senior vice president of finance. He also has investment banking experience, having spent 16

Twitter’s COO explains why charging all users doesn’t make sense

Twitter might consider adding premium subscription features to TweetDeck, but likely won't charge all users because the reduced access wouldn't jibe with what Twitter wants to be, according to COO An

A short list of executives who made less money than Anthony Noto last year

Executives at Twitter make a lot of money. But it's not just like they make a lot of money relative to you or me, or compared to lower-level employees within the organization. A couple of executives a

Dorsey: Twitter still has “a long way to go”

Twitter co-founder and CEO Jack Dorsey spoke on stage with COO and CFO Anthony Noto at the Goldman Technology Conference in San Francisco on Wednesday. The leaders of the social media giant reiterated

Twitter says product changes are main growth driver, not just the President’s usage

Twitter’s advertising business is stalling, but the company is trying to focus on some flashes of improvement among the service — which it’s attributing to product changes, and not just

Adam Bain departs Twitter, Anthony Noto will take over as COO

Twitter just announced that Chief Operating Officer Adam Bain is departing. Bain has been with Twitter since 2010, building the company’s ad business and becoming COO last year at the same tim

Twitter Holds Post-Earnings Q&A On Periscope With CFO Anthony Noto

Twitter is currently holding a post-earnings Q&A on Periscope. The guest? CFO Anthony Noto. The company took a bit of a nosedive after its Q3 earnings at the end of last month, so folks have quest

Dorsey: “Twitter Is Getting Easier To Use Every Single Week,” TV Ad To Premiere During World Series

During Twitter's Q3 earnings call, CEO Jack Dorsey was joined by COO Adam Bain and CFO Anthony Noto. The call was broadcasted live on Periscope for the second straight time. Growth didn't appease Wall

Twitter Blames Slow User Growth On iOS 8 Bug, But Predicts Strong Q1 2015

Twitter's user count grew a measly 1.4% this quarter, down from 4.8% in Q3 2014, but CFO Anthony Noto said things are turning around. He said the rollout of iOS 8 cost Twitter 4 million monthly active