Social Finance

Hyve gets a buzz going for its new social savings app

After downloading the Hyve app, users create and share goals with friends and family who can support them.

Clim8 raises $8M from 7pc Ventures, launches climate-focused investing app for retail investors

Ethical investing remains something of a confusing maze, with a great deal of “greenwashing” going on. A new U.K. startup is hoping to fix that with the launch of its new app and platform

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

SoFi to go public in merger with Chamath Palihapitiya’s newest SPAC

Consumer financial services startup SoFi is going public via a merger with special purpose acquisition company Social Capital Hedosophia Holdings Corp V, one of a series of blank-check companies forme

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

The CEO of Social Finance will step down

One month after reports of a sexual harassment and wrongful termination lawsuit against the online lending startup Social Finance came to light, the company has announced that its hard-charging chief

CommonBond now offers direct student loans alongside debt refinancing

CommonBond, one of the biggest of the second generation of startups tackling online lending, has launched a direct student loan product as it expands its footprint in the debt business. The company is

CommonBond Attracts Another $35 Million For Its College Lending Marketplace

New York-based lending marketplace, CommonBond, has managed to attract a more modest -- but still significant -- $35 million in fresh financing for its own expansion plans.

SoFi Raising New Cash To Help Ease Students’ $1 Trillion Debt Burden

Student lending service Social Finance is close to securing a new round of as much as $75 million, according to two investors familiar with the company's plans. The San Francisco-based company is o