SoFi; six years later and still attractive
Modern lender SoFi received a boost . By boost think $500 million from buyout firm Silver Lake and tech giant Softbank. The San Fran-based fintech-slash-insurtech has been keeping busy – announcing the acquisition of mobile-banking startup Zenbanx and a partnership with Protective Life to sell term life insurance online. Bottom Line: a $4 billion valuation. $2.08 billion in funding. And profitable. Recall 2017 insurance investments here.
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