SoFi

Company

Investment-firm

Last deal

$750M

Amount

Post-IPO Debt

Stage

05.02.2024

Date

3

all rounds

$4.94B

Total amount

Financing round

General

About Company
SoFi offers modern financial products and services to help achieve financial independence.

Industry

Sector :

Subsector :

Also Known As

Social Finance

founded date

01.08.2011

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Debt

IPO status

Private

Description

SoFi provides a range of financial services, including student loan refinancing, online banking, personal and mortgage loans, wealth management, and investment options. Their platform uses factors such as career experience, income, and education to offer lower interest rates on loans. SoFi also offers a cash management account and a mobile app for trading stocks, ETFs, and cryptocurrencies. Their competitors include Avant, Lending Club, LendKey Technologies, Earnest, LendingTree, CommonBond, Prosper Marketplace, Upstart, Credible, Education Loan Finance, Laurel Road, and GreenNote. SoFi aims to help its members achieve various financial goals, such as homeownership, retirement savings, and paying off student loans.
Contacts

Contact Email

Phone number

Social url

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Number of Funding Rounds

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Their latest funding was raised on 05.02.2024. Their latest round Post-IPO Debt

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People

Founders
4
Michael Cagney
Michael Cagney

Michael Cagney

As the CEO, Chairman and co-founder of SoFi, Mike Cagney leads corporate strategy and development at SoFi—bringing decades of experience in the financial industry to his leadership of the company. He’s held a Senior Vice President role at Wells Fargo, where he was head trader for the proprietary trading and financial products group. Mike is also co-founder and a managing member of Cabezon Investment Group, a global macro hedge fund, in addition to serving as a non-executive Chairman of ReFlow. Before Cabezon, Mike founded, was CEO and then Vice Chairman and Chief Architect, of Finaplex, a leader in wealth management software that was sold to Broadridge (NYSE: BR). While overseeing SoFi’s overall direction, Mike makes a daily point to interact with SoFi’s member base, now more than 260,000 members. In addition to reading and responding to member feedback, he hosts SoFi member dinners at his San Francisco home to better know our customers and understand their financial goals. Mike holds an M.S., Management degree from the Stanford Graduate School of Business, where he was a Sloan Fellow. He also holds a MS in applied economics from UC Santa Cruz.

current job

Figure
Figure

organization founded

3

Michael Cagney

Daniel Macklin
Daniel Macklin

Daniel Macklin

Mr. Daniel Macklin, also known as Dan, co-founded Social Finance, Inc. and serves as its Vice President of Community & Member Success. Mr. Macklin led medium enterprise sales and product development for Standard Chartered Bank in China and North-East Asia. He held senior roles at Standard Chartered Bank within corporate banking and the CEO's Office in London and Singapore. Mr. Macklin holds a B.A. in Business Economics from University of Durham in England. He also holds an M.S. in Management degree from Stanford Graduate School of Business.

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Employee Profiles
621
Kimberly Hoffman

Kimberly Hoffman

Head of Mortgage Operations

Kevin Zuber

Kevin Zuber

Brand Ambassador

Assaf Ronen

Assaf Ronen

Chief Product Officer

Karan Sarin

Business lead, vice president - credit cards

Nate Birth

Associate manager, engineering

Maria Renz

Maria Renz

Executive Vice President Consumer Finance and Wealth Management

Justin Teixeira

Senior manager, mobile and digital marketing

Jonathan Ferrell

Senior lifecycle, marketing, and crm analyst

Activity

Recent News
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