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Chamath Palihapitiya s SPAC to Take SoFI Public

Social Finance, Inc. (SoFi), an online lender, has entered into a definitive agreement with Social Capital Hedosophia Holdings Corp. V, a publicly traded special purpose acquisition company, to bring a major consumer-focused financial technology business to the public markets. The transaction values SoFi at an equity value of US$ 8.65 billion post-money. SoFi received preliminary, […]

Rosen katzChamath palihapitiyaCredit suisseMeagher flomBaron capital groupGoldman sachs coUs office of the comptrollerGoodwin procterCapital hedosophia holdings corpSocial capital hedosophia holdingsMerger agreementAltimeter capital managementCoatue managementDurable capital partnersOntario pension planRowe price

Exclusive: SoFi nears deal to go public with SPAC backed by venture capital investor Palihapitiya -sources

3 Min Read Jan 7 (Reuters) - Online lending startup Social Finance Inc (SoFi) is nearing a deal to go public through a merger with Social Capital Hedosophia Holdings Corp V, a blank-check acquisition company led by venture capital investor Chamath Palihapitiya, people familiar with the matter said on Thursday. The deal would value SoFi at more than $6 billion and could be announced in the coming days, the sources said, cautioning that the talks could still collapse and the terms could be changed. The sources requested anonymity because the negotiations are confidential. SoFi and Social Capital did not immediately respond to requests for comment.

United statesNew yorkAnirban senSian osborneJoshua franklinChamath palihapitiyaSteve orlofskyThomson reuters trust principlesInc sofiOpendoor technologies incVirgin galactic holdings incUs office of the comptrollerCapital hedosophia holdings corpSocial finance incSocial capitalLondon based ian osborne

Exclusive: SoFi to go public through merger with Palihapitiya-backed SPAC

Exclusive: SoFi to go public through merger with Palihapitiya-backed SPAC
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

United statesNew yorkAnirban senAnthony notoSian osborneJoshua franklinMatthew lewisChamath palihapitiyaSteve orlofskyThomson reuters trust principlesVirgin galactic holdings incInc sofiOpendoor technologies incUnits of social capital hedosophia holdings corpUs office of the comptrollerCapital hedosophia holdings corp

Exclusive: SoFi nears deal to go public with SPAC backed by venture investor Palihapitiya -sources

Exclusive: SoFi nears deal to go public with SPAC backed by venture investor Palihapitiya -sources
channelnewsasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelnewsasia.com Daily Mail and Mail on Sunday newspapers.

United statesNew yorkAnirban senSian osborneJoshua franklinChamath palihapitiyaSteve orlofskyInc sofiOpendoor technologies incVirgin galactic holdings incUnits of social capital hedosophia holdings corpUs office of the comptrollerCapital hedosophia holdings corpSocial finance incSocial capitalLondon based ian osborne

Stellar s XLM Token Rallies to 2-Year High on XRP Woes, OCC Ruling, Ukraine

Stellar s XLM Token Rallies to 2-Year High on XRP Woes, OCC Ruling, Ukraine
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

City ofUnited kingdomDenis vinokourovUs office of the comptrollerPayments focused stellarRipple labsSan francisco basedMarket wrapBitcoin breaksEther futures interest jumpsநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்எங்களுக்கு அலுவலகம் ஆஃப் தி கம்ப்ரோலர்கொடுப்பனவுகள் கவனம் நட்சத்திரசிற்றலை ஆய்வகங்கள்சான் பிரான்சிஸ்கோ அடிப்படையிலானது