SoFi to acquire cloud-based banking platform Technisys in an all-stock deal valued at $1.1 billion.

Hyundai’s multi-year sponsorship includes Hollywood Park, SoFi Stadium, YouTube Theater and American Airlines Plaza, as well as team deals with both the Los Angeles Rams and Los Angeles Chargers.

SoFi has launched a new offering, which comes with new insurance partners.

The new product comes as SoFi, which had its start as a student-loan platform, is set to go public in the coming weeks. 

SoFi will pay $2.55 in cash for each share of GPB or approximately $22.3 million in aggregate to acquire GPB to advance SoFi’s effort to obtain a national bank charter.

The transaction values the company at an equity value of $8.65 billion post-money.

Carrying no annual fee, the card, for which Mastercard is the exclusive card network, provides up to 2% unlimited cashback when redeemed into SoFi Money or SoFi Invest accounts, or used to pay down SoFi Student Loans or SoFi Personal Loans.

The $200 Emergency Savings vault is available to all who open an account now through August 14th, 2020.

“Talking about money is uncomfortable, so much so, many couples avoid it. But in these unprecedented times, it is imperative to have these difficult conversations around money. We want to bring our members the tools to start these conversations, and make sure they end them with plans for the future….together.” - Anthony Noto, CEO of SoFi.

Samsung Electronics America, Inc., announced that starting July 23, 2020, consumers in the U.S. can sign-up for and access Samsung Money by SoFi: a mobile-first money management experience. Launched in...

Samsung announced its Samsung Money by SoFi, a new mobile-first money management experience that brings a cash management account and accompanying Mastercard debit card along with exclusive benefits to Samsung...

SoFi members now have the ability to draft their will for free and can also access legal services and more complex estate planning needs, including setting up a living trust and establishing power of attorney, for an additional cost.

The expansion marks SoFi’s first entry into the international market.

Galileo will continue to operate as an independent subsidiary of Social Finance Inc, with Wilkes as CEO.