Social Finance Inc. (SoFi) takes a radical approach to lending and wealth management by offering faster service, open conversations, and benefits – such as exclusive loan rates, career development, financial advice, and entrepreneurship programs – to help members get ahead and find success. Founded in 2011 with the goal of refinancing student loans by matching alumni with fellow graduates on a school-by-school basis, SoFi has expanded into mortgages, mortgage refinancing, personal loans, wealth management, life insurance, and banking. The company raised a $1 billion Series E in September 2015, which was the largest funding round for a U.S.-based fintech startup to date, and now has 260,000 members and more than $16.7 billion in funded loans.
