Category Archives: SoFi

SoFi launches gig-focused ETF

SoFi is one of the leading fintech startups to emerge from San Francisco and breach the financial markets. Originally started as a way to better finance student debt, it has since expanded to include products targeted at personal loans and home loans. Today, the company announced a new index fund product focused on the gig economy. GIGE, which trades on Nasdaq, is an actively-managed fund advised by Toroso Investments that allows investors to capitalize on this hot sector of the economy. Toroso offers a range of services […]

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SoFi founder Mike Cagney’s new company, Figure, just raised another $65 million

Figure, a 13-month-old, San Francisco-based company that says it uses blockchain technology to provide home equity loans online in as little as five days, has raised a whole lot of money in not a lot of time: $120 million to date, including $65 million in fresh funding from RPM Ventures and partners at DST Global, with participation from DCG, Nimble Ventures, Morgan Creek and earlier investors Ribbit Capital and DCM. The money isn’t entirely surprising, given who founded the company — Mike Cagney, who founded SoFi and […]

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