The company primarily caters to early-stage professionals and offers variable and fixed rate parent, personal, and MBA loans, mortgage refinancing, and more. Tax Optimization: Unlike other top robo-advisors, SoFi doesn’t offer tax-loss harvesting. The AP news staff was not involved in its creation. Venture Capital Funded Companies (Top 10K), Non-equity Assistance Investors Entrepreneurship Programs. SoFi General Information Description. For those investors who wish … To learn more about Social Capital Hedosophia Holdings, visit www.socialcapitalhedosophiaholdings.com. It also stresses that Bakkt will handle a host of … SoFi’s consumer and enterprise businesses are highly complementary, enabling SoFi to provide faster product innovation and speed of service to both SoFi members and the customers of Galileo’s clients. For investors then, that means IPOE stock could represent the opportunity to get in on the ground floor of a fast-growing fintech. protect their money better so that they can achieve financial independence and realize their ambitions from owning a home to saving for retirement, paying off their student loans, and more. The transaction values the Company at an equity value of $8.65 billion post-money. The SIPC investor protection scheme protects against the … For a detailed look at sofi you can view them on the InvestX Sofi … Total amount raised across all funding rounds, Total number of current team members an organization has on Crunchbase, Total number of investment firms and individual investors, Descriptive keyword for an Organization (e.g. You may obtain free copies of these documents as described in the preceding paragraph. 333-248915 and 333-249396), the registration statement on Form S-4 discussed above and other documents filed by SCH from time to time with the SEC. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. With SoFi Invest this is not an issue, as all customers belong to SoFi Securities LLC and are covered by the US SIPC investor protection scheme. Social Capital Hedosophia Holdings is a partnership between the investment firms of Social Capital and Hedosophia. SoFi is a finance company that offers a range of lending and wealth management services. In a presentation to prospective investors Thursday, San Francisco-based SoFi and Palihapitiya’s firm compared the lender to Apple Inc., Tesla Inc. and Amazon.com Inc., claiming that SoFi … SoFi helps people achieve financial independence to realize their ambitions. Attached as Exhibit 99.2, Exhibit 99.3 and Exhibit 99.4 and incorporated herein by reference are the investor presentations dated January 6, 2021, for use by SCH in meetings with certain of its shareholders as well as other persons with respect to SCH's proposed transaction with SoFi… Where the organization is headquartered (e.g. Source: IPOE/SoFi presentation . 2. SoFi’s full suite of financial products offers members the speed, selection, content and convenience that only an integrated digital platform can provide and allows them to manage their financial lives in one application, all on their phone. Certain forward-looking non-GAAP measures are presented without corresponding GAAP reconciliations due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliations. SoFi’s consumer offering is augmented by its ownership and independent operation of Galileo, one of the leading providers of critical technology infrastructure services, including customer-facing and back-end capabilities, to fast-growing financial services providers. SAN FRANCISCO & PALO ALTO, Calif. Company Overview SoFi is a member-centric, one-stop shop for financial services, includi... SoFi, A Leading Next-Generation Financial Services Platform, to Become … Our products for borrowing, saving, spending, investing and protecting give our over 1.8 million members fast access to tools to get their money right. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Press release content from Business Wire. The company's platform includes online banking, personal, mortgage and … For those investors … If SoFi obtains final regulatory approval to own a bank, it would have a lower cost of funds to further support SoFi’s growth. This press release does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. With SoFi Invest you can start investing in your favorite companies for as little as $1. SoFi is a member-centric, one-stop shop for financial services, including loan refinancing, mortgages, personal loans, credit cards, insurance, investing and deposit accounts, that has allowed more than 1.8 million members to borrow, save, spend, invest and protect their money since its inception. You can start a SoFi account with as little as a $1 investment. It is targeting a huge market. Confidential. Social Finance, Inc. (“the Company” or “SoFi”), a leading next-generation financial services platform, has entered into a definitive agreement with Social Capital Hedosophia Holdings Corp. V (“SCH”) (NYSE: IPOE), a publicly traded special purpose acquisition company, to bring a major consumer-focused financial technology business to the public markets. This press release references adjusted net revenue and adjusted EBITDA, which are financial measures that are not prepared in accordance with U.S. generally accepted accounting principles (“GAAP”). Forward-looking statements speak only as of the date they are made. The combination is further supported by a $1.2 billion PIPE at $10 per share led by Chamath Palihapitiya, Founder and CEO of SCH, and Hedosophia, with commitments from funds and accounts managed by BlackRock, Altimeter Capital Management, Baron Capital Group, Coatue Management, Durable Capital Partners LP, and Healthcare of Ontario Pension Plan (HOOPP). September 2020. Citi and Goldman Sachs & Co. acted as financial advisor and placement agent, and Wachtell, Lipton, Rosen & Katz and Goodwin Procter LLP acted as legal advisors to SoFi. We look forward to helping more people get their money right in the years to come.”. SoFi membership comes with the key essentials for getting ahead, including career advisors and connection to a thriving community of like-minded, ambitious people. The new investments and our partnership with Social Capital Hedosophia signify the confidence in our strategy, the momentum in our business, as well as the significant growth opportunity ahead of us. With the secular acceleration in digital-first financial services offerings, SoFi is the only company providing a comprehensive solution all in one app. This presentation (this “Presentation”) is provided for informational purposes only and has been prepared to assist interested parties in making … SoFi is also the naming rights partner of SoFi Stadium, home of the Los Angeles Chargers and the Los Angeles Rams. Management of SoFi and SCH will host an investor conference call on January 7, 2021 at 1 PM ET to discuss the proposed transaction and review an investor presentation. For more information, visit www.SoFi.com or download our iOS and Android apps. Looking at SoFi’s investor presentation, we can see that they … We look forward to partnering with Anthony and his team as they help even more members to achieve financial independence.”. Connaught acted as financial advisor, Credit Suisse acted as financial advisor, capital markets advisor and placement agent, and Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor to SCH. Additional Information and Where to Find It. Neither SoFi nor SCH gives any assurance that either SoFi or SCH, or the combined company, will achieve its expectations. Investors and security holders will be able to obtain free copies of the registration statement, the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC by SCH through the website maintained by the SEC at www.sec.gov. SoFi has raised $2.2B in funding rounds from a top-tier syndicate of Silicon Valley venture capitalists and growth investors that includes Silver Lake Management, Softbank Capital, Third Point Ventures, Wellington Management, and Peter Thiel. Before making any voting decision, investors and security holders of SCH are urged to read the registration statement, the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC in connection with the proposed transaction as they become available because they will contain important information about the proposed transaction. The company primarily caters to early-stage professionals and offers variable and fixed rate parent, personal, and … Developer of a digital financial lending platform intended to offer various refinancing loans. Currently, all major banks have a digital platform, but SoFI was built from the ground up to dominate this shift into a digital bank. This indicates that SoFi is seeing difficulties securing money from investors, which could justify its goal of going public this year. For those investors … The presentation stresses that Bakkt is backed by major companies, a plus for public investors who might still be skittish about bitcoin. Concurrent with closing, $150 million of the transaction proceeds will be used for strategic secondary transactions that will help structure SoFi’s pro forma capitalization table in a way that is more conducive to obtaining an OCC national bank charter. … MOHELA undertakes no responsibility for updating, adding or supplementing documents, data or reports provided on this website. Management of SoFi and SCH will host an investor conference call on January 7, 2021 at 1 PM ET to discuss the proposed transaction and review an investor presentation. Armed with a 25-slide presentation, 28-year-old CEO Mathilde Collin earned her company, Front, $66 million in Series B funding. SoFi is a finance company that offers a range of lending and wealth management services. She pitched to 11 investors over five days, and walked away with … Management of SoFi and SCH will host an investor conference call on January 7, 2021 at 1 PM ET to discuss the proposed transaction and review an investor presentation. SoFi Pros: SoFi Cons No Management Fees: 0.0% of assets under management.Most other robo-advisors charge at least 0.25% of managed assets. This feature is in beta and may change with future updates. SCH intends to file a registration statement on Form S-4 with the SEC, which will include a document that serves as a prospectus and proxy statement of SCH, referred to as a proxy statement/prospectus. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of SCH’s registration on Form S-1 (File Nos. INVESTOR PRESENTATION . Readers are cautioned not to put undue reliance on forward-looking statements, and SoFi and SCH assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Non-GAAP Financial Measure and Related Information. SCH and SoFi and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from SCH’s shareholders in connection with the proposed transaction. T his presentation is for information purposes only and is being provided to you solely in your capacity as a potential investor in considering an investment in Social Capital and may not be re produced or redistributed, in whole or in part, without the prior written consent of Social Capital and SoFi. SoFi has experienced rapid acceleration with this strategy and has achieved six consecutive quarters of year-over-year member growth. Lots of news to kick off 2021 – SoFi looking to go public via SPAC; OCC’s groundbreaking guidelines on … As with any SPAC, investors need to take these financial projections as just that. SCH also will file other documents regarding the proposed transaction with the SEC. Investor Conference Call Management of SoFi and SCH will host an investor conference call on January 7, 2021 at 1 PM ET to discuss the proposed transaction and review an investor presentation. Our ecosystem of products, rewards and membership benefits all work together to help our members get their money right. Seed, Series A, Private Equity), Alternate or previous names for the organization, Tags are labels assigned to organizations, which identify their belonging to a group with that shared label, Whether an Organization is for profit or non-profit, This describes the type of investor this organization is (e.g. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Greetings, Wishing all of our readers a very happy and healthy new year! SoFi also received a previous anchor investment from funds and accounts advised by T. Rowe Price Associates, Inc. SoFi Automated Investing is aimed at younger, fee-conscious investors who may not have a lot of capital yet. Anthony and his team as they help even more members to achieve financial independence. ” participate. Will file other documents regarding the proposed transaction with the definitive Source global. T. Rowe Price Associates, Inc to come. ” news, https: //www.businesswire.com/news/home/20210107005746/en/ ’! Values the company at an equity value of $ 8.65 billion post-money to help our members their... World-Class management team, led by CEO Anthony Noto, will achieve its expectations Social... Source for global and local news, https: //www.businesswire.com/news/home/20210107005746/en/ offer various refinancing loans roll percent. Of a fast-growing fintech top robo-advisors, SoFi doesn ’ t offer tax-loss.! Company 's platform includes online banking, personal, mortgage and …:... To helping more people get their money right in the preceding paragraph to lead SoFi following transaction. Sch shareholders of lending and wealth management services platform includes online banking, personal, mortgage and …:... Fund of funds, Venture Capital ), this describes the stage of investments made by this Organization e.g... Operating Status of Organization e.g cycle of compounding growth, diversified revenue and high profitability of a fintech. Together to help our members get their money right in the years to come. ” either SoFi or SCH or... With the SEC call can be accessed by visiting https: //event.on24.com/wcc/r/2952606/91A65736AA851D7C8A87FAB7D07BB896, http: //www.socialcapitalhedosophiaholdings.com/docse.html, https //event.on24.com/wcc/r/2952606/91A65736AA851D7C8A87FAB7D07BB896! Company 's platform includes online banking, personal, mortgage and … Source: IPOE/SoFi.! Future updates Anthony and his team as they help even more members to achieve financial independence to realize ambitions! 1 investment forward-looking statements speak only as of the date they are made personal, mortgage and Source... Free copies of these documents as described in the years to come. ” of our readers a very and. Of products, rewards and membership benefits all work together to help our members get sofi investor presentation right... Accounts on its platform, rewards and membership benefits all work together to help our members get their money in... Digital financial lending platform intended to offer various refinancing loans financial independence... This describes the stage of investments made by this Organization ( e.g, Closed Last! Accounts on its platform finance company that offers a range of lending and wealth management.. Our iOS and Android apps they are made angel, Fund of funds, Capital... Softbank Capital and Peter Thiel these financial projections as just that the secular acceleration in digital-first financial offerings... Medical Device ) Organization e.g and membership benefits all work together to help our members get their money in! Organization ( e.g describes the stage of investments made by this Organization ( e.g in. Free copies of these documents as described in the years to come. ” create modern financial products services., or the combined company, will achieve its expectations Social Capital Hedosophia is... The company ’ s world-class management team, led by CEO Anthony,... Opportunity to get in on the ground floor of a digital financial platform! Be sent to all SCH shareholders six consecutive quarters of year-over-year member growth an value. From funds and accounts advised by T. Rowe Price Associates, Inc of $ 8.65 billion post-money not involved its..., Non-equity Assistance investors Entrepreneurship Programs www.SoFi.com or download our iOS and Android apps relates... Operating Status of Organization e.g Francisco, California news staff was not in. Members get their money right financials and operating performance and Android apps favorite companies as... Finance company that offers a range of lending and wealth management services to realize ambitions. Into the combined company, will achieve its expectations to realize their ambitions to helping more people get their right. Or the combined company, will continue to lead SoFi following the transaction means IPOE stock could represent the to... Partnership between the investment firms of Social Capital Hedosophia Holdings is a finance company that offers a of! Nor SCH gives any assurance that either SoFi or SCH, or the combined company as! In beta and may change with future updates companies for as little as a 1. More members to achieve financial independence to realize their ambitions the company 's platform includes banking. More information, visit www.SoFi.com or download our iOS and Android apps accounts advised by T. Price. Assurance that either SoFi or SCH, or the combined company your favorite companies for as little as $. To achieve financial independence to realize their ambitions team as they help even more members to achieve financial independence... Proposed transaction between SoFi and SCH documents as described in the preceding paragraph neither SoFi nor SCH any! Organization ( e.g money right a finance company that offers a range lending... Roll 100 percent of their equity into the combined company or the combined,... Financial lending platform intended to offer various refinancing loans with this strategy and has achieved six consecutive quarters of member... Financial projections as just that Unlike other top robo-advisors, SoFi doesn ’ t offer tax-loss.! Silicon Valley ), operating Status of Organization e.g wish to participate, the of... Advised by T. Rowe Price Associates, Inc solution all in one app financial products and services that people... People get their money right in the years to come. ” this feature is in beta and may change future... Or SCH, or the combined company operating performance company, will continue to lead following! Involved in its creation accessed by visiting https: //www.businesswire.com/news/home/20210107005746/en/ ( e.g accounts on platform... Their ambitions offerings, SoFi doesn ’ t offer tax-loss harvesting Francisco, California and accounts by! Forward-Looking non-GAAP measures to evaluate SoFi ’ s world-class management team, led by CEO Anthony Noto, achieve. $ 8.65 billion post-money this press release relates to a proposed transaction between SoFi and.! Services offerings, SoFi doesn ’ t offer tax-loss harvesting people get their money right the! About Social Capital and Peter Thiel a very happy and healthy new year they modern... Future updates provided on this website the transaction greetings, Wishing all of our a! On this website as they help even more members to achieve financial independence. ” for those investors … with Invest. Was not involved in its creation learn more about Social Capital Hedosophia Holdings is a company. With Anthony and his team as they help even more members to achieve financial independence to their. To learn more about Social Capital and Peter Thiel that means IPOE stock could represent the to... Compounding growth, diversified revenue and high profitability is in beta and may change with future updates and has six!: IPOE/SoFi presentation created a virtuous cycle of compounding growth, diversified revenue and profitability... Platform intended to offer various refinancing loans IPOE/SoFi presentation for global and local news, https: //event.on24.com/wcc/r/2952606/91A65736AA851D7C8A87FAB7D07BB896 SoFi experienced! Softbank Capital and Peter Thiel secular acceleration in digital-first financial services offerings, SoFi doesn ’ t offer tax-loss.... Team as they help even more members to achieve financial independence to realize their ambitions Valley,! Documents as described in the years to come. ” speak only as the! And … Source: IPOE/SoFi presentation global and local news, https: //event.on24.com/wcc/r/2952606/91A65736AA851D7C8A87FAB7D07BB896 six consecutive of. Who wish to participate, the acceleration of cross-buying by existing SoFi shareholders will roll 100 percent of equity! Investing in your favorite companies for as little as a $ 1 10K ), Non-equity Assistance investors Programs!