SoFi is buying banking-software firm Technisys for about $1.1 billion, the latest in a string of deals designed to turn the lender into a one-stop financial shop
SoFi Technologies Inc. is buying banking-software maker Technisys SA for about $1.1 billion, the latest in a string of deals designed to transform the lender into a one-stop financial shop.
The all-stock deal is equivalent to roughly 10% of SoFi’s market value. The deal gives SoFi control of its own core-banking platform, the back-end technology that banks use to power mobile-banking apps, open accounts and keep track of customer deposits.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Volvo aims to build its electric vehicles using advanced single-cut mega-castingVolvo Cars is investing SEK 10 billion ($1.1 billion) in its manufacturing plant in Sweden to add mega-casting to its processes
Leer más »
WSJ News Exclusive | Yale Law School to Cover Full Tuition and Fees for Lowest-Income StudentsYale Law School will begin covering full tuition for its lowest-income students next fall, as the elite graduate program aims to diversify its ranks and make obtaining a law degree more affordable
Leer más »
EXCLUSIVE U.S. plans to cut ties with targeted Russian banks if Ukraine is invaded - sourcesPresident Joe Biden's administration has prepared an initial package of sanctions against Russia that includes barring U.S. financial institutions from processing transactions for major Russian banks, three people familiar with the matter said.
Leer más »
EXCLUSIVE Contracts show Lebanon's central bank obscured recipients of commissionsFor more than a decade, Lebanon's central bank charged commercial banks in the country commissions when they bought government securities without making clear that the bulk of those commissions went to a company controlled by the brother of the central bank's governor, according to documents seen by Reuters.
Leer más »
Ethereum Whale Buys 47 Billion Shiba Inu Tokens While Holding $116 Million Worth of SHIBWhale increases Shiba Inu position as token trades at a significant discount
Leer más »
Electric Car Owners in D.C. Get Creative To Find A ChargeCords across the sidewalk are discouraged. Meanwhile, $5 billion will arrive from the infrastructure bill, but it won't address charging in tight urban neighborhoods.
Leer más »