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SoFi Looks to Qatar Investment Authority with Hopes of Raising $500M

Lending startup SoFi is in negotiations with the Qatar Investment Authority to raise $500 million. So reports Cruchbase News.

The company has a reported $4.3 billion valuation and has already raised $2 billion from investors, including SoftBank, Third Point Ventures and Silver Lake Partners. The company has run into some financial and legal trouble in recent months prior to this latest attempt to raise cash.

Read the full article from Crunchbase News.

 

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