Sofi Scandal news and trends

Sofi Scandal Cost Its Bank Application
Legal // September 18, 2017

Online lender SoFi’s sex scandal, which resulted in the company’s chief executive stepping down, is dashing its chances of becoming a bank. According to a news report in the Financial Times that cited a close adviser and former chairman of the Securities and Exchange Commission,...

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SoFi CTO Steps Down

September 26, 2017
Social Finance’s top technology executive, June Ou, has decided to leave the company, making her the fourth senior SoFi executive to leave the firm in recent months. A news report in The Wall Street Journal said that Ou, who is the wife of former Chief Executive Mike Cagney, has worked at SoFi since 2012, most […]

Sofi Scandal Cost Its Bank Application

September 18, 2017
Online lender SoFi’s sex scandal, which resulted in the company’s chief executive stepping down, is dashing its chances of becoming a bank. According to a news report in the Financial...