Wednesday, May 10, 2017

SoFi plans to apply for a bank charter in the next month

 With an eye on providing banking services later this year, online lending startup SoFi is planning to apply for an industrial bank charter in the next month, according to CEO Mike Cagney. If approved, it would become the first company to receive a new industrial loan company (ILC) charter in a decade. Read More

by Ryan Lawler via Endless Supplies .Ca - News

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