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SoFi Stadium 2023
SoFi Technologies, Inc. (abbreviated as SoFi) is an American personal finance and fintech, financial technology company. Founded in 2011 at Stanford University, it operates as a direct banking, direct bank and provides its Platform as a service, technology platform to other financial institutions. SoFi is the largest Online lenders, online lender in the U.S., and has 11 million customers as of 2025. In its initial years, SoFi focused on providing student loans, using data science to assess risk and offer borrowers lower interest rates. Over time, the company expanded its offerings to include mortgages, personal loans, auto loans, credit cards, stock investing, insurance, estate planning and bank accounts, ultimately obtaining a National bank (United States), U.S. bank charter. SoFi also made acquisitions and began providing its technology platform to other financial institutions. History 2011–2013: Founding and early years SoFi, short for Social Finance, was founded at Stanfo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Finance (consultancy)
Social Finance is a not for profit consultancy organisation that partners with governments, service providers, the voluntary sector and the financial community to find better ways of tackling social problems in the UK and globally. Founded in 2007, they have helped pioneer a series of programmes to improve outcomes for individuals with complex needs. Their innovations include the Social Impact Bonds (SIB) model which has mobilised more than £500 million globally in areas such as offender rehabilitation, children and family, homelessness and housing, young people at risk of becoming NEET, mental health and employment, loneliness and social isolation, and domestic violence. History Social Finance's initial team supported the work of the Commission on Unclaimed Assets, which recommended the establishment of a Social Investment Bank in March 2007 and in turn developed the blueprint for what is now named Big Society Capital. Initially financed by a group of philanthropists, late ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Online Lenders
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2010s, this has become the most common way that customers access their bank accounts. The online banking system will typically connect to or be part of the core banking system operated by a bank to provide customers access to banking services in addition to or in place of historic branch banking. Online banking significantly reduces the banks' operating cost by reducing reliance on a physical branch network and offers convenience to some customers by lessening the need to visit a bank branch as well as being able to perform banking transactions even when branches are closed, for example outside the conventional banking hours or at weekends and on holidays. Internet banking provides personal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securitization
Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans, or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt obligations (CDOs). Investors are repaid from the principal and interest cash flows collected from the underlying debt and redistributed through the capital structure of the new financing. Securities backed by mortgage receivables are called mortgage-backed securities (MBS), while those backed by other types of receivables are asset-backed securities (ABS). The granularity of pools of securitized assets can mitigate the credit risk of individual borrowers. Unlike general corporate debt, the credit quality of securitized debt is non- stationary due to changes in volatility that are time ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peer-to-peer Lending
Peer-to-peer lending, also abbreviated as P2P lending, is the practice of loan, lending money to individuals or businesses through online services that match lenders with borrowers. Peer-to-peer lending companies often offer their services online, and attempt to operate with lower Overhead (business), overhead and provide their services more cheaply than traditional financial institutions. As a result, lenders can earn higher returns compared to savings and investment products offered by banks, while borrowers can borrow money at lower interest rates, even after the P2P lending company has taken a fee for providing the match-making Computing platform, platform and credit checking the borrower. There is the risk of the borrower defaulting on the loans taken out from peer-lending websites. Peer-to-peer fundraising encourages supporters of a charity or non-profit organisation to individually raise money. It's a subcategory of crowdfunding. Instead of having one main crowdfunding page ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Morgan Stanley
Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in 42 countries and more than 80,000 employees, the firm's clients include corporations, governments, institutions, and individuals. Morgan Stanley ranked No. 61 in the 2023 Fortune 500 list of the largest United States corporations by total revenue and in the same year ranked #30 in Forbes Global 2000. The original Morgan Stanley, formed by J.P. Morgan & Co. partners Henry Sturgis Morgan (a grandson of J.P. Morgan), Harold Stanley, and others, came into existence on September 16, 1935, in response to the Glass–Steagall Act, which required the splitting of American commercial and investment banking businesses. In its first year, the company operated with a 24% market share (US$1.1 billion) in public offerings and private placements. The current Morgan Stanley is the result of the merger of the origi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barclays
Barclays PLC (, occasionally ) is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. James Barclay became a partner in the business in 1736. In 1896, twelve banks in London and the English provinces, including Goslings Bank, Backhouse's Bank and Gurney, Peckover and Company, united as a joint-stock bank under the name Barclays and Co. Over the following decades, Barclays expanded to become a nationwide bank. In 1967, Barclays deployed the world's first cash dispenser. Barclays has made numerous corporate acquisitions, including of London, Provincial and South Western Bank in 1918, British Linen Bank in 1919, Mercantile Credit in 1975, the Woolwich in 2000 and the North American operations of Lehman Brothers i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ron Suber
Ron Suber is an American investor. He has held executive positions at Bear Stearns, Spectrum Global, Merlin Securities, Wells Fargo Securities, and Prosper Marketplace. He is also an investor in sixteen financial technology companies. Education Ron Suber holds a BA in economics from the University of California, Berkeley. Career Suber began working at Bear Stearns in 1992. In 2006 Suber then joined Spectrum Global as president; the fund held $24 billion under management at that time. In 2008, Suber began working at Merlin Securities in 2008, where he was head of global sales. In 2012 he then moved to Wells Fargo, where he served as managing director of Wells Fargo Securities following Wells Fargo's acquisition of Merlin. Suber served as the president of Prosper Marketplace, until taking the position of president emeritus. He first joined the company in 2013 as an investor. At Prosper, he provided an online lending platform for company founders looking for investment. In this rol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renren
The Renren Network ( zh, s=人人网, hp=Rénrénwǎng, l=Everyone's Network), formerly known as the Xiaonei Network ( zh, c=校内网, hp=Xiàonèiwǎng, l=on-campus network, links=no), was a Chinese social networking service similar to Facebook.Renren, China's 'Facebook', Raises $740 Million in IPO 4 May 2011. ''Wired''. Retrieved 18 June 2011. It was popular among college students. Renren Inc. had its headquarters in Chaoyang District, , with additional offices in |
DCM Ventures
DCM Ventures (commonly DCM, formerly Doll Capital Management) is an American venture capital firm headquartered in Menlo Park, California specializing in early-stage investments in private technology companies. The firm is regarded as one of the first American venture capital firms to invest in early-stage technology companies in Japan, China, South Korea, Southeast Asia, and other emerging markets, starting in 1999. As of 2025, the firm has approximately US$4.5 billion in assets under management. Notable successful investments made by the firm include SoFi, Bill.com, Matterport, Kuaishou, Hims & Hers Health, Careem, TikTok (by way of Musical.ly), and Vipshop. History DCM was founded in 1996 by former Accel partner Dixon Doll, who launched the venture industry’s first telecom-focused fund while at Accel, and Japanese entrepreneur and executivDavid Chao with an initial focus on early-stage investments in semiconductors and communications technology. As internet penetrat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Baseline Ventures
Baseline Ventures is a venture capital investment firm that focuses on seed money, seed and growth-stage investments in technology companies. The company was the first seed investor in Instagram, an early investor of Twitter and has been called "one of Silicon Valley's most successful — and smallest — investment firms" by ''Forbes (magazine), Forbes''. It is headquartered in Jackson, Wyoming. The company's founder and Managing Partner, Steve Anderson, was recognized on ''Fortune (magazine), Fortune's'' 2012 list of "50 Businesspeople of the Year" and included on the ''Forbes'' Midas List from 2012 to 2020. History Anderson founded Baseline in 2006. He previously worked for Kleiner Perkins Caufield & Byers, Microsoft, eBay and Starbucks. Anderson has a Master of Business Administration from Stanford University and has invested in companies founded by Stanford alumni including Kevin Systrom and Mike Krieger of Instagram; Katrina Lake of Stitch Fix; and Jeff Seibert of Crashly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stanford Graduate School Of Business
The Stanford Graduate School of Business is the Postgraduate education, graduate business school of Stanford University, a Private university, private research university in Stanford, California. For several years it has been the most selective business school in the United States, admitting only about 6% of applicants. Stanford GSB offers a general management Master of Business Administration (MBA) degree, the Sloan Fellows, MSx Program (Master of Science, MS in Management for mid-career executives), Stanford LEAD Online Business Program and a Doctorate of Science, PhD program, along with joint degrees with other schools at Stanford, including Stanford University School of Earth, Energy & Environmental Sciences, Earth Sciences, Stanford University Graduate School of Education, Education, Stanford University School of Engineering, Engineering, Stanford Law School, Law, and Stanford University School of Medicine, Medicine. History The school was founded in 1925 when trustee Herb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Bank (United States)
In the United States, a national bank is an ordinary private bank operating within the federal government's regulatory structure, which usually but not always operates in multiple U.S. states, and is under the supervision of the Office of the Comptroller of the Currency. Depending on the matter, it also may have to comply with some U.S. state regulations. It is legally required to be a member of the Federal Reserve System. A national bank in the U.S. is distinguished from a state bank, whose permit or charter is granted by one of the U.S. states, and can only do business in that state. Overview The term ''national bank'' in the U.S. context originally referred to the Revolutionary War–era Bank of North America, its successor, the First Bank of the United States, or that institution's successor, the Second Bank of the United States. The first survives as an acquisition of Wells Fargo, while the others are defunct. In the modern usage since the 1860s, the term ''national bank' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
