Social Finance, Inc., a leading next-generation financial services platform, and Social Capital Hedosophia Holdings Corp. V (NYSE:IPOE) ("SCH"), a publicly traded special purpose acquisition company, today completed their previously announced transaction to take SoFi public. The transaction forms a leading, publicly traded consumer-focused financial technology platform named SoFi Technologies, Inc. ("SoFi" or the "Company"). The combined company is expected to start trading on The Nasdaq Global Select Market ("Nasdaq") on June 1, 2021 under the new ticker symbol "SOFI" for SoFi common stock and "SOFIW" for SoFi warrants. SoFi raised approximately $2.4 billion in cash proceeds from the tran

Extraordinary general meeting of IPOE shareholders to approve proposed business combination with SoFi to be held on May 27, 2021 at 12 p.m. ET Shareholders as of the close of business on April 29, 2021 should vote their shares, no matter how many shares they own For assistance voting your shares, please visit voteIPOE.com or contact Morrow Sodali LLC, Social Capital Hedosophia Holdings Corp. V's proxy solicitor, toll-free at +1.800.460.1014, or send a message to [email protected] Social Capital Hedosophia Holdings Corp. V ("SCH" or the "Company") (NYSE:IPOE), a publicly traded special purpose acquisition company, recommends its shareholders vote in favor of the Comp

Social Capital Hedosophia Holdings Corp. V (NYSE:IPOE) ("SCH" and, after the Domestication as described below, "SoFi Technologies") today announced the pending transfer of the listing of its Class A ordinary shares, par value $0.0001 per share (the "SCH Class A ordinary shares") and redeemable warrants (the "SCH warrants") from the New York Stock Exchange ("NYSE") to the Nasdaq Global Select Market ("Nasdaq") in connection with its pending business combination with Social Finance, Inc. ("SoFi"). Prior to the consummation of the business combination, SCH will domesticate as a Delaware corporation and will change its name to "SoFi Technologies, Inc." (the "Domestication"). In connection with

Ulu Ventures, a leading seed stage venture firm in Silicon Valley focused on enterprise IT, raised $138M for Fund III, exceeding its initial $100M target. The fund strategy will continue Ulu's commitment to funding diverse teams creating industry-leading market opportunities. Ulu's institutional investors include: higher education endowments the University of Rochester and Grinnell College; 7 foundations such as the John D. and Catherine T. MacArthur and Harry and Jeanette Weinberg Foundations; public pension fund investor Los Angeles Fire and Police Pension; and leading financial institutions Bank of America and Goldman Sachs. Funds of funds, including Black and/or women-led firms Fairvie

NEW YORK, Jan. 11, 2021 /PRNewswire/ -- SoFi, A Leading Next-Generation Financial Services Platform, Announces Plans to Become Publicly-traded via Merger with Social Capital Hedosophia. SoFi has entered into a definitive agreement with Social Capital Hedosophia Holdings Corp. V ("SCH") (NYSE: IPOE), a publicly traded special purpose acquisition company, to bring a major consumer-focused financial technology business to the public markets. The transaction values the Company at an equity value of $8.65 billion post-money. The PIPE is being led by Chamath Palihapitiya, Founder and CEO of SCH, and Hedosophia, who are together contributing $275 million; top-tier institutional investors compris

SAN FRANCISCO & PALO ALTO, Calif.--(BUSINESS WIRE)--Social Finance, Inc. (“the Company” or “SoFi”), a leading next-generation financial services platform, has entered into a definitive agreement with Social Capital Hedosophia Holdings Corp. V (“SCH”) (NYSE: IPOE), a publicly traded special purpose acquisition company, to bring a major consumer-focused financial technology business to the public markets. The transaction values the Company at an equity value of $8.65 billion post-money. Company Overview SoFi is a member-centric, one-stop shop for financial services, including loan refinancing, mortgages, personal loans, credit cards, insurance, investing and deposit accounts, that h

4 - SoFi Technologies, Inc. (0001818874) (Issuer)

4 - SoFi Technologies, Inc. (0001818874) (Issuer)

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425 - Social Capital Hedosophia Holdings Corp. V (0001818874) (Subject)

425 - Social Capital Hedosophia Holdings Corp. V (0001818874) (Subject)

425 - Social Capital Hedosophia Holdings Corp. V (0001818874) (Subject)

NEW YORK, Jan. 11, 2021 /PRNewswire/ -- SoFi, A Leading Next-Generation Financial Services Platform, Announces Plans to Become Publicly-traded via Merger with Social Capital Hedosophia. SoFi has entered into a definitive agreement with Social Capital Hedosophia Holdings Corp. V ("SCH") (NYSE: IPOE), a publicly traded special purpose acquisition company, to bring a major consumer-focused financial technology business to the public markets. The transaction values the Company at an equity value of $8.65 billion post-money. The PIPE is being led by Chamath Palihapitiya, Founder and CEO of SCH, and Hedosophia, who are together contributing $275 million; top-tier institutional investors compris