Figure, a 13-month-old, San Francisco-based company that says it uses blockchain technology to provide home equity loans online in as little as five days, has raised a whole lot of money in not a lot of time: $120 million to date, including $65 million in fresh funding from RPM Ventures and partners at DST Global, […]
View More SoFi founder Mike Cagney’s new company, Figure just raised another $65 millionCategory: SoFi
FTC finalizes settlement with student loan refinancer SoFi over deceptive advertising
The FTC announced this morning its has approved the final consent order with online student loan refinancer SoFi, which resolves the allegations around the SoFi’s deceptive advertising practices. Last October, the FTC issued a complaint stating that SoFi had been misrepresenting how much money student loan borrowers could save in its online, TV and direct […]
View More FTC finalizes settlement with student loan refinancer SoFi over deceptive advertisingSoFi founder Mike Cagney is back with a new startup and $50 million in funding, too
Mike Cagney, who was ousted last summer from the lending company he founded, is back with a new startup and a whole lot of funding from at least one of his previous investors. According to a new report in Bloomberg, Cagney, who earlier this year formed a new lending startup called Figure, has raised $50 […]
View More SoFi founder Mike Cagney is back with a new startup and $50 million in funding, tooMIT’s soft robotic fish is studying real ones in Fiji
MIT CSAIL just revealed footage of SoFi, the lab’s robotic fish, which looks right at home swimming amongst the coral reefs of Fiji. The project is an attempt to create an autonomous underwater vehicle that looks as close to a real fish as possible, in hopes of studying marine life without disturbing them in the process. […]
View More MIT’s soft robotic fish is studying real ones in FijiTwitter COO Anthony Noto resigns to become SoFi CEO
Twitter COO Anthony Noto has left the company, Twitter announced Tuesday. Noto’s leaving because he accepted a CEO role elsewhere, according to the release. Just last week, the WSJ reported that Noto was mulling the top executive job at finance startup SoFi, and indeed SoFi confirmed today that he’s joining effective March 1. Regarding Noto’s Twitter departure, CEO Jack… Read More