Online Lender SoFi Seems To Push Back IPO Plans, Raising $1 Billion

See the original posting on TechCrunch

Screen Shot 2015-09-30 at 6.36.13 PM Back in May, Mike Cagney, the CEO of online lender Social Finance, told CNBC’s “Squawk Box” that his company was “profitable and as any private company we want to be opportunistic about when we go public,” adding that, “realistically in the next 12 months, it will happen.”
That plan might have just changed. This morning, SoFi, as the company is… Read More