SoFi to go public in merger with Chamath Palihapitiya’s newest SPAC

Consumer financial services startup SoFi is going public via a merger with special purpose acquisition company Social Capital Hedosophia Holdings Corp V, one of a series of blank-check companies formed by venture capital investor Chamath Palihapitiya. The deal, confirmed by SoFi, would value the fintech at $8.65 billion according to the company’s statement. It includes … Continue reading SoFi to go public in merger with Chamath Palihapitiya’s newest SPAC