- Initial year invested: 2015
- Current stage: Exited (Acquisition, IPO)
- Fintech subsector: Personal Finance, Wealth Management
- Group 11 involvement: Invested in Series C round; sold shares in a secondary transaction in 2017.
SoFi is a leader in marketplace lending and the largest provider of student loan refinancing, that has expanded into mortgages and wealth management. SoFi’s affinity-based marketplace connects high-quality alumni borrowers and investors directly, benefiting them both by bypassing the bank.