SoFi Stock News

The deal is expensive but is expected to significantly grow revenue in SoFi''s tech division in future years.

RIO DE JANEIRO, BRAZIL - Fintech company Technisys was acquired by SoFi Technologies for US$1.1 billion, becoming a new Argentine unicorn. Founded by Argentine Miguel Santos, the company will partner with SoFi to offer personalized financial services to its customers and allow other banks or technology companies to use its platform. Technisys develops software solutions […] The post Technisys fintech acquired for US$1.1 billion, becoming a new unicorn of Argentina appeared first on The Rio Times .

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The market has been upended as Russia invades Ukraine, but it''s a great buying opportunity. SoFi is building an empire to become the bank of the future. And Luke gives his take on Lucid and Matterport stock. The post Podcast: Does Russia’s Ukraine Invasion Create a Historic Buying Opportunity? appeared first on InvestorPlace .

SoFi Technologies (SOFI) has set its sights on becoming the the “Amazon Web Services of Fintech.” On Tuesday, the company announced a development which …

Thursday''s top analyst upgrades and downgrades included Caesars Entertainment, Chevron, Exact Sciences, Exxon Mobil, Gap, Ginkgo Bioworks, Home Depot, New York Mortgage Trust, Novavax, NOV and SoFi Technologies.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips SoFi is set to report its fourth-quarter earnings on March 1. The company has been growing rapidly. And investors can''t wait for them to reveal what they''ve accomplished in this time. The post SoFi Stock Offers a Fintech Play in the Disruption of Financial Services appeared first on InvestorPlace . 7 of the Top Restaurant Stocks to Serve Up

NEW YORK : Wall Street stocks finished decisively lower yesterday after an early rally sputtered amid worries over the Ukraine crisis and shifting Federal Reserve (Fed) policy. It was the fourth straight drop for major indices, reflecting unease at the deteriorating outlook in Ukraine, especially after Russian President Vladimir Putin recognised two eastern provinces'' independence earlier this week. The Dow Jones Industrial Average fell 464.85 points, or 1.38%, to 33,131.76, the S&P 500 lost 79.26 points, or 1.84%, to 4,225.5 and the Nasdaq Composite dropped 344.03 points, or 2.57%, to 13,037.49. The Dow came within a hair''s breadth of confirming it was in a correction yesterday, while the S&P 500 in the previous session confirmed it was in a correction when the index ended down more than 10% from its Jan 3 closing record high. A correction is confirmed when an index closes 10% or more below its record closing level. The Nasdaq has tumbled more than 16% so far this year, Yesterday, Ukraine''s parliament imposed a national state of emergency aimed at helping to forge a response to the threat of a full-scale Russian invasion.

US neobank SoFi plans to acquire cloud-based core-banking provider Technisys and pair it up with banking-as-a-service (BaaS) subsidiary Galileo.

Digital personal finance company SoFi Technologies Inc. agreed to acquire Technisys, a cloud-native, digital multi-product core banking platform. Technisys shareholders will receive aggregate consideration of 84 million shares of SoFi, less than 10 percent of SoFis fully diluted share count as of September 30, 2021. The shares have an aggregate value of $1.1 billion based on the volume-weighted []

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Ark Innovation fund, SoFi Technologies, Lowe''s and DWAC were our top stock trades for Wednesday. Now, let''s get a look at the charts. The post 4 Top Stock Trades for Wednesday: ARKK, SOFI, LOW, DWAC appeared first on InvestorPlace . More From InvestorPlace Stock Prodigy Who Found NIO at $2 Says Buy THIS Now Man Who Called Black Monday: Prepare Now. Get in Now on Tiny $3 Forever Battery Stock Interested in Crypto? Read This First

SoFi Technologies (SOFI) is falling 10% in late session trading after the company agreed to buy banking software maker Technisys for $1.1B in stock.Stocks of acquirers often fall

SoFi Technologies Inc (NASDAQ: SOFI ) is trading lower Tuesday after the company announced it entered into a definitive merger agreement to acquire Technisys. Technisys operates a cloud-native, digital multi-product core banking platform. The platform will help SoFi provide best-of-breed products as a one-stop-shop financial services platform, as well as build on the company''s pursuit to become the Amazon.com Inc (NASDAQ: AMZN ) Web Services of fintech. "Technisys has Full story available on Benzinga.com

SoFi is buying banking software provider Technisys, while Apollo Global Management plans to scoop up Worldlines point of sale terminal business for $2.6 billion.