SoFi Is in Talks With Qatar for $500 Million Funding Round

www.bloomberg.com

SoFi is back on the fundraising trail, in talks to raise $500m from the Qatar Investment Authority and others. With the valuation staying put, it looks like the company is trying to shore up its coffers in anticipation of the pending but no one really knows when but it’s coming for sure right recession. Originally prepping to go public this year, it looks like the business is taking a bit longer to get there. Better safe than sorry.

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