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Social Finance Inc.

SoFi is transforming the student loan industry by connecting student and graduate borrowers with alumni investors economically and socially.

  • Stage $1M in TTM Revenue
  • Industry Financial Services
  • Location San Francisco, CA, USA
  • Currency USD
  • Founded April 2011
  • Employees 70
  • Website sofi.com

Company Summary

SoFi administrates school-specific student loan funds centered around 78 U.S. colleges and universities. SoFi is able to offer alumni and institutional investors a competitive financial return while granting access to better student loans for students and recent graduates by leveraging the transparency and accountability of community investing.

Team

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    Mike Cagney
    Chief Executive Officer

    Mike is a co-founder and managing partner of Cabezon Investment Group, a global macro hedge fund. Mike founded, was CEO and Vice Chairman of Finaplex, a leader in wealth management software, sold to Broadridge (NYSE: BR). Before Finaplex, Mike was Senior Vice President and head trader for the proprietary trading and financial products group at Wells Fargo Bank.

    Mike holds an M.S., Management degree from the Stanford Graduate School of Business

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    Nino Fanlo
    Chief Financial Officer

    Nino Fanlo is SoFi’s Chief Financial Officer, bringing over 30 years of experience in financial services and capital markets. Nino was the former CEO of KKR Financial and Executive Vice President and Treasurer of Wells Fargo.

    Nino is a member of the Board of Directors of Capmark Financial (formerly GMAC Commercial Holdings) and holds a BA degree in economics from Haverford College in Pennsylvania.

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    Adam Boyden
    Chief Operating Officer

    Adam was President of Conduit, helping the company grow into the largest and most profitable Internet firm in Israel, General Manager at Xfire, a leading PC Gaming community acquired by MTV Networks (VIAB), and CEO and co-founder of Openlane, acquired by KAR Holdings (KAR). Adam is a Venture Advisor to RPM Ventures.

    Adam holds a BSc Engineering Science from the University of Exeter and a MBA from the Graduate School of Business at Stanford.

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    Rob Lavet
    General Counsel

    Rob served as a Principal in the Education and Litigation practice groups of the Washington, DC law firm of Powers Pyles Sutter & Verville (PPSV). Prior to PPSV, Rob served as General Counsel to Sallie Mae, a Fortune 300 company and the largest provider of education finance. Before his 16 year career with SLM, Rob served as a Partner in the Washington D.C. law firm of Cole Corette & Abrutyn specializing in corporate and securities litigation.

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    Chris Lalli
    Head of Capital Markets

    Chris spent 25 years at Goldman Sachs & Co. where he was a Managing Director and West Coast Head of Fixed Income Sales. As Regional Manager while at Goldman Sachs, Chris provided strategic direction for his team while covering and overseeing relationships for institutional clients across the West Coast including large money managers, banks, hedge funds, pension plans, endowments and insurance companies.

Advisors

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    In-house Counsel (Rob Lavet) and Milbank, Tweed, Hadley & McCloy LLP
    Lawyer
    Unconfirmed
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    OUM & Co. LLP
    Accountant
    Unconfirmed

Previous Investors

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    Baseline Ventures
    Unconfirmed
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    Doll Capital Management
    Unconfirmed
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    RPM Ventures
    Unconfirmed