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SoFi Unveils Digital Wealth Management Platform, SoFi Wealth

Fintech Labs Insights

Less than a month after announcing its new $105 million SoFi Prime Income Fund to help raise funds to issue loans, online lending innovator SoFi is making headlines again with the launch of SoFi Wealth. The presentation focused on how Quovo developed a bank authentication API for SoFi that both improved security and streamlined UX.

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Fintech with The Jetsons at FinovateFall 2016

Fintech Labs Insights

We’ve seen authentication strategies evolve from a simple username and password to biometric technologies that leverage voice, behavioral, and facial recognition, as well as device tokenization and Touch ID to help banks increase security while decrease friction for end consumers. Status quo is no longer an option. Collaboration.

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The 2022 GonzoBanker Awards

Gonzobanker

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Goes to MoneyLion for lots of obvious inappropriate behavior including violating the Military Lending Act regarding capped lending rates. Acquisition of the Year: The No Time to Breathe Award. The Appropriate CFPB Target Award. Goes to CSI.

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Fintech Fundings: 21 Companies Raise $260 Million Week Ending Feb 12

Fintech Labs Insights

Tags: Consumer, SMB, loans, credit, lending, underwriting.

Company 12
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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

In each instance, we tore apart the UX and UI of each tool, looked at their growth and revenue numbers, pored through interviews with founders and early employees, researched their public reception, talked to employees, and did our own math. social security number (for tools like Robinhood and Credit Karma). Your SECURITY QUESTIONS????

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