SoFi Technologies wraps up acquisition of Golden Pacific Bancorp

SoFi Technologies wraps up acquisition of Golden Pacific Bancorp

SoFi Technologies has wrapped up the previously announced $22.3 million acquisition of California-based bank holding company Golden Pacific Bancorp and its fully-owned subsidiary Golden Pacific Bank, National Association. The deal was announced by the digital personal finance company in March 2021. Virginia Varela — Golden Pacific Bank President and CEO said: “This new partnership will […]

Galileo Financial Technologies to be acquired by SoFi for $1.2bn

Galileo Financial Technologies to be acquired by SoFi for $1.2bn

SoFi acquisition of Galileo : Social Finance (SoFi), a US online personal finance company, has signed a $1.2 billion worth cash-cum-stock deal to acquire Galileo Financial Technologies. Headquartered in Salt Lake City, Utah, Galileo Financial Technologies is a payments and banking technology provider. Through its open APIs, the fintech company’s digital payments platform enables critical […]