SoFi raise, Experian losing, Amazon rumors… — weekly roundup

  1. Social Finance is nearing a $500 million raise at a $4.3 billion valuation The deal would include the acquisition of SoFi’s loans. Both Silver Lake and SoftBank are involved. The latter previously invested $1 billion in SoFi.
  2. Experian seeks to challenge Credit Karma with free credit reports, but they will face an uphill battle.
  3. Amazon Rumored to buy Capital One. “Amazon is already a merchant, payment processor and a credit card issuer. With the acquisition of Capital One, Amazon…could offer this service to all of the merchants participating in its ecosystem.”

**Bonus: attend our next meetup with presenters from, Stripe, Credit Karma and Xignite talking about “Launching Products in Fintech” Mar 29 in SOMA. register here