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. bit.ly/bloomberg-sofi-raise
  2. Experian seeks to challenge Credit Karma with free credit reports, but they will face an uphill battle. bit.ly/experian-challenges-ck
  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.” bit.ly/amazon-cap-one

**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