SoFi - M&A Summary and Business Overview

Financial ServicesCompany

SoFi M&A Summary

SoFi has acquired 3 companies, including 2 in the last 5 years. A total of 1 acquisition came from private equity firms.

SoFi’s largest acquisition to date was in 2020, when it acquired Galileo Financial Technologies for $1.2B. SoFi has acquired in 3 different US states. The Company’s most targeted sectors include information technology (67%) and software (34%).

SoFi Business Overview

Where is SoFi headquartered?

SoFi is headquartered in San Francisco, California.

What sector is SoFi in?

SoFi is a financial services company.

When was SoFi founded?

SoFi was founded in 2011.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1
  • M&A Advisors 2

SoFi

Social Finance, Inc.

One Letterman Drive, Building C Main Floor, Suite 250,
San Francisco, California 94129
United States,
(866) 357-6342
www.sofi.com

SoFi is a finance company taking a radical approach to lending and wealth management. From unprecedented products and tools to faster service and open conversations, we’re all about helping our members get ahead and find success. SoFi was founded in 2011 and is based in San Francisco, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 1 1 - 1 - - 3
vol $1.2B $1.1B $2.3B
Sell (0.0/yr) # - - - - - - 0
  3

Most Recent M&A

Company Date Value Type
Technisys 2022-02-22 1.1B USD Add-on Acquisition
Miami, Florida · www.technisys.com
Galileo Financial Technologies, Inc. 2020-04-07 1.2B USD Add-on Acquisition
Salt Lake City, Utah · www.galileo-ft.com
Zenbanx Holding Ltd. 2017-02-01 - Add-on Acquisition
Claymont, Delaware · www.zenbanx.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 2 (67%) 1.2B (52%) - -
Software 1 (33%) 1.1B (48%) - -
Total 3 $2.3B - -

By Geo

State/Country Buy Value Sell Value
United States 3 2.3B - -
  Utah 1 1.2B - -
  Florida 1 1.1B - -
  Delaware 1 - - -
Total 3 $2.3B - -

Top M&A Advisors

Financial Deals
Citigroup Investment Banking
 1
Goldman Sachs
 1

Deal Values

buy # Total
> $1B 2 $2.3B
TOTAL $2.3B
Largest Galileo Financial Technologies, Inc.
$1.2B (2020-04-07)

M&A Connections

Deals
Acquired from
Investor(s)
33%
1 (33%)

Company Summary

SECTOR

Financial Services

Established

2011

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