Social Finance - M&A Summary and Business Overview

Financial ServicesCompany

Social Finance M&A Summary

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

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

Social Finance Business Overview

Where is Social Finance headquartered?

Social Finance is headquartered in San Francisco, California.

What sector is Social Finance in?

Social Finance is a financial services company.

When was Social Finance founded?

Social Finance 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

Social Finance, Inc. (dba SoFi)

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

Social Finance, Inc. (dba 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.


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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