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October 1, 2015 01:33 am GMT

Online Lender SoFi Seems To Push Back IPO Plans, Raising $1 Billion

Screen Shot 2015-09-30 at 6.36.13 PMBack in May, Mike Cagney, the CEO of online lender Social Finance,told CNBC’s “Squawk Box” that his company was “profitable andas any private company we want to be opportunistic about when we go public,” adding that,“realistically in the next 12 months, it will happen.”That plan mighthave just changed. This morning, SoFi, as the company is… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/uX44r_FOMO4/

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