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May 10, 2017 10:43 pm GMT
With an eye on providing banking services later this year, online lending startup SoFi is planning to apply for an industrial bank charter in the next month, according to CEO Mike Cagney. If approved, it would become the first company to receive a new industrial loan company (ILC) charter in a decade. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/3o-WAQLFt38/
SoFi plans to apply for a bank charter in the next month
With an eye on providing banking services later this year, online lending startup SoFi is planning to apply for an industrial bank charter in the next month, according to CEO Mike Cagney. If approved, it would become the first company to receive a new industrial loan company (ILC) charter in a decade. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/3o-WAQLFt38/
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