![]() ![]() For the full year, SoFi’s total issuance was $6.9 billion.Ī financing innovator, SoFi provides student loan refinancing, as well as mortgages and personal loans. The company said that in the fourth quarter of 2017 it completed its largest securitizations to date for refinanced student loans ($776 million) and personal loans ($727 million). SoFi announced surpassing $25 billion in funded loans last year, and reported that its student loan refinancing products helped borrowers save more than $2 billion. Noto arrives at a time of significant growth for the company. “I’m excited to work with Tom and the rest of the SoFi team.” “SoFi has a significant opportunity to build on its leadership position in student and personal loans to revolutionize consumer finance and build a next-generation financial services company,” Noto said. Military Academy, and has an MBA from University of Pennsylvania’s Wharton School of Business. From 2008 to 2010, Noto was CFO for the National Football League. ![]() He came to Twitter after serving as co-head of global TMT investment banking at Goldman Sachs, a firm he first joined in 1999, and where he was named partner in 2004. Starting at Twitter as Chief Financial Officer in 2014, Noto became COO in November 2016. We could not be more excited to have someone of his caliber on board.” “The SoFi board unanimously agrees that Anthony’s deep understanding of technology, consumer, and financial businesses make him the perfect fit to be SoFi’s CEO. “We are simply thrilled to have found someone of Anthony’s expertise and knowledge to lead SoFi,” interim CEO Tom Hutton said. His destination? A job as Chief Executive Officer for lending and wealth management firm, SoFi. Social media’s loss is social finance’s big gain.Īnthony Noto, Chief Operating Officer for Twitter, has stepped down from his post at the popular social networking platform. ![]()
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