Former Deutsche Bank Exec Anshu Jain Joins SoFi Board

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SoFi has made news again — and this time garnering some serious industry cred. 

After its controversial SuperBowl ad and the proposed dating app, the student loan lender has hired former head of Deutsche Bank, Anshu Jain as a board member.

Anshu Jain joins SoFi board

Anshu Jain, who resigned from the German bank as its co-chief exeutive officer will join SoFi as an adviser initially and help the company secure long-term capital. In December last year, the company hired Barbara Lambotte, a twelve year veteran of Moody’s Investors Service, to the capital markets team.  These high-profile hires mark a significant step in bringing attention to the fast-growing online lending market.

San Francisco-based SoFi, valued at $4 billion,  funded over $6 billion in loans across various products including mortgages, personal loans and student loan refinancing and this year launched the sale of a $551 million securitization offering.

Last modified: February 29, 2016

Category: Marketplace Lending

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