Former Deutsche Bank Exec Anshu Jain Joins SoFi BoardFebruary 29, 2016 | By: deBanked Staff
SoFi has made news again — and this time garnering some serious industry cred.
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