Two More Senior Employees Leave SoFi

According to the WSJ, SoFi’s head of banking Arkadi Kuhlmann and general manager of asset management Peter Early, are both leaving the firm. The personnel move has to do with the fact that SoFi is no longer pursuing a bank charter while also pulling back on its plans for its asset management business.

It has been a tumultuous year for SoFi. On top of its former CEO Michael Cagney resigning in a scandal, co-founder Dan Macklin, chief financial officer Nino Fanlo, and chief revenue officer Michael Tannenbaum have all also left the company.