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Online Lender SoFi Seems to Push Back IPO Plans, Raising $1B
- pbreit 11y agoSo, is this all equity funds? Wouldn't a lender like this just secure some cheaper money to fund its loans? All this new age lending seems crazy to me. I've tried a few out but usually get 20-30% offers vs 7% at a CU and 10-12% at a regular bank/cc issuer.