Bloomberg Technology

SoFi CEO: Merger With Palihapitiya SPAC a ‘Right Choice’

Jun.01 — SoFi Technologies Inc. CEO Anthony Noto discusses the company’s public debut following a merger with Social Capital Hedosophia Holdings Corp. V, a special-purpose acquisition company founded by venture capitalist Chamath Palihapitiya. He also shares his perspective on the rise of retail traders, competition with Robinhood Financial LLC and U.S. lawmakers’ scrutiny of banks’…

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Jun.01 — SoFi Technologies Inc. CEO Anthony Noto discusses the company’s public debut following a merger with Social Capital Hedosophia Holdings Corp. V, a special-purpose acquisition company founded by venture capitalist Chamath Palihapitiya. He also shares his perspective on the rise of retail traders, competition with Robinhood Financial LLC and U.S. lawmakers’ scrutiny of banks’ overdraft fee policies. Noto speaks to Emily Chang and Sonali Basak on “Bloomberg Technology.”

3 Comments

  1. Joey Keilholz

    June 2, 2021 at 1:07 am

    The method of going public isn’t the point. This company is great.

  2. Joey Keilholz

    June 2, 2021 at 1:11 am

    “well, on that note, is there anything that concerns you?” are you kidding me? That’s not what Sofi users are doing? Why are you making everything as an opposition to Gamestop? Fuck you. It’s not your place to try to stomp on the average person or their rights.

    They aren’t competing with robinhood! Are you kidding me with this interview? He’s totally correct that they are competing with regular banks! Interviewers have a clear, disgusting bias.

    You cannot stop gamestop. You look like fools today and will be laughed at for generations to come. You have a bias to STOP REGULAR PEOPLE FROM MAKING MONEY. We already know you hate us. It’s just disgusting to see you do your owner’s bidding so transparently.

  3. Rachel Ottelé

    June 2, 2021 at 1:18 am

    Nothing to loose “What do they think they’re earning?”

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