Famous short seller targets crypto-friendly bank in new report

Founded in 2011, SoFi Technologies, Inc. (Nasdaq: SOFI) is an American fintech company that operates as a nationally chartered online bank. It offers personal loans, student loans, auto loans, and credit cards. The social finance firm went public through a merger with Social Capital Hedosophia Holdings Corp. V, a special-purpose acquisition company (SPAC) backed by the billionaire Chamath Palihapitiya, in 2021. Chamath Palihapitiya, co-founder and chief executive officer of Social+Capital Partnership LLC ...