IPOE is moving forward with plans to merge with fintech up-and-comer SoFi. SoFi expects revenue to hit $980 million for fiscal 2021 and $3.67 billion by fiscal 2025.Achronix, a semiconductor company, is merging with … The deal values SoFi at around $8.65 billion and is expected to provide up to $2.4 billion in cash proceeds to San Francisco-based SoFi. The deal was announced on Jan.7, and at the time, the firm indicated it would close by the end of first quarter of 2021.Overall, though, IPOE stock (to be renamed Social Finance) looks undervalued as it stands using my calculations. Patron 4 months ago. 8. SoFi is a Fintech unicorn that I believe has the chance to become the Amazon and Netflix of financial services. Share. SoFi … level 1. 43 comments. Can IPOE / SoFi be meme-able enough to break $30 pre-merger? IPOE stock is shooting higher after Chamath Palihapitiya announced that his blank-check company will stage the SoFi SPAC merger.More From InvestorPlace Why Everyone Is Investing in … IPOE SPAC, SoFi, has recently bought a local community bank, thoughts on its expansion, long-term growth, potential and upcoming IPO. Banking. Fintech company SoFi is going public via one of the most well-known names in the SPAC community. My analysis shows that IPOE stock (SOFI) is worth at least 40% more than its price on April 30, which was $17. Social Capital Hedosophia V (NYSE: IPOE), a SPAC (special purpose acquisition corp.), should close its merger with Social Finance (SOFI) soon.. Merger Vote! Social Finance—more commonly known as SoFi—wants to be the future of banking. Also if you have opinions on LEAPS or calls for the end of the year that would be greatly appreciated. Checking and Savings Accounts. The Social Finance merger deal with IPOE stock looks undervalued. 1 month ago. Reply. IPOD brought in $400 million while IPOF brought in $1 billion. What Happened: SoFi, which is merging with Social Capital Hedosophia Holdings VCorp (NYSE:IPOE), announced Tuesday it is acquiring Golden Pacific Bancorp (OTC:GPBI). The merger values SoFi at an equity value of … save. Posted by. Social Capital Hedosophia Holdings Corp. V (NYSE:IPOE) soars 30% after Sofi Finance confirmed a Reuters report that online lending startup is nearing a deal to go public by merging … On Thursday, IPOE announced that they will be merging with SoFi. The deal will provide SoFi with $2.4 billion in cash proceeds, including a $1.2 billion in private investment in public equity led by Palihapitiya. What Happened: SoFi, which is merging with Social Capital Hedosophia Holdings VCorp (NYSE: IPOE), announced Tuesday it is acquiring Golden Pacific Bancorp (OTC: GPBI). With recent price down trends buying in now looks nice, but I was wondering if you guys think waiting till post merger would be a better move. The SPAC Deal: SoFI announced a SPAC merger with Social Capital Hedosophia Holdings V (NYSE: IPOE), led by Chamath Palihapitiya. IPOE/SOFI Merge Date - still April 9. Absolutely. SoFi will serve as an underwriter in … 12. The IPOE and SoFi deal valued SoFi at $8.65 billion post-money. best. What Happened: SoFi, which is merging with Social Capital Hedosophia Holdings VCorp (NYSE:IPOE), announced Tuesday it is acquiring Golden Pacific Bancorp (OTC:GPBI).SoFi is paying $22.3 million to purchase the California community bank with $150 million in assets. On Thursday, IPOE announced that they will be merging with SoFi. Matt Frankel: SoFi bought a bank. The fintech forecasts 2021 revenue of $990 million. Report Save. SoFi will soon go public through Chamath Palihapitiya's blank-check company Social Capital Hedosophia Holdings Corp. V (NYSE:IPOE). SoFi … Here's my analysis on SoFi which will be going public when it merges with Social Capital Hedosphia (IPOE)! Founded in 2011, this fintech veteran’s initial pitch was to student debt-laden millennials, some of … share. You may have to re-write the blockbuster event cycle after this one's done. SoFi is a Fintech unicorn that I believe has the chance to become the Amazon and Netflix of financial services. This one is all about SoFi that's going public via the merger with Chamath's IPOE SPAC. Social Capital Hedosophia V (NYSE: IPOE), a blank-check acquisition company led by venture capital investor Chamath Palihapitiya, is near a deal to merge with Social Finance (SoFi… IPOE & SoFi SPAC Merger. Share. Sort by. 2. Log in or sign up to leave a comment Log In Sign Up. Reply. Merger Vote! I’ve now shifted my mindset and am looking at SoFi/Ipoe as a long term hold. Fintech company SoFi is going public via one of the most well-known names in the SPAC community. IPOE, the company behind the SoFi SPAC merger, brought in $700 million during its IPO. The deal values SoFi at $8.65 billion. Close. IPOE/SOFI Merge Date - still April 9. hide. So what comes next? In this analysis, I will look at the underlying borrowers and the revenue quality … If you like it, send me shares in SoFi. If you hate it, buy puts (so I can sell them to you.) level 2. Jan 7 (Reuters) - Online lending startup Social Finance Inc (SoFi) said on Thursday it has agreed to go public through a merger with Social Capital Hedosophia Holdings Corp V IPOE… It … 126. report. Contributor. As its merger with SoFi gets closer to reality, Social Capital Hedosophia Holdings V (NYSE:IPOE) continues to fall. ... IPOE), is merging with financial services platform SoFi. Social Finance Inc. is planning for takeovers after agreeing to go public in a merger with a blank-check company that values the upstart at around $8.7 billion. Online FinTech startup SoFi is merging with publicly-traded Social Capital in an $8.6 billion deal that leaves it better positioned to take on legacy banks. SoFi’s enterprise value is about $20 billion as of 2021. SoFi - Major Lines of Business. The company has a promising AWS of fintech platform in Galileo. Fintech company SoFi announced an acquisition on Tuesday that could help its growth road map for the future. I … Report Save. SoFi agrees to a business combination with the Chamath SPAC IPOE. This is my detailed overview of SoFi which is going public via the SPAC IPOE stock. SoFi plans to use the proceeds to pay back debt from the $1.2 billion acquisition last year of payment software Galileo and to grow its business. IPOE stock will offer exposure to a next-gen one-stop shop in the financial services niche. 98% Upvoted. SoFi is going public via a reverse merger with IPOE, one of Chamath's SPACs. Comment log in sign up and SoFi deal valued SoFi at $ 8.65 billion post-money business combination with the SPAC... Leaps when is sofi merging with ipoe calls for the end of the year that would be greatly appreciated the end of year! 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