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Fintech startup SoFi is reportedly in talks to raise $500 million from Qatar, but won’t gain any value from 2017

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  • Online lending company Social Finance is in talks to raise $500 million from the Qatar Investment Authority, Bloomberg reported Tuesday.
  • The round would value SoFi around $4.3 billion, making it a flat round from its valuation in 2017, according to the report.
  • Visit Business Insider’s homepage for more stories.

Online lending platform Social Finance is in talks to raise $500 million in funding from the Qatar Investment Authority and others, according to Bloomberg.

The new round would value SoFi around $4.3 billion, the same valuation of its 2017 financing round led by Silver Lake, according to Bloomberg.

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Source:: BusinessInsider.Com