Social Finance Raises $80M in Series C Funding

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Social Finance, Inc., a San Francisco, CA-based provider of a peer-to-peer lending platform, raised $80m in Series C funding.“Wije” Wijegoonaratna is joining the company’s board and Peter Thiel and Duncan Niederauer, CEO of NYSE, as company advisors.Led by Mike Cagney, CEO, SoFi provides a peer-to-peer, affinity-based marketplace that connects high-quality alumni borrowers and investors directly.The company also provides unemployment protection, career services and an entrepreneur program.FinSMEs 03/04/2014 Related News 10/06/2013: SOFI SECURES $41M LENDING FACILITY FROM THE BANCORP

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