With an eye on providing banking services later this year, online lending startup SoFi is planning to apply for an industrial bank charter in the next month, according to CEO Mike Cagney. If approved, it would become the first company to receive new industrial loan company (ILC) charter in a decade. Read More

from iFeeltech IT News Mix4 https://techcrunch.com/2017/05/10/sofi-ilc-plans/?ncid=rss

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