Author Bio
Bram Berkowitz mainly writes in the financials bureau covering the banking sector. Prior to The Motley Fool, he wrote about and covered community and regional banks in New England for The Warren Group.
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SoFi will soon go public through Chamath Palihapitiya's blank-check company
Social Capital Hedosophia Holdings Corp. V (NYSE:IPOE). SoFi will serve as an underwriter in an upcoming initial public offering (IPO) for a special purpose acquisition company (SPAC).
The move shows that the online lender is moving forward with its plans to allow retail investors to invest in IPOs and SPACs at the pre-listing stage.