Online lending startup Social Finance Inc (SoFi) has held discussions with blank-check acquisition companies about a deal that would allow it to debut in the stock market, people familiar with the matter said on Monday.
The discussions show that going public is solidly in the sights of SoFi’s CEO, Anthony Noto. A former Goldman Sachs Group Inc investment banker and Twitter Inc’s ex-chief operating officer, Noto succeeded SoFi co-founder Mike Cagney, who stepped down in 2018. Noto said last year that going public was in the company’s long-term plans, but had cautioned it was not a priority.
