SoFi just filed an application for a national banking charter, and CEO Anthony Noto told employees it's a critical strategic step for the $4.3 billion fintech

SoFi just filed an application for a national banking charter, and CEO Anthony Noto told employees it's a critical strategic step for the $4.3 billion fintech

Business Insider

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· Personal finance startup SoFi has filed an application for a national bank charter, Business Insider has learned. 
· Obtaining a national bank charter could allow SoFi to have more competitive pricing and offer more products, specifically regarding deposits. 
· National bank charters have been hard to come by for...

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