Platform SoFi P2P student loans by $ 200 million in financing

In United States banking institutions due to regulatory controls could only provide a unified interest rate loans to students, thus stimulating the development of platform for P2P student loans. Recent United States P2P student lending platform for Social Finance (SoFi) received $ 200 million d round of financing by Third Point Ventures lead investor, Institutional Venture Partners (IVP), Wellington Management, SharesPost Investment Management, investment, value now stands at $ 1.3 billion. SoFi focus on providing students with relatively low interest student loans. SoFi’s unique is that according to the student’s school, grades, GPA, effort, and other information to assess the students, so as to better provide students with lower loan interest rates, and help them complete their studies better.