Borrowing money, not looking at credit, Peer-to-peer student loan Sofi 200 million dollars

Sofi we have introduced before, is a focus on student groups Peer-to-peer lending platform. What's interesting about this student-lending firm is that they provide better students with higher-rate student loans based on school, grades, effort, and other information to get certified investors. In other words, the company is a bit like a student loan in the form of a business incubator.

Sofi recently received a round of $200 million in D-round financing, Third Point ventures, institutional Venture and IVP Investment management and other investment. Founded only four years ago, Sofi's current valuation has reached $1.3 billion trillion, and the pace of listing is getting closer.

So why does Sofi rise in peer-to-peer lending?

According to some foreign media reports, I guess there are two possible reasons:

First, it is the Sofi unique mode of borrowing under the existing market in the United States. These institutions are regulated by regulations and regulations, it can only offer a flat rate loan to the student market, and a "quality market" with a higher repayment rate than the top schools at Harvard, with the demand for loans, is "unfair" in the face of such a unified interest rate. Sofi is focused on serving this quality group, with a smaller risk and a greater reward.

Second, Sofi not only do this quality market, but also try to bigger. Unlike other peer-to-peer lending platforms, where the focus is on small-consumer loans, Sofi prefers to make big bucks. Sofi set up a bunch of enthusiastic tyrants to develop more mode of loan business, expand the scale. Just last year, it became the first U.S. home to provide a Peer-to-peer lending platform for housing loans.

Of course, the reason may be more than that. In recent years, peer-to-peer lending unusually hot, lending Club and OnDeck have been listed, foreign students and loans in the field of a CommonBond also did a long time, before long we reported that Earnest also launched a student loan products. There are also some students peer-to-peer lending, but because of different national conditions, it seems more focused on the consumption installment.