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Benzinga
Benzinga
Business
Adam Eckert

This Investor Remains Bullish And Has No Plans To Sell SoFi Technologies After Bank Approval

SOFI SoFi Technologies Inc

SoFi Technologies Inc (NASDAQ:SOFI) shares are on the move Wednesday after the company announced it received approval to become a Bank Holding Company.

What Happened: The Office of the Comptroller of the Currency and the Federal Reserve approved SoFi's applications to become a Bank Holding Company through its proposed acquisition of Golden Pacific Bancorp.

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