Qatar Investment Authority invested $500m in SoFi.

Qatar Investment Authority, Qatar's state-owned holding company, invested $500m in SoFi, a mobile-first personal finance company. The investment values the company at $4.3bn on a pre-money basis. "Over the last year, we've worked aggressively to grow SoFi from a desktop lending business to a broad-based, mobile-first financial platform enabling members to borrow, save, spend, invest and protect their money," said Anthony Noto, CEO of SoFi. "We're thrilled to have QIA as a new investor and partner in our journey to help our members Get Their Money Right."