SoftBank-backed SoFi completed the acquisition of 8 Securities.

SoftBank-backed SoFi, a financial technology company, completed the acquisition of 8 Securities, a robo-advisor and free stock trading company. Financial terms were not disclosed. “Leveraging the learnings from the SoFi Invest platform in the US, SoFi can meet the needs of both experienced and novice investors alike in Hong Kong, all in support of our overall efforts to make headway on our mission to help people get their money right. Because when it comes to achieving financial independence, investing is not optional – it is imperative,” Anthony Noto, SoFi CEO.