Will SoFi expand into biz lending with its Zenbanx acquisition?

Tom Paine

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From Axios' Pro Rata (Dan Primack), on SoFi's recent deal to buy Claymont, DE-based Zenbanx, from a conversation with SoFi CEO Mike Cagney:

""Will SoFi expand into biz lending? "That's a very active dialog we have here, particularly with the Zenbanx acquisition that's synergistic to the business side. I think we'll decide that soon... One thing we are going to do first is launch a practice loan for doctors and dentists where they can borrow money to start their own businesses.""


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