SoFi is solidifying its plans to launch a life-insurance product by acquiring state licenses in CA, AR, NY, FL, MA and SD and setting up a deal with carrier Protective Life Insurance Co
Social Finance Inc., known as SoFi, one of the most highly valued financial technology startups, is solidifying its plans to launch a life-insurance product by acquiring state licenses and setting up a deal with carrier Protective Life Insurance Co., according to documents and people familiar with the situation. San Francisco-based SoFi, after starting out with refinancing student loans, has been pushing into new categories, such as... To Read the Full Story, Subscribe or Sign In