SoFi Hired A COO Ahead of Rumored IPO

SoFi, an online marketplace lender with a focus on student loan refinancing, hired digital media veteran Joanne Bradford as its chief operating officer today.  This comes after reports in March that the company was preparing for a $500m IPO later this year.  SoFi, which was founded in 2011, has raised $766m in total capital from investors including Third Point Ventures, Discovery Capital, Peter Thiel, and Wellington Management.

SoFi is a member of the Triton Research IPO Watchlist, a continuously updating database of companies we expect to either IPO or be acquired.  The current IPO Watchlist is comprised of 108 companies organized by investment theme.