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☆ SoFi CEO talks second-quarter growth and 'stealing share' from big banks
▼ + stars: | 2023-09-13 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Anthony Noto, CEO of digital banking and personal finance company SoFi , told CNBC's Jim Cramer the company has been able to grow immensely since it received its banking license. The company has its roots in financing student loans but was licensed to become a bank last year. SoFi's second-quarter report showed the company had gained more than 584,000 new members during the quarter, with more than 6.2 million total members, up 44% year over year. Noto added that SoFi is attracting customers with its mobile-first technology and financial products such as personal loans to pay off credit card debt, as well as student loan refinancing. "If you have a student loan, you want to lower your monthly payment, you're able to do that either via a lower rate or extending the term," Noto said.

Persons: Anthony Noto, CNBC's Jim Cramer, we've, SoFi's, Noto Locations: FactSet

☆ SoFi CEO Anthony Noto: We're stealing share from the big banks
▼ + stars: | 2023-09-13 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoFi CEO Anthony Noto: We're stealing share from the big banksSoFi CEO Anthony Noto joins 'Mad Money' host Jim Cramer to talk quarterly growth in membership, consumer trends, competition in the banking sector and more.

Persons: Anthony Noto, Jim Cramer

☆ Jim Cramer goes one-on-one with SoFi CEO Anthony Noto
▼ + stars: | 2023-09-13 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Jim Cramer goes one-on-one with SoFi CEO Anthony NotoSoFi CEO Anthony Noto joins 'Mad Money' host Jim Cramer to talk quarterly growth in membership, consumer trends, competition in the banking sector and more.

Persons: Jim Cramer, Anthony Noto

☆ Cramer's Lightning Round: Hold DraftKings
▼ + stars: | 2023-08-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +3 min

Stock Chart Icon Stock chart icon Salesforce's year-to-date stock performance. Stock Chart Icon Stock chart icon SoFi's year-to-date stock performance. Stock Chart Icon Stock chart icon UiPath's year-to-date stock performance. Stock Chart Icon Stock chart icon DraftKings' year-to-date stock performance. Stock Chart Icon Stock chart icon GE HealthCare's year-to-date stock performance.

Persons: we'll, I'm, It's, Anthony Noto, we're, they're, Let's, DraftKings, I've, it's, James Quincey's, Coke, Jim Cramer's Organizations: Charitable Trust, American Airlines, GE, GE HealthCare

☆ SoFi CEO Anthony Noto: Growing deposit customers have fueled growth in lending business
▼ + stars: | 2023-07-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoFi CEO Anthony Noto: Growing deposit customers have fueled growth in lending businessSoFi CEO Anthony Noto joins 'Squawk on the Street' to discuss the company's margin improvements in Q2, the company's added deposits, the stock's recent rally, and more.

Persons: Anthony Noto

☆ Watch CNBC's full interview with SoFi CEO Anthony Noto
▼ + stars: | 2023-07-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with SoFi CEO Anthony NotoAnthony Noto, SoFi CEO, joins CNBC's Julia Boorstin and 'Closing Bell Overtime' to talk the latest inflation data, the Supreme Court's student loan ruling and more.

Persons: Anthony Noto Anthony Noto, Julia Boorstin Locations: SoFi

☆ SoFi CEO Anthony Noto: The administration needs to provide relief for student borrowers that need it
▼ + stars: | 2023-07-13 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoFi CEO Anthony Noto: The administration needs to provide relief for student borrowers that need itAnthony Noto, SoFi CEO, joins CNBC's Julia Boorstin and 'Closing Bell Overtime' to talk the latest inflation data, the Supreme Court's student loan ruling and more.

Persons: Anthony Noto, Julia Boorstin Locations: SoFi

☆ SoFi CEO on student loan pause, state of the consumer and A.I.'s impact on fintech
▼ + stars: | 2023-06-07 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoFi CEO on student loan pause, state of the consumer and A.I. 's impact on fintechCNBC’s Bob Pisani sits down with Anthony Noto, SoFi CEO, to discuss the company's plans as student loan payments are set to resume.

Persons: Bob Pisani, Anthony Noto Locations: SoFi

☆ SoFi CEO Anthony Noto on company earnings, lending trends and rising deposits
▼ + stars: | 2023-05-01 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoFi CEO Anthony Noto on company earnings, lending trends and rising depositsAnthony Noto, SoFi CEO, joins 'The Exchange' to discuss the company's earnings, lending trends and rising deposits.

☆ Say Hi to SoFi. It’s Suing to Force You to Repay Student Loans Faster.
▼ + stars: | 2023-04-22 | by ( Ron Lieber | ) www.nytimes.com time to read: +1 min

SoFi exists because of a quirk in the federal student loan program. While the government charges different interest rates depending on the loan type, within those loan types there is no differentiation. Pretty quickly, as chief executive, Mr. Cagney brought shame upon the enterprise — romantic relationships with subordinates, leaving evidence of his misdeeds on private jet manifests — and showed himself out. His eventual replacement, Anthony Noto, a former Goldman Sachs managing director, then acquired a bank for SoFi, which had previously run commercials using the tagline “Don’t Bank. First, when you are a bank you can use money from depositors to make loans.

☆ Meet the real-life manager of the luxury hotel in Sicily where 'The White Lotus' was filmed, with rooms starting at $2,000 a night
▼ + stars: | 2023-04-09 | by ( Hannah Towey | ) www.businessinsider.com time to read: +6 min

Lorenzo Maraviglia is the general manager of the hotel where "The White Lotus" Season 2 was filmed. He told Insider what the show gets right about his job and where it embellishes reality. That's because the renovated 14th-century convent overlooking the Ionian Sea was the central filming location of the hit-TV drama — and it's all hotel guests want to talk about. "It's funny because in "The White Lotus," Jennifer Coolidge gets killed on the cruise — so I don't know how inspiring that can be." Sabrina Impacciatore plays the hotel manager Valentina in "The White Lotus" season 2.

☆ A major student-loan lender is 'actively working to harm' millions of borrowers by trying to block Biden's debt relief, Elizabeth Warren and Ayanna Pressley say. They're demanding answers about this '
▼ + stars: | 2023-04-05 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

In March, SoFi Bank filed a lawsuit to end the latest extension of the student-loan payment pause. SoFi argued in its complaint that it has suffered financial harm directly resulting from the payment pause. "Indeed, your company has thrived during the pandemic payment pause, and you have been richly rewarded. "SoFi's lawsuit against ED is a dangerous and cynical ploy to prevent millions of borrowers from obtaining relief," they added. Additionally, as Warren and Pressley referenced, the lawsuit was not entirely unexpected — Noto said in February that the latest payment pause extension will "subsidize people that don't need it."

☆ A major student-loan lender is putting millions of borrowers 'at serious risk of financial harm' by filing a lawsuit to end the payment pause, Biden's Education Department says
▼ + stars: | 2023-03-07 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Student-loan lender SoFi asked a federal court to end the student-loan payment pause. The Education Department said the pause is legal, and the lawsuit puts borrowers "at serious risk of financial harm." On Friday, SoFi Bank and SoFi Lending Corp. — a student-loan refinancing company — sued the Education Department and asked the District Court for the District of Columbia to end Biden's latest extension of the student-loan payment pause. The White House has not yet commented on whether it will consider additional relief, such as a further payment pause extension if its relief gets struck down. It also claimed that it has suffered direct harm to its student-loan refinancing business, saying that the student-loan payment pause "has eliminated the primary benefits of student loan refinancing.

☆ A major student-loan lender just asked a federal court to end the payment pause — and return borrowers not eligible for Biden's broad relief back into repayment 'at minimum'
▼ + stars: | 2023-03-06 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Student-loan lender SoFi asked a federal court to end Biden's student-loan payment pause. SoFi also detailed how it has been harmed by the additional payment pause extension. "Because the Moratorium suspended payments and interest for federal student loans, and because privately refinanced loans are ineligible for programs and policies applicable to federal student loans, the Moratorium has eliminated the primary benefits of student loan refinancing. After releasing its fourth-quarter earnings last month, Noto told Yahoo Finance that the latest payment pause extension will "subsidize people that don't need it." "The Department of Education should immediately cancel all federal student loans.

☆ The CEO of a major student-loan lender says he doesn't support broad debt relief and that borrowers 'that are capable of paying need to be put back into payment'
▼ + stars: | 2023-02-01 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

SoFi CEO Anthony Noto told Yahoo Finance he doesn't support broad plans to cancel student debt. The student-loan payment pause is set to end 60 days after June 30, or 60 days after the lawsuits blocking the relief are resolved. He's not a fan of broad proposals like President Joe Biden's plan to cancel up to $20,000 in student debt for federal borrowers making less than $125,000. But those... that are capable of paying need to be put back into payment, and they shouldn't have their loans forgiven either." Noto had previously expressed his belief that the student-loan payment pause should not continue for all borrowers.

☆ Watch CNBC's full interview with SoFI CEO Anthony Noto
▼ + stars: | 2023-01-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with SoFI CEO Anthony NotoAnthony Noto, SoFi CEO, joins 'TechCheck' to discuss the company's surge in Q4 results and the stock's future.

☆ You can rent out Daphne and Harper's Sicilian villa from 'The White Lotus' for around $6,000 per night on Airbnb
▼ + stars: | 2023-01-20 | by ( Dan Latu | ) www.businessinsider.com time to read: +2 min

The Villa Tasca is available for around $6,000 per night with a three-night minimum on Airbnb. The Villa Tasca has inspired famous opera composers, according to its website. The Villa Tasca grounds include a 20-acre garden and citrus grove. Courtesy of the Airbnb Photographer CommunityIn "The White Lotus," the villa is located in the town of Noto, known for its baroque architecture. But the Villa Tasca actually is located in Palermo, Sicily's capital and where other tragic storylines in season 2 take place.

☆ Cramer's lightning round: I love Eagle Materials
▼ + stars: | 2022-12-23 | by ( Krystal Hur | ) www.cnbc.com time to read: +1 min

Loading chart...Eagle Materials Inc : "I love Eagle Materials. Loading chart...Apple Inc : "I'm still urging people to own it, don't trade it, but I accept the fact that it's going lower before it goes higher." Loading chart...Cellebrite DI LTD : "I'm going to have to take a pass. Loading chart...SoFi Technologies Inc : "I think that SoFi, it's finally going to be [CEO] Anthony Noto's year. Disclaimer: Cramer's Charitable Trust owns shares of Apple.

Several insiders of corporate America spent big on their own stock as part of their holiday shopping, often finding major discounts. This move is in addition to the roughly $2.3 million worth of shares that Soto scooped up earlier this year. The fintech stock has struggled mightily this year, falling more than 70% to trade below $5 per share. Insider buying and selling is a metric tracked by many professional investors as one measure of a company's quality. Melamed had previously been a seller, so whose recent moves represent a notable reversal, according to Verity.

☆ Stocks making the biggest moves midday: SoFi Technologies, Charter Communications, Delta and more
▼ + stars: | 2022-12-14 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Check out the companies making the biggest moves midday:SoFi Technologies — The fintech stock jumped more than 7% after a filing showed CEO Anthony Noto bought $5 million in common stock. Charter Communications — Charter Communications dropped more than 13% after CEO Chris Winfrey said at an investor event the company will invest $5.5 billion over three years to upgrade its high-speed internet network. Morgan Stanley said it was a top auto pick for 2023. RingCentral — Shares of RingCentral climbed 4.8% after being upgraded by Morgan Stanley to overweight from equal weight. In its call, Morgan Stanley said the software company is underappreciated.

☆ HBO's 'White Lotus' season 2 was filmed at a real hotel in Italy. Here's what it's like.
▼ + stars: | 2022-12-10 | by ( Travis Clark | ) www.businessinsider.com time to read: +4 min

"The White Lotus" season two was filmed at the San Domenico Palace hotel in Taormina, Italy. The season was filmed at the San Domenico Palace Four Seasons luxury hotel in Taormina, a town in the Sicily region of Italy. Getty Images"It has so much personality," "White Lotus" executive producer David Bernad told People Magazine last month. HBOBut if you can get past the alleged hauntings, the San Domenico Palace sounds like a beautiful place experience. Here's how it's described on the website: "Perched on a rocky promontory high above the Ionian Sea, the iconic San Domenico Palace welcomes you to a 14th-century convent reimagined.

SoFi pitches itself as a digital financial services company with 3.9 million members as of Q1 2022. Heightened financial and risk controls mean that SoFi's crypto activities "pose significant risks to both individual investors and safety and soundness," the lawmakers said. Investor education material from SoFi warns that a cryptocurrency offered on SoFi's crypto platform, Dogecoin, has "no special use case or features." The letters to regulators and SoFi come as crypto markets weather their worst crisis yet. Lawmakers have demanded an explanation from SoFi on its risk management, credit, financial and compliance systems by Dec. 8.

☆ When you trade cryptocurrencies on SoFi, we warn you could lose all your money, says CEO Anthony Noto
▼ + stars: | 2022-11-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhen you trade cryptocurrencies on SoFi, we warn you could lose all your money, says CEO Anthony NotoSoFi CEO Anthony Noto joins the 'Halftime Report' to discuss FTX's downfall, secure environments for crypto trading and the importance of regulation in the crypto sector.

☆ Cramer's lightning round: I'm sticking with Nvidia
▼ + stars: | 2022-11-03 | by ( Krystal Hur | ) www.cnbc.com time to read: +1 min

I think a year from now, the stock's going to be higher, and I'm sticking with Nvidia." Loading chart...Actinium Pharmaceuticals Inc : "I don't like hyping phase 1, but I do think they have some interesting formulations." I don't recommend stocks that are losing money." Loading chart...SoFi Technologies Inc : "I'm willing to back [CEO Anthony Noto] right here, right now." Disclaimer: Cramer's Charitable Trust owns shares of Nvidia.

☆ The diversification of our business has driven record revenues, says SoFi CEO
▼ + stars: | 2022-11-01 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe diversification of our business has driven record revenues, says SoFi CEOAnthony Noto, SoFi CEO, joins 'TechCheck' to discuss the big shift in SoFi's quarter, if Noto is pursuing the student loan refinancing market and insight's into the company's deposit accounts.

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