Search Results for "Golden Pacific Bancorp"
2 results for "Golden Pacific Bancorp"
Deals 2
SoFi Acquires Core Banking Platform Technisys for ~$1.1 Billion
SoFi announced the acquisition of Technisys, a cloud-native core banking platform, for approximately $1.1 billion. The deal supports SoFi's banking ambitions following its acquisition of Golden Pacific Bancorp and national bank charter. Technisys gives SoFi in-house core technology to power its banking and potential BaaS offerings.
SoFi Acquires Golden Pacific Bancorp to Obtain Bank Charter
SoFi announced a $22.3 million acquisition of Golden Pacific Bancorp, a small community bank in Sacramento, to obtain a national bank charter. The deal enables SoFi to reduce its reliance on sponsor bank partnerships and directly offer banking products. This represents a significant strategic shift for the fintech toward becoming a chartered bank.