Acquisition of Toronto FinTech bolsters SoFi’s case to be “the everything app for digital financial services.”
San Francisco-based banking, lending, and investing app SoFi has acquired Toronto-based FinTech startup Composer for an undisclosed amount.
The news: Last week, SoFi revealed Composer by SoFi, a new AI-powered investing platform within its financial app, built on its acquisition of Composer.
The new tool will allow SoFi’s 14 million members to turn their investing ideas into full strategies. Using natural language, users can define their strategy, and the Composer tool walks them through building, testing, and automating a rules-based roadmap to invest based on their…






