Renren-backed SoFi has now raised almost $360m from its last three equity rounds, and will look to expand its loans service throughout the US.
Social Finance (SoFi), a US-based alternative loans company backed by social networking platform Renren, raised $200m yesterday in a series D round led by investment advisor Third Point.
Investment management firm Wellington Management Company and private equity firm Institutional Venture Partners also participated in the round, as did undisclosed existing investors.
SoFi secured $80m in April 2014 from a series C round backed by Renren, Discovery Capital Management, Peter Thiel, Wicklow Capital and Baseline Ventures. Renren also took part…