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Fintech

SoFi to add 400 Delaware workers by 2018

Ramps up the former Zenbanx office

SoFi plans to add 400 workers to its Claymont, Delaware-based office by the end of 2018, according to an article by Jeff Mordock in The New Journal.

As it stands, lender SoFi uses about seven offices across the country, entering Delaware in February when it acquired Claymont-based Zenbanx, a fintech mobile bank.

SoFi said, at the time, that it intends to leverage Zenbanx’s platform and underlying technology to expand SoFi’s growing suite of online personal finance offerings.

“With Zenbanx joining SoFi, we’re moving one step closer to becoming the center of our members’ financial lives by adding SoFi deposit, money transfer, and credit card products to our offerings for members,” said Mike Cagney, co-founder, CEO, and chairman of SoFi, said back in February.

According to the article:

About 36 Zenbanx workers became SoFi employees as part of the deal.

SoFi has vowed to ramp up the former Zenbanx office with an aggressive hiring plan that will see it add 100 workers by August, 200 workers by the end of the year and 400 employees by the end of 2018.

"We have been out recruiting and hiring in Delaware," said Chandi Gracey, director of operations for SoFi, who is relocating to the First State from San Francisco.

"We plan to start with about 65 folks and continue the hiring process until we get to 100," she said.

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