SoFi and Templum Usher in the Future of Private Market Investing
New York, December 4, 2024 – SoFi, the all-in-one digital personal finance company, and Templum, which operates Templum One, a purpose-built platform for seamlessly accessing and transacting in private alternatives, have gone live with an exclusive set of funds for investors.
The three funds available to SoFi investors with today’s launch include the Cosmos Fund, a special purpose vehicle offering exposure solely to SpaceX, as well as the Pomona Investment Fund and the StepStone Private Markets Fund. The funds are available to investors on SoFi via the Templum One private alternatives ecosystem.
The partnership between SoFi and Templum was first announced in May. The collaboration underscores SoFi and Templum’s shared mission to democratize access to private markets, providing investors with the tools and resources needed to diversify portfolios with alternative assets.
"These exclusive private alternative asset offerings represent a significant milestone in our partnership with SoFi, opening the door for their members to access a growing universe of investment opportunities once beyond reach for most individuals," said Chris Pallotta, CEO and Founder of Templum. "With Templum’s advanced technology, compliance-driven framework, and deep expertise in alternative assets, we’re making some of the most coveted private investments accessible to a new generation of investors. Through Templum One, we offer a diverse and continually expanding selection of sought-after private assets, empowering investors to diversify and enhance their portfolios. Together, we’re transforming access to private markets and shaping the future of investing."
Templum eliminates manual, fragmented processes, delivering a seamless experience that mirrors the simplicity and familiarity of public market investing – making it as effortless to invest in private market opportunities as it is to buy shares of Apple.
Alternative assets have become an essential part of wealth-building strategies, with global alternative assets under management expected to reach $60 trillion by 2032, up from $16.3 trillion today. Despite this growth, access for individual investors has historically been limited. The partnership between SoFi and Templum marks a significant milestone in closing that gap.
With capabilities designed to enhance distribution, facilitate transactions, and lower entry barriers, Templum is delivering a true, one-stop shop with high-value opportunities, operational efficiencies, seamless execution, enhanced liquidity, and secondary trading through robust, scalable solutions. Templum One connects issuers and asset managers to new wealth channels while automating such processes as onboarding, risk management, and capital calls.
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About Templum
Enter the new frontier for private markets with Templum. As a solution partner, we provide full investment lifecycle technologies, automation, product access, and regulatory support configurable via white label, API, or hybrid deployments. The company’s offerings – Templum One Marketplace, Primary Issuance, Secondaries, and customizable “build-your-own” solutions – enable efficiencies in private market and alternative investment strategies for investment banks, broker-dealers, RIAs, wealth managers, fintechs, asset managers, issuers, and service providers. Templum equips firms to be successful by unifying the entire ecosystem and modernizing the underlying technology supporting it, enabling its partners to expand access to investment opportunities for a growing base of investors. The Company’s vision is to move capital markets forward, replacing the outdated infrastructure that has long constrained private market investing.
All securities offered by Templum Markets LLC, a wholly owned broker-dealer and Alternative Trading System (ATS) subsidiary of Templum, Inc. For more information, please visit https://www.templuminc.com
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About SoFi
SoFi (NASDAQ: SOFI) is a member-centric, one-stop shop for digital financial services on a mission to help people achieve financial independence to realize their ambitions. The company’s full suite of financial products and services helps 9.4 million SoFi members borrow, save, spend, invest, and protect their money better by giving them fast access to the tools they need to get their money right, all in one app. SoFi also equips members with the resources they need to get ahead – like credentialed financial planners, exclusive experiences and events, and a thriving community – on their path to financial independence.
SoFi innovates across three business segments: Lending, Financial Services – which includes SoFi Checking and Savings, SoFi Invest, SoFi Credit Card, SoFi Protect, and SoFi Insights – and Technology Platform, which offers the only end-to-end vertically integrated financial technology stack. SoFi Bank, N.A., an affiliate of SoFi, is a nationally chartered bank, regulated by the OCC and FDIC and SoFi is a bank holding company regulated by the Federal Reserve. The company is also the naming rights partner of SoFi Stadium, home of the Los Angeles Chargers and the Los Angeles Rams. For more information, visit SoFi.com or download our iOS and Android apps.
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