SoFi’s Career Incubator, SoFi Accelerate, Going to Chicago
Social Finance, Inc., a fintech and student loan refinancing company, announced this week that SoFi Accelerate, the company’s career incubator, will be visiting Chicago this September.
On Sunday, September 24th, SoFi Accelerate will head to the Windy City to offer professionals a chance to hear from a couple of speakers and to develop their own path for career success.
SoFi described SoFi Accelerate as the following: “The first-of-its-kind career incubator giving ambitious professionals the time and space to think big—and the tools and structures to make it happen.”
The career incubator will only last one day and is open to SoFi members and non-members as well. There will be two speakers, Adam Foss and Ryan Holiday, that guests will have the chance to listen to.
Foss, the Assistant District Attorney in the Juvenile Division of Suffolk County, is one of the pre-eminent legal minds today and has become a champion for compassion in the criminal justice system. The lawyer co-founded the Roxbury CHOICE Program, which is a joint effort by defendants, the court, the probation department, and the District Attorney’s office to transform the probation system from one of punishment to one of transformation.
Ryan Holiday is the editor-at-large for the New York Observer, in addition to being a writer, media strategist, and entrepreneur. Holiday has served as an advisor for companies such as Google and Complex, and authors like Tim Ferriss and Tony Robbins. The author of books including Ego is the Enemy and The Daily Stoic, Holiday currently lives on a ranch right outside of Austin, Texas.
Attendees of SoFi Accelerate will receive a career roadmap catered to their particular goals and tips on developing new strategies to succeed. SoFi members will also have private access to one-one-one coaching sessions.
The event will be held at the Chicago Botanic Garden at 1000 Lake Cook Road in Glencoe, Illinois from 9:30 AM to 6:00 PM central time. For SoFi members, the price of admittance will be $75, while non-members will have to pay $125 upon entry. However, the first 50 non-members will receive a special discount so that they only have to pay $100 to attend.
SoFi, one of the leaders in the student loan refinancing industry, has been covered extensively by LendEDU for a number of initiatives they have undertook. In late May, the student loan refinancing company partnered with JetBlue to offer airline loyalty points to student loan borrowers who refinance with SoFi. JetBlue’s TrueBlue members now have the ability to earn one TrueBlue point for every $2 of their student loan debt that is refinanced through SoFi. Participants in this program have the ability to earn up to 50,000 TrueBlue points.
In another marketing campaign, SoFi announced in July that they would be offering a month’s supply of avocado toast to any customers that bought a house with a SoFi mortgage during the month of July. The campaign was jump-started when a millionaire Australian developer criticized millennials for wasting their money on avocados instead of saving up for a home.
Recently, SoFi has seen serious coverage in the news because the fintech company applied for a bank charter with the FDIC. If approved, SoFi would be able to offer customers a FDIC insured NOW account and a credit card product. SoFi would still not be opening up any physical bank branches or deposit-taking ATMs.