SoFi, a member-centric digital financial services provider, has formed a partnership with Templum, a platform that specializes in private alternatives, to introduce three private market funds. This move includes access to the Cosmos Fund, offering sole exposure to SpaceX, alongside the Pomona Investment Fund and the StepStone Private Markets Fund. SoFi's dedication to expanding investment opportunities for its members is evident in this initiative, which emphasizes the empowerment of accredited investors to diversify their portfolios with highly sought-after private assets. As part of this strategy, SoFi Invest users can explore these funds via the platform’s app. The new offerings align with SoFi's broader goal of enabling financial independence, supporting its 9.4 million members with tools, financial planning resources, and exclusive opportunities within a single app ecosystem.
The initiative's technology partner, Templum, runs Templum One, a private market issuer-investor platform. Marketplace Solutions automates private asset processes, while the Applications Suite optimizes operations. According to Templum’s CEO Chris Pallotta, this collaboration with SoFi represents a significant advancement in retail investor access to alternative assets.
