SoFi will acquire Technisys, which makes tools for banks, for around $1.1B in an all-stock deal; after going public via SPAC, SoFi’s stock is down 28% in 2022 (Peter Rudegeair/Wall Street Journal)

Peter Rudegeair / Wall Street Journal:
SoFi will acquire Technisys, which makes tools for banks, for around $1.1B in an all-stock deal; after going public via SPAC, SoFi’s stock is down 28% in 2022  —  The all-stock deal is CEO Anthony Noto’s latest move to make the onetime student lender into a full-service bank