SoFi Technologies Acquires Golden Pacific Bancorp, Inc.

SoFi Acquires Galileo Financial Technologies

April 7, 2020

Payments & Fintech

SoFi (Social Finance, Inc.) agreed to acquire Galileo Financial Technologies for $1.2 billion in cash and stock. The purchase adds Galileo's payments and banking API platform to SoFi's technology stack to expand its product capabilities and distribution to Galileo partners; Galileo will operate as an independent SoFi subsidiary.

SoFi Completes Acquisition of Technisys

March 4, 2022

Cloud & SaaS

SoFi Technologies completed its acquisition of Technisys, a cloud-native, digital multi-product core banking platform. The deal strengthens SoFi’s Galileo fintech/cloud business by combining Galileo and Technisys into an end-to-end vertically integrated banking technology stack with integrated processing and card issuing.

Banc of California to Acquire Pacific Mercantile Bancorp

March 22, 2021

Financial Services

Banc of California, Inc. agreed to acquire Pacific Mercantile Bancorp in an all-stock merger valued at approximately $235 million. Pacific Mercantile’s shareholders are expected to receive 0.5 shares of Banc of California common stock per share, with the deal slated to close in the third quarter of 2021 subject to regulatory and shareholder approvals.

SoFi Technologies Acquires Wyndham Capital Mortgage

April 3, 2023

Financial Services

SoFi Technologies acquired Wyndham Capital Mortgage, a fintech mortgage lender, in an all-cash transaction. The acquisition is expected to be accretive within six months and will integrate Wyndham Capital’s talent and technology to expand SoFi’s digital mortgage offerings.

Columbia Banking System to Acquire Pacific Premier Bancorp

September 2, 2025

Financial Services

Columbia Banking System, Inc. (Columbia) entered into a definitive all-stock merger agreement to acquire Pacific Premier Bancorp, Inc. Columbia will receive Pacific Premier in a stock-for-stock exchange (0.9150 Columbia shares for each Pacific Premier share). The transaction received required regulatory approvals and was later reported as closed as of August 31, 2025.

First Bancorp Acquires GrandSouth Bancorporation

January 1, 2023

Financial Services

First Bancorp (parent of First Bank) completed its acquisition of GrandSouth Bancorporation (the parent of GrandSouth Bank) effective January 1, 2023 in an all-stock merger (0.91 shares of First Bancorp per GrandSouth share). The deal expands First Bank's presence in South Carolina by adding GrandSouth's eight branches and is expected to accelerate First Bancorp's South Carolina growth, creating a combined company with approximately $12 billion in assets and 118 branches.