US finance app SoFi acquires Composer to add AI investing strategies

San Francisco-based banking, lending, and investing app SoFi has acquired Toronto-based FinTech startup Composer for an undisclosed amount. The news: Last week, SoFi revealed Composer by SoFi, a new AI-powered investing platform within its financial app, built on its acquisition of Composer. The new tool will allow SoFi’s 14 million members to turn their investing ideas into full strategies.