If 2015 has been a banner year for fintech and alternative lending, September just made a late grab for the title of “busiest month ever” for this burgeoning space. The past thirty days have seen the likes of Prosper’s BillGuard acquisition, a $325 million Series E funding round for Avant and a tenfold market expansion for CommonBond. But Wednesday, the last day of the month, saw one of the biggest announcements yet: SoFi confirmed that it has secured $1 billion in Series E funding, the largest single financing round in the fintech space to-date.

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