SoFi stock closes up more than 12% after debut on Nasdaq

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SoFi CEO anthonynoto joined CNBCTechCheck to talk about his company's public debut earlier today. 'We're the only one-stop shop to do all of your financial services needs on one platform.'

SoFi, short for Social Finance, went public by merging with Social Capital Hedosophia Corp V, a blank-check company run by venture capital investor Chamath Palihapitiya. The stock closed up more than 12% to $22.65.

The shares were previously listed under the ticker IPOE for Palihapitiya's special purpose vehicle. Shares of Palihapitiya's venture closed at $20.15 on Friday, up 62% year to date.

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