SoFi CEO on why the start-up bought naming rights to new LA stadium

3:22 PM ET Sun, 15 Sept 2019

Financial technology start-up Social Finance is putting its name on the most expensive NFL stadium ever built. The company announced a 20-year deal on Sunday to call the new Los Angeles football compound "SoFi Stadium." The 3-million-square-foot arena, which will be home to both the Rams and the Chargers, is set to open next summer. SoFi CEO Anthony Noto speaks with CNBC about the deal.