Exhibit 10.5

Social Finance Inc.

234 1st St

San Francisco, CA 94105

July 1, 2019

Aaron Webster

Sent via email: aaron.webster@alumni.unc.edu

Dear Aaron,

Social Finance Inc. , a Delaware corporation (the “ Company ”), is pleased to offer you

employment with the Company on the terms described below.

1.Position. You will start in a full-time position as Chief Risk Officer with the additional responsibility as the Head of SoFi Latam as such you will be responsible for evaluating and recommending our expansion strategy to Latin America, go to market plan and be the head of the overall business. You will report to the Company’s Chief Executive Officer, Anthony Noto. Your role will be based in South Carolina and travel to SoFi locations and other business travel will be provided per SoFi’s travel and expense policy. By signing this letter, you confirm with the Company that you are under no contractual or other legal obligations that would prohibit you from performing your duties with the Company.

2.Compensation and Employee Benefits. You will be paid a starting salary of $500,000 per year, payable on the Company’s regular payroll dates. You are eligible for a discretionary bonus of 100% of your base salary, dependent upon Company as well as individual

performance, in accordance with the Company’s annual bonus plan.

(a)You will receive a sign-on advance in the amount of $200,000 which will

be paid within 30 days of your start date . The advance discussed in this paragraph are being

provided in anticipation of your working at the Company for at least 12 months, are not earned

until the first anniversary of your employment, and are subject to the clawback provisions set

forth in Attachment A.

(b)As a regular employee of the Company you will be eligible to participate

in a number of Company-sponsored benefits, which are described in the employee benefit

summary that will be sent to you under separate cover.

3.Restricted Stock Units. Subject to the approval of the Company’s Board of

Directors, you will be granted 620,000 restricted stock units (“RSUs”). The vesting commencement date for your RSUs will be the next Stock Committee approval date following

your start date; approval dates are quarterly on the 14th of the third month. You will vest in 25%

of the RSU on the 12-month anniversary of your vesting commencement date. 1/16 of the total

RSUs will vest in quarterly installments thereafter, provided you remain employed with the

Company. The RSU grant will be subject to the terms and conditions of the Company’s standard

form of award agreement applicable to RSUs granted under the 2011 Stock Plan, as described therein and in the applicable RSU agreement, which you will be required to sign. Your grant will

include language stating that 100% of the then unvested RSUs will vest and become exercisable

upon the occurrence of a Change of Control as defined in the Company’s Stock Plan and such

other terms as stated in the grant agreement.

4.Confidential Information and Invention Assignment Agreement. Like all

Company employees, you will be required, as a condition of your employment with the Company, to sign the Company’s enclosed standard Confidential Information and Invention

Assignment Agreement.

5.Employment Relationship. Employment with the Company is for no specific

period of time. Your employment with the Company will be “at will,” meaning that either you

or the Company may terminate your employment at any time and for any reason, with or without

cause. Any contrary representations which may have been made to you are superseded by this

offer. This is the full and complete agreement between you and the Company on this term. Although your job duties, title, compensation and benefits, as well as the Company’s personnel

policies and procedures, may change from time to time, the “at will” nature of your employment

may only be changed in an express written agreement signed by you and the Company’s Chief

Executive Officer.

6.Outside Activities. While you render services to the Company, you agree that

you will not engage in any other employment, consulting or other business activity without the

written consent of the Company. In addition, while you render services to the company, you will

not assist any person or entity in competing with the Company, in preparing to compete with the

Company or in hiring any employees or consultants of the Company. The outside activities

outlined in exhibit A are approved.

7.Withholding Taxes. All forms of compensation referred to in this letter are

subject to applicable withholding and payroll taxes.

8.Entire Agreement. This letter supersedes and replaces any prior understandings

or agreements, whether oral, written or implied, between you and the Company regarding the

matters described in this letter.

9.Background Check. " This employment offer is contingent upon our satisfaction

with the results of a reference check and criminal history and background checks.

[Signature Page Follows]

If you wish to accept this offer, please sign and date both the enclosed duplicate original of this

letter and the enclosed Confidential Information and Invention Assignment Agreement and

return them to me. As required, by law, your employment with the Company is also contingent

upon your providing legal proof of your identity and authorization to work in the United States.

This offer, if not accepted, will expire at the close of business on July 2nd, 2019.

We look forward to having you join us, with an anticipated start date of TBD.

Very truly yours,

Social Finance Inc.

By: /s/ Anna Avalos

(Signature)

Name: Anna Avalos

Title: Head of People

ACCEPTED AND AGREED:

Aaron Webster

Date 7/5/2019

Anticipated Start Date: TBD.

Attachment A : Confidential Information and Invention Assignment Agreement