SoFi Technologies has teamed up with Kelsea Ballerini and tnAchieves, a nationally recognized nonprofit dedicated to college access and success, to launch the Rising Stars Program.
All of the parties involved have together raised $2 million to help the next generation of Tennessee students achieve financial independence. SoFi will provide tnAchieves with over $500,000 in grants to expand its Complete program.
SoFi’s contributions will fund students’ one-on-one coaching and financial support as they prepare for their careers, as well as a specialized financial readiness curriculum for the 60,000 students across their programs. In addition, to help people start investing early, SoFi is offering every Tennessee resident between the ages of 18 and 24 the opportunity to receive a minimum of $5 in stock of their choosing, at no cost, with a chance to receive up to $1,000 in stock – all with no minimum deposit or fees required.
“It has taken me years of hard work to reach my ambitions, and I’ve been lucky to have the support of so many people along the way,” said Ballerini. “I’m incredibly proud to be working with SoFi to give students in Tennessee the financial tools and education they need to succeed. Investing even small amounts of money in your 20s will go further than larger amounts invested later in life. Building true financial independence starts by investing in your future early… in all the ways!”
The Rising Stars Program will enable tnAchieves’s Complete to expand its support for students across Tennessee to help them meet college enrollment requirements and successfully earn a college credential, from coaching to financial assistance for food, housing, laptops, textbooks, and emergency funds. SoFi will also equip all tnAchieves students with a financial planning curriculum covering topics like budgeting, investing and saving for future life milestones.
“At SoFi, we’re committed to helping people achieve financial independence to realize their ambitions. And we know access to financial education, coaching, and investment tools can drive generational wealth and long-term success,” added Lauren Stafford Webb, CMO at SoFi. “This partnership is about creating real opportunity for young people to get their money right and build the foundation for their financial future. As a mother and a Tennessean, I care deeply about investing in the state’s next generation, and SoFi is honored to work alongside Kelsea Ballerini and tnAchieves to make an impact.”
+ Bandcamp, an online music marketplace and community, has announced that its latest Bandcamp Friday, which took place on May 2, generated over $3.2 million for independent artists in just 24 hours.
Celebrating its fifth anniversary this year, Bandcamp Friday was launched during the Covid-19 pandemic to support independent acts. On these selected Fridays, Bandcamp waives its share of revenue, so all artist and label proceeds from music and merch sales go directly to them. Bandcamp Fridays have generated over $140 million alone since 2020, per the company’s press release.
+ GTS (Global Talent Services) has acquired Latin music management company RLM (Rosa Lagarrigue Management), to enhance the global development of artists.
Founded in 2011, GTS is one of the leading agencies in the sector, with a presence in Spain, Portugal, the United States, Mexico, Colombia, Argentina, Chile, and Brazil. Under the leadership of Narcís Rebollo, GTS represents artists such as Aitana, Amaia, David Bisbal, Ela Taubert, Lola Indigo, Lauana Prado, Pablo Alborán, Pablo López, and Vivir Quintana.
Rebollo said, “It is a pleasure to announce the addition of Rosa Lagarrigue and her RLM team to GTS. With her extensive experience, knowledge, and track record, Rosa is a key and respected figure in the management world, and this addition to our organization is a further investment in our position as a leading Talent Management and Services Company in Latin Music today. I am convinced that the integration of our teams will provide each of our artists the best service and strategic support to achieve their goals across all markets.I would like to thank the entire GTS team worldwide, the RLM team, and all of the wonderful artists we represent, for their full support in this acquisition.”
Lagarrigue commented, “I have always believed that every artist needs unique and personalized support; one that combines listening, intuition, strategy, and honest work. I’m excited to share this project with Narcís, undoubtedly one of the most brilliant executives in the industry, and with his team. What we started at RLM not only continues, but it is amplified and strengthened alongside them.”
+ New York-based indie label Equal Vision Records and Donovan Melero’s Kill Iconic Records have inked a new partnership for 2025 and beyond.
With a roster that includes Moondough, Lobby Boxer, Dwellings, Mella, Resilia, ahh-ceh and Gold Necklace, the partnership will aim to combine boutique-style care with larger label resources and experience.
“Donovan Melero is a force of nature,” said Daniel Sandshaw of Equal Vision Records. “After working with Hail The Sun for nearly a decade, I’ve seen firsthand the passion and drive he brings to everything he touches. Watching kill iconic evolve into a vibrant hub of art and culture has been incredibly inspiring. Now feels like the perfect time for EVR and kill iconic records to join forces, as we look to grow and support the next wave of groundbreaking artists together.”
+ Regional Mexican music imprint Kartel Music (Luis R Conriquez, Tony Aguirre) is rebranding as K Music.
“This rebranding to K Music marks a significant milestone for our team and artists,” said Freddy Becerra, CEO/co-founder of K Music, in a statement. “Our new name reflects an ambition with no borders.”
+ Asher Angel, with co-management by Jeff Golenberg of Strand Entertainment, has signed with Vitalize Projects, an artist-first music management company.
Asher is best known for his breakout role as Jonah Beck on Disney Channel’s “Andi Mack,” and as Billy Batson in the “Shazam!” film franchise. His debut songs include “Alternate Ending” and “Thinkin Bout Me.”