Social Finance, Inc. is nearing a deal to go public through a merger with Social Capital Hedosophia Holdings Corp. V (NYSE:IPOE), a blank-check acquisition company led by venture capital investor Chamath Palihapitiya, people familiar with the matter said. The deal would value SoFi at more than $6 billion and could be announced in the coming days, the sources said, cautioning that the talks could still collapse and the terms could be changed.

The sources requested anonymity because the negotiations are confidential. SoFi and Social Capital did not immediately respond to requests for comment.