SoFi has announced plans to introduce new crypto-enabled features for its members, including a global remittance service and the return of crypto investing, both expected to launch later this year.
SoFi Technologies, Inc. has released its “The Cost of Admission 2025” report, presenting findings from a national survey of 3,500 students, graduates, and parents about the challenges and perceptions related to financing higher education in the...
SoFi Technologies, Inc. has announced a new partnership with country music artist Kelsea Ballerini and the nonprofit organization tnAchieves to launch the Rising Stars Program.
SoFi Technologies, Inc. (NASDAQ: SOFI) has introduced SmartStart, a new refinancing option designed to provide student loan borrowers with more flexibility during significant life changes.
SoFi Technologies, Inc. has announced a partnership with the Country Music Association, becoming the official bank and the first presenting sponsor of the CMA Fest.
SoFi Technologies, Inc. has announced the completion of a $697.6 million securitization involving personal loans originated by SoFi Bank, N.A. This marks the first securitization of new collateral in SoFi’s Consumer Loan Program since 2021 and...
SoFi Technologies, Inc. and PGIM Fixed Income have announced a $525 million securitization agreement for personal loans, closed in the fourth quarter of 2024.
SoFi Technologies, Inc. has announced the adoption of Galileo's Cyberbank Core to enhance its commercial payment services. This new development will support a range of payment services for commercial clients, including debit, prepaid, ACH and wire transactions. The integration is expected to be completed by November 2024.
SoFi has announced a partnership with Venus Williams and Cameron Brink to launch the "Give Her Credit" campaign, celebrating the 50th anniversary of the Equal Credit Opportunity Act (ECOA). This initiative aims to support women's financial independence by awarding $500,000 to 50 individuals. Each recipient will receive $10,000 to advance projects that promote financial autonomy for women.
SoFi Technologies, Inc. has announced a significant expansion of its loan platform business through a $2 billion agreement with Fortress Investment Group LLC. This deal is aimed at enhancing SoFi's capabilities in referring pre-qualified borrowers to loan origination partners and originating loans on behalf of third parties.
SoFi Technologies, Inc. has announced the introduction of two new credit cards: the SoFi Everyday Cash Rewards Credit Card and the SoFi Essential Credit Card. This expansion is part of SoFi's strategy to meet a variety of consumer credit needs and enhance its financial services portfolio.
SoFi Technologies, Inc. and PrimaryBid Technologies Inc. have introduced DSP2.0, a Directed Share Platform aimed at modernizing equity program management for companies seeking to raise capital in the U.S. The platform is designed to streamline processes that have traditionally been manual and costly.
SoFi Technologies Reports Net Revenue of $599 Million and Net Income of $17 Million for Q2 2024, Marking Third Consecutive Quarter of GAAP Profitability