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

SoFi Technologies, Inc. (NASDAQ: SOFI) has announced the appointment of Stephen Simcock as its new general counsel. Simcock, who brings over three decades of experience in the legal field within major financial institutions, will take over from Rob Lavet, SoFi’s retiring chief legal officer.

SoFi Technologies, Inc. (NASDAQ: SOFI), a provider of digital financial services, announced the placement of a $350 million personal loan securitization with funds and accounts managed by PGIM Fixed Income, a Prudential Financial (NYSE: PRU) company.

SoFi Technologies, Inc. has announced its financial results for the first quarter of 2024, showcasing impressive growth and profitability. The company reported a net revenue of $645 million and a net income of $88 million, marking its second consecutive quarter of GAAP profitability.According to the report, the 54% combined revenue growth in the tech platform and financial services segments drove a 26% growth in total adjusted net revenue. The management team at SoFi also raised the guidance for the fiscal year 2024."SoFi is a member-centric, one-stop shop for digital...

The National Basketball Association (NBA) and SoFi have announced a multi-year partnership, designating SoFi as the official banking partner of the NBA, NBA G League, NBA 2K League, and USA Basketball. As part of this agreement, SoFi will also be the official entitlement partner of the SoFi NBA Play-In Tournament.

SoFi Technologies, Inc. has announced its participation in an upcoming investor conference. Chris Lapointe, the company's Chief Financial Officer, will engage in a moderated fireside chat at the UBS Financial Services Conference later this month.

More employees are experiencing financial stress, with nearly 90% expressing concerns about their finances. Despite significant salary increases in 2023, almost half of the workforce feels unprepared for emergencies or retirement. Employers can play a crucial role in alleviating this stress through innovative benefits that enhance financial well-being and business performance.

SoFi, a digital personal finance company, has announced that its SoFi Invest members will now have the opportunity to invest in alternative investment funds, mutual funds, and money market funds. This initiative aims to provide everyday investors with access to investment opportunities traditionally reserved for wealthier individuals.

SoFi Technologies, Inc. has released its financial results for the fourth quarter and fiscal year ending December 31, 2023. The announcement was made on January 29, 2024, from San Francisco, California.

SoFi has announced the launch of its new small business marketplace, aiming to assist American small business owners in securing financing. This initiative expands SoFi's product offerings and connects users with a network of financial providers.

SoFi, a digital personal finance company, has been honored with three 2024 Best-Of Awards by NerdWallet. The awards recognize SoFi for the Best Checking Account Overall and Best Checking Account for Overdraft Fee Avoidance through its SoFi Checking & Savings product, as well as the Best Personal Loan Overall for SoFi Loans.

SoFi, a digital personal finance company, has announced that its SoFi Invest platform will provide a 2% match on eligible IRA contributions until April 15, 2024. This new offer is an increase from the previously announced 1% match and aims to help members enhance their retirement savings during tax season. The IRA match applies to all new ACH transfers into IRA accounts.

SoFi Technologies, Inc., a digital personal finance company, has announced a conference call to discuss its financial and operating results for the fourth quarter and full year of 2023. The call is scheduled for Monday, January 29, 2024, at 8 a.m. Eastern Time. The company's fourth-quarter and fiscal year results will be available on its investor relations website at approximately 7 a.m. Eastern Time on the same day.

SoFi Technologies, Inc. has announced the launch of a new financial product, the SoFi Enhanced Yield ETF (ticker: THTA). This fund aims to provide investors with a method to generate monthly income through short-term Treasury Bills and an options overlay strategy.

SoFi Technologies, Inc., a digital personal finance company, has announced its participation in two upcoming investor events. Chris Lapointe, SoFi's Chief Financial Officer, will engage in a fireside chat at the Stephens Annual Investment Conference on November 15, 2023. In December, CEO Anthony Noto and CFO Chris Lapointe will conduct a Q&A session for shareholders.