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 financial services on a mission to help people achieve financial independence to realize their ambitions," stated a representative of the company. With over 8.1 million members, SoFi offers a full suite of financial products and services to help individuals borrow, save, spend, invest, and protect their money efficiently.

The company innovates across three business segments: Lending, Financial Services, and Technology Platform. SoFi's offerings include SoFi Checking and Savings, SoFi Invest, SoFi Credit Card, SoFi Protect, and SoFi Insights. SoFi Bank, N.A., an affiliate of SoFi, is a nationally chartered bank regulated by the OCC and FDIC.

Investors and interested parties can access more information, including supplemental financial information, on SoFi's Investor Relations website. The executive management team of SoFi will be hosting a live audio webcast to discuss the financial results and business highlights.

For more details about SoFi Technologies, Inc. and its range of financial services and products, individuals can visit SoFi's official website or download the iOS and Android apps.