Thursday, November 21, 2024
Chris Lapointe CFO of SoFi | SoFi Offial Website

SoFi Technologies reports Q4 and full-year 2023 financial results

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.

The company plans to host a live audio webcast at 8:00 a.m. Eastern Time (5:00 a.m. Pacific Time) today to discuss these financial results and business highlights. Interested parties can access the live webcast at https://investors.sofi.com, with a replay available for 30 days on the SoFi Investor Relations website.

SoFi is known as a member-centric digital financial services provider aimed at helping individuals achieve financial independence. It offers various financial products and services to over 7.5 million members through an integrated app platform.

The company's operations are divided into three segments: Lending, Financial Services—which includes SoFi Checking and Savings, SoFi Invest, SoFi Credit Card, SoFi Protect, and SoFi Insights—and Technology Platform offering an end-to-end vertically integrated technology stack.

SoFi Bank, N.A., an affiliate of SoFi, operates as a nationally chartered bank regulated by the OCC and FDIC while SoFi functions as a bank holding company under Federal Reserve regulation. Additionally, the company holds naming rights for SoFi Stadium in Los Angeles.

Investors are encouraged to visit the company's websites and social media channels for regular updates which could be considered material information.

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