Articles from SoFi Technologies
SoFi Technologies Reports Net Revenue of $734 Million and Net Income of $332 Million for Q4 2024, Demonstrating Durable Growth and Strong Returns
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, reported financial results today for its fourth quarter and fiscal year ended December 31, 2024.
By SoFi Technologies · Via Business Wire · January 27, 2025
SoFi and PGIM Fixed Income Announce $525 Million Securitization Agreement, Signaling Continued Demand for Personal Loans
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced a $525 million personal loan securitization agreement closed in Q4 2024 with funds and accounts managed by PGIM Fixed Income, one of the largest global fixed income managers – with $859 billion in assets under management (AUM), including $120 billion in public and private securitized credit AUM.
By SoFi Technologies · Via Business Wire · January 16, 2025
SoFi Schedules Conference Call to Discuss Q4 2024 & Full Year 2024 Results
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced plans to host a conference call to discuss financial and operating results for the fourth quarter and full year of 2024 on Monday, January 27, 2025, at 8 a.m. Eastern Time. SoFi also plans to release its fourth quarter and fiscal year 2024 results on the investor relations section of its website at https://investors.sofi.com at approximately 7 a.m. Eastern Time on Monday, January 27, 2025.
By SoFi Technologies · Via Business Wire · January 3, 2025
10 Million Members Now Getting Their Money Right with SoFi
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, announced today that it now serves more than 10 million members across its suite of products and services. In 2024 to-date, total members increased by nearly 2.5 million. The company’s member base has grown more than 9x in less than five years.
By SoFi Technologies · Via Business Wire · December 17, 2024
SoFi Expands Access to Alts through New Partnership with Templum: Cosmos Fund, with Sole Exposure to SpaceX, Pomona Investment Fund, and StepStone Private Markets Fund
Today, SoFi (SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, announced access to three new private market funds through a relationship with Templum, which operates Templum One, a purpose-built platform for seamlessly accessing and transacting in private alternatives: The Cosmos Fund (with sole exposure to SpaceX) along with two additional private equity funds Pomona Investment Fund, and StepStone Private Markets Fund.
By SoFi Technologies · Via Business Wire · December 4, 2024
SoFi to Participate in Upcoming Investor Conference
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced that it will participate in an upcoming investor conference. SoFi’s CFO, Chris Lapointe, will participate in a moderated fireside chat discussion at the UBS Global Technology and AI Conference.
By SoFi Technologies · Via Business Wire · November 14, 2024
SoFi’s New Robo-Advisor Platform Expands Everyday Investors’ Access to Diversified Asset Classes
Today, SoFi (SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, announced the launch of a new robo-advisor platform, expanding on the company’s current automated investment offering. SoFi is now one of the few automated investment platforms to provide access to alternative asset classes alongside traditional and sustainability-focused funds. These offerings, built in partnership with the world’s largest asset manager, BlackRock Inc. (BLK), expose investors without significant financial resources, or a wealth manager, to new strategies and funds, some of which would otherwise require a seven-figure investment minimum.
By SoFi Technologies · Via Business Wire · November 12, 2024
SoFi Technologies Reports Net Revenue of $697 Million and Net Income of $61 Million for Q3 2024, Demonstrating Durable Growth and Strong Returns
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, reported financial results today for its third quarter ended September 30, 2024.
By SoFi Technologies · Via Business Wire · October 29, 2024
SoFi Partners with Venus Williams and Cameron Brink to Launch the ‘Give Her Credit’ Campaign in Honor of the 50th Anniversary of the Equal Credit Opportunity Act
In honor of the 50th anniversary of the Equal Credit Opportunity Act (ECOA), SoFi (NASDAQSOFI), the one-stop shop for digital personal financial services, has teamed up with tennis champion, entrepreneur and author Venus Williams and Los Angeles Sparks forward Cameron Brink to launch the Give Her Credit campaign. With this national initiative, SoFi will begin accepting submissions to award $500,000 to 50 people (each receiving $10,000) to help further advance women’s financial independence and help inspire their financial ambitions.
By SoFi Technologies · Via Business Wire · October 15, 2024
SoFi Expands Loan Platform Business with $2 Billion Agreement with Fortress Investment Group
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced a $2 billion loan platform business agreement for personal loans with funds managed by affiliates of Fortress Investment Group LLC (“Fortress”). The agreement will expand SoFi’s capabilities in its loan platform business, where the company refers pre-qualified borrowers to loan origination partners as well as originates loans on behalf of third parties.
By SoFi Technologies · Via Business Wire · October 14, 2024
SoFi Launches Two New Credit Cards: SoFi Everyday Cash Rewards and SoFi Essential
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest, and protect their money, is expanding its credit card portfolio with the launch of the SoFi Everyday Cash Rewards Credit Card and the SoFi Essential Credit Card (1). These new offerings, developed with extensive feedback from SoFi members and others, build on the company’s commitment to helping people achieve their ambitions and serving their diverse credit needs.
By SoFi Technologies · Via Business Wire · October 9, 2024
SoFi Launches Directed Share Platform for U.S. IPOs and Capital Raises, Powered by PrimaryBid
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, and PrimaryBid Technologies Inc., a leading capital markets fintech firm, today announced the launch of DSP2.0, an advanced Directed Share Platform (DSP) that offers a modern and streamlined approach to equity program management for companies looking to raise capital in the U.S.
By SoFi Technologies · Via Business Wire · October 2, 2024
SoFi Schedules Conference Call to Discuss Q3 2024 Results
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced plans to host a conference call to discuss financial and operating results for the third quarter of 2024 on Tuesday, October 29, 2024, at 8 a.m. Eastern Time. SoFi also plans to release its third quarter 2024 results on the investor relations section of its website at https://investors.sofi.com at approximately 7 a.m. Eastern Time on Tuesday, October 29, 2024.
By SoFi Technologies · Via Business Wire · October 1, 2024
SoFi and Los Angeles Chargers Quarterback Justin Herbert Tackle Rising Costs of Youth Sports with Game Changers Challenge
SoFi (NASDAQSOFI), the one-stop shop for digital personal financial services, and Los Angeles Chargers Quarterback Justin Herbert today launched the Game Changers Challenge, a national campaign to provide funding for public high school sports programs in need. SoFi and Justin Herbert built the Game Changers Challenge to shed light on the strong connection between participation in youth sports and positive financial outcomes. For example, 95% of Fortune 500 CEOs having played youth sports.1 Yet today, with youth sports carrying an average price tag of $833 per child, per season,2 this opportunity is frequently out of reach for families.
By SoFi Technologies · Via Business Wire · September 6, 2024
SoFi to Participate in Upcoming Investor Conference
SoFi Technologies, Inc. (NASDAQSOFI), the one-stop shop for digital financial services, today announced that it will participate in an upcoming investor conference. SoFi’s CEO, Anthony Noto, will participate in a moderated fireside chat discussion at the Goldman Sachs Communacopia + Technology Conference.
By SoFi Technologies · Via Business Wire · August 26, 2024
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. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, reported financial results today for its second quarter ended June 30, 2024.
By SoFi Technologies · Via Business Wire · July 30, 2024
SoFi Schedules Conference Call to Discuss Q2 2024 Results
SoFi Technologies, Inc. (NASDAQSOFI), the digital personal finance company, today announced plans to host a conference call to discuss financial and operating results for the second quarter of 2024 on Tuesday, July 30, 2024, at 8 a.m. Eastern Time. SoFi also plans to release its second quarter 2024 results on the investor relations section of its website at https://investors.sofi.com at approximately 7 a.m. Eastern Time on Tuesday, July 30, 2024.
By SoFi Technologies · Via Business Wire · July 1, 2024
SoFi to Participate in Upcoming Investor Conference
SoFi Technologies, Inc. (NASDAQSOFI), the digital personal finance company, today announced that it will participate in an upcoming investor conference. SoFi’s CFO, Chris Lapointe, will participate in a moderated fireside chat discussion at the Mizuho Technology Conference.
By SoFi Technologies · Via Business Wire · June 5, 2024
SoFi Appoints Stephen Simcock as General Counsel
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced Stephen Simcock as the company’s new general counsel. Simcock – who has spent more than three decades helping retail financial institutions navigate rapidly evolving markets and a shifting regulatory landscape – will lead SoFi’s legal department with the retirement of Rob Lavet, the company’s chief legal officer.
By SoFi Technologies · Via Business Wire · June 3, 2024
SoFi Strengthens Lending Capabilities with $350 Million Personal Loan Securitization Placement with PGIM
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, announced today the Q1 2024 placement of a $350 million personal loan securitization exclusively with funds and accounts managed by PGIM Fixed Income, a Prudential Financial NYSE: PRUNYSEPRU)
By SoFi Technologies · Via Business Wire · May 21, 2024
SoFi Announces New Partnership with #4 World Ranked Professional Golfer and Reigning U.S. Open Champion Wyndham Clark
SoFi (NASDAQSOFI), the digital personal finance company, announced a multi-year partnership with #4 world-ranked professional golfer and reigning U.S. Open Champion, Wyndham Clark. The partnership between SoFi and the three-time PGA TOUR winner comes ahead of Clark’s first appearance at the Masters Tournament at Augusta National later this week.
By SoFi Technologies · Via Business Wire · April 9, 2024
SoFi Schedules 2024 Annual Meeting of Stockholders
SoFi Technologies, Inc. (NASDAQSOFI), the digital personal finance company, today announced plans to host its 2024 Annual Meeting of stockholders (the “2024 Annual Meeting”) on Tuesday, May 21, 2024, at 7:00 a.m., Pacific Time (10:00 a.m. Eastern Time). The 2024 Annual Meeting will be held virtually.
By SoFi Technologies · Via Business Wire · April 8, 2024
SoFi Schedules Conference Call to Discuss Q1 2024 Results
SoFi Technologies, Inc. (NASDAQSOFI), the digital personal finance company, today announced plans to host a conference call to discuss financial and operating results for the first quarter of 2024 on Monday, April 29, 2024, at 8 a.m. Eastern Time. SoFi also plans to release its first quarter 2024 results on the investor relations section of its website at https://investors.sofi.com at approximately 7 a.m. Eastern Time on Monday, April 29, 2024.
By SoFi Technologies · Via Business Wire · April 2, 2024
SoFi Technologies, Inc. Prices $750 Million Convertible Senior Notes Offering Due 2029
SoFi Technologies, Inc. (“SoFi”) (NASDAQSOFI) today announced that it priced its private offering of 1.25% convertible senior notes due 2029 (the “notes”) in an aggregate principal amount of $750 million. The notes will be sold in a private offering only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). SoFi also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date notes are first issued, up to an additional $112.5 million aggregate principal amount of notes. The issuance and sale of the notes is scheduled to settle on or about March 8, 2024, subject to customary closing conditions.
By SoFi Technologies · Via Business Wire · March 5, 2024
SoFi Technologies, Inc. Announces Proposed Convertible Senior Notes Offering Due 2029
SoFi Technologies, Inc. (“SoFi”) (NASDAQSOFI) today announced its intention to offer, subject to market and other conditions, $750 million aggregate principal amount of convertible senior notes due 2029 (the “notes”) in a private offering only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). SoFi also intends to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $112.5 million aggregate principal amount of notes.
By SoFi Technologies · Via Business Wire · March 5, 2024
SoFi Named the Official Banking Partner of the NBA, NBA G League, NBA 2K League and USA Basketball
The National Basketball Association (NBA) and SoFi today jointly announced a multi-year partnership making SoFi the official banking partner of the NBA, NBA G League, NBA 2K League and USA Basketball. SoFi, the bank and personal finance company, will also be the official entitlement partner of the SoFi NBA Play-In Tournament.
By SoFi Technologies · Via Business Wire · February 13, 2024
SoFi to Participate in Upcoming Investor Conference
SoFi Technologies, Inc. (NASDAQSOFI), the digital personal finance company, today announced that it will participate in an upcoming investor conference. Later this month, SoFi’s CFO, Chris Lapointe, will participate in a moderated fireside chat discussion at the UBS Financial Services Conference.
By SoFi Technologies · Via Business Wire · February 12, 2024
SoFi Breaks Down Barriers to Investing By Offering Alternative Investments
SoFi (NASDAQSOFI), the all-in-one digital personal finance company, announced today that SoFi Invest members will now be able to invest in select alternative investment funds, mutual funds, and money market funds. With the launch of alternative investments, SoFi is granting everyday investors access to the power to build and protect their wealth through investment opportunities traditionally reserved for the ultra wealthy.
By SoFi Technologies · Via Business Wire · January 29, 2024
SoFi Technologies, Inc. Reports Fourth Quarter and Fiscal Year 2023 Results
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, reported financial results today for its fourth quarter and fiscal year ended December 31, 2023.
By SoFi Technologies · Via Business Wire · January 29, 2024
SoFi Launches Small Business Financing Marketplace
SoFi (NASDAQSOFI), the digital personal finance company, announced today the expansion of its new small business marketplace within the SoFi product experience. With this addition, SoFi will now be able to better support millions of American small business owners’ financing needs by connecting them to SoFi’s network of providers.
By SoFi Technologies · Via Business Wire · January 17, 2024
SoFi Takes Home Three Awards in NerdWallet’s 2024 Best-Of Awards
Today, SoFi (NASDAQSOFI), the digital personal finance company, received three 2024 Best-Of Awards from NerdWallet, Inc., a platform that provides financial guidance to consumers and small and mid-sized businesses (SMBs). SoFi was recognized by NerdWallet and selected as the Best Checking Account Overall and Best Checking Account for Overdraft Fee Avoidance for SoFi Checking & Savings, as well as Best Personal Loan Overall for SoFi Loans.
By SoFi Technologies · Via Business Wire · January 8, 2024
SoFi Schedules Conference Call to Discuss Q4 2023 & Full Year 2023 Results
SoFi Technologies, Inc. (NASDAQSOFI), the digital personal finance company, today announced plans to host a conference call to discuss financial and operating results for the fourth quarter and full year of 2023 on Monday, January 29, 2024, at 8 a.m. Eastern Time. SoFi also plans to release its fourth quarter and fiscal year 2023 results on the investor relations section of its website at https://investors.sofi.com at approximately 7 a.m. Eastern Time on Monday, January 29, 2024.
By SoFi Technologies · Via Business Wire · January 4, 2024
SoFi Accelerates Retirements With 2% Match On IRA Contributions
SoFi, the all-in-one digital personal finance company, today announced SoFi Invest will offer a 2% match on all eligible IRA (individual retirement account) contributions through Tax Day (April 15, 2024)¹. This new offer doubles the previously announced 1% IRA match offered in late 2023, and empowers SoFi Invest members to make the most of their IRA contributions and accelerate their retirement savings during tax season. With the newly increased match available throughout tax season, SoFi is helping turn tax day anxiety and tax day excitement.
By SoFi Technologies · Via Business Wire · January 4, 2024
SoFi Invest Launches the SoFi Enhanced Yield ETF to Offer Investors a New Income Source
SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, today announced the launch of the SoFi Enhanced Yield ETF (NYSE Arca: THTA).
By SoFi Technologies · Via Business Wire · November 16, 2023
SoFi to Participate in Upcoming Investor Conferences
SoFi Technologies, Inc. (NASDAQSOFI), the digital personal finance company, today announced management participation in two upcoming events within the investor community. Later this month, SoFi’s Chief Financial Officer, Chris Lapointe will participate in a moderated fireside chat discussion at the Stephens Annual Investment Conference. In December, SoFi CEO, Anthony Noto will host a moderated Q+A session alongside SoFi’s CFO, Chris Lapointe to answer questions submitted by shareholders.
By SoFi Technologies · Via Business Wire · November 7, 2023
Let’s Hope Your Secret Santa is a Millennial: SoFi Checking & Saving Study Shows This Generation Spends $1,500 on Holiday Shopping
With the holidays chipping away at consumers' wallets already, SoFi Checking & Savings1 found that Americans will spend over $1,100 on average on holiday gifts, with Millennials leading the pack with spending nearly $1,500 on average. SoFi, the all-in-one digital personal finance company, conducted the second annual SoFi Spending & Saving Study2 to explore consumers' feelings and plans around their holiday shopping, charitable giving and travel this year.
By SoFi Technologies · Via Business Wire · November 1, 2023
SoFi and BlackRock Partner on $375 Million Personal Loan Securitization
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced an agreement to place a $375 million personal loan securitization exclusively with funds and accounts managed by BlackRock NYSE: BLKNYSEBLK)
By SoFi Technologies · Via Business Wire · October 30, 2023
SoFi Technologies, Inc. Reports Third Quarter 2023 Results
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, reported financial results today for its third quarter ended September 30, 2023.
By SoFi Technologies · Via Business Wire · October 30, 2023
CORRECTING and REPLACING New SoFi Survey Reveals America's Top Financial Ambitions; Two-Thirds of Gen Z and Millennials Are Willing to Skip Dining Out for 5 Years to Retire by 50
Please replace the release with the following corrected version due to multiple revisions in the Disclosures section.
By SoFi Technologies · Via Business Wire · October 12, 2023
SoFi Makes It Possible to Achieve “All Your Ambitions, All In One App”
SoFi, the all-in-one digital personal finance company, announces the launch of its latest brand campaign, “All Your Ambitions, All In One App.” The latest campaign is a testament to SoFi’s dedication to helping its over 6.2 million members achieve their ambitions, whatever they might be, through a comprehensive suite of financial tools, resources, and community, all in the SoFi app.
By SoFi Technologies · Via Business Wire · October 6, 2023
SoFi Schedules Conference Call to Discuss Q3 2023 Results
SoFi Technologies, Inc. (NASDAQSOFI), the digital personal finance company, today announced plans to host a conference call to discuss financial and operating results for the third quarter of 2023 on Monday, October 30, 2023, at 8 a.m. Eastern Time. SoFi also plans to release its third quarter 2023 results on the investor relations section of its website at https://investors.sofi.com at approximately 7 a.m. Eastern Time on Monday, October 30, 2023.
By SoFi Technologies · Via Business Wire · October 3, 2023
SoFi to Participate in Upcoming Investor Conference
SoFi Technologies, Inc. (“SoFi”), (NASDAQSOFI), the digital personal finance company, today announced that it will participate in an upcoming investor conference. SoFi’s Chief Executive Officer, Anthony Noto, will participate in a moderated fireside chat discussion at Goldman Sachs Communacopia + Technology Conference.
By SoFi Technologies · Via Business Wire · August 31, 2023
SoFi Named to CNBC World’s Top Fintech Companies 2023 List
SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, has been named to CNBC’s list of the World’s Top Fintech Companies 2023. This prestigious award is presented by CNBC and Statista Inc., the world-leading statistics portal and industry ranking provider.
By SoFi Technologies · Via Business Wire · August 2, 2023
SoFi Technologies, Inc. Reports Second Quarter 2023 Results
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, reported financial results today for its second quarter ended June 30, 2023.
By SoFi Technologies · Via Business Wire · July 31, 2023
SoFi Schedules Conference Call to Discuss Q2 2023 Results
SoFi Technologies, Inc. (NASDAQSOFI), the digital personal finance company, today announced plans to host a conference call to discuss financial and operating results for the second quarter of 2023 on Monday, July 31, 2023, at 8 a.m. Eastern Time. SoFi also plans to release its second quarter 2023 results on the investor relations section of its website at https://investors.sofi.com at approximately 7 a.m. Eastern Time on Monday, July 31, 2023.
By SoFi Technologies · Via Business Wire · July 5, 2023
SoFi Says It’s Time To Change The Face Of Finance And Highlight Womens’ Financial Success
Today, SoFi (NASDAQSOFI), the digital personal finance company and all-in-one app, announced “Face of Finance”, a new campaign to challenge the bias of Artificial Intelligence (AI) against women and money. When SoFi asked AI to generate realistic images of people who are good with money, only 2% of images featured depicted women. Yet, data shows that women control $10 trillion in assets, which are projected to rise within the next three to five years.[1] Women’s rate of return on investments has been found to be higher than their male counterparts.[2] Men carry more credit card, personal loan, and auto loan debt than women.[3] And, single women are more likely to own a home than single men.[4] Artificial Intelligence is powered by data, but that data reflects the gender bias society sees with respect to women and personal finances, and SoFi wants to change that narrative.
By SoFi Technologies · Via Business Wire · June 22, 2023
SoFi at Work Launches Student Loan Verification Service To Help Employees Pay Off Student Debt While Also Saving for Retirement
Today, SoFi at Work – the leading holistic, financial well-being, and education assistance benefits partner to more than 1,000 organizations – announced the launch of a new Student Loan Verification (SLV) service. SoFi, the digital personal finance company and all-in-one app, announces this new addition to its portfolio of employer financial well-being benefit solutions in response to Congress' approval of the Securing a Strong Retirement Act (SECURE 2.0). SECURE 2.0 includes an important change to retirement law that allows employers to match employees’ student loan payments with contributions toward retirement plans as part of an existing benefits program. For organizations looking to make the most of this policy change, SLV simplifies the process of linking matching employer retirement contributions to employee student loan repayments.
By SoFi Technologies · Via Business Wire · June 8, 2023
SoFi Schedules 2023 Annual Meeting of Stockholders
SoFi Technologies, Inc. (NASDAQSOFI), the digital personal finance company, today announced plans to host its 2023 annual meeting of stockholders (the “2023 Annual Meeting”) on Wednesday, June 14, 2023, at 7:00 a.m., Pacific Time (10:00 a.m. Eastern Time). The 2023 Annual Meeting will be held virtually.
By SoFi Technologies · Via Business Wire · May 31, 2023
SoFi to Participate in Upcoming Investor Conferences
SoFi (NASDAQSOFI), the digital personal finance company, today announced that it will participate in three upcoming investor conferences. SoFi’s Chief Executive Officer, Anthony Noto, will participate in moderated fireside chat discussions at JP Morgan’s Annual TMT Conference and Piper Sandler’s Fintech Conference. SoFi’s Chief Financial Officer, Chris Lapointe, will participate in a moderated fireside chat discussion at the Morgan Stanley US Financials, Payments and CRE Conference.
By SoFi Technologies · Via Business Wire · May 19, 2023
SoFi Launches “Making Money On Your Money: Sophia Amoruso’s Guide to Financial Independence” To Help Women Get Their Money Right
Nearly two thirds of women (65%) report that personal finances impact their mental health a lot or somewhat, according to a new survey conducted by SoFi, the digital personal finance company and all-in-one app. And nearly two thirds (65%) disclosed they are not comfortable with the amount of money currently in their savings account. To help women get their money right and do so with confidence, SoFi is teaming up with investor and entrepreneur Sophia Amoruso to launch “Making Money On Your Money: Sophia Amoruso’s Guide to Financial Independence.”
By SoFi Technologies · Via Business Wire · May 2, 2023
Summer Vacations Just Got More Affordable with SoFi Travel Powered by Expedia Group
SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, and Expedia Group, the world’s leading traveler technology platform, today announced “SoFi Travel powered by Expedia”1, a new way for SoFi members to save money and earn rewards while traveling. SoFi members will be able to book flights, hotels, car rentals, travel packages, and experiences via the SoFi Travel portal, and will benefit from discounts on bookings with SoFi Member Prices, including savings of 10% or more on select hotels. SoFi Credit Card2 members will also earn an unlimited 3% cash back rewards3 when booking with SoFi Travel, continuing to offer SoFi members increased value for using SoFi products together. SoFi Travel will be available to select members next week, and will be rolling out to all members over the coming weeks.
By SoFi Technologies · Via Business Wire · May 1, 2023
SoFi Technologies, Inc. Reports First Quarter 2023 Results
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, reported financial results today for its first quarter ended March 31, 2023.
By SoFi Technologies · Via Business Wire · May 1, 2023
SoFi Reveals Nearly All Adults Would Rather Let Friends Read All Their Texts Than See Their Bank Balance
Social lives, social media and generational differences play a large role in spending, saving and speaking about money, with the inaugural SoFi Spending & Savings Study¹ showing that almost half of adults don’t ever discuss finances with their friends and family (46%). In fact, when asked, consumers reported that they would rather share their worst hookup story (79.5%) than their bank balance, and most consumers flatly refuse to share a bank account with their best friend (87%), preferring their friends read through all their texts than read their bank statements even.
By SoFi Technologies · Via Business Wire · April 27, 2023
SoFi Schedules Conference Call to Discuss Q1 2023 Results
SoFi Technologies, Inc. (NASDAQSOFI), the digital personal finance company, today announced plans to host a conference call to discuss financial and operating results for the first quarter of 2023 on Monday, May 1, 2023, at 8 a.m. Eastern Time. SoFi also plans to release its first quarter 2023 results on the investor relations section of its website at https://investors.sofi.com at approximately 7 a.m. Eastern Time on Monday, May 1, 2023.
By SoFi Technologies · Via Business Wire · April 4, 2023
SoFi Checking and Savings to Offer Access to Up to $2 Million in FDIC Insurance
SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, announced that its SoFi Checking and Savings members will be able to protect their deposits with access to up to $2 million of FDIC insurance¹, increased from the industry standard $250,000 per account. SoFi Checking and Savings is able to offer additional FDIC insurance through the SoFi FDIC Insurance Network, a newly created partnership with multiple banks designed to provide the best benefits to SoFi members. All SoFi Checking and Savings members will be eligible to increase their FDIC insurance coverage, by allowing SoFi to seamlessly place their deposits beyond the standard insurance coverage with specifically identified FDIC insured partner banks. This benefit is now available for new SoFi Checking and Savings members and, over the next week, existing members will be notified via email when they become eligible.
By SoFi Technologies · Via Business Wire · March 22, 2023
SoFi Named to Fast Company’s Annual List of the World’s Most Innovative Companies for 2023
SoFi Technologies, Inc. (NASDAQSOFI) has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2023.
By SoFi Technologies · Via Business Wire · March 2, 2023
A Year of Better Banking: SoFi Checking and Savings Turns One
SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, is celebrating the one year anniversary of launching SoFi Checking and Savings1. SoFi Checking and Savings entered the market with zero account fees and a highly competitive APY (Annual Percentage Yield) on both checking and savings balances. SoFi Checking and Savings continues to offer a highly competitive 3.75% APY on savings accounts for direct deposit members2, 12x the national savings average3. Since launch, members have earned more than $50 million4 in interest on their bank balances, helping them get more for their money amid high inflation.
By SoFi Technologies · Via Business Wire · February 28, 2023
SoFi to Participate in Upcoming Investor Conferences
SoFi (NASDAQSOFI), the digital personal finance company, today announced that it will participate in two upcoming investor conferences. SoFi’s Chief Executive Officer, Anthony Noto, will participate in a moderated fireside chat discussion at Bank of America’s ’23 Electronic Payments Symposium. SoFi’s Chief Financial Officer, Chris Lapointe, will participate in a moderated fireside chat discussion at the KBW Fintech Payments Conference.
By SoFi Technologies · Via Business Wire · February 21, 2023
SoFi Technologies, Inc. Reports Fourth Quarter and Fiscal Year 2022 Results
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, reported financial results today for its fourth quarter and fiscal year ended December 31, 2022.
By SoFi Technologies · Via Business Wire · January 30, 2023
SoFi Report Reveals 85% of Investors Plan to Change How They Invest in 2023
Three out of four investors report regrets about how they invested in 2022, and 85% now plan to change how they invest in 2023 according to a new survey from SoFi (NASDAQSOFI), the digital personal finance company. The first-ever SoFi Investor Study surveyed 1,000 investors in the U.S. about how they managed their portfolios in 2022, their general sentiment about the market, and their predictions for 2023. In 2022, investors endured wild market volatility, rising interest rates and a crypto winter, and they’re facing more potential headwinds in 2023.
By SoFi Technologies · Via Business Wire · January 10, 2023
SoFi Schedules Conference Call to Discuss Q4 2022 & Full Year 2022 Results
SoFi Technologies, Inc. (NASDAQSOFI), the digital personal finance company, today announced plans to host a conference call to discuss financial and operating results for the fourth quarter and full year of 2022 on Monday, January 30, 2023, at 8 a.m. Eastern Time. SoFi also plans to release its fourth quarter and fiscal year 2022 results on the investor relations section of its website at https://investors.sofi.com at approximately 7 a.m. Eastern Time on Monday, January 30, 2023.
By SoFi Technologies · Via Business Wire · January 4, 2023
SoFi to Participate in Upcoming Investor Conferences
SoFi (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced that it will participate in two upcoming investor conferences. SoFi’s Chief Executive Officer, Anthony Noto, and Chief Financial Officer, Chris Lapointe, will participate in moderated fireside chat discussions at the Citi 2022 FinTech Conference and the Credit Suisse 26th Annual Technology Conference.
By SoFi Technologies · Via Business Wire · November 9, 2022
SoFi Technologies, Inc. Reports Third Quarter 2022 Results
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, reported financial results today for its third quarter ended September 30, 2022.
By SoFi Technologies · Via Business Wire · November 1, 2022
SoFi Schedules Conference Call to Discuss Q3 2022 Results
SoFi Technologies, Inc. (NASDAQSOFI), the digital personal finance company, today announced plans to host a conference call to discuss financial and operating results for the third quarter of 2022 on Tuesday, November 1, 2022, at 8 a.m. Eastern Time. SoFi also plans to release its third quarter 2022 results on the investor relations section of its website at https://investors.sofi.com at approximately 7 a.m. Eastern Time on Tuesday, November 1, 2022.
By SoFi Technologies · Via Business Wire · October 11, 2022
SoFi Launches ‘On The Money’ To Provide Financial Education Resources for Members
SoFi (NASDAQSOFI), the digital personal finance company, announced today ‘On The Money’ a digital content hub helping members get their personal finances right with a one-stop-shop for news, trends, and tips.
By SoFi Technologies · Via Business Wire · September 27, 2022
SoFi Announces Multi-Year Partnership with Los Angeles Chargers Quarterback Justin Herbert
SoFi (NASDAQSOFI), the digital personal finance company, today announced a three-year partnership with Los Angeles Chargers Quarterback Justin Herbert. Herbert will also receive equity stake and appears in SoFi’s new brand campaign and television spot, where he breaks up with bad banking and moves on with SoFi.
By SoFi Technologies · Via Business Wire · September 7, 2022
SoFi to Participate in Upcoming Investor Conferences
SoFi (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced that it will participate in an upcoming investor conference. SoFi’s Chief Executive Officer, Anthony Noto, will participate in a moderated fireside chat discussion at the Goldman Sachs Communacopia + Technology Investor Conference.
By SoFi Technologies · Via Business Wire · September 6, 2022
SoFi Launches First-of-its-Kind Web 3 ETF and a Smart Energy ETF to Empower People to Invest in the Future
SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, today announced that SoFi Invest1 is launching two new ETFs, SoFi Web 32 (NASDAQTWEB) and SoFi Smart Energy NYSE: ENRGNYSEENRG)
By SoFi Technologies · Via Business Wire · August 9, 2022
SoFi Technologies, Inc. Reports Second Quarter 2022 Results
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, reported financial results today for its second quarter ended June 30, 2022.
By SoFi Technologies · Via Business Wire · August 2, 2022
SoFi Checking & Savings Raises APY to 1.80% for Direct Deposit Members to Help Members Make More from Their Money
SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, today announced SoFi Checking & Savings will now offer an industry-leading 1.80% annual percentage yield (APY)¹ for all members who have direct deposit. SoFi will also offer a 1.00% APY for those looking for a high yield opportunity without direct deposit. Members will earn these increased rates on all of their money with SoFi Checking & Savings, earning them more interest in one week than they would earn in one year at most other banks on average.
By SoFi Technologies · Via Business Wire · July 26, 2022
SoFi Schedules Conference Call to Discuss Q2 2022 Results
SoFi (NASDAQSOFI), the digital personal finance company, today announced plans to host a conference call to discuss financial and operating results for the second quarter of 2022 on Tuesday, August 2, 2022, at 5 p.m. Eastern Time. SoFi also plans to release its second quarter 2022 results on the investor relations section of its website at https://investors.sofi.com after the close of the financial markets on Tuesday, August 2, 2022.
By SoFi Technologies · Via Business Wire · July 19, 2022
SoFi Invest Adds More Hours to the Trading Day to Empower Members to Trade on Their Own Terms
SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, today announced SoFi Invest is rolling out extended trading hours over the coming weeks. Members will have the ability to trade from 9 AM ET through 8 PM ET, adding 4.5 hours to the trading day, allowing members to trade whenever it is convenient for them. While the current market hours, 9:30 AM ET through 4 PM ET, can be inconvenient to many as they are during peak working hours or leaving those outside the East Coast behind, the new, extended hours help level the playing field to ensure access to the markets for everyone.
By SoFi Technologies · Via Business Wire · June 2, 2022
SoFi to Participate in Upcoming Investor Conferences
SoFi (NASDAQSOFI), the digital personal finance company, today announced that it will participate in two upcoming investor conferences in June. SoFi’s Chief Executive Officer, Anthony Noto, will participate in a moderated fireside chat discussion at Morgan Stanley’s US Financials, Payments and CRE Conference. SoFi’s Chief Financial Officer, Chris Lapointe, will participate in a moderated fireside chat discussion at the Piper Sandler Global Exchange & Brokerage Conference.
By SoFi Technologies · Via Business Wire · May 31, 2022
SoFi Schedules 2022 Annual Meeting of Stockholders
SoFi Technologies, Inc. (NASDAQSOFI), a leading next-generation financial services platform, today announced plans to host its 2022 annual meeting of stockholders (the “2022 Annual Meeting”) on Tuesday, July 12, 2022, at 10:00 a.m., Pacific Time (1:00 p.m. Eastern Time). The 2022 Annual Meeting will be held virtually.
By SoFi Technologies · Via Business Wire · May 23, 2022
SoFi Technologies, Inc. Reports First Quarter 2022 Results
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, reported financial results today for its first quarter ended March 31, 2022.
By SoFi Technologies · Via Business Wire · May 10, 2022