SoFi Technologies

Expense Management Firm Mesh Payments Selects SoFi as Sponsor Bank
Expense Management Firm Mesh Payments Selects SoFi as Sponsor Bank
December 12, 2024  |  Partnerships

Mesh Payments has selected SoFi Bank as its sponsor bank and continues to partner with SoFi Technologies-owned Galileo Financial Technologies as its longtime payments processor. This partnership...

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SoFi Money Accounts Surge 54% as Monetization Across All Products Continues
SoFi Money Accounts Surge 54% as Monetization Across All Products Continues
October 29, 2024  |  Earnings

SoFi Technologies’ cross-selling continues, and certain trends seem well in place as the interest rate environment becomes more benign. Members are accessing more products across...

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SoFi Gets $2 Billion to Expand Its Loan Platform Business
SoFi Gets $2 Billion to Expand Its Loan Platform Business
October 14, 2024  |  Investments

Personal finance company SoFi is expanding its loan platform with a new $2 billion investment. The new “loan platform business agreement,” announced Monday (Oct. 14), is based on funds...

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FinTech IPO Index Gains 0.4% as SoFi and MoneyLion Offset Chinese Stock Plunge
FinTech IPO Index Gains 0.4% as SoFi and MoneyLion Offset Chinese Stock Plunge
October 11, 2024  |  Fintech Investments

The past few weeks were marked by rallies in names domiciled outside the United States — particularly those based in Asia — which boosted the...

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SoFi Wants Tech Platform to Be AWS of Financial Services
SoFi Wants Tech Platform to Be AWS of Financial Services
July 30, 2024  |  Earnings

SoFi Technologies’ leadership wants the company to become the “Amazon Web Services” (AWS) of FinTech. What that means is a lot of investment into technology...

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SoFi New Member Additions Soared 44% Amid Strong ‘Cross-Buy’ Opportunities
SoFi New Member Additions Soared 44% Amid Strong ‘Cross-Buy’ Opportunities
January 29, 2024  |  Earnings

SoFi Technologies said in its latest earnings report that it had seen significant growth in cross-selling activity, and noted that the vast majority of its...

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Student Loan Stocks Drop Ahead of Restart of Payments
Student Loan Stocks Drop Ahead of Restart of Payments
October 05, 2023  |  Consumer Finance

Stocks of companies related to student loans have experienced a drop in value ahead of the restart of student loan payments after a three-year pause...

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SoFi Integrates Galileo’s Conversational AI Into Personal Finance App
SoFi Integrates Galileo’s Conversational AI Into Personal Finance App
August 08, 2023  |  artificial intelligence

SoFi Technologies has integrated Galileo Financial Technologies’ conversational artificial intelligence (AI) engine into its personal finance app. The intelligent digital assistant (IDA), Cyberbank Konecta, has...

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SoFi Partners With Banks to Offer $2 Million FDIC Insurance
SoFi Partners With Banks to Offer $2 Million FDIC Insurance
March 22, 2023  |  Banking

SoFi Technologies is now offering access to additional FDIC insurance. With the new SoFi FDIC Insurance Network, SoFi has partnered with multiple banks to offer...

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