PYMNTS-MonitorEdge-May-2024

SoFi

Social Finance, Inc. is an American online personal finance company that provides student loan refinancing, mortgages and personal loans.

Source: sofi.com

FinTech IPO Index Gains 2.3% as Digital Surges Ahead of Earnings
FinTech IPO Index Gains 2.3% as Digital Surges Ahead of Earnings
November 01, 2024  |  Fintech Investments

The FinTech IPO Index was 2.3% higher in a week that saw the platforms roar ahead — many of them by double digits — in anticipation of...

READ MORE >
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...

READ MORE >
FinTech IPO Gains 3.7% as Upstart and Paymentus Lead Platforms Higher
FinTech IPO Gains 3.7% as Upstart and Paymentus Lead Platforms Higher
October 18, 2024  |  Fintech Investments

Earnings season is barely a week old. While the headlines have centered on big banks, Wall Street trading and credit card spending, the deluge of...

READ MORE >
SoFi Adopts Galileo’s Cyberbank Core for Improved Commercial Payments
SoFi Adopts Galileo’s Cyberbank Core for Improved Commercial Payments
October 16, 2024  |  Digital Banking

Digital financial services company SoFi says it has adopted its subsidiary Galileo’s cloud-based Cyberbank Core. This integration, announced Wednesday (Oct. 16), will power a variety...

READ MORE >
Nova Credit to Supply Consumer-Permissioned Cash Flow Data to SoFi
Nova Credit to Supply Consumer-Permissioned Cash Flow Data to SoFi
October 15, 2024  |  Data

Digital financial services provider SoFi will leverage credit infrastructure and analytics firm Nova Credit’s consumer-permissioned data and analytics solution, Cash Atlas, to bolster its loan...

READ MORE >
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...

READ MORE >
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...

READ MORE >
SoFi Adds Credit Cards Focused on Rewards and Credit Scores
SoFi Adds Credit Cards Focused on Rewards and Credit Scores
October 09, 2024  |  Credit Cards

SoFi Technologies has added two new credit cards to its one-stop shop for digital financial services. One card is designed for consumers who prioritize earning...

READ MORE >
As Card Delinquencies Rise, Will Debt Consolidation Loans Have Their Moment?
As Card Delinquencies Rise, Will Debt Consolidation Loans Have Their Moment?
October 09, 2024  |  Loans

Despite the volatility month to month on credit card debt, per government reports, the trend remains, generally, upward and to the right. And for consumers...

READ MORE >