SoFi

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

(source: sofi.com)

SoFi Deposits Grow 26% Year Over Year to $12.7 Billion
SoFi Deposits Grow 26% Year Over Year to $12.7 Billion
July 31, 2023  |  Earnings

SoFi’s earnings results showed a growing embrace of the company’s platform approach that brings savings, lending and spending together in a continuum of financial activity. Earnings presentation materials and...

READ MORE >
FinTech IPO Names Surge 3.8% With SoFi and Upstart Leading the Charge
FinTech IPO Names Surge 3.8% With SoFi and Upstart Leading the Charge
June 16, 2023  |  Fintech Investments

Government data pointing to cooling inflation helped buoy FinTech IPO names this past week. Retail sales data Thursday (June 15) showed that consumer spending remains...

READ MORE >
JPMorgan Chase’s Consumer Deposits ‘Slightly Down’ Over Banking Crisis and Rates
JPMorgan Chase’s Consumer Deposits ‘Slightly Down’ Over Banking Crisis and Rates
June 13, 2023  |  Banking

The banking industry is facing several challenges concerning consumer deposits, according to Jennifer Piepszak, co-CEO of JPMorgan Chase’s consumer and community banking unit.  Piepszak has predicted...

READ MORE >
SoFi Debuts Student Loan Tool as Consumers Feel Repayment Woes
SoFi Debuts Student Loan Tool as Consumers Feel Repayment Woes
June 08, 2023  |  Loans

SoFi has debuted a tool to help consumers pay off student loans and still save for retirement. The personal finance company’s SoFi at Work unit...

READ MORE >
FinTech IPO Index Rallies 3.4%, SoFi Soars on Optimism Over Student Loans  
FinTech IPO Index Rallies 3.4%, SoFi Soars on Optimism Over Student Loans  
June 02, 2023  |  IPO

The FinTech IPO Index’s 3.4% gains were outpaced this week by outsized momentum in names like SoFi, while earnings reports in other holdings continued to...

READ MORE >
Analyst Says SoFi Accounting Practices May Face Regulatory Scrutiny
Analyst Says SoFi Accounting Practices May Face Regulatory Scrutiny
May 15, 2023  |  Loans

SoFi Technologies’ stock dipped Monday (May 15) after an analyst said its accounting may overstate its capital. Wedbush Managing Director, Equity Research David Chiaverini cut SoFi to underperform...

READ MORE >
NerdWallet and SoFi Earnings Blunt FinTech IPO Gains as Index Adds 1.4%  
NerdWallet and SoFi Earnings Blunt FinTech IPO Gains as Index Adds 1.4%  
May 05, 2023  |  Fintech Investments

A spate of earnings reports rolled in through the past week, and a rough parity between gaining stocks and decliners held the FinTech IPO Index...

READ MORE >
Potential Homebuyers May Be Chasing Dreams Longer as Market Reheats
Potential Homebuyers May Be Chasing Dreams Longer as Market Reheats
May 01, 2023  |  Real Estate

Homebuying is effectively impossible. That’s according to data from PYMNTS’ February “Consumer Inflation Sentiment Report,” which is backed up by the February S&P CoreLogic Case-Shiller...

READ MORE >
SoFi’s Membership Rosters Surge 46% Year on Year
SoFi’s Membership Rosters Surge 46% Year on Year
May 01, 2023  |  Earnings

SoFi’s latest quarterly results underscore a continued demand for personal loans — and a platform model that supports a continuum of spending, saving and direct...

READ MORE >