SoFi Technologies, Inc.

SoFi Technologies, Inc. is an American financial technology company that operates as a direct bank with a national charter. Founded in 2011, its mission is to help individuals achieve financial independence by providing a comprehensive suite of digital financial services. The company's headquarters are located in San Francisco, California.

SoFi offers a diverse range of products and services across three main segments: Lending, Financial Services, and Technology Platform. Its offerings include student loan refinancing, personal loans, home loans, mortgages, credit cards, and banking services like SoFi Checking & Savings. The company also provides investment options through SoFi Invest, which covers stocks, ETFs, and cryptocurrency, alongside insurance products via SoFi Protect and financial management tools like SoFi Relay. Additionally, SoFi's Galileo technology platform enables other financial institutions to offer banking features and digital payments.

Anthony Noto has served as CEO of SoFi since 2018, leading the company through significant growth. SoFi became a publicly traded company on the Nasdaq in June 2021 and secured a national bank charter in January 2022. In the first quarter of 2026, SoFi reported record net revenue of $1.1 billion, with 14.7 million members and 22.2 million products. Despite strong operational performance, including the recent launch of a fully digital Home Equity Line of Credit, the company's stock experienced a decline following Q1 2026 results due to a cautious outlook and rising net charge-offs. The Technology Platform segment also saw a revenue decline after a major client transitioned off the platform, though SoFi plans to launch a new unified brand, SoFi Technology Solutions, in 2026.