Sofi
A personal finance company given as an example of a firm that could become one of the regulated financial super apps.
First Mentioned
10/3/2025, 4:58:47 AM
Last Updated
10/3/2025, 5:02:04 AM
Research Retrieved
10/3/2025, 5:02:04 AM
Summary
SoFi Technologies, Inc., commonly known as SoFi, is an American financial technology company founded in 2011 at Stanford University. Initially focusing on student loans and utilizing data science to offer lower interest rates, SoFi has since expanded its services to include personal loans, mortgages, auto loans, credit cards, stock investing, insurance, estate planning, and bank accounts. The company operates as a branchless bank and also provides its technology platform to other financial institutions, becoming the first full-service financial technology startup to receive a formal U.S. banking license. As of 2025, SoFi is the largest online lender in the U.S. with 12 million customers. The company is positioned to be a key player in the evolving financial landscape, with its technology platform enabling seamless access to diverse assets, including crypto, tokenized securities, and traditional securities, within a single interface, aligning with the rise of "Internet Capital Markets."
Referenced in 1 Document
Research Data
Extracted Attributes
Name
SoFi Technologies, Inc. (SoFi)
Type
Financial technology company, Branchless bank
Founded
2011
Mission
Help members get their money right, achieve financial independence
Customers
12 million (as of 2025)
Company Size
1,001-5,000 employees
Initial Focus
Student loans
Market Position
Largest online lender in the U.S. (as of 2025)
Current Services
Personal loans, mortgages, auto loans, credit cards, stock investing, insurance, estate planning, bank accounts, technology platform for financial institutions
Founding Location
Stanford University, United States
Regulatory Status
First full-service financial technology startup to receive a formal U.S. banking license
Last Funding Round Amount
US$ 1.5B
Timeline
- SoFi Technologies, Inc. (SoFi) was founded at Stanford University. (Source: summary, wikipedia, web_search_results)
2011
- SoFi initially focused on providing student loans, using data science to assess risk and offer borrowers lower interest rates. (Source: summary, wikipedia)
Undated
- SoFi expanded its offerings to include personal loans, mortgages, auto loans, credit cards, stock investing, insurance, estate planning, and bank accounts. (Source: summary, wikipedia)
Undated
- SoFi began providing its technology platform to other financial institutions. (Source: summary, wikipedia)
Undated
- SoFi became the first full-service financial technology startup to receive a formal U.S. banking license. (Source: summary, wikipedia)
Undated
- SoFi has 12 million customers and is the largest online lender in the U.S. (Source: summary, wikipedia)
2025
- SoFi is positioned to offer seamless access to diverse assets, including crypto, tokenized securities, and traditional securities, within a single interface, as part of the rise of Internet Capital Markets. (Source: summary, d14024ce-0d65-4655-8068-c663c1854a70)
2025
- SoFi raised US$ 1.5B in its last funding round (Post IPO equity). (Source: web_search_results)
2025-08-29
Wikipedia
View on WikipediaSoFi
SoFi Technologies, Inc. (abbreviated as SoFi) is an American financial technology company. Founded in 2011 at Stanford University, it operates as a branch-less bank and provides its technology platform to other financial institutions. SoFi is the largest online lender in the U.S., and has 12 million customers as of 2025. In its initial years, SoFi focused on providing student loans, using data science to assess risk and offer borrowers lower interest rates. Over time, the company expanded its offerings to include personal loans, mortgages, auto loans, credit cards, stock investing, insurance, estate planning and bank accounts. It also began to provide its technology platform to other financial institutions, and became the first full-service financial technology startup to receive a formal U.S. banking license.
Web Search Results
- SoFi
SoFi Technologies, Inc. (abbreviated as SoFi) isan American financial technology company. Founded in 2011 at Stanford University, it operates as a
- SoFi
Overview: SoFi is a values-driven company on a mission to help our members get their money right. We create modern financial products and services that help people borrow, save, spend, invest, and protect their money better, so that they can achieve financial independence and realize their ambitions—from owning a home to saving for retirement, paying off their student loans, and more. CFL #6054612; NMLS #1121636 (www.nmlsconsumeraccess.org) Advisory services through SoFi LLC, a registered investment advisor. SoFi Checking and Savings is offered through SoFi Bank, N.A. Member FDIC. SoFi Money™ is offered through SoFi Securities LLC, member FINRA/SIPC. Website: https://www.sofi.com/ Crunchbase Url: https://www.crunchbase.com/organization/social-finance?utm_source=linkedin&utm_medium=referral&utm_campaign=linkedin_companies&utm_content=profile_cta_anon&trk=funding_crunchbase Linkedin Url: https://www.linkedin.com/company/sofi Industry: Financial Services Company size: 1,001-5,000 employees 5499 associated members (LinkedIn members who’ve listed SoFi as their current workplace on their profile) Founded: N/A Funding: Last Round Date: 2025-08-29T00:00:00.000Z Last Round Type: Post IPO equity Total Rounds: 2 Last Round Raised: US$ 1.5B Investors: Fortress Investment Group
- SoFi Technologies, Inc. (SOFI) Stock Price, News, Quote & ...
Breaking News • 4 days ago Stocks rise at the open as tariffs go into effect but Trump hints at carveout for chips Breaking News • 5 days ago Stocks mostly rose at the open as earnings continued to flood in. Breaking News • 5 days ago Stocks pulled back after Monday's furious rally as Wall Street digested a mixed batch of earnings and economic data Breaking News • 6 days ago Stocks opened modestly higher, while Palantir stock jumped after an impressive earnings showing.
- SoFi: Bank, Invest & Loans - Apps on Google Play
**Send money** instantly, deposit checks digitally, **pay bills** online, **track spending** with **budget tools**, save cash in high-yield accounts, **trade stocks** with no commission (other fees apply). • Premium mobile banking features and digital investing tools for just $10/month to enhance your financial management. • Trade stocks and ETFs with no commission through our easy-to-use online investing platform with SoFi Securities (other fees apply). • Start investing in fractional shares with just $5 to build a diversified stock portfolio, regardless of your budget, with SoFi Securities (restrictions apply). • Get help from our dedicated financial team 7 days a week for all your banking and investing questions. • Connect through secure in-app chat for immediate assistance with your accounts, loans, and investments.
- SoFi - What differentiates them from traditional banks and ...
8.9M Members Online ### Unsure about investing in appealing banking stocks - NU, SOFI 27 upvotes ·44 comments SoFi company analysis and valuation - Big story and many risks ($SOFI)Image 23: r/stocks icon r/stocks•3 yr. 29K Members Online ### How SoFi Snagged the Fintech Stock Crown This Year 43 upvotes ·14 comments 496K Members Online ### Investing thesis: SoFi (SOFI) 12 upvotes ·9 comments Is sofi to replace main bank account?Image 42: r/sofi icon r/sofi•2 yr. What does it mean when "Your Loan Was Funded" but hasn't been deposited in your bank account?Image 63: r/sofi icon r/sofi•1 yr. Sofi over traditional bank?Image 74: r/sofi icon r/sofi•10 mo. 53K Members Online ### Sofi over traditional bank?
Wikidata
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DBPedia
View on DBPediaLocation Data
SoFi Stadium, 1001, Champion Drive, Hollywood Park, Inglewood, Los Angeles County, California, 90301, United States
Coordinates: 33.9534074, -118.3390098
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