SoFi

SoFi

Mobile-first fintech lending, investing, planning

Overview

Company Historically Provides H1B Sponsorship

SoFi is a fintech company that provides a broad set of personal finance services through a mobile-first platform. It offers home loans, personal loans, student loan refinancing, credit cards, and investment options, along with financial planning and estate planning services. The platform also provides educational resources to help users understand financial decisions. SoFi makes money from interest and fees on lending products and management fees on investment products, aiming to keep users within its ecosystem by offering multiple services under one roof. The key difference from competitors lies in its integrated, member-focused approach—combining lending, investing, planning, and education in a single mobile-centric experience. SoFi’s goal is to help individuals achieve their financial goals and improve their financial health by making it easy to manage money through a streamlined, inclusive platform.

About SoFi

Simplify's Rating
Why SoFi is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Consumer Software

Fintech

Financial Services

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

San Francisco, California

Founded

2011

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Simplify's Take

What believers are saying

  • Q2 2026 adjusted net revenue hit $1.2 billion, up 40% year over year.
  • SoFi Plus passed 200,000 paying subscribers after its 2026 relaunch.
  • Big Business Banking and SoFi USD launched in 2026, opening enterprise revenue.

What critics are saying

  • Citizens Bank sued SoFi on September 11, 2026, alleging mortgage poaching and trade secrets.
  • Tech Platform revenue fell 23% after a major client departure, exposing concentration.
  • If charge-offs rise from 3.7%, SoFi’s lending-funding flywheel breaks and growth stalls.

What makes SoFi unique

  • SoFi’s all-in-one app links lending, deposits, investing, crypto, and B2B rails.
  • Anthony Noto’s team grew members 35% in Q2 2026 while products doubled additions.
  • Deposits funded 93% of loans in September 2026, lowering warehouse dependence.

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Funding

Total Funding

$18.3B

Above

Industry Average

Funded Over

22 Rounds

Notable Investors:
Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

You’re taken care of. SoFi employees receive comprehensive health, vision, dental, life insurance, and disability benefits—as well as flexible time off, fitness, fertility, and family planning options.

Realize your ambitions. We want to help our employees achieve financial freedom, just like our members. That’s why we contribute $200 per month toward your student loans to help pay down your debt—plus free financial classes.

Never stop learning. We offer frequent training, mentorship opportunities, and leadership programs to develop our people. We also cover tuition costs for approved programs, up to $5,250 per year.

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↓ -7%
Yahoo Finance
Sep 24th, 2026
SoFi stock down 34.5% YTD as lending revenue grows, but expanding member base and fee-based income signal turnaround

SoFi Technologies stock has fallen approximately 34.5% year to date, largely due to its lending business accounting for a growing share of revenue. In the second quarter, the company reported record adjusted net revenue of $1.2 billion, up 40% year over year, with the lending segment generating $712 million compared with $551 million from Financial Services and Technology Platform operations combined. The increased lending contribution means SoFi is retaining more loans on its balance sheet, which boosts interest income but also increases credit risk exposure. However, the company added 1.1 million members in Q2, bringing total membership to 15.8 million, a 35% year-over-year increase. SoFi's fee-based revenue reached $472 million, representing 39% of total revenue. Management expects non-lending businesses to eventually contribute more than half of total revenue.

Yahoo Finance
Sep 22nd, 2026
SoFi's $14.8B loan originations soar 69% as credit quality improves despite record lending

SoFi Technologies maintained strong credit performance despite record lending volumes in the second quarter of 2026. Total loan originations jumped 69% year over year to $14.8 billion, with personal loans accounting for $10.7 billion. The company's all-in annualised personal loan net charge-off rate improved to approximately 3.7%, down 70 basis points from the previous quarter and 80 basis points year over year. The reported rate, including delinquent loan sales, fell to 2.62% from 3.03% in the prior quarter. Personal loan 90-day delinquency stood at 40 basis points, down seven basis points sequentially. Lending-adjusted net revenues rose 59% year over year to $712 million. SoFi's core personal loan portfolio generated a 6.1% risk-adjusted margin, based on a 12.9% weighted-average coupon, 3.1% funding cost, and 3.7% annualised losses.

GlobeNewswire
Sep 21st, 2026
Oportun appoints Bernardo Martinez as Chief Retail and Sales Officer and Garrett Hope as Chief Product Officer.

Oportun appoints Bernardo Martinez as Chief Retail and Sales Officer and Garrett Hope as Chief Product Officer. Experienced consumer financial services and product leaders will deepen member relationships and advance Oportun's mission of expanding access to responsible financial services. SAN MATEO, Calif., Sept. 21, 2026 (GLOBE NEWSWIRE) - Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced that Bernardo Martinez has joined the Company as Chief Retail and Sales Officer and Garrett Hope has joined as Chief Product Officer. Martinez will lead the functions that shape Oportun's member experience across its digital, retail and contact center channels. Hope will lead product strategy and development, helping the Company deliver products and experiences that support members throughout their financial journey. Both executives will report to Doug Bland, Chief Executive Officer of Oportun. "Bernardo and Garrett are accomplished leaders who understand how to build member-centered businesses and products at scale," said Bland. "Their appointments round out the organizational changes we have made to position Oportun for its next phase of execution. Bernardo brings a deep understanding of the financial needs of consumers, while Garrett has led consumer product development across some of the world's most recognized digital platforms. Together, they will help us deepen member relationships, sharpen our product focus, and deliver responsible financial products and experiences that support our members' progress." Martinez brings more than 25 years of experience across consumer and small business financial services, lending, channel management and product development. Martinez was most recently at SoFi, where he led strategy, product development, and operations across the insurance, employee financial wellness platform, small business financial services, and consumer marketplace businesses. Prior to SoFi, Martinez led strategy, product development and operations for PayPal's microbusiness and global merchant lending businesses. Martinez has also held leadership roles at Funding Circle, Banco del Progreso, and Bank of America. "Oportun's mission and its bilingual, omnichannel approach represent a unique opportunity to expand access to responsible financial services in the communities we serve," said Martinez. "I am excited to join Doug and the team and to help make every interaction with Oportun responsive to the financial needs of our members." Hope brings 20 years of experience building consumer technology and marketplace products. Hope was most recently at PayPal, where he led end-to-end product development for consumer products and platforms, including the PayPal and Venmo apps. Prior to PayPal, Hope served in product leadership roles at Google and Expedia Group/Vrbo. "Oportun has a meaningful opportunity to innovate its product set towards helping its members advance their financial goals," said Hope. "I look forward to working with Doug and the leadership team to build simple and effective experiences that meet members where they are and enable informed financial decisions." About Oportun Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members' financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $22.7 billion in responsible and affordable credit, saved its members more than $2.5 billion in interest and fees, and helped its members set aside an average of more than $1,800 annually. For more information, visit oportun.com. Forward-Looking Statements This press release contains forward-looking statements. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release, including statements regarding Oportun's leadership team, strategy, member experience, product development, growth, execution, and future performance, are forward-looking statements. These statements involve known and unknown risks, uncertainties, assumptions, and other factors that could cause actual results to differ materially from those expressed or implied by the forward-looking statements. These risks and uncertainties include those risks described in Oportun's filings with the Securities and Exchange. These forward-looking statements speak only as of the date on which they are made and, except to the extent required by federal securities laws, Oportun disclaims any obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events. Investor Contact Dorian Hare (650) 590-4323 [email protected] Media Contact Michael Azzano Cosmo PR for Oportun [email protected] (415) 596-1978

Yahoo Finance
Sep 17th, 2026
SoFi shares at $17 could reach $25 in 2027 on 42% revenue growth and rising EPS estimates

SoFi Technologies shares closed at $17.07 on 15 September 2026, down 35% year-to-date, despite posting record second-quarter results with originations up 69% and a 9.89% earnings beat. The digital finance platform grew quarterly revenue 42.6% year-over-year and raised full-year guidance, with CEO Anthony Noto calling Q2 "a clear inflection point." Analyst consensus remains cautious at $20, with ratings split across buy, hold, and sell recommendations. However, 2027 earnings per share estimates have risen five times in 30 days, climbing to $0.8276. Revenue estimates for 2027 range from $5.54 billion to $8.66 billion. At $25, shares would trade at 30x forward earnings. The company is guiding for 32% to 35% revenue growth in 2026 and medium-term adjusted EPS growth of 38% to 42%.

Yahoo Finance
Sep 15th, 2026
TransMedics and SoFi stocks fall 28% and 34% but show strong buying potential

TransMedics Group and SoFi Technologies have declined 28% and 34% respectively over the past year, presenting potential buying opportunities despite broader market strength driven by tech giants. TransMedics, which developed the Organ Care System for transplants, faces near-term headwinds. Second-quarter revenue grew 21% year over year to $189.9 million, marking a slowdown from recent quarters. Adjusted earnings per share fell 52% to $0.44. However, the company is investing in expansion initiatives, including potential kidney transplant approval and a logistics network for greater control over the organ transplant cycle. These investments are pressuring current profits but could drive future growth. The OCS technology maintains organ temperature and blood supply during transport, addressing limitations of traditional cold storage methods. With a large addressable market remaining, the stock may offer value at current levels.

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