Fintech unicorn SoFi announced on Tuesday the opening of its newest office location in Jacksonville, Florida. According to SoFi, the office is located in the St. Johns Town Center and will fit up to 300 full-time staff, mainly focused on operations functions including member relations, loan review, quality assurance, and fraud prevention.
SoFi previously revealed that will be hiring 300 new employees in a new Southeast Operations Center in Jacksonville. At the time, Jacksonville Mayor Lenny Curry says their city’s “reputation as a hub for finance and technology continues to grow.”
“This investment is the latest demonstration of confidence in our region, economy and skilled workforce. SoFi will enhance our community’s growing presence in this all-important sector of our economy.”
SoFi further explained:
“SoFi’s Jacksonville office will join the company’s over 1,400 employees across ten other permanent office locations, including headquarters in San Francisco, in addition to offices in Healdsburg, CA, Cottonwood Heights, UT, Murray, UT, Helena, MT, Claymont, DE, New York, NY, Reston, VA, and most recently, Seattle, WA.”
Speaking about the new location, Anthony Noto, CEO of SoFi, stated:
“As SoFi grows, we knew we needed to expand our real estate footprint to maintain our top-tier level of support for all of our members across the country. Jacksonville, from the start of our exploration, has been a clear front runner for talent, accessibility, and offering an affordable cost of living. We’re thrilled to expand our SoFi family to Florida.”
SoFi added it released a number of new products in 2019, joining its suite of lending products, including SoFi Invest, the only platform to offer automated and active investing in stocks and ETFs, plus crypto trading. SoFi Money was also released to the public, with high interest, no account fees, and unlimited ATM reimbursements. SoFi also relaunched its home loans product and introduced SoFi Private Student Loans.