Tagged: sofi bank

SoFi Bank, Mastercard Now Settling Stablecoins Across Entire Card Program

SoFi Bank (NASDAQ:SOFI) is now live in settling transactions across the Mastercard network using its in-house stablecoin, SoFiUSD. SoFi Bank claims to be the first national bank to do so. It has been estimated that by migrating its entire debt/credit card services to stablecoins, this… Read More

Following News of Bank Charter Approval, Shares in SoFi Move Higher

Yesterday, SoFi Technologies (NASDAQ:SOFI) received positive news as the Office of the Comptroller of the Currency (OCC) approved its bank charter license. The conditional approval enables SoFi to operate SoFi Bank as part of its previously announced acquisition of Golden Pacific Bancorp, a regional bank… Read More

Office of the Comptroller of the Currency Approves SoFi’s Bank Application

The Office of the Comptroller of the Currency (OCC) has conditionally approved  SoFi’s (NASDAQ:SOFI) application to operate a bank. According to the OCC, SoFi Bank National Association (SoFi Bank, N.A.), may operate as a full-service national bank headquartered in Cottonwood Heights, Utah. As part of… Read More

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