Tagged: sofi

SoFi Launches Social Trading & Investing Features Within SoFi Invest

SoFi, one of the most successful Fintechs in the U.S., announced on Wednesday the launch of its social trading and investing features within SoFi Invest. The new features include the ability to follow friends, family, and other SoFi members on their investing journeys, all within… Read More

SoFi Teams Up With T. Rowe Price Retirement Plan Services For Financial Wellness Offerings

SoFi, one of the most successful Fintechs in the U.S., announced earlier this week it has joined forces with T. Rowe Price Retirement Plan Services for new financial wellness offerings. The duo noted that these offerings are a comprehensive suite of financial wellness resources, including… Read More

SoFi Uploads $19 Billion of Loan Data to dv01

dv01, a data platform for online lending, has received a significant boost as SoFi is uploading $19 billion worth of  SoFi student loan securitization to the platform. According to a note from the company, the new partnership is a “big step forward” regarding lending transparency… Read More

SoFi Launches 20-Year Partnership With Los Angeles Rams to Kick Off Inaugural Season At SoFi Stadium

SoFi, one of the most successful Fintechs in the U.S., announced on Tuesday it has launched a 20-year partnership with the Los Angeles Rams as part of the inaugural season at the new SoFi stadium. SoFi reported that through the partnership it will team up… Read More

SoFi Launches Program to Offer $200 Towards Emergency Savings To Those Who Open An Account With SoFi Money

SoFi, one of the most successful Fintechs in the US, recently announced it has launched a program to offer $200 towards emergency savings to all who open an account with SoFi Money. According to SoFi, the program headlines a COVID-19 pandemic-relief package that also includes… Read More

Digital Bank Revolut Is Leading the “Re-bundling” Race Among European Financial Technology Firms, Industry Professional Explains

Fintech advisor Efi Pylarinou claims that digital bank Revolut is leading the “re-bundling” race among Europe based financial technology service providers. Pylarinou notes: “As technology [continues to] commoditize products and services at an ever increasing rate, re-bundling catch up is the name of the game… Read More

Samsung, SoFi, & Mastercard Join Forces to Launch Mobile-First Money Management Platform

  Samsung Electronics America, Inc., announced on Thursday that consumers in the U.S. may now sign-up for and access Samsung Money by SoFi, which is described as a mobile-first money management experience. Samsung partnered with SoFi and Mastercard for the platform. According to Samsung,  Samsung… Read More

SoFi Files for National Bank Charter

SoFi, one of the most successful Fintechs in the US, has filed for a national bank charter with the Office of the Comptroller of the Currency, according to a report. Launched as a student loan financing platform, over time SoFi has been adding a broader… Read More

SoFi Announces the Availability of Relaunched Exchange-Traded Fund (ETF)

  Fintech unicorn SoFi announced on Wednesday the availability of its relaunched exchange-traded fund (ETF), the SoFi 50 ETF, which is now indexed to reflect the most popular equities among SoFi members. According to SoFi, The relaunched SoFi 50 ETF now tracks the performance, before… Read More

SoFi Continues Rapid Growth Fueled in Part by the Coronavirus

At the end of March, SoFi CEO Anthony Noto visited with CNBC’s Jim Cramer to chat about his Fintech. At that time, Noto said the company had experienced a record number of new accounts as the Coronavirus lockdown has boosted growth at his firm. Several… Read More

Samsung Partners With SoFi For Mobile-First Money Management Experience “Samsung Money By SoFi”

Samsung Electronics America, Inc. announced on Wednesday it has teamed up with SoFi to launch Samsung Money by SoFi, a new mobile-first money management experience that brings a cash management account and accompanying Mastercard debit card along with exclusive benefits to Samsung Pay. According to… Read More

SoFi Expands Partnership With Ladder to Include Estate Planning

Fintech unicorn SoFi announced on Thursday it is expanding its partnership with life insurance platform Ladder to include estate planning. SoFi reported that through the partnership expansion, its members may now have the ability to draft their will for free and can also access legal services… Read More

SoFi Cuts 112 Employees – Report

SoFi, one of the most successful Fintechs in the US, has eliminated 112 positions following “performance reviews.” The news comes following reports that SoFi was experiencing a COVID-19 driven boom for their trading and investment feature.  According to a report by BI, SoFi cut 7%… Read More

Samsung Pay to Join Forces With SoFi to Create New Debit Card

Samsung Pay announced last week it is set to join forces with online lending platform SoFi to launch a new debit card. This news comes just days after Swipe launched Samsun Pay for Swipe Visa cardholders.  Launched in 2015, Samsung Pay describes itself as a… Read More

SoFi Teams Up With SpotOn to Connect Small Businesses with Federal Stimulus Loan Programs

SpotOn Transact, Inc (SpotOn), a software and payments company, announced on Tuesday it has formed a new partnership with fintech unicorn SoFi to provide financial products to small businesses during the COVID-19 pandemic. According to SpotOn, the collaboration will help small businesses by bypassing the… Read More

SoFi’s Lantern Paycheck Protection Program Offering Sees 43% of Applicants Matched With Network of Lenders & 24% Receive Approve From SBA

Fintech unicorn SoFi announced on Monday it has helped funnel more than $75 million in loan applications to lenders for the Paycheck Protection Program (PPP) established by the CARES Act, through its extensive network of lenders and Lantern, the product comparison site operated by SoFi…. Read More

SoFi Acquires 8 Securities in Hong Kong

  SoFi, one of the largest Fintechs in the US, has entered the Asian market with the acquisition of 8 Securities in Hong Kong. The acquisition follows another purchase by SoFi earlier this month when the Fintech acquired Galileo Financial Technologies for $1.2 billion in… Read More

Fintech Xignite, a Market Data Solution Provider, Acquires Patent for Methodology for Enabling Real-Time Alerts on Stock Market Conditions

Xignite, an established provider of market data distribution and management solutions for Fintech firms, has acquired a patent for methodology that enables real-time user alerts – which are reportedly based on defined stock market conditions. The Fintech company’s patented technology is used in its CloudAlerts… Read More

SoFi Acquires Galileo Financial Technologies for $1.2 Billion

One of the largest Fintechs in the US, SoFi, has acquired Galileo Financial Technologies for $1.2 billion in both cash and stock, according to a company release. Galileo is a provider of a digital payments platform that is described as being “critical to checking and… Read More

COVID-19 Driven Boom? SoFi Sees Record Number of New Accounts

Anthony Noto, CEO of SoFi, visited with Jim Cramer of CNBC’s Mad Money show this week and shared some insight into SoFi’s performance during the COVID-19 induced lockdown. Noto said that contrary to what many other businesses are experiencing, the Fintech has seen a record… Read More

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