SoFi Technologies Inc is a financial technology company that provides a range of services aimed at helping consumers manage their finances and achieve their financial goals
The company offers products such as personal loans, mortgages, credit cards, investment services, and student loan refinancing, all designed to simplify the borrowing and investing process. In addition to its financial products, SoFi also features a social network for members to connect and share financial insights, as well as educational resources to empower individuals in making informed financial decisions. Overall, SoFi seeks to disrupt traditional financial systems by leveraging technology to create a more accessible and user-friendly financial experience.
U.S. markets suffered a steep selloff Monday as President Donald Trump announced sweeping new tariffs, extending last week's losses and driving declines across all major sectors.
SoFi Technologies, Inc. (NASDAQSOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, announced today the issuance of $697.6 million in notes secured by a pool of personal loans originated by SoFi Bank, N.A. The transaction was a co-contributor securitization with collateral consisting primarily of loans previously placed with loan platform business partners. SoFi’s loan platform business, which originates loans on behalf of third parties, generated $2.1 billion in personal loan volume in 2024.
Stocks were volatile this week as bad news gave investors a reason to sell; that volatility will continue next week with key retail earnings and inflation news
Galileo Financial Technologies, SoFi Technologies, Inc.’s Technology Platform (NASDAQSOFI), has launched a co-brand debit program offering, enabling brands to offer debit users access to rewards typically reserved for credit card holders. Galileo is the first to bring this type of program offering to the U.S. hospitality sector. While co-brand credit rewards programs are common, debit users have largely been left out—until now.
With momentum returning and the uptrend resuming, this looks like a textbook buy-the-dip setup for investors who believe the growth story is still intact.
