SoFi Technologies, Inc. provides digital financial services through a member-focused app and related banking infrastructure. Company news centers on lending, banking, investing, credit cards, mortgages, home lending, financial planning and member products that let customers borrow, save, spend, invest and protect money.
Recurring updates also cover operating results, member and product growth, loan originations, the Galileo technology platform, instant-payment capabilities, enterprise banking services, crypto-related banking infrastructure, financial education programs, brand partnerships and annual stockholder meeting matters. SoFi's disclosures often link consumer financial products with technology-platform accounts and bank-powered payments capabilities.
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SoFi Technologies (NASDAQ: SOFI) reported record third-quarter 2026 net revenue of $1.4 billion and raised its full-year financial guidance. Revenue rose 44% year over year; GAAP net income increased 73% to $241.0 million, with diluted earnings per share of $0.18. Adjusted EBITDA, a non-GAAP earnings measure, increased 70% to $469.8 million.
SoFi now expects 2026 adjusted net revenue of $5.04 billion, net income of $840.0 million and EPS of $0.61. Its initial 2027 outlook includes approximately $6.4 billion in adjusted net revenue and $0.90 EPS. Members grew 35% to 17.1 million, and loan originations reached $16.9 billion. Financial Services revenue rose 25% to $525.1 million, but its contribution margin fell four percentage points to 50%. Technology Platform-enabled accounts declined 11% year over year to 140 million, although they increased six million sequentially.
SoFi Technologies (NASDAQ: SOFI) launched SoFi Earn (SOFIE), a tokenized bank deposit for consumers offering a 4.40% annual percentage yield. Each SOFIE represents $1 deposited at SoFi Bank; it is a deposit liability, not a payment stablecoin. The rate is variable and was current as of October 20, 2026. There is no minimum balance requirement, and fees may reduce earnings.
Funds represented by SOFIE qualify for FDIC insurance up to $250,000 per depositor, per insured bank, for each account ownership category. Members can convert SOFIE 1:1 into SoFiUSD, then buy crypto in the app or send SoFiUSD to a supported external wallet over blockchain networks around the clock. SoFiUSD and other digital assets are not FDIC-insured. SoFi Earn is rolling out to SoFi Crypto members through November 2026.
Prudential Financial (PRU) and SoFi (SOFI) have teamed up to offer Prudential term life insurance directly through the SoFi app. The agreement gives over 15 million SoFi members access to explore SimplyTerm, receive a quote and apply for coverage. Eligible members can often obtain coverage in minutes without a medical exam or lab work. The digital experience is built and operated by SoFi, and the product is not available in all states.
SoFi Technologies (SOFI) announced a partnership through SoFi Tech Solutions with Orbi and Mastercard to launch a crypto-linked card program in Mexico. Orbi customers will be able to spend fiat currency or crypto balances, with conversion at purchase so merchants receive traditional currency.
SoFi Tech Solutions will provide card-issuing sponsorship, processing, transaction authorization and compliance capabilities. Its connection to Mastercard’s Mexico Domestic Switch will support purchases and ATM withdrawals. The company said the partnership lays the foundation for future stablecoin-powered remittances and payments using SoFiUSD.
SoFi Technologies (SOFI) plans to release its third-quarter 2026 results and hold a conference call on October 27, 2026. The results are expected on its investor relations website at approximately 7 a.m. Eastern Time, ahead of the 8 a.m. Eastern Time call. A webcast replay will be available afterward.
SoFi Technologies (SOFI) released its 2026 report “Making The Most: How Americans are Maximizing Money and Life in 2026,” based on a July YouGov survey of 4,090 U.S. adults aged 18–65.
The study finds Americans are “lifemaxxing” by prioritizing the ability to enjoy life, which 59% cite as a marker of financial progress versus 27% who point to owning a home. Gen Z and millennials still view ending the month with money left over and building an emergency fund as top wins. Seventy‑two percent are willing to accept slower progress on long‑term goals to support family, take vacations, and create meaningful memories, and three‑quarters used at least one strategy in the past year to stretch their dollars, including Buy Now, Pay Later (27%), rotating streaming services (25%), and cutting back on dating (23%).
The report also highlights strong Gen Z entrepreneurial and crypto appetite and notes SoFi’s own tools—such as SoFi Coach and its Robo‑Advisor—aim to support these evolving financial priorities.
SoFi Technologies (SOFI) and Mastercard (MA) launched live stablecoin settlement for SoFi Bank, N.A.’s debit and credit card program using SoFiUSD across Mastercard’s global payments network.
SoFi Bank is migrating its entire card program, expected to process more than $25 billion in annualized volume, to blockchain-based settlement with SoFiUSD, which the companies describe as the first stablecoin issued by a nationally chartered bank and the first used for stablecoin settlement by a national bank on Mastercard’s network. SoFiUSD is issued by SoFi Bank, N.A., is fully redeemable 1:1 for U.S. dollars, and is backed primarily by cash reserves. It is available for institutional users and SoFi members. SoFi is in active discussions with large U.S. merchants, and SoFi and Mastercard plan to explore additional SoFiUSD settlement use cases such as cross-border payments and remittances.
SoFi Technologies (SOFI) and Payward, the infrastructure provider behind Kraken, announced a strategic partnership to connect SoFi’s banking platform with digital asset markets. Payward will join the SoFi Exchange Network (SEN), list SoFiUSD on Kraken, and provide SoFi with digital asset trade execution via Kraken Prime.
By joining SEN, Payward can offer institutional clients 24/7 real-time settlement of U.S. dollar transactions and enhanced liquidity management. Kraken institutional clients will gain access to SEN’s real-time USD settlement rails across both networks. SoFi will use Kraken Prime as an additional source of crypto liquidity, which the company says can support better pricing for SoFi members trading crypto in the SoFi app. SoFiUSD, SoFi’s bank-issued stablecoin redeemable one-to-one for U.S. dollars, will be available to millions of retail, professional, and institutional Kraken users.
SoFi Technologies (NASDAQ: SOFI) will participate in the Goldman Sachs Communacopia & Technology Conference on September 8, 2026. CEO Anthony Noto is scheduled for a moderated fireside chat at 10:50 AM PDT, with a live webcast and archived replay available via SoFi’s investor relations website.