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.
Galileo Financial Technologies, soon to be SoFi Technology Solutions (NASDAQ: SOFI), released its inaugural Q1 2026 Galileo Debit Spend Index, analyzing millions of anonymized debit transactions across 300+ merchant categories.
Key findings include strong March rebounds in travel, dining, home and garden, and digital payments, especially saved-card usage.
SoFi (NASDAQ: SOFI) launched SoFiUSD, a bank-issued U.S. dollar stablecoin, directly inside its banking app, making it the first stablecoin issued by a U.S. national bank to be available on a banking platform. Nearly 15 million members can now buy, sell, hold, and convert SoFiUSD.
SoFiUSD is redeemable 1:1 for U.S. dollars from SoFi Bank, which maintains liquid assets to support all outstanding tokens and undergoes regular CPA attestations. The stablecoin is live on Ethereum and Solana, with plans for more networks and integration across the broader SoFi ecosystem, including institutional trading via Bullish.
Galileo Financial Technologies (NASDAQ: SOFI) released its 2026 Integrated Financial Services Research Report, surveying over 2,000 U.S. consumers and 150 senior executives.
Key findings show high consumer demand for in-app financial tools, a gap in brand readiness, and strong links between payment experience, loyalty, and customer retention.
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SoFi (NASDAQ: SOFI) reported record first quarter 2026 results: adjusted net revenue $1.087B (up 41%), GAAP net revenue $1.100B (up 43%), adjusted EBITDA $339.9M (up 62%), and net income $166.7M. Members reached 14.7M and products 22.2M.
The company reported record loan originations of $12.2B, launched SoFiUSD stablecoin activity, expanded digital assets and enterprise banking offerings, and maintained a Rule of 40 score of 72%.
SoFi (NASDAQ: SOFI) launched a fully digital Home Equity Line of Credit (HELOC) experience and formed a Real Estate Advisory Council on April 22, 2026.
The company serves over 135,000 homeowners, reported home loan originations nearly doubled YoY in 2025, and will expand local loan officers, agent concierge services, and waived origination benefits.
SoFi (NASDAQ:SOFI) launched the Amplify Your Ambitions Contest with CMA and Kelsea Ballerini to support emerging artists. Artists can enter April 15–April 30, 2026 for a $200,000 grand prize or two $50,000 runner-up awards, with finalists performing in Nashville and the winner revealed June 4.
The program requires a SoFi account and includes video and essay submissions; public voting and a judge panel will decide the winner.
SoFi (NASDAQ: SOFI) enabled members to both send and receive FedNow Service instant transfers using Galileo’s payment platform, providing 24/7, real‑time moves between SoFi accounts and other U.S. banks. The capability lets members access funds in seconds, including weekends and holidays.
Galileo supplies the connection, controls, and infrastructure, and SoFi plans to extend the same instant payment capabilities to partners and fintechs via its Galileo-powered payment hub.
SoFi (NASDAQ: SOFI) launched the Future Wealth Summit, a national campus tour delivering financial education at more than 30 colleges during April’s Financial Literacy Month, with a flagship event at Rutgers on April 24, 2026. The program offers tailored sessions, Vivian Tu’s original curriculum, and the Fund Your Future Sweepstakes awarding cash prizes up to $5,000 to more than 60 students. SoFi highlights tools across banking, investing, and credit services to help students build credit, manage money, and plan for post-graduation finances.
SoFi (NASDAQ: SOFI) launched SoFi Big Business Banking on April 2, 2026, a regulated platform letting enterprise customers manage fiat and crypto banking from a single, nationally chartered bank.
The service offers regulated deposit accounts, 24/7 API-driven payments, SoFiUSD mint-and-burn support, unified operations, and initial ecosystem partners including Cumberland, BitGo, Fireblocks, Mastercard, and others.