STOCK TITAN
  1. Home
  2. News
  3. SOFI

SoFi Technologies Inc - SOFI STOCK NEWS

Welcome to our dedicated news page for SoFi Technologies (Ticker: SOFI), a resource for investors and traders seeking the latest updates and insights on SoFi Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SoFi Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SoFi Technologies's position in the market.

News
Let’s Hope Your Secret Santa is a Millennial: SoFi Checking & Saving Study Shows This Generation Spends $1,500 on Holiday Shopping
Rhea-AI Summary
The second annual SoFi Spending & Saving Study reveals that Americans will spend over $1,100 on average on holiday gifts, with Millennials leading with an average spending of nearly $1,500. The study also shows that one third of Millennials have gone into debt to finance their holiday gift giving.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
Tags
none
-
News
SoFi and BlackRock Partner on $375 Million Personal Loan Securitization
Rhea-AI Summary
SoFi Technologies, Inc. has announced an agreement to place a $375 million personal loan securitization with BlackRock. This will help SoFi grow its lending capabilities and better serve its members. SoFi has sold over $14.5 billion and securitized over $13.7 billion of personal loan collateral to date. The transaction is expected to settle by mid-November.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.51%
Tags
none
-
News
SoFi Technologies, Inc. Reports Third Quarter 2023 Results
Rhea-AI Summary
SoFi Technologies, Inc. reported record financial results for Q3 2023. GAAP net revenue was $537 million, up 27% YoY. Adjusted net revenue was $531 million, also up 27% YoY. Adjusted EBITDA reached $98 million, up 121% YoY. New member adds were over 717,000, bringing total members to over 6.9 million, a 47% YoY growth. Total deposit growth was $2.9 billion, up 23% during the quarter. Tangible book value grew by $68 million in the quarter and $171 million on a trailing 12-month basis. Full-year 2023 guidance was raised by management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.02%
Tags
earnings
News
Galileo Payment Risk Platform Now Available to the Entire Financial Services Ecosystem
Rhea-AI Summary
Galileo Financial Technologies is offering the Galileo Payment Risk Platform to the entire financial services ecosystem, allowing companies to proactively reduce fraud losses and minimize payment risks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.8%
Tags
none
-
News
Athletico Physical Therapy Helps Clinicians Conquer Student Debt Burden with SoFi at Work Loan Repayment Program
Rhea-AI Summary
Athletico Physical Therapy and SoFi at Work announce a new partnership to help clinicians pay down student loan debt faster.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.82%
Tags
none
-
News
Galileo Introduces Corporate Credit Solution that Streamlines B2B Expense Management for Fintechs and Non-Financial Brands
Rhea-AI Summary
Galileo Financial Technologies launches Galileo Corporate Credit solution to simplify expense management
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
News
New SoFi Survey Reveals America's Top Financial Ambitions; Two-Thirds of Gen Z and Millennials Are Willing to Skip Dining Out for 5 Years to Retire by 50
Rhea-AI Summary
SoFi Invest announces a 1% IRA match on IRA contributions to accelerate retirements
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.33%
Tags
none
-
News
CORRECTING and REPLACING New SoFi Survey Reveals America's Top Financial Ambitions; Two-Thirds of Gen Z and Millennials Are Willing to Skip Dining Out for 5 Years to Retire by 50
Rhea-AI Summary
SoFi Invest announces a 1% IRA match on IRA contributions to help accelerate members' retirements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.33%
Tags
none
-
News
SoFi Makes It Possible to Achieve “All Your Ambitions, All In One App”
Rhea-AI Summary
SoFi launches new brand campaign to help members achieve their financial ambitions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.44%
Tags
none
News
Galileo Expands Buy Now, Pay Later Lender Offering to Help Lenders Reach Small Businesses, Leveraging the Mastercard Network
Rhea-AI Summary
Galileo Financial Technologies announces its Galileo Buy Now, Pay Later (BNPL) offering is now available for lenders to offer it as a service for their small business clients. Banks and fintechs working with Galileo can provide installment financing options to SMBs via Mastercard Installments, offering more flexibility for big purchases and cash flow management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.41%
Tags
none
Stock SOFI logo
SoFi Technologies Inc

Nasdaq:SOFI

SOFI Rankings

#910 Ranked by Market Cap
#732 Ranked by Stock Gains
N/A Ranked by Dividends

SOFI Stock Data

7.74B
917.71M
3.42%
37%
16.25%
Financial Transactions Processing, Reserve, and Clearinghouse Activities
Finance and Insurance
Link
United States
San Francisco

About SOFI

sofi is a new kind of finance company. from unprecedented products and tools to faster service and open conversations, we’re all about helping our members get ahead and find success. whether they’re looking to buy a home, pay off their student loans, ascend in their careers, or invest in the future, the sofi community works to empower our members to accomplish the goals they set and achieve financial greatness as a result. nmls #1121636.