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SoFi Technologies, Inc. - $SOFI STOCK NEWS

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

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
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
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News
SoFi Schedules Conference Call to Discuss Q3 2023 Results
Rhea-AI Summary
SoFi Technologies, Inc. (NASDAQ: SOFI) will host a conference call to discuss Q3 2023 financial results on October 30, 2023. Results will be released on the investor relations section of their website. No concrete business takes affecting stock price were mentioned.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.61%
Tags
earnings
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News
SoFi & TMRW Sports Announce Long-Term Partnership Including Presenting Sponsor of TGL & Venue Naming Rights Partner
Rhea-AI Summary
SoFi becomes presenting sponsor of TGL, the new tech-forward, primetime, team golf league developed by Tiger Woods and Rory McIlroy’s TMRW Sports. The purpose-built arena in Palm Beach will be named the SoFi Center. SoFi aims to build brand awareness and trust through sports partnerships. TGL offers a new way for sports fans to experience golf with advanced technology. 12 top PGA TOUR players have committed to playing in TGL. Currently, 5 of the top 10 players in the world are participating. Four of six team ownership groups have been announced.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.14%
Tags
partnership
News
DCM Promotes Three New Partners
Rhea-AI Summary
DCM promotes three new partners within its investment team, David Cheng, Kenichiro Hara, and Fiona Huang.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.32%
Tags
none
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News
SoFi Selects Asurity Technologies' RiskExec® SaaS Platform For Community Reinvestment Act Data Management and Analysis
Rhea-AI Summary
SoFi will rely on RiskExec's software for compliance and reporting purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.12%
Tags
none
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News
SoFi to Participate in Upcoming Investor Conference
Rhea-AI Summary
SoFi to participate in Goldman Sachs Communacopia + Technology Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.5%
Tags
conferences
News
Galileo’s AI-Driven Intelligent Digital Assistant Cyberbank Konecta Enhances SoFi Member Experience
Rhea-AI Summary
SoFi Technologies, Inc. (NASDAQ: SOFI) integrates Cyberbank Konecta AI engine, improving inquiry response time by over 65% and increasing member satisfaction. Galileo's technology enables cost reduction and improved customer service performance by 7%, addressing thousands more conversations 24/7 without the need for member service agents.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
Tags
AI
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News
SoFi Named to CNBC World’s Top Fintech Companies 2023 List
Rhea-AI Summary
SoFi Technologies, Inc. has been named to CNBC’s list of the World’s Top Fintech Companies 2023. SoFi obtained a national bank license in 2022, allowing the company to remain flexible and diversify its sources of funding. SoFi Checking and Savings offers a highly competitive annual percentage yield (APY) of up to 4.50% on savings balances for members with direct deposit.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.61%
Tags
none
-
News
SoFi Invest Midyear Investing Report: Optimistic Investors Face Down a Pessimistic Economic Environment
Rhea-AI Summary
SoFi Invest: Survey Reveals 3,400 Americans' Investing Sentiment and Habits in 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.61%
Tags
none
News
SoFi Technologies, Inc. Reports Second Quarter 2023 Results
Rhea-AI Summary
SoFi Technologies, Inc. reports record financial results for Q2 2023, with GAAP net revenue of $498 million and adjusted net revenue of $489 million, both up 37% YoY. Adjusted EBITDA also reaches a record high of $77 million, up 278% YoY. The company adds over 584,000 new members and nearly 847,000 new products during the quarter, with total members and products up 44% and 43% YoY, respectively. Total deposit growth is $2.7 billion, up 26% during the quarter to $12.7 billion. SoFi raises its full-year 2023 guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
19.9%
Tags
earnings
Stock SOFI logo
SoFi Technologies, Inc.

Nasdaq:SOFI

SOFI Rankings

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

SOFI Stock Data

7.35B
917.71M
3.42%
37%
16.25%
Financial Transactions Processing, Reserve, and Clearinghouse Activities
Finance and Insurance
Link
United States of America
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.