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.
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.
SoFi Technologies (NASDAQ: SOFI) has scheduled its Q3 2025 earnings conference call for October 28, 2025, at 8:00 AM ET. The financial services company will release its third quarter results on the investor relations website at approximately 7:00 AM ET the same day.
The conference call will be accessible via phone through pre-registration and through a webcast. A replay of the webcast will be available on SoFi's Investor Relations page after the event.
SoFi (NASDAQ: SOFI) has announced a multi-year partnership with 2024 NFL MVP Josh Allen, quarterback of the Buffalo Bills, to promote SoFi Plus, their premium financial membership program. The partnership will be featured in a campaign across major streaming platforms and national networks including NBC, ESPN, Amazon Prime Video, and YouTube.
SoFi Plus offers members over $1,000 in value, including up to 3.80% APY on SoFi Bank savings and a 1% match on recurring deposits into SoFi Invest accounts. The program provides comprehensive financial tools for banking, borrowing, investing, and earning, all integrated within a single app.
SoFi (NASDAQ: SOFI) has launched the SoFi Agentic AI ETF (NYSE Arca: AGIQ), a new exchange-traded fund tracking the BITA US Agentic AI Select Index. The ETF focuses on U.S. companies developing or utilizing agentic AI technologies, including notable holdings like Salesforce, Tesla, and NVIDIA.
The fund, with a gross expense ratio and management fee of 0.69%, will be managed by Tidal Investments LLC. AGIQ joins SoFi's existing ETF suite, which includes the SoFi Select 500 (SFY), Next 500 ETF (SFYX), Social 50 ETF (SFYF), and Enhanced Yield ETF (THTA). The index currently comprises 30 holdings across sectors like self-driving transportation, AI scheduling assistants, cybersecurity, and autonomous industrial machinery.
SoFi Technologies (NASDAQ: SOFI), a digital financial services platform, has announced its participation in the upcoming Goldman Sachs Communacopia & Technology Conference. CEO Anthony Noto will participate in a moderated fireside chat on September 8, 2025, at 3:45 PM PDT.
The presentation will be available via webcast, with an archived version accessible through the "Events & Presentations" section of SoFi's Investor Relations website at investors.sofi.com.
SoFi (NASDAQ: SOFI) has announced a partnership with Lightspark to launch blockchain-powered international money transfers through the Bitcoin Lightning Network. The service will enable 24/7 cross-border transfers directly from the SoFi app, offering lower fees compared to traditional remittance providers.
The technology utilizes Universal Money Address (UMA), converting U.S. dollars to Bitcoin in real-time for transfer, then instantly converting back to local currency in the recipient's account. The service will initially launch in Mexico later in 2025, with plans to expand to additional countries. SoFi will be among the first U.S. banks to offer blockchain-powered remittances, integrating the service within SoFi Checking & Savings.
SoFi Technologies (NASDAQ: SOFI) has announced the pricing of its public offering of 71,942,450 shares of common stock at $20.85 per share, aiming to raise approximately $1.5 billion in gross proceeds. The offering includes a 30-day option for underwriters to purchase up to an additional 10,791,367 shares.
The offering, expected to close on July 31, 2025, will be managed by Goldman Sachs, Citigroup, and Mizuho Securities USA as underwriters. SoFi plans to use the proceeds for general corporate purposes, including working capital and business opportunities.
SoFi Technologies (NASDAQ: SOFI) has announced a public offering of $1.5 billion of its common stock. The company plans to grant the underwriter, Goldman Sachs, a 30-day option to purchase up to an additional 15% of the offered shares.
The net proceeds from this offering will be used for general corporate purposes, including working capital and business opportunities. The offering will be conducted through an automatic shelf registration statement on Form S-3, with detailed information available in the prospectus supplement and base prospectus.
SoFi Technologies (NASDAQ:SOFI) reported exceptional Q2 2025 results with record-breaking performance across key metrics. The company achieved adjusted net revenue of $858 million (up 44% YoY), net income of $97 million, and adjusted EBITDA of $249 million (up 81% YoY).
Member growth accelerated to 11.7 million (up 34% YoY) with a record 850,000 new members added in Q2. Total products increased to 17.1 million (up 34% YoY). Fee-based revenue reached a record $377.5 million (up 72% YoY), driven by strong performance in the Loan Platform Business.
The company demonstrated strong financial health with improved credit performance, as personal loan charge-off rates decreased to 2.83%. Total deposits grew to $29.5 billion, with nearly 90% coming from direct deposit members. Based on these results, management raised its 2025 guidance.
Paychex (NASDAQ:PAYX) has announced a strategic partnership with SoFi to enhance its Paychex Flex® Perks platform with comprehensive financial wellness solutions. Through this integration, employees of Paychex customers will gain access to SoFi's suite of financial tools and services, including personal loans, student loans, and loan refinancing options.
The partnership addresses critical workforce needs, as research shows financial guidance is essential for long-term financial independence. Since its launch in summer 2024, over 230,000 customer employees have utilized the Paychex Flex Perks marketplace. The platform enables businesses of all sizes to offer enterprise-level benefits through payroll deduction at no cost to employers.
Cashmere (CSHMX) has announced a significant partnership with SoFi to expand access to venture capital investing. The company's flagship fund, The Cashmere Fund, will now be available on SoFi Invest's Alternative Investments platform, accessible to SoFi's 10.9 million members with a minimum investment of just $500.
This marks Cashmere's first distribution partnership with a major national brokerage platform. The fund has made over 35 investments focusing on high-growth sectors including consumer goods, consumer technology, fintech, health technology, and software. Cashmere has also established collaborations with influential investors and founders from sports and entertainment industries to enhance their Compound Influence strategy.