SoFi Technologies, Inc. is a digital financial services company that provides a comprehensive suite of products to help its members achieve financial independence. The company offers solutions for borrowing, saving, spending, investing, and protecting money through an integrated digital platform. SoFi serves millions of members with innovative financial products and services designed to meet diverse financial needs.
- Lending - Offers personal loans, student loans, and home loans, along with related servicing activities. Generates revenue through interest income, loan securitization, and servicing fees.
- Financial Services - Provides checking and savings accounts, investment opportunities, credit cards, and personal finance management tools. Includes features like no account fees, early paycheck access, and digital asset transactions.
- Technology Platform - Delivers platform-as-a-service infrastructure and cloud-native banking solutions through Galileo and Technisys. Supports account setup, payment processing, and software licensing for financial institutions.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Anthony Noto ExecutiveBoard | CEO and Director | None | Former COO and CFO at Twitter; Co-Head of Global TMT Investment Banking at Goldman Sachs; CFO of the NFL. Holds a B.S. from West Point and an MBA from Wharton. | |
Arun Pinto Executive | Chief Risk Officer | None | Former CRO of Consumer and Small Business Banking at Wells Fargo; CRO of Auto Business at JPMorgan Chase. | |
Christopher Lapointe Executive | CFO | None | Former Global Head of FP&A at Uber; VP at Goldman Sachs. Holds a B.A. from Dartmouth and an MBA from Tuck School of Business. | View Report → |
Derek White Executive | CEO of Galileo and Head of International | None | Former VP of Global Financial Services at Google; Vice Chair and CDO at U.S. Bank; Global Head of Client Solutions at BBVA. | |
Jeremy Rishel Executive | Chief Technology Officer | None | Former SVP of Engineering at Splunk; VP of Engineering at DoorDash and Twitter. Holds two B.S. degrees and an MBA from MIT. | |
Robert Lavet Executive | General Counsel and Secretary | None | Former General Counsel at Sallie Mae; trial attorney at the DOJ. Holds a B.A. from the University of Pennsylvania and a J.D. from Georgetown. | |
Clara Liang Board | Director | Head of Strategy & Operations at Stripe; Board Member at Navan | Former VP at Airbnb; Chief Product Officer at Jive Software. Holds a B.S. from Stanford and an M.S. from UT Austin. | |
Dana Green Board | Director | None | Former SVP at the Federal Reserve Bank of New York; supervised systemically important financial institutions. Holds a B.A. from Yale and an MPA from Princeton. | |
Gary Meltzer Board | Director | Board Member at ExcelFin Acquisition Corp., Apollo Realty Income Solutions, and American Century Mutual Funds | Former Managing Partner at PwC; CPA with extensive experience in financial accounting. Holds a B.S. in Accounting from Binghamton University. | |
John Hele Board | Director | Executive Chairman at Portage AI Inc.; Chairman and Advisor at Resolution Re Limited | Former CFO at MetLife and ING Groep NV; extensive experience in financial services. Holds a B.Math from Waterloo and is a Fellow of multiple actuarial organizations. | |
Magdalena Yeşil Board | Director | Founder of Broadway Angels; Board Member at Smartsheet, Picsart, and Plume; Founder of Informed.IQ | First investor and founding board member of Salesforce; former GP at U.S. Venture Partners. Holds B.S. and M.S. degrees from Stanford. | |
Steven Freiberg Board | Vice Chairman of the Board | Board Member at Regional Management Corp., Rewards Network, and Purchasing Power LLC | Former CFO of Citigroup's Global Consumer Group; former CEO of E*TRADE. Holds a B.S. from Hofstra and an MBA from NYU. | |
Tom Hutton Board | Chairman of the Board | Managing Partner at Thompson Hutton LLC; Managing Partner at XL Innovate; Board Member at Lemonade Inc. | Former interim CEO of SoFi; extensive experience in venture capital and financial services. Holds degrees from Stanford and an MBA from Harvard. | |
William Borden Board | Director | Corporate VP at Microsoft; Board Member at HUB and National Black MBA Association | Former Managing Director at Bank of America and Citigroup; expertise in financial services and banking technology. Holds a B.S. from Cornell and an MBA from Kellogg. |
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Given the Tech Platform segment's modest 6% year-over-year revenue growth and extended lead times for client implementations, what specific strategies are you employing to accelerate growth and address these challenges in 2025?
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With the introduction of the fee-based subscription for SoFi Plus and increased investments in SoFi Invest, how will these initiatives impact your margins, and when do you anticipate these products reaching profitability?
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Your loan platform business involves originating loans outside of your traditional credit box on behalf of third parties. How do you manage the credit risks associated with these loans, and what safeguards are in place to protect SoFi's financial position?
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The Lending segment is expected to grow only in the low double digits to teens in 2025, yet you're projecting overall revenue growth of 23% to 26%. How do you plan to sustain this growth given the anticipated slowdown in Lending, and what are the primary drivers behind your confidence?
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The release of the valuation allowance against deferred tax assets provided a significant nonrecurring benefit in 2024. How will the shift to a normalized effective tax rate of approximately 26% affect your net income and EPS growth in 2025 and beyond?
Research analysts who have asked questions during SoFi Technologies earnings calls.
Dan Dolev
Mizuho Financial Group
6 questions for SOFI
Kyle Peterson
Needham & Company
6 questions for SOFI
Andrew Jeffrey
William Blair & Company
5 questions for SOFI
Peter Christiansen
Citigroup Inc.
4 questions for SOFI
Devin Ryan
Citizens JMP
3 questions for SOFI
Jeffrey Adelson
Morgan Stanley
3 questions for SOFI
John Hecht
Jefferies
3 questions for SOFI
Kyle Joseph
Jefferies
3 questions for SOFI
Moshe Orenbuch
TD Cowen
3 questions for SOFI
Reggie Smith
JPMorgan Chase & Co.
3 questions for SOFI
Terry Ma
Barclays
3 questions for SOFI
John Heck
Jefferies
2 questions for SOFI
Mihir Bhatia
Bank of America
2 questions for SOFI
Reginald Smith
JPMorgan Chase & Co.
2 questions for SOFI
Jill Glaser Shea
UBS
1 question for SOFI
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Wyndham Capital Mortgage | 2023 | SoFi completed the acquisition on April 3, 2023, acquiring all outstanding equity interests of Wyndham Capital Mortgage for cash consideration. The deal is structured as a business combination aimed at enhancing SoFi’s suite of home loan products by integrating a leading fintech mortgage lender and accelerating digitized mortgage experiences. |
Golden Pacific Bancorp, Inc. | 2022 | SoFi acquired Golden Pacific Bancorp, Inc. on February 2, 2022, for $22.3 million in cash consideration. The transaction, reinforced by key regulatory approvals and holdback provisions, supports SoFi’s strategic pursuit of a national bank charter while preserving the community bank operations and assets including approximately $150 million in assets and three physical branches. |
Technisys S.A. | 2022 | SoFi acquired Technisys S.A. on March 3, 2022, via an all-stock transaction valued at approximately $1.1 billion. This acquisition strategically enhances SoFi’s digital banking technology by integrating a cloud-native, multi-product core banking platform that supports multiple financial products and is expected to generate significant incremental revenue and cost savings. |
Recent press releases and 8-K filings for SOFI.
- SoFi reported $950 million in net revenue for Q3.
- The company achieved 35% year-over-year member growth, reaching 12.6 million members in Q3.
- SoFi is expanding its financial product offerings, incorporating blockchain-based remittances and AI-driven financial wellness tools, positioning itself as a competitive alternative to traditional banks and an infrastructure provider for fintechs and financial institutions.
- SoFi Technologies reported record Q3 2025 adjusted net revenue of $950 million, a 38% year-over-year increase, with adjusted EBITDA of $277 million (up nearly 50% year over year) and net income of $139 million, resulting in $0.11 earnings per share.
- The company achieved record growth in Q3 2025, adding 905,000 new members (totaling 12.6 million, up 35% year over year) and 1.4 million new products (totaling over 18.6 million, up 36% year over year), while total originations reached a record $9.9 billion.
- SoFi raised its full-year 2025 guidance, now expecting to add approximately 3.5 million members and achieve adjusted net revenue of approximately $3.54 billion.
- Key strategic initiatives include the relaunch of crypto asset trading, the upcoming launch of the SoFi Smart Card, and the expansion of AI-driven tools like the Cash Coach and a more comprehensive SoFi Coach in 2026.
- The company maintained strong credit performance, with net charge-off rates improving by more than 20 basis points in Q3 for both personal and student loans, focusing on high prime and super prime borrowers.
- SoFi reported strong Q3 2025 financial results, with adjusted net revenue of $950 million, a 38% year-over-year increase, and adjusted EBITDA of $277 million, up nearly 50% year over year.
- The company achieved net income of $139 million and earnings per share of $0.11 for the quarter ended Q3 2025.
- SoFi updated its full-year 2025 guidance, projecting adjusted EBITDA of approximately $1.035 billion, adjusted net income of approximately $455 million, and adjusted EPS of approximately $0.37.
- Member growth accelerated, with 905,000 new members added in Q3, bringing the total to 12.6 million, a 35% year-over-year increase.
- Strategic initiatives include the relaunch of crypto asset trading, the upcoming SoFi Smart Card, and continued growth in the Loan Platform Business, which originated $3.4 billion in Q3 2025.
- SoFi Technologies reported record adjusted net revenue of $950 million for Q3 2025, marking a 38% year-over-year increase, alongside record adjusted EBITDA of $277 million, up nearly 50% year-over-year, and earnings per share of $0.11.
- The company added a record 905,000 new members and 1.4 million new products in Q3 2025, accelerating total member growth to 35% year-over-year, reaching 12.6 million members and over 18.6 million products.
- SoFi has raised its full-year 2025 guidance, now anticipating approximately $3.54 billion in adjusted net revenue, approximately $1.035 billion in adjusted EBITDA, and approximately $0.37 in adjusted EPS.
- Key strategic developments include the launch of SoFi Pay for blockchain-leveraged international payments, the relaunch of crypto asset trading, and the upcoming introduction of the SoFi Smart Card and expanded AI-driven financial tools.
- SoFi reported record net revenue of $962 million and adjusted net revenue of $950 million for Q3 2025, representing a 38% increase year-over-year.
- The company achieved net income of $139 million and diluted earnings per share of $0.11 in Q3 2025, alongside record adjusted EBITDA of $277 million, up 49%.
- SoFi experienced record member growth to 12.6 million (up 35%) and product growth to 18.6 million (up 36%) in the third quarter of 2025.
- Management raised its full-year 2025 guidance, projecting adjusted net revenue of approximately $3.54 billion and adjusted EPS of approximately $0.37 per share.
- SoFi announced monthly distributions for its SoFi Enhanced Yield ETF (THTA).
- As of October 13, 2025, the distribution is $0.1512 per share, with a 12.00% Distribution Rate and a 3.30% 30-Day SEC Yield.
- The ex-date for this distribution is October 14, 2025, the record date is October 15, 2025, and the payment date is October 16, 2025.
- The THTA ETF, launched on November 15, 2023, seeks current income by combining U.S. government securities with a "credit spread" option strategy.
- SoFi announced monthly distributions for its SoFi Enhanced Yield ETF (THTA), with a Distribution per Share of $0.1512 and a Distribution Rate of 12.00% as of August 14, 2025.
- The 30-Day SEC Yield for THTA was 3.74% as of July 31, 2025.
- The ex-date and record date for this distribution are August 15, 2025, with a payment date of August 18, 2025.
- THTA, launched on November 15, 2023, aims to generate current income by combining U.S. government securities with a "credit spread" option strategy.
- SoFi Technologies has announced a $1.5 billion underwritten public offering of its common stock, with Goldman Sachs & Co. acting as the underwriter.
- The company plans to use the net proceeds for general corporate purposes, including working capital and potential business expansions, aligning with its strategy to extend its market reach and strengthen its financial position.
- SoFi has a market capitalization of approximately $24.76 billion and reported trailing twelve-month revenue of $2.798 billion.
- SoFi has diversified its business into capital-light, less credit risk, fee-based revenue streams, which now constitute 44% of its revenue and contribute to a 29% operating margin.
- The company targets "overachievers" and observes a strong consumer base that is actively lowering debt costs and utilizing SoFi's diverse financial offerings, including high-yield savings and various investment opportunities.
- CEO Anthony Noto anticipates that technology "super cycles" such as blockchain/crypto and AI will provide a significant tailwind, revolutionizing financial services and enhancing SoFi's operations, with AI already being used in back-office functions.
- SoFi reported strong Q2 earnings, with 44% year-over-year revenue growth to $858 million and 29% operating margins.
- The company achieved a Rule of 40 score of 70, exceeding the 40 threshold for 13 consecutive quarters, demonstrating both growth and profitability.
- SoFi raised its guidance for the year-end and reported record high loan originations, while also announcing plans to return to crypto investing.
- The company is experiencing unprecedented demand across its diverse product offerings, including lending products benefiting from debt refinancing and SoFi Money offering 3.8% interest.