SoFi Technologies is a U.S.-based digital personal finance company offering student loan refinancing, personal loans, home loans, credit cards, investing, and banking services through a single mobile platform. After receiving a national bank charter in 2022, SoFi now operates SoFi Bank, giving it direct access to low-cost deposits. The company serves several million members and has expanded through acquisitions of Galileo, a financial technology platform, and Technisys, a cloud-based core banking system. SoFi targets financially ambitious consumers seeking to consolidate financial services in one app.<\/p>\n","protected":false},"excerpt":{"rendered":"
SoFi Technologies is a U.S.-based digital personal finance company offering student loan refinancing, personal loans, home loans, credit cards, investing, and banking services through a single mobile platform. After receiving a national bank charter in 2022, SoFi now operates SoFi Bank, giving it direct access to low-cost deposits. The company serves several million members and \u2026<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"tmp_coingecko_id":"","tmp_symbol":"","tmp_rank":0,"tmp_chain":"","tmp_ticker":"SOFI","tmp_pair":"","tmp_yahoo_symbol":"SOFI","tmp_faq":"[{\"q\":\"Can I still buy crypto on SoFi?\",\"a\":\"No. SoFi discontinued its in-app cryptocurrency trading service in December 2023. The company cited regulatory uncertainty as a primary reason. Members who held crypto on the platform were required to transfer or liquidate their holdings before the shutdown. SoFi currently has no direct consumer crypto offering.\"},{\"q\":\"What is Galileo and why does it matter for SoFi?\",\"a\":\"Galileo is a financial technology platform that SoFi acquired in 2020 for approximately $1.2 billion. It provides payment processing, card issuing, and account management infrastructure to a range of fintech companies. Galileo generates recurring technology-services revenue and diversifies SoFi beyond consumer lending.\"},{\"q\":\"What are the key risks for SoFi stock?\",\"a\":\"Risks include credit losses on personal and student loans if unemployment rises, interest-rate sensitivity affecting loan origination volumes, intense competition from incumbent banks and fintech rivals, regulatory changes to student loan markets, and the challenge of achieving sustained profitability as the company scales its bank balance sheet.\"}]"},"class_list":["post-1000225","stock","type-stock","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/themarketperiodical.com\/th\/wp-json\/wp\/v2\/stock\/1000225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/themarketperiodical.com\/th\/wp-json\/wp\/v2\/stock"}],"about":[{"href":"https:\/\/themarketperiodical.com\/th\/wp-json\/wp\/v2\/types\/stock"}],"wp:attachment":[{"href":"https:\/\/themarketperiodical.com\/th\/wp-json\/wp\/v2\/media?parent=1000225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}