SoFi - News, Articles & Research

Company announcement/payments

Galileo opens Latin American HQ and innovation centre in Mexcico

Galileo, the API standard for card issuing and digital banking and a leading technology platform subsidiary of Social Finance, Inc. (SoFi), today announced the opening of a Latin America headquarters and innovation center in the iconic Torre Reforma building in Mexico City.

12 March 2021

Company announcement/payments

SoFi launches credit card

SoFi, the digital personal finance company, announced today the broad launch of its first-ever credit card, designed to incentivize healthy financial habits and further its mission to help people get their money right.

10 March 2021

News/regulation

SoFi to buy community lender to accelerate bank charter application

Online lender Social Finance (SoFi) has agreed to buy Californian community bank Golden Pacific for $22.3 million in an effort to speed up the process of obtaining a bank charter.

09 March 2021

News/retail

SoFi nears deal to go public via Spac - Reuters

Online lender SoFi is closing on a deal to go public via a merger with special purpose acquisition company (Spac), Social Capital Hedosophia Holdings Corp V, according to Reuters.

08 January 2021

News/regulation

SoFi wins preliminary approval for US national bank charter; launches credit card

Online lender Social Finance has received prelimary approval from the US Office of the Comptroller of the Currency over its application for a national bank charter and launched its first credit card.

29 October 2020

Company announcement

SoFi builds social network

SoFi, the digital personal finance company, announced today the launch of its social trading and investing features within SoFi Invest, including the ability to follow friends, family, and other SoFi members on their investing journeys, all within the full SoFi experience.

14 October 2020

Company announcement/retail

SoFi partners Xignite on trading platform

Xignite, a provider of market data distribution and management solutions for financial services and technology companies, today revealed the results of a collaboration with leading digital personal finance company SoFi on the launch of the SoFi Invest trading platform.

19 August 2020

Company announcement/payments

Samsung Money by SoFi goes live

Samsung Electronics America, Inc., announced that starting today, consumers in the U.S. can sign-up for and access Samsung Money by SoFi: a mobile-first money management experience.

23 July 2020

News/regulation

SoFi applies for bank charter

Online lender SoFi has applied for a national bank charter with the US Office of the Comptroller of the Currency (OCC).

09 July 2020

News/payments

Samsung and SoFi launch money management tool

Electronics giant Samsung has partnered US digital lender SoFi on a mobile-first money management platform and Mastercard debit card.

27 May 2020

News/payments

Samsung partners SoFi on debit card

Samsung is teaming up with US digital lender SoFi to launch a Samsung Pay debit card backed by a cash management account.

08 May 2020

News/retail

SoFi Invest comes to Hong Kong

American digital lender SoFi is expanding into Asia after buying the parent firm of Hong Kong-based online brokerage 8 Securities. Financial terms were not disclosed.

21 April 2020