SoFi Technologies Inc

SoFi Technologies, Inc is a US-based online financial services platform that provides a range of financial products such as mortgages, personal loans and other saving/investing services. Founded in 2011 as an online FinTech startup by Stanford Business School students, the company, then known as Social Finance Inc, was launched with an alumni focused funding model targeting recent graduates. As of June 2021 they had over two million members, and launched a number of new services such as SoFi Money®, SoFi Invest® and SoFi Protect for insurance. Headquartered in San Francisco, USA SoFi had 10 offices across the United States in May 2021. They acquired community bank Golden Pacific for $22.3 million in March 2021. In June 2021, Social Finance Inc completed a merger with the SPAC Social Capital Hedosophia V to form SoFi Technologies, Inc. The business combination deal raised approximately $2.4 billion The combined company is now trading on the Nasdaq under the ticker SOFI. Get the latest SOFI stock news and updates by adding this item to your eToro watchlist.