SoFi

Social Finance, Inc. is an American online personal finance company that provides student loan refinancing, mortgages and personal loans.

(source: sofi.com)

Neobanks Bet on Direct Deposits to Keep Fickle Consumers Sticky
Neobanks Bet on Direct Deposits to Keep Fickle Consumers Sticky
August 08, 2024  |  Digital Banking

For platforms and neobanks, establishing direct deposits with end users offers an on-ramp to cross-selling opportunities and a wealth of additional revenue streams. The momentum...

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FinTech IPO Index Loses 5% as NerdWallet and Lemonade Slip on Earnings
FinTech IPO Index Loses 5% as NerdWallet and Lemonade Slip on Earnings
August 02, 2024  |  Fintech Investments

Earnings season’s in full swing and proved to be less than kind to the FinTech IPO Index, which gave up 5%. Double digit declines on...

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FinTech IPO Index Falls 2%; SoFi’s Galileo Leads With Move Into 3DS
FinTech IPO Index Falls 2%; SoFi’s Galileo Leads With Move Into 3DS
July 26, 2024  |  Fintech Investments

Only one name in the FinTech IPO Index posted earnings this week, as the overall group was down 1.95% through the past five days. Amid...

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FinTech IPO Index Surges 3.5% on Partnership Announcements Ahead of Earnings Season
FinTech IPO Index Surges 3.5% on Partnership Announcements Ahead of Earnings Season
July 12, 2024  |  IPO

Earnings season’s about to begin – on Friday, but the FinTech IPO Index’s 3.4% rally these past five sessions came amid several new partnership announcements....

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BNPL Regulation Grabs Headlines as FinTech IPO Index Loses 2.7%
BNPL Regulation Grabs Headlines as FinTech IPO Index Loses 2.7%
May 24, 2024  |  Fintech Investments

The FinTech IPO Index lost 2.6% as earnings trickled in. The buy now pay later (BNPL) space, arguably, held sway — dominating headlines as the...

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Q1 Earnings Show Lending Platforms’ Digital Path to Financial Wellness
Q1 Earnings Show Lending Platforms’ Digital Path to Financial Wellness
May 20, 2024  |  Personal Finance

Over the last several months, PYMNTS Intelligence data has revealed in separate reports that tens of millions of consumers would opt for a single point...

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Platforms Rally to Push FinTech IPO Index 3% Higher
Platforms Rally to Push FinTech IPO Index 3% Higher
May 03, 2024  |  Fintech Investments

A 3% gain in the FinTech IPO Index this past week was led by the platforms. And in many cases, those firms have yet to...

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SoFi Deposits Grow 16% Over Last Year Amid ‘Cross-Buy’ Opportunities
SoFi Deposits Grow 16% Over Last Year Amid ‘Cross-Buy’ Opportunities
April 29, 2024  |  Earnings

SoFi Technologies’ latest quarterly earnings results released Monday (April 29) showed a surge in direct deposit activity — and that more customers are using SoFi Money accounts for those...

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PayPal Appoints Ex-SoFi Executive Aaron J. Webster as Chief Enterprise Services Officer
PayPal Appoints Ex-SoFi Executive Aaron J. Webster as Chief Enterprise Services Officer
March 13, 2024  |  Personnel

PayPal has appointed former SoFi executive Aaron J. Webster as executive vice president, chief enterprise services officer, effective Monday (March 18). In his new role, Webster will be responsible for...

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