SoFi Technologies Inc

sofi.com

SoFi Technologies Inc (NASDAQ: SOFI) is a digital financial services company that offers lending, banking, and financial technology products to individual consumers through a mobile-first platform. Revenue comes from net interest income on loans held on balance sheet, fee-based financial services, and technology platform licensing through its Galileo and Technisys subsidiaries. The company operates through three reportable segments: Lending, Technology Platform, and Financial Services, as disclosed in its 10-K filed February 17, 2026. The Lending segment originates personal loans, student loans, and home loans, including agency, non-agency, FHA, VA, jumbo, and home equity products. SoFi Bank, a nationally chartered bank supervised by the OCC and, as of January 1, 2024, also by the CFPB given total assets exceeding $10 billion, serves as the primary deposit-taking and lending entity. The company's strategy centers on cross-selling multiple products to a single member base, a model it calls the Financial Services Productivity Loop, aimed at improving unit economics through product adoption depth.