It’s Time to Move Your Money to SoFi
SoFi has launched its new brand campaign titled ‘Move Your Money’, aimed at encouraging financial engagement among consumers. The campaign is set to air during major sports events and utilizes digital and influencer marketing. With a low approval rating of 33% for financial institutions, SoFi seeks to disrupt the industry by offering an all-in-one financial app that combines borrowing, saving, and investing. The initiative includes a sweepstakes where participants can share their financial stories for a chance to win prizes, highlighting SoFi’s commitment to fostering financial independence.
- Launched new brand campaign 'Move Your Money' aimed at increasing consumer engagement.
- Campaign utilizes major sports events and influencer marketing for wider reach.
- Offers all-in-one app for personal finance, potentially attracting new users.
- Only a 33% approval rating for financial institutions may hinder trust.
- The campaign's success heavily depends on consumer participation in the sweepstakes.
New Brand Campaign Celebrates What It Feels Like To Get Your Money Right With SoFi
Financial institutions have a
“Research confirms that people are stuck when it comes to their finances, as 7 in 10 people postpone major financial decisions. Our 'Move Your Money to SoFi' campaign is a call to action to jolt people out of financial complacency and celebrate what it's like to get your money right with SoFi. We're empowering our members to take control of their finances with confidence,” says
For the campaign, SoFi partnered with renowned choreographer
“I’m thrilled to partner with SoFi for their Move Your Money campaign, both as a choreographer and as an active SoFi member,” said
As part of the campaign, SoFi is launching a sweepstakes, calling on members to share their money moves story in a video to Instagram,
To learn more about the campaign and enter the sweepstakes visit www.SoFi.com/MoveYourMoney.
About SoFi
SoFi’s mission is to help people achieve financial independence to realize their ambitions. Our products for borrowing, saving, spending, investing and protecting give our more than two million members fast access to tools to get their money right. SoFi membership comes with the key essentials for getting ahead, including career advisors and connection to a thriving community of like-minded, ambitious people. SoFi is also the naming rights partner of
Disclosures
INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE
Terms and conditions apply. Loans originated by
Screen images simulated. 234 1st Street
SOFI “MOVE YOUR MONEY” CONTEST
OFFICIAL RULES
ELIGIBILITY: The SoFi “Money Moves” Contest (“Contest”) is open solely to SoFi members who at the time of participation are: [1] legal residents of the 50 United States (including the
Contest begins at
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Each entry into the Contest will be considered for a weekly prize or the grand prize drawing, depending on the date and time the Entry is received, evaluated, and scored by the judging panel. After the end of each Weekly Period, the Sponsor will announce up-to-ten (10) top scoring entries (subject to verification) as weekly winners for that given Weekly Period. Any announced and verified weekly winners will not qualify for additional Weekly Periods competitions or the Grand Prize. Any non-announced entry will qualify to compete in subsequent Weekly Periods competitions (if any).
HOW TO SUBMIT ENTRY:
- Share your version of the #SoFiMoneyMoves dance by recording your moves (“Contest theme”) to the nonexplicit version of Money Dance song, by Compton AV (“Music Asset”). Only the approved Music Asset can be included in submitted video. Video should not exceed sixty (60) seconds in length. If any video exceeds the aforementioned length, only the first sixty (60) seconds will be reviewed and judged.
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Post your video on Instagram,
TikTok or Twitter during the Contest Entry Period including all the following and required hashtags: #SofiMoneyMoves and #Contest and tag @SoFi. Your entry must include all hashtags to enter this Contest.
Your video posted according to steps a and b (above) will be referred hereafter as an “Entry”. If it is found an Entrant has submitted more than one (1) Entry, the Sponsor will consider the first submission pulled from Instagram,
Entrants must have a smartphone or other wireless or electronic device that supports Instagram,
Only Entries submitted via
By submitting an Entry, each Entrant acknowledges and agrees that Sponsor may receive many Entries in this Contest and that such other Entries may be similar or identical in theme, idea, format or other respects to Entrant’s Entry and Entrant waives any and all claims Entrant may have had, may have, and/or may have in the future that any Entries accepted, reviewed and/or used by the Sponsor may be similar to or the same as his/her Entry. Furthermore, by submitting an Entry, you, the Entrant, agrees that Sponsor has no obligation to post or publish your Entry, that all such postings or publication, if any, will be in Sponsor’s sole discretion and that the posting or publication of an Entry does not have any bearing on whether the Entry will be determined as a winner. Without limiting the generality of the foregoing, Entrant agrees that the Entry may be posted and shared by others and that the Contest Entities are not responsible for any unauthorized use of Entries by third parties.
Sponsor reserves the right to disqualify any Entry for any reason, in its sole and absolute discretion. Sponsor is under no obligation to disclose why an Entry has been disqualified other than the Entry was ineligible under these Official Rules. Entries subject to all notices posted at SoFi.com, including these Official Rules.
MUSIC ASSET DETAILS: Entrants may not use Music Asset to create any Entry that duplicates or is similar to any copyrighted material, or in any manner that could otherwise infringe the copyright or any other intellectual property of any third party. Music Asset is available to Entrants solely and strictly for the purpose of use in Entrant’s Entry submission in the Contest in accordance with these Official Rules. Music Asset must be downloaded from the designated website and must NOT be used for any purpose other than incorporation in Entrant’s Entry. All rights to Music Asset are reserved to Sponsor. Any individual who exploits or otherwise makes use of any of the Music Asset for any purpose other than in an Entry to be submitted in the Contest is in violation of criminal and civil laws and the Sponsor reserves the right to prosecute and seek damages from any such individual to the fullest extent of the law. Each Entrant acknowledges and agrees the Music Asset made available as part of the Contest is owned by Sponsor, and/or their respective affiliates and/or licensors, as applicable, and are protected by intellectual property laws. Sponsor hereby grants, and Entrant hereby accepts, a limited, non-exclusive, non-transferable, revocable right and license to use the Music Asset as part of the Contest Entry. Entrant further acknowledges and agrees he or she may not reproduce, duplicate, modify, perform, transfer, post, distribute, sell, or create derivative works of or otherwise use or make available any portion of the Music Asset other than as specifically permitted herein.
ENTRY RESTRICTIONS: Each Entry must be original, in English and not copied from any other work and must not infringe upon the rights of any third party. Content that may NOT be contained in an Entry includes, but is not limited to, the following:
- with the exception of when an email address is requested for purposes of contacting a potential winner, any content providing personally identifiable information about yourself or any third parties, such as address, phone number or any contact information;
- content in violation of third-party rights including, but not limited to: copyrights, trademark, right of publicity or any other proprietary rights unless allowed by Sponsor such as the Music Asset noted herein;
- content that is libelous, defamatory, disparaging or tortious;
- content that is pornographic, adult-oriented, or sexually explicit.
- content portraying or referring to lotteries or gambling;
- content portraying or including explicit or offensive language;
- content portraying or advocating violence, illegal activities, tobacco, alcohol or drugs, dangerous stunts;
- content portraying or referring to weapons of any kind including, but not limited to, guns or bombs;
- content that promotes bigotry, racism, hatred or harm against any group or individual or promotes discrimination based on race, sex, religion, nationality, disability, sexual orientation, age or any basis protected by federal, state, or local law, ordinance, or regulation;
- content that denigrates, disparages or reflects negatively on the Sponsor, its services and products or its employees, or on any other person, company, services or product, or that disparages Sponsor’s competitors;
- content must not have been previously published, submitted or otherwise used for any commercial purpose;
- content that communicates messages or images inconsistent with the positive images and/or goodwill to which Sponsor wishes to associate;
- depict or otherwise identify a minor unless a parent or legal guardian is the Entrant;
- depict or otherwise identify a pet unless its legal owner is the Entrant.
If an Entry includes any of the prohibited elements listed above, the Entry will be disqualified. The above list is not intended to be exhaustive; the Sponsor may disqualify any Entry if it contains any content the Sponsor and/or the Administrator deems, in their sole discretion, to be offensive or obscene in any way or to not be in compliance with these Official Rules. If the Entry contains any material or elements that are not owned by the Entrant and/or which are subject to the rights of third parties, the Entrant is responsible for obtaining, prior to submission of the Entry, any and all releases and consents necessary to permit the use and exhibition of the Entry by Sponsor in the manner set forth in these Official Rules. Sponsor reserves the right to request proof of these permissions in a form acceptable to Sponsor from any Entrant at any time.
By entering, Entrants, including all winners, grant the Sponsor permission (except where prohibited by law to use his or her name, Entry, any testimonial obtained by Sponsor, hometown, statement(s), likeness, image, voice, appearance, prize won (if Entrant is determined a winner), for promotional purposes, advertising, publicity in any and all media (including online posting) now or hereafter devised throughout the world in perpetuity without further compensation.
JUDGING: A panel of judges consisting of personnel from the Sponsor (“judging panel”) will determine the top scoring Weekly Period Entries and the Grand Prize winning entry based on the following weighted judging criteria:
a) Best technical composition of the video (
b) Best artistic composition of the video (
c) Creativity of Dance (
d) Suitability for advertising and publicity purposes (
e) Adherence to the contest theme (
TIES: In the event of a tie, the Entry from among the tied Entries with the highest score for technical composition of the video will be declared the winner. In the event of a further tie, the Entry from among the tied Entries with the highest score received for best artistic composition of the video will be declared the winner. The decisions of the judging panel are final and binding on all matters relating to determination of any winning Entry.
Sponsor reserves the right to not award any prize if, in its sole and absolute discretion, it does not receive enough eligible Entries to be considered for weekly winners or the Grand Prize winner.
PRIZES: Up-to-ten (10) prizes awarded per Weekly Period (up-to fifty (50) in total):
WINNER NOTIFICATIONS: Weekly Period winners will be notified within 3-4 days from date of winner determination and the Grand Prize winner on or about
ASSIGNMENT OF RIGHTS: Each Entrant hereby acknowledges that his or her Entry in the Contest and all other materials of every kind whatsoever created by Entrant relating to the Contest (collectively, the “Work”) are a “work made for hire” (as that term is used in
CONSENT AND RELEASE: To the fullest extent possible in law, Entrants, and on behalf of themselves and on behalf of their respective heirs, executors, administrators, legal representatives, successors and assigns (“Releasing Parties”), release, defend and hold harmless the Contest Entities, Instagram,
ARBITRATION: This Contest shall be governed by and interpreted under the laws of the
GENERAL: In the event of a dispute as to the ownership of any Entry, the authorized account holder of the email address used to register the social media account will be deemed to be the Entrant. The “authorized account holder” is the natural person assigned an email address by an Internet access provider, online service provider or other organization responsible for assigning email addresses for the domain associated with the submitted address. Winners may be required to show proof of being the authorized account holder.
Any Entry that has been tampered with or altered, or mass Entries or Entries generated by a script, macro or use of automated devices are void. The Sponsor is not responsible for: (i) human or technical error, omission, interruption, deletion, defect, delay in operations or transmission, theft or destruction or unauthorized access to or alterations of Entry materials, or for technical, network, telephone equipment, electronic, computer, app, hardware or software malfunctions of any kind, or inaccurate transmission of or failure to receive Entry information by Sponsor on account of technical problems or traffic congestion on the Internet or at any website or any combination thereof; (ii) any injury or damage to Entrant’s or any other person’s computer related to or resulting from participating in the Contest, or (iii) the failure of any third party to comply with the instructions and proper administration of this Contest. By participating in the Contest, Entrants (i) agree to be bound by these Official Rules, including all eligibility requirements, and (ii) agree to be bound by the decisions of Sponsor and the Administrator, which are final and binding in all matters relating to the Contest. Sponsor reserves the right at its sole discretion to disqualify any individual that tampers or attempts to tamper with the entry process or the operation of the Contest or website or violates these Official Rules. LEGAL WARNING: ANY ATTEMPT BY AN INDIVIDUAL, WHETHER OR NOT AN ENTRANT, TO DELIBERATELY INTERFERE WITH THE OPERATION OF THE CONTEST, IS A VIOLATION OF CRIMINAL & CIVIL LAWS AND SPONSOR RESERVES THE RIGHT TO SEEK DAMAGES AND DILIGENTLY PURSUE ALL REMEDIES AGAINST ANY SUCH INDIVIDUAL TO THE FULLEST EXTENT PERMITTED BY LAW.
WINNERS LIST: For a list of winners (available after
PRIVACY: By entering the Contest, the information Entrants provide may be sent to promotional partners. Entrants may be contacted by the Sponsor and/or any promotional partners with future promotional offers. Information provided by entrants to participate in this Contest is subject to Sponsor’s privacy policy located at https://www.sofi.com/privacy-policy/.
SPONSOR:
ADMINISTRATOR:
This Contest is in no way promoted, endorsed, or administered by, or associated with any social media entity, including but not limited to Instagram®,
1Source:
View source version on businesswire.com: https://www.businesswire.com/news/home/20210927005253/en/
PR@SoFi.com
Source: SoFi
FAQ
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