Welcome to our dedicated page for Sofi Technologies news (Ticker: SOFI), a resource for investors and traders seeking the latest updates and insights on Sofi Technologies stock.
SoFi Technologies, Inc. provides digital financial services through a member-focused app and related banking infrastructure. Company news centers on lending, banking, investing, credit cards, mortgages, home lending, financial planning and member products that let customers borrow, save, spend, invest and protect money.
Recurring updates also cover operating results, member and product growth, loan originations, the Galileo technology platform, instant-payment capabilities, enterprise banking services, crypto-related banking infrastructure, financial education programs, brand partnerships and annual stockholder meeting matters. SoFi's disclosures often link consumer financial products with technology-platform accounts and bank-powered payments capabilities.
SoFi Technologies (NASDAQ: SOFI) priced an underwritten public offering of 54,545,454 shares at $27.50 per share, for gross proceeds of approximately $1.5 billion, before underwriting discounts, commissions and offering expenses.
The underwriters have a 30‑day option to buy up to an additional 8,181,818 shares at the offering price. The offering is expected to close on December 8, 2025, subject to customary closing conditions. All shares will be sold by the company and net proceeds are intended for general corporate purposes, including enhancing capital position and funding growth.
SoFi Technologies (NASDAQ: SOFI) announced an underwritten public offering of $1.5 billion of common stock on December 4, 2025, with Goldman Sachs acting as lead underwriter.
The underwriter is expected to receive a 30‑day option to purchase up to an additional 15% of the shares. All shares will be sold by SoFi and net proceeds are intended for general corporate purposes, including enhancing capital position, increasing optionality, capital management efficiency, and funding incremental growth. The offering relies on an automatically effective Form S‑3 registration (No. 333-289046) effective July 29, 2025; prospectus supplement will be filed with the SEC.
SoFi Technologies (NASDAQ: SOFI) will participate in the UBS Global Technology & AI Conference on December 3, 2025. SoFi CFO Chris Lapointe is scheduled for a moderated fireside chat at 1:35 PM MST. A live webcast is available via registration, and an archived on‑demand webcast will be posted in the "Events & Presentations" section of SoFi's investor relations website at https://investors.sofi.com/.
SoFi (NASDAQ: SOFI) launched SoFi Crypto on November 11, 2025, becoming the first nationally chartered, FDIC‑insured bank to offer consumer crypto trading. The phased rollout starts immediately with broader access over coming weeks.
Members can buy, sell, and hold dozens of cryptocurrencies (including BTC, ETH, SOL) inside the integrated SoFi app, using funds in FDIC‑insured SoFi Money accounts. SoFi warns crypto assets are not FDIC or SIPC insured and can lose value. The company cites ownership doubling in 2025 and says 60% of its crypto‑owning members prefer buying crypto with a licensed bank. A waitlist and a promotion to win one Bitcoin run through January 31, 2026.
SoFi (NASDAQ: SOFI) named financial specialist and Your Rich BFF founder Vivian Tu as its first honorary Chief of Financial Empowerment on November 5, 2025. Tu, a New York Times bestselling author with a 10 million‑follower community, will advise on multichannel financial literacy content and lead a Generational Wealth Fund initiative planned to launch in 2026. The role expands a two‑year partnership during which Tu hosted four seasons of the YouTube series “Richer Lives.” SoFi says the program aims to increase financial confidence as Americans carry $2.8 trillion in combined credit card and student debt.
United (NYSE:UAL) launched the MileagePlus Debit Rewards Card on Nov 4, 2025, a Visa debit that earns miles on spending and qualifying balances.
Key features: a limited-time 10,000-mile new-member bonus after approval and $500 in purchases within four months; 1 mile/$1 on United purchases and 1 mile/$2 on other eligible purchases; annual balance-based bonus miles up to 70,000 for average daily balances ≥ $50,000; monthly fee waived for average daily balances ≥ $2,000, otherwise a $4 monthly fee.
The card is issued by Sunrise Banks, powered by Galileo, backed by Visa, FDIC-insured, and requires no credit check to apply.
Southwest Airlines (NYSE: LUV) launched the Southwest Rapid Rewards Debit Card on Oct. 28, 2025, a Visa debit card issued by Sunrise Banks and powered by Galileo.
Key features: a 2,500-point welcome bonus (two recurring deposits + $100 spend in 90 days), 1 point/$2 on everyday spend, 1 point/$1 on Southwest purchases, dining and subscriptions, a 7,500 Companion Pass bonus yearly, up to 7,500 anniversary points after $15,000 qualifying purchases, an annual $35 Southwest credit, and waived monthly fee with a $2,500 average balance.
SoFi (NASDAQ: SOFI) reported Q3 2025 results with record adjusted net revenue of $949.6M (up 38%) and GAAP net revenue of $961.6M (up 38%). The company posted net income $139.4M and adjusted EBITDA $276.9M (up 49%), and raised 2025 guidance. Fee-based revenue hit a record $408.7M (up 50%).
Member and product growth were strong: 12.6M members (+35%) and 18.6M products (+36%). Total loan originations reached $9.9B (+57%). SoFi highlighted improvements in net interest margin, deposit remixing savings, and continued investments in crypto and AI.
Galileo (NASDAQ: SOFI) joined the AWS Partner Network on October 16, 2025 to make its payment processing platform available through Amazon Web Services. The partnership lets fintechs, banks, and brands deploy Galileo’s API-based card issuance, real-time transactions, fraud prevention, and embedded payments on AWS.
Galileo says it supports millions of enabled accounts across North and Latin America and was ranked #1 in Javelin Strategy & Research’s 2025 Digital Issuance Provider Scorecard. As an APN member, Galileo joins a global network of 130,000 partners across more than 200 countries to expand access and accelerate product launches.
SoFi (NASDAQ: SOFI) has announced the rollout of Options Level 1 trading to its SoFi Invest members, offering commission-free and contract fee-free options trading. The new feature enables members to execute covered calls and cash-secured puts strategies, complementing existing Options Level 2 capabilities.
The platform includes built-in educational resources to help members understand options trading risks and strategies. SoFi plans to expand its offerings with additional options levels, IRA options trading, and zero-day expiration contracts. The company is also removing exercise and assignment fees to provide a more transparent trading experience.
This launch follows SoFi's recent expansion into private markets and alternative investments through partnerships with Fundrise, Cashmere, Liberty Street Advisors, and others, providing access to investments in companies like OpenAI, SpaceX, and Discord.