OverviewSuggest Edit

SoFi is a finance company offering a range of lending and wealth management services. The Company primarily caters to early-stage professionals and offers variable and fixed rate parent, personal, MBA loans, mortgage refinancing and more.
TypePrivate
Founded2011
HQSan Francisco, CA, US
Websitesofi.com
Employee Ratings3.4
Overall CultureB

Latest Updates

Employees (est.) (Jan 2021)1,673(+3%)
Job Openings1
Cybersecurity ratingBMore

Key People/Management at SoFi

Anthony Noto

Anthony Noto

CEO
Rob Lavet

Rob Lavet

General Counsel
Jim Maloney

Jim Maloney

Chief Information Security Officer
John Gardner

John Gardner

General Manager of Wealth
Robert Meck

Robert Meck

SVP of Operations
Jing Liao

Jing Liao

Chief Human Resources Officer
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SoFi Office Locations

SoFi has offices in San Francisco, Cottonwood Heights, Healdsburg, Las Vegas and in 6 other locations
San Francisco, CA, US (HQ)
234 1st St, San Francisco
Cottonwood Heights, UT, US
2750 E Cottonwood Pkwy
Healdsburg, CA, US
375 Healdsburg Ave #280
Las Vegas, NV, US
Las Vegas, NV, USA
New York, NY, US
860 Washington St
Seattle, WA, US
Seattle, WA, USA
Show all (10)

SoFi Financials and Metrics

Summary Metrics

Founding Date

2011

SoFi total Funding

$2.4 b

SoFi latest funding size

$766.97 k

Time since last funding

a year ago

SoFi investors

SoFi's latest funding round in September 2019 was reported to be $767 k. In total, SoFi has raised $2.4 b. SoFi's latest valuation is reported to be $4.3 b.
View all funding rounds

SoFi Revenue

USD

Revenue (Q3, 2017)

145.3m

Market valuation

4.3b
USDQ2, 2017Q3, 2017

Revenue

134.0m145.3m

EBITDA

61.6m

EBITDA margin, %

46%
USDQ2, 2017

Revenue/Employee

163.8k
Show all financial metrics

SoFi Operating Metrics

SoFi's Total Loans was reported to be $30b in Apr, 2018.
May, 2014Sep, 2015Jun, 2016Jan, 2017May, 2017Apr, 2018Oct, 2019

Members

5 k100 k225 k300 k500 k

Total Loans

$500 m$4 b$10 b$15 b$30 b

Annual Percentage Yield

1.8%

FDIC Insurance

$1.50 m
Show all operating metrics

SoFi Acquisitions / Subsidiaries

Company NameDateDeal Size
8 SecuritiesApril 21, 2020
Galileo Financial TechnologiesApril 07, 2020$1.20 b
ZenBanxFebruary 01, 2017$100 m

SoFi Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

SoFi Online and Social Media Presence

Embed Graph

SoFi Company Culture

  • Overall Culture

    B

    76/100

  • CEO Rating

    B

    73/100

  • Compensation

    B

    74/100

  • Diversity

    B

    78/100

Learn more on Comparably

SoFi News and Updates

3 Reasons To Buy SoFi Stock After Its SPAC IPO

Six years ago I invested in SoFi. Now that it's poised to go public, I'm in no hurry to sell

SoFi nears deal to go public via Spac - Reuters

Online lender SoFi is closing on a deal to go public via a merger with special purpose acquisition company (Spac), Social Capital Hedosophia Holdings Corp V, according to Reuters.

SoFi to Go Public Through SPAC Merger at $8.6B Valuation

The lending fintech agreed to merge with SPAC Social Capital Hedosophia.

Online lender SoFi to go public with a $8.7 billion valuation

It marks the latest example of a growing trend in which closely held firms go public by merging with a SPAC.

Fintech start-up SoFi to go public via SPAC backed by Chamath Palihapitiya

Fintech start-up SoFi says it will merge with a special purpose acquisition company, or SPAC, backed by venture capital investor Chamath Palihapitiya.

Online lender SoFi explores deal to go public, report says

SoFi has held discussions with blank-check acquisition companies about a deal that would allow it to debut in the stock market, sources said.
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SoFi Blogs

Basketball and Blockchain: A Modern Partnership

Many analysts say they now consider crypto-based transactions to be the most modern and secure way to do business. The post Basketball and Blockchain: A Modern Partnership appeared first on SoFi.

Small Cap Stocks Steadily Keep Climbing

Compared to the S&P 500 and other indexes composed of larger companies, the success of the Russell 2000 is much more closely tied to the health of the US economy. The post Small Cap Stocks Steadily Keep Climbing appeared first on SoFi.

Netflix Hits Subscription Records

Netflix ended 2020 with over 200 million subscribers. Netflix shares rose 12% after the announcement. The post Netflix Hits Subscription Records appeared first on SoFi.

Biden Takes Action on Student Loans

President Joe Biden issued an executive order directing the Education Department to extend the CARES Act suspension of federal student loan payments. The post Biden Takes Action on Student Loans appeared first on SoFi.

Brookfield Bets on a Return to the Office

The firm expects its office and mall properties will bounce back, which will help it regain ground in the future. The post Brookfield Bets on a Return to the Office appeared first on SoFi.

Do Stimulus Checks Count as Income?

Stimulus payments are not taxable income. They are cash advances of a new federal tax credit born of the COVID crisis. The post Do Stimulus Checks Count as Income? appeared first on SoFi.
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SoFi Frequently Asked Questions

  • When was SoFi founded?

    SoFi was founded in 2011.

  • Who are SoFi key executives?

    SoFi's key executives are Anthony Noto, Rob Lavet and Jim Maloney.

  • How many employees does SoFi have?

    SoFi has 1,673 employees.

  • Who are SoFi competitors?

    Competitors of SoFi include Avant, Lending Club and Upstart.

  • Where is SoFi headquarters?

    SoFi headquarters is located at 234 1st St, San Francisco, San Francisco.

  • Where are SoFi offices?

    SoFi has offices in San Francisco, Cottonwood Heights, Healdsburg, Las Vegas and in 6 other locations.

  • How many offices does SoFi have?

    SoFi has 10 offices.