SoFi Technologies, Inc.

SoFi Technologies, Inc. is a digital financial services company that provides a range of products and services to help its members borrow, save, spend, invest, and protect their money. Founded in 2011, the company is headquartered in San Francisco, California and operates through three segments: Lending, Technology Platform, and Financial Services. SoFi’s lending and financial services and products allow its members to borrow, save, spend, invest, and protect their money. It offers student loans, personal loans for debt consolidation and home improvement projects, and home loans. In addition, SoFi provides cash management, investment, and technology services.

SoFi’s technology platform, Galileo, offers services to financial and non-financial institutions. It also operates Apex, a technology enabled platform that provides investment custody and clearing brokerage services, as well as Technisys, a cloud-based digital multi-product core banking platform. SoFi has experienced tremendous growth since its founding, with the company now boasting over 1 million members and $10 billion in funded loans. It has also expanded its services to include credit cards, insurance, and wealth management, among other products. In 2020, SoFi raised $500 million in a Series G funding round, bringing the company’s total funding to over $2 billion.