SoFi Technologies is a digital personal finance company that aims to help people reach financial independence to realize their ambitions. SoFi has created and developed a financial services platform to offer modern financial products and services that help people borrow, save, spend, invest, and protect their money better. The company developed a comprehensive suite of products that offers the speed, selection, content and convenience that only an integrated digital platform can provide. The company intends to be a one-stop shop for its client's finances and operates solely through its mobile app and website. SoFi provides financial products that include student loan refinancing, mortgages, personal loans, credit card, investing, and banking through both mobile app and desktop interfaces. The company also offers SoFi Weekly Dividend ETF, an equity ETF to provide a weekly dividend payment to shareholders.
SOFI AT A GLANCE
SOFI SEGMENTS
Lending Segment — Multiple loan products: student loans, personal loans and home loans
Financial Services Segment — Cash management and investment services across its SoFi Money, SoFi Invest, SoFi Credit Card and SoFi Relay products
Technology Platform — Technology platform Services (Galileo) and Clearing Brokerage Services (Apex)