SoFi

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Anthony Noto's photo - CEO of SoFi

CEO

Anthony Noto

CEO Approval Rating

78/100

Founded:

2011

Status:

PublicMerged with Social Capital Hedosophia Holdings Corp. VNASDAQSOFI

SOFI TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

SoFi's company profile
Anthony Noto's photo - CEO of SoFi

Anthony Noto

CEO

78/100
1,383
$3.7B
$870.8M
View Profile
1
SoFi's Competitor - LendingClub logo
Scott Sanborn's photo - President & CEO of LendingClub

Scott Sanborn

President & CEO

70/100
1,768
$1.2B
$662M
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2
SoFi's Competitor - LendKey logo
Vince Passione's photo - Co-Founder & CEO of LendKey

Vince Passione

Co-Founder & CEO

75/100
128
$52.2M
$21.5M
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3
SoFi's Competitor - Earnest logo
David Green's photo - CEO of Earnest

David Green

CEO

79/100
197
$307M
$20M
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4
SoFi's Competitor - CommonBond logo
David Klein's photo - Co-Founder & CEO of CommonBond

David Klein

Co-Founder & CEO

69/100
120
$1.9B
$8.5M
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5
SoFi's Competitor - Laurel Road logo
CEO Avatar

CEO

- -
193
- -
$20M
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6
SoFi's Competitor - Prosper logo
David Kimball's photo - Chairman & CEO of Prosper

David Kimball

Chairman & CEO

84/100
429
$424.2M
$117.7M
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7
SoFi's Competitor - Upstart logo
Dave Girouard's photo - Co-Founder & CEO of Upstart

Dave Girouard

Co-Founder & CEO

79/100
429
$367.7M
$469.9M
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8
SoFi's Competitor - OnDeck logo
CEO Avatar

CEO

- -
500
$1.3B
$485M
View Profile
9
SoFi's Competitor - Acorns logo
Noah Kerner's photo - CEO of Acorns

Noah Kerner

CEO

70/100
400
$705.6M
$71M
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10
SoFi's Competitor - Ally logo
Jeffrey J. Brown's photo - CEO of Ally

Jeffrey J. Brown

CEO

78/100
8,200
$2.4B
$8B
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11
SoFi's Competitor - Lodex Pty Ltd logo
Bill Kalpouzanis's photo - Co-CEO of Lodex Pty Ltd

Bill Kalpouzanis

Co-CEO

69/100
50
- -
$2M
View Profile
12
SoFi's Competitor - Credible logo
Stephen Dash's photo - Founder & CEO of Credible

Stephen Dash

Founder & CEO

78/100
230
$74.8M
$45M
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Missing a competitor? Contribute!

LendingClub is a top competitor of SoFi. LendingClub is a Public company that was founded in 2006 in San Francisco, California. LendingClub operates in the Consumer Finance & Credit Cards industry. Compared to SoFi, LendingClub has 158 fewer employees.

LendKey is seen as one of SoFi's biggest rivals. LendKey was founded in 2007, and is headquartered in New York, New York. LendKey is in the Banks industry. LendKey generates $849.3M less revenue vs. SoFi.

Earnest is seen as one of SoFi's top competitors. Earnest was founded in Wilkes-Barre, Pennsylvania} in 2013. Earnest competes in the Banks industry. Compared to SoFi, Earnest generates $850.8M less revenue.

SoFi Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$870.8M

SoFi's revenue is the ranked 2nd among it's top 10 competitors. The top 10 competitors average 608.9M. Over the last three quarters, SoFi's revenue has grown by 22.5%. Specifically, in Q3 2021's revenue was $292.5M; in Q2 2021, it was $258.7M; in Q3 2020, it was $238.8M.

SoFi Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Golden Pacific Bancorp, Inc

Mar 2021

Source »
$22.3M
Golden Pacific is a California-based financial institution that provides personal and commercial banking products and services for individuals and businesses.
8 Securities Limited

Apr 2020

Source »
undisclosed
8 Securities is a mobile-based trading application that allows individuals and investors to buy and sell stocks.
Galileo Financial Technologies, LLC

Apr 2020

Source »
$1.2B
Galileo is an Utah-based payment processing platform that provides payment card programs, digital banking and related solutions to businesses.
Zenbanx Holding Ltd

Feb 2017

Source »
$100M
Zenbanx is a financial technology firm that develops a mobile application providin​g multi-currency banking services to individuals and businesses.

These are all the companies that SoFi has acquired. SoFi has acquired 4 companies and its latest acquisition was Golden Pacific Bancorp, Inc in Mar 2021. Golden Pacific is a California-based financial institution that provides personal and commercial banking products and services for individuals and businesses.

SoFi Funding History

Since SoFi was founded in 2011, it has participated in 15 rounds of funding. In total SoFi has raised $3.7B. SoFi's last funding round was on Dec 2020 for a total of $369.8M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Dec 2020
$369.8M
Equity
May 2020
$814.2M
-
Equity
May 2019
$539M
Series F
Mar 2017
$403M
Equity
Feb 2017
$49.9M
-

Since SoFi was founded in 2011, it has participated in 15 rounds of funding. In total SoFi has raised $3.7B. SoFi's last funding round was on Dec 2020 for a total of $369.8M

SoFi Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

BlockFi is a New Jersey-based fintech platform that offers cryptocurrency lending, wealth management and trading solutions for individuals and businesses.
$650K
Dec 17, 2017
-

These are all the companies that SoFi has invested in. SoFi's latest investment was BlockFi in Dec 17,. BlockFi is a New Jersey-based fintech platform that offers cryptocurrency lending, wealth management and trading solutions for individuals and businesses.

SoFi News

November 16, 2021MarketWatch

SoFi stock falls after company announces secondary offering by some of its shareholders

Shares of SoFi Technologies Inc. are off about 3% in premarket trading Tuesday after the company anno... See more »
November 11, 2021MarketScreener

SoFi to Participate in Upcoming Fourth Quarter Investor Conferences

(marketscreener.com) SoFi , a leading next-generation financial services platform, announced that it ... See more »
November 11, 2021Street Register

SoFi Surges as Robust Member Additions Bring New Guidance -Breaking

© Reuters. By Dhirendra Tripathi Investing.com - SoFi Technologies stock (NASDAQ:) climbed more than ... See more »
November 10, 2021MarketWatch

Affirm, SoFi stocks drop ahead of earnings

Wednesday afternoon marks an eventful period for financial-technology earnings, with Affirm Holdings ... See more »
November 10, 2021Benzinga

377,000 New Members, Record Lending Revenue And More

SoFi Technologies (NASDAQ: SOFI) shares are trading higher after reporting third-quarter financial re... See more »
November 10, 2021MarketWatch

SoFi stock shoots higher after earnings are 'very strong on nearly every metric'

Shares of SoFi Technologies Inc. surged in after-hours trading Wednesday after the financial-technolo... See more »

SoFi Blogs

December 1, 2021SoFi Blog

The FTC Seeks Supply-Chain Intel from Nation's Retailers

Walmart, Amazon, and a host of other retailers have been able to weather the supply-chain storm. The ... See more »
December 1, 2021SoFi Blog

Coal Prices Soar as Inventory Falls

Coal prices are hitting highs not seen in years. A lack of supply and the impending winter are drivin... See more »
December 1, 2021SoFi Blog

Stocks Fall on Omicron Variant Concerns and Questions About the Fed's Plans

The Omicron variant and the possibility that the Fed will wind down its bond-buying program early spo... See more »
November 30, 2021SoFi Blog

Ghost Kitchens Face Growing Pains Amid Rapid Expansion

Ghost kitchen operators are running into trouble as they expand at a rapid pace. But this is not enou... See more »
November 30, 2021SoFi Blog

Amazon Doubles Down on Fulfillment Network

During the pandemic Amazon nearly doubled its network of fulfillment centers as it aims to control al... See more »
November 30, 2021SoFi Blog

Major Brands Beginning to Test the Metaverse Waters

Brands are testing the waters with the metaverse after Meta Platforms' $10 billion commitment.The pos... See more »
November 29, 2021SoFi Blog

Student Loan Borrowers Face Changes in 2022

Changes are happening for student borrowers next year. From repayments resuming to loan servicers cha... See more »

SoFi Press Releases

June 7, 2021Business Wire

SoFi to Participate in the Piper Sandler Global Exchanges & FinTech Conference

SAN FRANCISCO--(BUSINESS WIRE)--SoFi announced that it will meet with institutional investors at the ... See more »
January 7, 2021PR Newswire

WeissLaw LLP Investigates Social Capital Hedosophia Holdings Corp. V

NEW YORK, Jan. 7, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary d... See more »
October 5, 2020StreetInsider

T. Rowe Price Retirement Plan Services, Inc. Adds SoFi Student Loan Solutions to Financial Wellness Offering

BALTIMORE, Oct. 5, 2020 /PRNewswire/ --Â T. Rowe Price Retirement Plan Services, Inc. announced today... See more »
August 8, 2020PR Newswire

SoFi Offers Immediate Financial Assistance to Americans as Congressional Negotiations Stretch On

SAN FRANCISCO, Aug. 7, 2020 /PRNewswire/ -- As Congress continues to hammer out an extended stimulus ... See more »
July 23, 2020PR Newswire

Your Money Goes Further With Samsung Money by SoFi

MOUNTAIN VIEW, Calif., July 23, 2020 /PRNewswire/ -- Samsung Electronics America, Inc., announced tha... See more »
April 27, 2020PR Newswire

SoFi Facilitates PPP Support To Members During COVID-19

SAN FRANCISCO, April 27, 2020 /PRNewswire/ -- SoFi announced today it has helped funnel over $75 mill... See more »
April 1, 2020Business Wire

Fraud, Growth, and Innovation in Turbulent Times"

NEW YORK--(BUSINESS WIRE)-- #AML--Socure, the leader in Day Zero digital identity verification, is pr... See more »

SoFi Videos

Social Media

SoFi Headquarters

234 1st Street

San Francisco, California94105

415-697-2049

Driving Directions »

Trending Companies

SoFi Summary

ABOUT

Overview

SoFi is a California-based online lending platform that allows users to apply for student loan refinancing, mortgages and personal loans. SoFi was founded in 2011. SoFi's headquarters is located in San Francisco, California, USA 94105. SoFi's CEO, An...

CEO

SoFi's CEO, Anthony Noto, currently has an approval rating of 78%. SoFi's primary competitors are LendingClub, LendKey & Earnest.

Website

sofi.com

Frequently Asked Questions about SoFi

  1. When was SoFi founded?

    SoFi was founded in 2011
  2. Who is SoFi's CEO?

    SoFi's CEO is Anthony Noto
  3. How much revenue does SoFi generate?

    SoFi generates $870.8M in revenue
  4. How much funding does SoFi have?

    SoFi has historically raised $3.7B in funding
  5. Where is SoFi's headquarters?

    SoFi's headquarters is in San Francisco California, USA
  1. How many employees does SoFi have?

    SoFi has 1,383 employees
  2. What sector does SoFi operate in?

    SoFi is in Banks
  3. Who are SoFi's competitors?

    SoFi's top competitors are LendingClub, LendKey, Earnest
  4. Who has SoFi invested in?

    SoFi's has invested in companies such as BlockFi