To say that SoFi (SOFI 4.73%) has shown impressive momentum in the few years since it went public would be an understatement. In the three-year period including 2022, 2023, and 2024, SoFi's membership base nearly tripled, and its bank grew from $0 in deposits (it got its banking charter in early 2022) to nearly $26 billion.
SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI) is making student loan repayment more flexible with the launch of SmartStart, a new refinance option. With SmartStart, people can put money they'd otherwise use on student loan payments in the first nine months towards supporting life transitions like finding a new job, relocating to a new city, or searching for a new home. ...
As I write this, the stock market, as measured by the S&P 500 index of 500 of America's biggest companies, is down about 10%. That qualifies as a correction -- a drop of between 10% and 20%.
The broad market S&P 500 index is down 10% this year and off 14% from its peak, but it has climbed a bit from the low point it touched after President Donald Trump's broad tariff announcement tanked Wall Street a few weeks ago. The word out of the White House keeps changing, and the markets keep reacting.
SAN FRANCISCO--(BUSINESS WIRE)--SoFi (NASDAQ:SOFI) is expanding members' access to private market funds, which provide exposure to privately held companies before their potential initial public offering. SoFi members can now access a new class of the Cosmos Fund, with sole exposure to Anthropic, in addition to private equity funds Pomona Investment Fund and StepStone Private Markets Fund throug...
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