Summary
6B0 Chart
SoFi's red-hot stock drops after plan to raise $1.5 billion in stock offering
Shares of SoFi Technologies Inc. sank more than 6% in after-hours trading Thursday, after the fintech company announced plans for a $1.5 billion stock offering.
SoFi Aims to Raise $1.5 Billion to Fund Additional Business Opportunities
SoFi Technologies is looking to fund additional business opportunities with an underwritten public offering of $1.5 billion of shares of its common stock.
SoFi Technologies, Inc. (SOFI) Rises Higher Than Market: Key Facts
SoFi Technologies, Inc. (SOFI) reached $29.6 at the closing of the latest trading day, reflecting a +1.82% change compared to its last close.
SoFi Technologies, Inc. (6B0) FAQ
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SoFi Technologies, Inc. Profile
| - Industry | - Sector | Anthony J. Noto CEO | XSTU Exchange | US83406F1021 ISIN |
| US Country | 5,000 Employees | - Last Dividend | - Last Split | 30 Nov 2020 IPO Date |
Overview
SoFi Technologies, Inc., established in 2011 and headquartered in San Francisco, California, operates as a multifaceted financial services provider across the United States, Latin America, and Canada. The company categorizes its wide range of offerings into three primary segments: Lending, Technology Platform, and Financial Services. SoFi Technologies is dedicated to offering comprehensive financial solutions that enable its members to borrow, save, spend, invest, and protect their money more effectively. With a focus on combining personal finance management with innovative technology, SoFi aims to fulfill the evolving financial needs of its customers.
Products and Services
- Personal Loans, Student Loans, Home Loans, and More:
Offers various lending solutions, including personal loans for debt consolidation or major purchases, specialized student loan options for tuition and education expenses, and home loans for new purchases or refinancing.
- Galileo Technology Platform:
A robust platform providing advanced technological services to both financial and non-financial institutions, facilitating the seamless integration and management of financial operations.
- Technisys:
Offers a cloud-native digital and core banking platform, serving financial service customers with an innovative platform for managing banking operations.
- SoFi Money:
A cash management product that combines checking and savings accounts functionalities, complete with a debit card offering.
- SoFi Invest:
A mobile-first investment platform that enables users to access a wide range of trading and advisory services, including direct investing and automated robo-advisory solutions.
- SoFi Credit Card:
Provides members with a cashback rewards credit card, rewarding every purchase with potential cashback benefits.
- SoFi Relay:
A personal finance management tool that enables users to track all their financial accounts in one place, monitor credit scores, and understand spending habits.
- SoFi Protect:
Offers a variety of insurance products designed to offer financial protection and peace of mind.
- SoFi Travel:
An application focused on managing travel plans, including search and booking capabilities for various travel needs.
- SoFi At Work:
Delivers financial benefits directly in the workplace, such as contributions to employees' student loans, positioning SoFi as a partner in both individual financial health and employee benefits.
- Lantern Credit:
A financial services marketplace platform that assists users in exploring alternative financial products and services through comprehensive comparisons and insights.
- Lending as a Service and Loan Sales:
Provides referrals of pre-qualified borrowers to third-party partners and engages in the sale of loans, facilitating broader access to SoFi's lending products across the industry.
Contact Information
