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 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) reached $29.6 at the closing of the latest trading day, reflecting a +1.82% change compared to its last close.
SoFi announced the public offering of $1.5 billion in stock. The share sale comes after the fintech company's market cap almost doubled so far in 2025.
SOFI's blockchain push aims to speed up cross-border transfers, cut fees and deepen user engagement across its growing financial ecosystem.
SoFi Technologies, Inc. (SOFI) Presents at UBS Global Technology and AI Conference 2025 Transcript
Investors interested in Financial - Miscellaneous Services stocks are likely familiar with XP Inc.A (XP) and SoFi Technologies, Inc. (SOFI). But which of these two stocks is more attractive to value investors?
SoFi Technologies (SOFI) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
At the cusp of optimism for SoFi stock is that the company has reduced its reliance on consumer lending services, expanding into banking, investing, and crypto trading.
SoFi Technologies NASDAQ: SOFI is having a banner year, with its stock up 84% since January. Last week, that momentum hit a new gear as the price climbed, forcing investors to take a closer look.
SOFI leverages Galileo's technology to accelerate innovation, enhance integration and sharpen its fintech edge as its earnings estimates rise.
SoFi Technologies continues to deliver strong growth, with Q3 2025 GAAP net revenue up 38% year-over-year and robust expansion in its Loan Platform Business. SOFI's platform model drives member growth, now at 12.6 million, and benefits from a diversified loan book, reducing reliance on student loans. The company is innovating with blockchain-powered international remittances via SoFi Pay, targeting the large US-Mexico market and enhancing its financial services ecosystem.