SoFi Secures $5B to Power Financial Independence and Fuel Member Ambition

SoFi, a values-driven company on a mission to help members get their money right, proudly announces a momentous milestone in our growth journey with the successful raise of $5 billion in funding. This significant capital influx underscores investor confidence in our innovative approach to creating modern financial products and services that empower our members to borrow, save, spend, invest, and protect their money better. Our fundamental goal is to help individuals achieve financial independence and realize their dreams—from buying a home and saving for retirement to paying off student loans and beyond. At the core of this funding announcement is our commitment to expanding and refining our suite of financial solutions to meet the diverse needs of our members. With these funds, SoFi will continue to develop and enhance our offerings, ensuring that our technology and platforms remain at the cutting edge, accessible, and tailored to the evolving financial landscape. We also plan to further invest in customer-centric initiatives that provide seamless, secure, and intuitive experiences, while fostering long-term relationships built on trust and transparency. This investment will propel our mission forward and amplify our efforts to dismantle the barriers that have traditionally separated people from financial success. Alongside our advisory services through SoFi LLC (registered investment advisor, CFL #6054612; NMLS #1121636), our offerings—including SoFi Checking and Savings through SoFi Bank, N.A. (Member FDIC) and SoFi Money™ via SoFi Securities LLC (Member FINRA/SIPC)—are set to be enhanced to provide even greater value and support. We are excited to write this new chapter in our story and extend our heartfelt gratitude to our investors and loyal members who continue to believe in our vision.