SOFI

SoFi Technologies Inc Price

Closed
SOFI
$18,44
-$0,54(-%2,84)

*Data last updated: 2026-04-24 00:36 (UTC+8)

As of 2026-04-24 00:36, SoFi Technologies Inc (SOFI) is priced at $18,44, with a total market cap of $24,30B, a P/E ratio of 62,55, and a dividend yield of %0,00. Today, the stock price fluctuated between $17,93 and $18,94. The current price is %2,84 above the day's low and %2,63 below the day's high, with a trading volume of 44,21M. Over the past 52 weeks, SOFI has traded between $14,93 to $20,12, and the current price is -%8,34 away from the 52-week high.

SOFI Key Stats

Yesterday's Close$18,83
Market Cap$24,30B
Volume44,21M
P/E Ratio62,55
Dividend Yield (TTM)%0,00
Diluted EPS (TTM)0,39
Net Income (FY)$481,32M
Revenue (FY)$4,76B
Earnings Date2026-04-29
EPS Estimate0,12
Revenue Estimate$1,04B
Shares Outstanding1,29B
Beta (1Y)2.251

About SOFI

SoFi Technologies, Inc. provides digital financial services. It operates through three segments: Lending, Technology Platform, and Financial Services. The company's lending and financial services and products allows its members to borrow, save, spend, invest, and protect their money. It offers student loans; personal loans for debt consolidation and home improvement projects; and home loans. The company also provides cash management, investment, and technology services. In addition, it operates Galileo, a technology platform that offers services to financial and non-financial institutions; and Apex, a technology enabled platform that provides investment custody and clearing brokerage services, as well as Technisys, a cloud-based digital multi-product core banking platform. The company was founded in 2011 and is headquartered in San Francisco, California.
SectorFinancial Services
IndustryFinancial - Credit Services
CEOAnthony J. Noto
HeadquartersSan Francisco,CA,US
Official Websitehttps://www.sofi.com
Employees (FY)6,10K
Average Revenue (1Y)$781,90K
Net Income per Employee$78,90K

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SoFi Technologies Inc (SOFI) is currently trading at $18,44, with a 24h change of -%2,84. The 52-week trading range is $14,93–$20,12.

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SoFi Technologies Inc (SOFI) Latest News

2026-04-22 06:01

SoFi Adds XRP Deposit Support but Restricts Withdrawals to External Wallets

Gate News message, April 22 — SoFi Crypto added XRP deposit support to its platform on April 21, but the launch drew user backlash over the bank's continued restriction on withdrawing crypto to external wallets. According to SoFi's support materials, users can transfer crypto assets from external wallets into SoFi Crypto, but cannot currently withdraw crypto to external wallets. Non-USDC crypto holdings must be sold before cash proceeds can be transferred to SoFi Checking or Savings accounts. The restriction sparked criticism from the XRP community. Critic Dan Thurman (@MotiveXRP) argued that XRP withdrawals are not allowed by SoFi, describing the offering as "basically only a spot ETF" that "does nothing to help the XRP ecosystem." In contrast, Ripple (@Ripple) framed the addition positively on April 21, stating that "more access to $XRP with @SoFi means more people can participate, and that's exactly how utility grows." SoFi charges a flat 1% transaction fee on crypto buy and sell orders, but does not charge a fee to receive crypto deposits. A SoFi spokesperson confirmed that external digital-asset withdrawals are coming soon. Before XRP was added, SoFi Crypto supported 11 cryptocurrencies for deposits—including BTC, ETH, USDC, LINK, SHIB, UNI, AAVE, POL, LDO, FLOKI, and SOL—with 27 cryptocurrencies available for trading overall.

2026-04-21 22:00

SoFi Enables XRP Deposits but Restricts Withdrawals, Drawing User Criticism

Gate News message, April 21 — SoFi announced that its crypto business now supports XRP deposits, but the platform currently does not allow withdrawals to external wallets. Users can only hold or trade XRP within the platform and cannot transfer tokens to on-chain wallets. Some users criticized the limitation as an "ETF-like model," arguing that it merely provides price exposure without true integration into the crypto ecosystem. SoFi stated that withdrawal functionality will be enabled in the future, though the company has not provided a specific timeline.

2026-04-01 06:06

Musk denies SpaceX IPO excludes Robinhood and SoFi; retail investors still have opportunities

Gate News reports that Elon Musk recently denied the rumors that SpaceX’s upcoming IPO would exclude Robinhood Markets (HOOD) and SoFi Technologies (SOFI). Previously, Reuters reported that Morgan Stanley’s E*Trade might take the lead in selling SpaceX shares to retail investors in the United States, while Robinhood and SoFi could be unable to participate—raising concerns among retail investors. Musk clarified that these rumors are false, and retail-friendly platforms have not been excluded from the IPO. Currently, SpaceX plans to reserve about 30% of the IPO for retail investors, far above the usual 5%-10%. The IPO is expected to raise up to $75 billion, with a valuation approaching $1.75 trillion. This means young investors still have the opportunity to participate through platforms like Robinhood. As of February 2026, Robinhood reported 27.4 million paid users and total assets of $314 billion. Its user base’s average age is around 35, which closely overlaps with the fan base of Tesla and SpaceX. Therefore, Robinhood plays a key role in this IPO. SOFI is also actively seeking participation opportunities and is competing with E*Trade and Fidelity for retail allocations. Following Reuters’ initial report, Robinhood’s stock, HOOD, briefly fell about 2%. Musk’s clarification indicates that SpaceX’s IPO plan remains on schedule, with a listing expected in June 2026, but whether Robinhood can secure an official distribution channel role has not yet been finalized. Analysts believe Musk’s statement stabilizes market expectations and also reassures retail investors about participating in what could be the largest IPO in history. If the IPO proceeds smoothly, Robinhood and SoFi may become important channels for retail investors to access SpaceX investments, while simultaneously further strengthening young investors’ participation in IPOs of high-growth technology companies.

2026-03-31 00:21

Hindenburg is shorting the U.S. crypto-friendly bank SoFi, accusing it of allegedly inflating profits by $1 billion.

Gate News reports that on March 31, the short-selling firm Muddy Waters released its latest report, announcing that it has established a short position in SoFi Technologies, Inc. (SOFI), the United States' first nationwide chartered bank supporting Bitcoin and cryptocurrency trading. The report accuses SOFI’s management of allegedly recording $312 million in loans from JPMorgan Chase as “loan sales,” thereby artificially inflating reported profits to secure management bonuses, while shareholders would bear approximately 15% in annual dilution. Muddy Waters points out that UCC filing documents from Utah show that JPMorgan Chase was the “senior lender” in the relevant transactions, not the asset buyer, which contradicts SOFI’s accounting treatment. The report believes that SOFI will ultimately have to restate the $312 million transaction, which could lead to a restatement of about $1 billion in previously reported EBITDA, and its actual capital adequacy ratio will be significantly reduced. Additionally, the report accuses SOFI of using a “secured loan” program to support its unrealistic fair-value markings on personal loans, in order to maintain its financial narrative.

2026-03-07 00:06

BitGo provides stablecoin infrastructure services for SoFiUSD and supports institutional distribution.

Gate News Report, March 7 — BitGo announced that its subsidiary, BitGo Bank & Trust, has been selected to provide infrastructure services for SoFiUSD stablecoin and support its distribution. SoFiUSD, issued by SoFi Bank, is the first U.S. nationally chartered and insured depository bank to issue a dollar stablecoin on a public, permissionless blockchain. BitGo will provide technology and operational infrastructure for SoFiUSD through its "Stablecoin-as-a-Service" platform, as well as institutional access and application support.

Hot Posts About SoFi Technologies Inc (SOFI)

CryptoFrontNews

CryptoFrontNews

8 hours ago
* SoFi now supports XRP deposits alongside major assets, integrating it into a regulated OCC-backed banking platform. * Users can manage multiple cryptocurrencies in one app, though withdrawals to external wallets remain restricted. * Institutional interest in XRPL rises, with tokenized value growth and engagement from major financial firms. SoFi Technologies confirmed on April 21 that it now supports XRP deposits, expanding crypto access for U.S. retail users. The update places XRP within a nationally chartered bank platform regulated by the OCC. The move allows users to deposit XRP alongside bitcoin, ethereum, and solana, integrating the asset into a regulated financial environment. **Crypto Deposit Options Expand Across Networks** ------------------------------------------------- Notably, SoFi said users can now deposit 12 cryptocurrencies into its crypto accounts. These include bitcoin, ethereum, USD Coin, chainlink, and XRP. The platform supports transfers across major blockchain networks, including Bitcoin, Ethereum, Solana, and the XRP Ledger. However, the company maintains restrictions on withdrawals to external wallets. Users can still manage holdings within a single application, covering trading and portfolio tracking. Additionally, SoFi offers trading access to 27 cryptocurrencies, including dogecoin, cardano, avalanche, and stellar. This broader support shows a multi-asset approach within one retail-focused platform. Meanwhile, SoFi highlighted portfolio management as a central feature tied to its crypto infrastructure. **Ripple Notes Access as Adoption Grows** ----------------------------------------- Ripple acknowledged the update on April 21, linking it to wider participation in digital asset markets. The firm stated that increased access allows more users to engage with XRP. This aligns with ongoing efforts to expand availability through financial platforms. At the same time, reactions among users remain mixed. Some questioned whether deposits represent direct ownership, citing reliance on the institution. Others pointed to growing adoption as a sign of demand for XRP access. **Institutional Activity Builds Around XRPL** --------------------------------------------- Separately, institutional interest in the XRP Ledger continues to rise. During the Digital Assets Forum 2026 in London, Odelia Torteman confirmed engagement from major firms. These include BlackRock, Mastercard, and Franklin Templeton. Data shows tokenized value on the network reached about $2.5 billion, up from $1.5 billion. Growth followed a sharp increase in real-world asset activity. XRPL also processes transactions within seconds at low cost, supporting its use in payments and settlement.
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CoffeeNFTrader

CoffeeNFTrader

13 hours ago
- Advertisement -![](https://img-cdn.gateio.im/social/moments-2747b7366c-2b20e1c778-8b7abd-badf29) * * * * * SoFi Technologies and Mastercard announced a partnership enabling SoFiUSD to serve as a settlement currency across Mastercard’s global payments network, marking the first time a stablecoin issued by a US nationally chartered FDIC-insured bank has been used for global network settlement on a public blockchain. What the Partnership Does ------------------------- The mechanics are straightforward. When a card transaction runs through Mastercard’s network, settlement traditionally happens through a series of correspondent banking relationships that operate on business day schedules with cutoff times and processing delays. SoFiUSD replaces that process with near-instant, 24/7 settlement on Ethereum. SoFi Bank, N.A. will settle its own credit and debit card transactions using SoFiUSD directly. Galileo, SoFi’s payments technology platform that powers other fintechs and issuing banks, will be among the first platforms to offer its clients the option to settle using SoFiUSD as well. > SoFi and Mastercard to enable SoFiUSD stablecoin settlement across global payments network https://t.co/xatFx1YsKJ > > — The Block (@TheBlockCo) March 3, 2026 The reach of Galileo means the partnership extends beyond SoFi’s own card transactions to whatever volume its fintech clients choose to route through the new settlement rail. SoFiUSD is supported on Mastercard’s Multi-Token Network, a platform designed to bridge traditional finance with tokenized assets. The MTN is Mastercard’s infrastructure play for the tokenized payments world, and SoFiUSD becoming a settlement currency on it is a material validation of both the network and the stablecoin. Why the FDIC-Insured Bank Detail Matters ---------------------------------------- The announcement describes SoFiUSD as the first stablecoin issued by a US nationally chartered, FDIC-insured bank to be used for global network settlement on a public, permissionless blockchain. That combination of qualifiers is doing significant work. Most stablecoins are issued by non-bank entities. USDT is issued by Tether, a company incorporated in the British Virgin Islands. USDC is issued by Circle, a money services business. Neither is a nationally chartered bank. Neither carries FDIC insurance on its reserves. SoFi Bank, N.A. is a nationally chartered bank. SoFiUSD reserves are held as cash for immediate redemption. The FDIC insurance backstop and the national bank charter create a regulatory foundation that distinguishes SoFiUSD from every other major stablecoin currently in circulation. For institutional counterparties and corporate clients evaluating stablecoin settlement risk, that foundation matters in ways that pure technical performance cannot address. The Solana deposit enablement announced earlier this week was the first expression of SoFi’s crypto infrastructure. The Mastercard partnership is the second, and it operates at a fundamentally different scale. The $30 Billion Daily Volume Context ------------------------------------ Stablecoin transaction volume reached approximately $30 billion per day in 2025, according to the announcement. That figure is what prompted Mastercard to accelerate its on-chain settlement capabilities. Payment networks follow volume. When a payment category reaches $30 billion per day and is growing, building infrastructure to capture that volume is not optional for a global network. The daily stablecoin volume figure also contextualizes the competitive pressure on traditional settlement infrastructure. SWIFT processes roughly $5 trillion per day in messages, but much of that is institutional FX and large-value transfers. For the consumer and SME payment categories where stablecoins are increasingly active, $30 billion per day represents meaningful market share that is bypassing traditional rails entirely. ### MARA Holdings Just Ended Its HODL Policy –  53,822 BTC Can Now Be Sold Mastercard connecting SoFiUSD to its network is partly a defensive move, keeping that settlement volume within infrastructure Mastercard can monetize, and partly an offensive one, positioning the network as the bridge between traditional card payments and on-chain settlement. The Use Cases ------------- Cross-border remittances are the first-order use case. A SoFi cardholder sending money internationally currently pays fees and waits days for settlement through correspondent banks. SoFiUSD settlement on Mastercard’s network collapses that to near-instant at any hour. B2B transfers are the higher-value use case. Large businesses settling invoices between each other currently face the same correspondent banking friction at much larger dollar values. Programmable treasury, where automated fund flows execute based on contract conditions rather than manual initiation, is the longer-term ambition that requires both the stablecoin infrastructure and corporate adoption of smart contract-based treasury management. SoFiUSD launched in December 2025. The Mastercard partnership is the first major distribution announcement for the product. Whether the use cases beyond SoFi’s own card settlement materialize depends on Galileo client adoption and corporate treasury appetite for on-chain settlement, both of which are early-stage at this point.
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CryptoFrontNews

CryptoFrontNews

04-22 15:37
* SoFi now supports XRP deposits alongside major assets, integrating it into a regulated OCC-backed banking platform. * Users can manage multiple cryptocurrencies in one app, though withdrawals to external wallets remain restricted. * Institutional interest in XRPL rises, with tokenized value growth and engagement from major financial firms. SoFi Technologies confirmed on April 21 that it now supports XRP deposits, expanding crypto access for U.S. retail users. The update places XRP within a nationally chartered bank platform regulated by the OCC. The move allows users to deposit XRP alongside bitcoin, ethereum, and solana, integrating the asset into a regulated financial environment. **Crypto Deposit Options Expand Across Networks** ------------------------------------------------- Notably, SoFi said users can now deposit 12 cryptocurrencies into its crypto accounts. These include bitcoin, ethereum, USD Coin, chainlink, and XRP. The platform supports transfers across major blockchain networks, including Bitcoin, Ethereum, Solana, and the XRP Ledger. However, the company maintains restrictions on withdrawals to external wallets. Users can still manage holdings within a single application, covering trading and portfolio tracking. Additionally, SoFi offers trading access to 27 cryptocurrencies, including dogecoin, cardano, avalanche, and stellar. This broader support shows a multi-asset approach within one retail-focused platform. Meanwhile, SoFi highlighted portfolio management as a central feature tied to its crypto infrastructure. **Ripple Notes Access as Adoption Grows** ----------------------------------------- Ripple acknowledged the update on April 21, linking it to wider participation in digital asset markets. The firm stated that increased access allows more users to engage with XRP. This aligns with ongoing efforts to expand availability through financial platforms. At the same time, reactions among users remain mixed. Some questioned whether deposits represent direct ownership, citing reliance on the institution. Others pointed to growing adoption as a sign of demand for XRP access. **Institutional Activity Builds Around XRPL** --------------------------------------------- Separately, institutional interest in the XRP Ledger continues to rise. During the Digital Assets Forum 2026 in London, Odelia Torteman confirmed engagement from major firms. These include BlackRock, Mastercard, and Franklin Templeton. Data shows tokenized value on the network reached about $2.5 billion, up from $1.5 billion. Growth followed a sharp increase in real-world asset activity. XRPL also processes transactions within seconds at low cost, supporting its use in payments and settlement.
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