SoFi (an abbreviation for Social Finance) was founded in 2011 by Stanford business school students, initially focusing on a new model of student loan refinancing. Since then, it has evolved into a full-service, digital-first financial institution. The company's mission is to help people achieve financial independence to realize their ambitions. After receiving a national bank charter in 2022, SoFi now operates SoFi Bank, N.A., and offers an extensive range of integrated services, including personal loans, mortgages, student loan refinancing, banking (checking and savings accounts), credit cards, investing (stocks, ETFs, and crypto), and insurance.

Founded in

United States