SoFi

Online lender and bank with a technology-platform segment

Overview

SoFi Technologies began in student-loan refinancing and now reports Lending, Technology Platform and Financial Services segments, offering personal, student and home loans.[2] Forbes records sales of US$5.1bn and profit of US$577m.[2] The Fortune 500 lists revenue of US$4.8bn for 2025 and classifies it under diversified financials.[4]

SoFi strengths and limitations

Strengths

  • Combines lending, deposits and a technology platform
  • Profitable on Forbes's figures

Limitations

  • Credit risk from its loan book
  • Concentrated in the US market

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