Press Releases

November 10, 2017

SoFi Completes its Largest Consumer Loan Securitization to Date

SoFi announced today the closing of a $727 million issuance of SoFi Consumer Loan Program 2017-6 (“SCLP 2017-6”) notes ... More

November 7, 2017

SoFi Launches “Refi and Relax,” Aimed at Combating Widespread Student Loan Anxiety

A recent SoFi member survey suggests that over a third of millennials have lost sleep over their student loan debt; 15% have sought care from mental health professionals because of student debt anxiety ... More

October 13, 2017

SoFi Completes its Largest Loan Securitization to Date

SoFi announced today the closing of a $776.7 million offering of SoFi Professional Loan Program 2017-E notes ... More

October 11, 2017

SoFi Announces Student Loan Refinancing Product for Medical Residents and Fellows

SoFi announced today the launch of its Medical Resident Student Loan Refinancing product, an extension of its market-leading Student Loan Refinancing offering, specifically targeted for medical residents and fellows ... More

September 15, 2017

SoFi Executive Chairman Tom Hutton Assumes Role of Interim CEO

The SoFi Board of Directors today announced that Executive Chairman Tom Hutton will expand his responsibilities and become interim CEO effective immediately, assuming day-to-day leadership of the company ... More

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In the News

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This One Move Could Save You Almost $3,000 on Some Student Loans
Money - August 13, 2017

It may seem obvious that you should do some basic comparison-shopping before committing to a student loan. A new analysis, ... More

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The 10 Biggest Fintech Companies In America
Forbes - August 8, 2017

Financial technology companies in the U.S. raised $3.5 billion in the first half of 2017, according to KPMG, ... More

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SoFi Hints at IPO, Reports Record Results
Wall Street Journal - August 3, 2017

Social Finance Inc. posted record earnings and loan volume in the second quarter, as the privately held company’s chief ... More

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5 student loan debt mistakes to avoid in your 20s
Business Insider - August 1, 2017

While you're paying off your debt, it's important to steer clear of common pitfalls that could make your life ... More

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I’m a banker and I say let SoFi into the club
American Banker - July 19, 2017

As the president of a small community bank, I feel the need to respond to certain misleading comments that ... More

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How To Find The Best Student Loan Refinancing Options
Forbes - July 15, 2017

Student loan debt now stands at a whopping $1.3 trillion. There are more than 44 million borrowers. And we’re coming ... More

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Peek Inside The Fintech Arms Race Between Banks And Startups
International Business Times - July 2, 2017

Brick-and-mortar banks are in desperate need of a makeover. They know it too ... More

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This Company Is Offering A Month’s Worth of Avocado Toast to Millennials Who Buy a House
Money - June 29, 2017

When it comes to home ownership and avocado toast, one company believes millennials can have it all.Inspired by the ... More

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Save Your Avocado Toast Money: SoFi Has a New Treat for Homebuyers
Fortune - June 29, 2017

SoFi, an online personal finance company geared toward younger moneymakers, is tapping into that fervor with a cheeky ... More

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