SoFi’s International Expansion Begins Today
We are thrilled to announce today our first expansion into the international market, with the upcoming availability of SoFi Invest in Hong Kong.
Obviously, we put a lot of thought into where we chose to go with our first international foothold, and Hong Kong made sense to us for several reasons. As one of the financial capitals of Asia and a global financial center, it has a strong base of both novice and sophisticated investors that would benefit from the innovation we could bring to the market.
To that end, in Hong Kong, SoFi Invest will be the only comprehensive investing platform that offers access to brokerage, automated investing, and ETFs, all within the SoFi app ecosystem, complete with commission-free trading. The SoFi Invest platform will offer a first-of-its-kind simple mobile experience accompanied by financial advice and education.
This expansion into Hong Kong is made possible by acquisition of the parent of Hong Kong-based online brokerage firm 8 Securities. We will continue to serve existing 8 Securities customers, as well as expand to an ever-growing member base.
As prudent investment choices are a critical component of achieving financial independence, we’re so incredibly excited to bring to Hong Kong our mission to help our members get their money right through SoFi Invest. Welcome to the SoFi family!
SoFi Lending Corp. or an affiliate CFL# 6054612, NMLS #1121636 (www.nmlsconsumeraccess.org). Advisory services are offered through SoFi Wealth, LLC an SEC-registered Investment adviser. Brokerage products and SoFi Money® are offered through SoFi Securities LLC, member FINRA /SIPC .
Neither SoFi nor its affiliates is a bank.
©2020 Social Finance, Inc.