SoFi Blog

Tips and news—
for your financial moves.

Automated SEM LP



Automated Investing

Hands-off investing

that’s always on.

You don’t have to follow the market to master it. With automated investing we’ll build and manage a portfolio for you with no SoFi management fee.


Invest now

It’s easier than ever to put your

money on a mission.

We take the stress out of investing by helping you with the hard part:

goal setting, rebalancing, and diversifying your money.

Goal planning

Whether you’re saving for retirement, a down payment, or just investing for later, we’ll help you make a plan to tackle multiple goals.

Auto rebalancing

We’ll rebalance your investments, which means adjusting your stock and bond funds on a quarterly basis, so your money is always invested how you want it to be.

Diversification*

Risk is real. That’s why we’ll diversify your portfolio so that your money is allocated across different kinds of financial investments.

*Diversification can help reduce some investment risk. However, it cannot guarantee profit nor fully protect in a down market

The right way to invest? It’s up to you.

Everyone has different goals when it comes to their life, their money, and their investment plans.

Click below to explore some common financial goals and example investment strategies to achieve them.

Take the trip of a lifetime


Buy a home


Pay for a wedding


Retire early


Save for kids’ education

Time is your

best friend.

Compound interest is basically “interest on interest” and it’s how your money can make money. Time is the magic ingredient—which is why the earlier you start investing your money, the better. That way you can ride the ups and down of the market over time towards your goals.

We’re here

if you need it.

Investing with SoFi gets you access to member benefits like rate discounts on other SoFi products, exclusive events and experiences, as well as access to financial advisors to discuss big picture financial goals one-on-one—all at no additional cost.

Get started with

no minimums.

Investing is for anyone that can afford to do it—which is why you can start with as little as $1. Make a one-time investment today, or set-up a recurring payment if that works better for you.


Invest now

Please review the Customer Relationship Summary (ADV Part 3) which contains important information about the product, services, fees, and conflicts of interests of SoFi Wealth LLC.


FAQs



What is automated investing?


Automated Investing uses computer algorithms to provide financial guidance and portfolio management for investors. For more information on the idea of Automated Investing, read our Automated Investing 101 Guide.



Is auto investing the same as Robo investing


These terms are often used interchangeably. Robo Advisors use the same idea of algorithmic based investing and financial advice for clients, as opposed to humans or self driven research and wealth management.



Is automated investing a good idea?


Using an Automated Investing platform has several perks, particularly affordability, convenience, and the avoidance of potential human errors. This type of investment strategy allows clients to use a “hands off” approach, which many people may prefer over the time consuming research and management required for active trading.



How does auto investing with SoFi work?

SoFi aims to understand your investment goals from the start, and then automates the
investing needed to get there. We invest in a wide array of assets to reduce risk.

SoFi Invest provides you complimentary access to our financial advisors. When the
markets fluctuate and change, we will handle the rebalancing needed to maintain the
strongest portfolio.





How do you start auto investing with little money?


SoFi Invest requires no minimum investment to get started. We offer investing services to users of all
levels



Can I choose which companies to invest in?


Automated Investing is tailored to be as hands off as possible. Portfolios are built around your
investments goals, so the need to research and choose your own investments is unnecessary. If you are
interested in a more hands on approach, check out Active Investing.


See more FAQs

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Invest SEM LP


SoFi Invest

All-in-one investing.
Including crypto.

Trade stocks, ETFs, crypto, and participate in upcoming IPOs at IPO prices—or start automated investing.


Open an account


Go to IPO investing


Open an account


Go to IPO investing

{/*

SoFi Invest

New! All-in-one
investing.
Now with IPOs.*

Invest in IPOs before public trading begins, trade stocks, ETFs, and crypto—or start automated investing.


Invest Now


Invest Now


*/}

Download the app and get up to

$1,000 when you open an account.

**No purchase necessary. Probability of customer receiving $1,000 is 0.028%. See full terms and conditions.

Download Now. Scan this code with your phone’s camera.

Invest your way—

no matter your experience level.

Choose how.

Do it yourself by choosing stocks, ETFs, and crypto, or let us build a portfolio for you with automated investing.

Avoid high costs.

Get started with as little as $51—and trade stocks and ETFs with no commissions.

Invest in what you know.

Fractional shares let you invest in your favorite companies without committing to a whole share.

Diversify early.

We make it easy to spread your money out across stocks, ETFs, crypto, and fractional shares.1


Please review the Customer Relationship Summary (Form CRS) which contains important information about the product, services, fees, and conflicts of interests of SoFi Securities LLC.

You may also learn more about SoFi Securities LLC and its Representatives on FINRA’s BrokerCheck.

FAQs


How can I trade stocks with a commission?

Many brokerages charge trading fees to use their platforms. SoFi Invest offers online stock trading with no commissions so you can trade what you want, when you want—all from the SoFi App.


What should a beginner invest in?

SoFi ETFs are designed specifically for new ambitious investors with long-term goals in mind. Unlike other traditional ETFs, SoFi ETFs weigh companies by growth—not just market capitalization.


Exchange Traded Funds (ETFs): Investors should carefully consider the information contained in the prospectus, which contains the Fund’s investment objectives, risks, charges, expenses, and other relevant information. You may obtain a prospectus from the Fund company’s website or by email customer service at [email protected]. Please read the prospectus carefully prior to investing.


Shares of ETFs must be bought and sold at market price, which can vary significantly from the Fund’s net asset value (NAV). Investment returns are subject to market volatility and shares may be worth more or less their original value when redeemed. The diversification of an ETF will not protect against loss. An ETF may not achieve its stated investment objective. Rebalancing and other activities within the fund may be subject to tax consequences.



How do I open a SoFi Invest Account?

Go to SoFi Invest Home in the mobile app, tap Get Started, select Start Investing under active investing account. There you’ll find step-by-step instructions on how to get started. Or if you prefer desktop, head here.


Am I able to buy a part of a share rather than a whole?

Yes! You can purchase fractional shares for some stocks. We maintain a list of securities available for fractional trading in our fractional shares collection. All of these securities will appear on our “Fractional Collection” page within the Discovery section of the app.


Can I buy my own stocks?

Yes—SoFi Active Investing allows users to buy and sell stocks and ETFs of their own choosing! For a more hands off investing approach, you can also select SoFi Automated Investing.


Is there an account minimum to start investing?

Nope—with SoFi you can get started investing with as little as $5.


See more FAQs


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SoFi Adds Another First to Its ETF Roster With Launch of SoFi Weekly Dividend ETF (WKLY)

WKLY focuses on exposure to the most consistent dividend paying companies in the world; Joins TGIF in providing shareholders with weekly distributions

SAN FRANCISCO – May 11, 2021 – SoFi today announced the launch of the SoFi Weekly Dividend ETF (NYSE: WKLY), the first equity ETF designed to provide a weekly dividend payment to shareholders. WKLY joins a SoFi ETF family that also includes the SoFi Weekly Income ETF (NYSE: TGIF), which launched in 2020 and was the first fixed income ETF to offer a weekly distribution to fund shareholders.*

WKLY seeks to track the performance of the SoFi Sustainable Dividend Index, which is made up of large- and mid-cap companies in both the U.S. and developed international markets that meet a robust set of sustainable dividend filters. Securities selected for the index have maintained their dividend payments over the last 12 months, been forecasted to continue to pay over the next 12 months, and met a number of additional screens designed to remove companies at risk of reducing their dividend payouts. The fund plans to distribute income from its investments to shareholders every Thursday.

“‘Pay yourself first’ is one of the oldest adages in investing, and income-generating investments can be some of the most powerful tools in an investor’s arsenal,” said Anthony Noto, CEO of SoFi. “We are very proud to be bringing the innovative weekly distribution approaches of first TGIF and now WKLY to both our members and the broader investing marketplace.”

WKLY is passively managed and has an expense ratio of 0.49%. SoFi has partnered with Tidal ETF Services for the trust, strategy, administrative and operational aspects of the ETFs, and the fund is advised by Toroso Investments.

In addition to WKLY and TGIF, SoFi’s innovative ETF lineup also includes the SoFi Gig Economy ETF (GIGE), the only ETF to provide targeted exposure to the companies driving and benefiting from the growth of the gig economy; the SoFi Social 50 ETF (SFYF), which is made up of the 50 most widely held U.S. listed stocks on the SoFi Invest platform; and the SoFi Select 500 ETF (SFY) and SoFi Next 500 ETF (SFYX), which were launched as the first two zero-fee ETFs on the market and will remain zero fee until at least June 30, 2021.**

All of SoFi’s ETFs are available through SoFi Invest, as well as through any other brokerage account.

###

About SoFi

SoFi helps people achieve financial independence to realize their ambitions. Our products for borrowing, saving, spending, investing and protecting give our over 1.8 million members fast access to tools to get their money right. SoFi membership comes with the key essentials for getting ahead, including career advisors and connection to a thriving community of like-minded, ambitious people. SoFi is also the naming rights partner of SoFi Stadium, home of the Los Angeles Chargers and the Los Angeles Rams. For more information, visit SoFi.com or download our iOS and Android apps.

Contacts

[email protected] 

Disclosures

Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus. A prospectus may be obtained by visiting www.sofi.com/invest/etfs. Please read the prospectus carefully before you invest.

* The Fund intends to pay out dividends and interest income, if any, weekly. There is no guarantee these payouts will be made.

**The Fund’s investment adviser has agreed to waive its Management Fees for SoFi Select 500 ETF and SoFi Next 500 ETF until at least June 30, 2021. Investors buy and sell ETF shares through a brokerage account or an investment adviser like ordinary stocks, brokerage commissions and/or transaction costs or service fees may apply. Please consult your broker or financial advisor for their fee schedule.

There is no guarantee that the Fund’s investment strategy will be successful. Shares may trade at a premium or discount to their NAV in the secondary market, and a fund’s holdings and returns may deviate from those of its index. These variations may be greater when markets are volatile or subject to unusual conditions. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses. The Fund is new and has a limited operating history. You can lose money on your investment in the Fund.

The Fund’s investments will be concentrated in an industry or group of industries to the extent the Index is so concentrated. In such event, the value of Shares may rise and fall more than the value of shares that invest in securities of companies in a broader range of industries.

There is no guarantee that issuers of the securities held by the Fund will declare dividends in the future or that, if declared, they will either remain at current levels or increase over time.

Investments in securities or other instruments of non-U.S. issuers involve certain risks not involved in domestic investments and may experience more rapid and extreme changes in value than investments in securities of U.S. companies. Financial markets in foreign countries often are not as developed, efficient, or liquid as financial markets in the United States, and therefore, the prices of non-U.S. securities and instruments can be more volatile. In addition, the Fund will be subject to risks associated with adverse political and economic developments in foreign countries, which may include the imposition of economic sanctions. Generally, there is less readily available and reliable information about non-U.S. issuers due to less rigorous disclosure or accounting standards and regulatory practices.

SoFi ETFs are distributed by Foreside Fund Services, LLC.

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MORNING May 8, 2021 Twitter Crypto SWEEPSTAKES

MORNING May 8, 2021 Twitter Crypto SWEEPSTAKES

NO PURCHASE OR PAYMENT NECESSARY TO ENTER OR WIN.

A PURCHASE WILL NOT IMPROVE YOUR CHANCE OF WINNING.

ENTRY INTO THIS SWEEPSTAKES CONSTITUTES YOUR ACCEPTANCE OF THESE OFFICIAL RULES (“RULES”). SWEEPSTAKES IS GOVERNED BY U.S. LAW AND IS SUBJECT TO ALL FEDERAL, STATE AND LOCAL LAWS, REGULATIONS, AND ORDINANCES.

Social Financial Inc. (referred to hereafter also as “Sponsor” or “SoFi”) is solely responsible for all aspects of the May 8, 2021 Twitter Crypto Sweepstakes (the “Sweepstakes”).

ENTRY PERIOD: Sweepstakes begins at 8:00:00 AM Pacific Time (“PT”) on May 8, 2021 and ends at 12:59:59 PM Pacific Time (“PT”) on May 8, 2021 (“Entry Period”). All entries must be received by 12:59:59 PM Pacific Time (“PT”) on May 8, 2021.

ELIGIBILITY: To be eligible for this Sweepstakes, at the time of entry you must be: [1] a U.S. citizen or lawful permanent resident; [2] physically located within, one of the allowed 48 United States or the District of Columbia (HI and WV excluded); [3] 18 years of age or older; [4] a registered user of Twitter and its terms of use agreement; [5] not an employee of Sponsor or of its parent, subsidiary, affiliated or successor companies; the advertising, promotional or fulfillment agencies involved in this Sweepstakes (individually and collectively, “Sweepstakes Entities”); nor members of their households or immediate families and [6] willing to have your entry featured and/or published on social media or otherwise distributed, in connection with, or to promote, the Sweepstakes. “Household members” shall mean people who share the same residence at least three months a year. “Immediate family members” shall mean parents, step-parents, children, stepchildren, siblings, step-siblings, or spouses.

HOW TO ENTER: Entry Method #1: To enter via Twitter, visit https://www.Twitter.com/SoFi (Sponsor’s Twitter page) and follow all onscreen instructions to enter the Sweepstakes (“Twitter Entry”) including: “comment” on the Sweepstakes post (comments will not be judged), “retweet” the Sweepstakes post, and “follow” the Sponsor’s Twitter page

By entering the Sweepstakes, you are agreeing to the Rules. All entries submitted in accordance with these Rules shall be hereinafter referred to as “Eligible Entries” and all such entries become the property of Sponsor and will not be acknowledged or returned. Any Twitter Account will be referred to hereafter as “Account.”
If your Account is set to “protected or private mode,” your updates/responses will not be visible to the Sponsor and, therefore, will not be received by the Sponsor, resulting in your failure to enter the Sweepstakes.

All Entries must be received during the Entry Period. Limit of one (1) Entry per person per Account per day (regardless of whether one person has more than one Account or more than one person use the same Account).

Entry or Entries must be posted by the Account holder and not a retweet or repost of other entrant’s work. Entrants retain ownership of the Entries they submit, however, by submitting an Entry, each Entrant, on behalf of him/herself grants Sweepstakes Entities and/or their agents, a perpetual, fully-paid, irrevocable, non-exclusive license to publish, reproduce, prepare derivative works of, distribute, display, exhibit, transmit, broadcast, televise, digitize, otherwise use, and permit others to use and perform throughout the world the Entry, in whole or in part, in any manner, form, or format now or hereinafter created, including on the Internet, and for any purpose, including, but not limited to, on Sweepstakes Entities’ websites and/or any other advertising or promotion of Sweepstakes Entities all without further consent from or compensation to any Entrant. By submitting an Entry, you agree that Sponsor has no obligation to post or publish your Entry, that all such postings or publication, if any, will be in Sponsor’s sole discretion and that the posting or publication of an Entry does not have any bearing on whether the Entry will be selected as a winner. Without limiting the generality of the foregoing, Entrant agrees that the Entry may be posted and shared by other others in various social media outlets and the Sweepstakes Entities are not responsible for any unauthorized use of Entries by third parties.

During the Sweepstakes Entry Period you will disclose your relationship with the Sponsor in any online posts you make which reference the #InvestWithSoFi1 hashtag by including the statement “I entered a Sweepstakes sponsored by SoFi” in any such online posts. If your Entry is determined as a winner, you will continue to disclose your relationship with the #InvestWithSoFi2 hashtag in all online posts you make that reference SoFi and/or any of its products or service(s) by including the statement “I received a prize from SoFi” in any such online posts. Entries will not be held “in confidence” and a submission does not create a confidential relationship or obligation of secrecy between you and SoFi or any of its affiliates.

If you do not have a Twitter account, visit https://www.twitter.com and register for free. You must have an electronic device or mobile phone or other wireless that supports the Twitter application. Normal Internet access and data usage charges imposed by your online and cell phone service provider will apply. Please contact your participating mobile service provider for pricing plans, participation status and details.

LIMITATIONS: By submitting an Entry in the Sweepstakes, you represent and warrant to Sponsor that the Entry and everything depicted therein: [1] do not originate from a website unrelated to the Sponsor, magazine, newspaper or other commercial or proprietary source; [2] do not infringe upon or otherwise violate any right of any person, firm or entity; [3] comply with the Rules; [4] do not contain any trademarks, logos, insignia, location signage, photographs, artwork or sculptures or other material (e.g., on props, costumes, background) that would infringe any third party’s copyrights or trademarks; [5] have not previously been submitted in a Sweepstakes or game of chance of any kind or exhibited or displayed publicly through any commercial means; [6] do not contain the likeness or photograph of any person other than you and 7] do not contain material which is (or promotes activities which are) sexually explicit, obscene, pornographic, violent (e.g., relating to murder, the sales of weapons, cruelty, abuse, etc.), discriminatory (based on race, sex, religion, national origin, physical disability, sexual orientation or age), illegal (e.g. underage drinking, substance abuse, computer hacking, etc.), offensive, threatening, profane, harassing, defamatory, libelous, infringing or otherwise objectionable or unlawful as determined by Sponsor in its sole discretion.

You further represent and warrant to Sponsor that: [1] you have all rights, licenses, permissions and consents necessary to submit the Entry in accordance with the Rules; [2] no person or entity other than you has any right, title or interest in and to any part of the Entry ; (3) you are not subject to any agreement or arrangement that would interfere with your entering this Sweepstakes and granting all the rights granted hereunder or that would conflict with any other documentation required hereunder; and [4] no animal or human has been harmed in connection with the Sweepstakes. Sponsor may, in its sole discretion, disqualify any Entry that Sponsor deems to be in violation of these Limitations at any time. In event of a dispute regarding the identity of the person submitting an Entry, the Entry will be deemed to be submitted by the person whose name appears on Account. Entries by any method other than set forth in the “how to enter” section are void. Any use of automated or programmed methods of spamming Entry is prohibited. Neither the Sponsor, nor any of its officers, directors, shareholders, employees, agents, artists or representatives (individually and collectively, “Releasees”) are responsible for Entries from persons residing, or physically located, outside the Territory; or Entries that are altered, contain the images of more than one person, delayed, deleted, destroyed, forged, fraudulent, improperly accessed, inaccurate, incomplete, interrupted, irregular in any way, late, lost, misrouted, multiple, non-delivered, stolen, tampered with, unauthorized, unintelligible or otherwise not in compliance with these Rules; or for any printing, production, technical, electronic or other errors; or for lost, interrupted or unavailable network, server or other connections; miscommunications; failed phone or computer hardware or software or telephone transmissions; technical failures; unauthorized human intervention; traffic congestion; garbled or jumbled transmissions; undeliverable emails resulting from any form of active or passive email filtering; insufficient space in entrant’s email account to receive email; or other errors of any kind, whether due to electronic, mechanical or human error or other causes; even if caused by the negligence of any of the Releasees.

Winners may be required to show proof of being the authorized account holder of the Account associated with the Entry. Any Entrant who attempts to enter with multiple Accounts or under multiple identities will be disqualified. Sponsor is not obligated to communicate with any Entrant during the duration of the Sweepstakes. Void where prohibited or restricted by law. Sweepstakes is subject to all applicable federal, state, local laws and regulations. In the event of a conflict between these Rules and the terms of any social media channel, these Rules will govern.

PRIZES, THEIR CORRESPONDING APPROXIMATE RETAIL VALUES (“ARV”) & ODDS: Each winner will receive: fifty U.S. dollars worth of Bitcoin in SoFi Invest (“ARV”): $50.00 at the time of payout, determined at Sponsor’s sole discretion. Maximum ARV of all 100 prizes: $5,000. If the actual value of the prize is less than the stated ARV, the difference will not be awarded. Any depiction of prizes is for illustrative purposes only. Prizes are not redeemable for cash or transferable except to a surviving spouse residing in the same household. No substitution allowed except at Sponsor’s sole discretion, a prize of equal or greater value may be substituted. Sponsor will not replace any lost or stolen prizes. The prize cannot be used in conjunction with any other promotion or offer. Prize elements may not be separated. Odds of winning depend on number of eligible entries received during the Entry Period.

WINNER SELECTION: Winners will be selected in a random drawing from all Eligible Entries received during the Entry Period. Random drawing will be conducted on or about 5/10/21 by a representative from the Sponsor whose decisions are final.

WINNER NOTIFICATION/VERIFICATION: Potential winners will be notified by a direct message from the Sponsor’s Twitter account to the recipient’s corresponding Account. At the sole discretion of the Sponsor, disqualification, forfeiture and the selection of an alternate winner may result from any of the following: [1] potential winner’s failure to respond to notification within two (2) days after its transmission; [2] the return of an email notification or message as undeliverable; (3) the receipt of any other notice or an undeliverable prize; [4] potential winner’s failure to provide Sponsor with satisfactory proof that he/she is the authorized person of the Account associated with the winning Entry; [5] potential winner’s failure to provide Sponsor with satisfactory proof of age, identity and residency; [6] if applicable, potential winner’s failure to execute and return an Affidavit of Eligibility/Liability/Publicity Release within five (5) days after its deployment or mailing; [7] potential winner’s failure to claim prize within three (3) days after s/he is confirmed a winner; and [8] any other non-compliance with Rules. In the event of prize forfeiture, the Sponsor may, in its sole discretion, award or not award the forfeited prize to an alternate winner.

CONDITIONS: By entering this Sweepstakes as an entrant, you agree, represent and warrant that: [1] you will be bound by the Rules and SoFi’s decisions, which shall be final in all respects; [2] you release and hold harmless the Releasees, Facebook, Instagram and Twitter, from any and all liability for claims, injuries, losses or damages of any kind, including without limitation, death and bodily injury resulting in whole or in part, directly or indirectly, from the Entry, selection or use of a Entry or from the awarding, delivery, acceptance, use, misuse, possession, loss or misdirection of any prize; participation in this Sweepstakes or from any interaction with or downloading of computer Sweepstakes information; [3] the prizes are awarded “AS IS” and WITHOUT WARRANTY OF ANY KIND express or implied (including, without limitation, any implied warranty of merchantability or fitness for a particular purpose); [4] a winner’s acceptance of a prize constitutes the grant to Sponsor and assigns of an unconditional right to use winner’s name, address (city and state only), voice, likeness, photograph, biographical and prize information and/or statements about the promotion for any programming. publicity, advertising and promotional purposes without additional compensation, except where prohibited by law; [5] in the event viruses, bugs, unauthorized human intervention, Acts of God, acts or regulations of any governmental or supra-national authority, war, national emergency, accident, fire, riot, strikes, lock-outs, industrial disputes, acts of terrorism or other matters beyond the Sponsor’s reasonable control, corrupt, prevent or impair the administration, security, fairness or proper play of the Sweepstakes, so that it cannot be conducted as originally planned, except where prohibited by law, Sponsor has the right, in its sole discretion, to modify the Rules or to cancel, modify, terminate or suspend the Sweepstakes; and in such event, to select winners by such method as Sponsor in its sole discretion shall consider equitable; [6] the Releasees are not responsible for typographical or other errors in the offer or administration of the Sweepstakes, including but not limited to: errors in the advertising, Rules, selection and announcement of the winners and distribution of the prizes; [7] any portion of any prize not accepted or used by any winner will be forfeited; [8] the Releasees are not responsible for any inability of any winner to accept or use any prize (or any portion thereof) for any reason; [9) the Sponsor has the right, in its sole discretion, to disqualify any individual it suspects: to be doing any of the following: (a) tampering or attempting to tamper with the entry process or the operation of the Sweepstakes; (b) violating the Rules and/or the Sponsor’s Privacy Policy; (c) violating any other terms, conditions of use and/or general rules or guidelines of any Sweepstakes property or service or (d) acting in an unsportsmanlike or disruptive manner, or with intent to annoy, abuse, threaten or harass any other person; or for any other good cause as determined solely by the Sponsor; and (10) any attempt by any individual to deliberately undermine the legitimate operation of the Sweepstakes is a violation of these Rules as well as criminal and civil laws; and should Sponsor believe or become aware that such an attempt has been, is being, or will be made, it has the right to seek remedies and damages from any responsible individuals to the fullest extent permitted by law, including without limitation criminal prosecution.

ARBITRATION: This Sweepstakes shall be governed by and interpreted under the laws of the State of California, U.S.A., without regard to its conflicts of laws provisions. Entrant hereby agrees that any and all disputes, claims, causes of action, or controversies (“Claims”) arising out of or in connection with this Sweepstakes shall be resolved, upon the election by Entrant or Sponsor, by arbitration pursuant to this provision and the code of procedures of either the National Arbitration Forum (“NAF”) or the American Arbitration Association (“AAA”), as selected by the Entrant. IF ARBITRATION IS CHOSEN BY ANY PARTY WITH RESPECT TO A CLAIM, NEITHER PARTY WILL HAVE THE RIGHT TO LITIGATE THAT CLAIM IN COURT OR HAVE A JURY TRIAL ON THAT CLAIM. FURTHER, NEITHER SPONSOR NOR ENTRANT WILL HAVE THE RIGHT TO PARTICIPATE IN A REPRESENTATIVE CAPACITY ON BEHALF OF THE GENERAL PUBLIC OR OTHER PERSONS SIMILARLY SITUATED, OR AS A MEMBER OF ANY CLASS OF CLAIMANTS PERTAINING TO ANY CLAIM SUBJECT TO ARBITRATION. EXCEPT AS SET FORTH BELOW, THE ARBITRATOR’S DECISION WILL BE FINAL AND BINDING. NOTE THAT OTHER RIGHTS THAT ENTRANT WOULD HAVE IF ENTRANT WENT TO COURT ALSO MAY NOT BE AVAILABLE IN ARBITRATION. ANY CLAIMS, JUDGMENTS AND/OR AWARDS SHALL BE LIMITED TO ACTUAL OUT-OF-POCKET COSTS ASSOCIATED WITH ENTERING THIS SWEEPSTAKES. ENTRANT HEREBY WAIVES ANY RIGHTS OR CLAIMS TO ATTORNEY’S FEES, INDIRECT, SPECIAL, PUNITIVE, INCIDENTAL OR CONSEQUENTIAL DAMAGES OF ENTRANT, WHETHER FORESEEABLE OR NOT AND WHETHER BASED ON NEGLIGENCE OR OTHERWISE. The arbitrator’s authority to resolve Claims is limited to Claims between Sponsor and Entrant alone, and the arbitrator’s authority to make awards is limited to awards to Sponsor and Entrant alone. Furthermore, claims brought by either party against the other may not be joined or consolidated in arbitration with Claims brought by or against any third party, unless agreed to in writing by all parties. No arbitration award or decision will have any preclusive effect as to issues or claims in any dispute with anyone who is not a named party to the arbitration. Notwithstanding any other provision in this Agreement and without waiving either party’s right to appeal such decision, should any portion of this provision be deemed invalid or unenforceable, then the entire provision (other than this sentence) shall not apply.

PRIVACY: By entering the Sweepstakes, the information Entrants provide may be sent to promotional partners. Entrants may be contacted by the Sponsor and/or any promotional partners with future promotional offers. Information provided by Entrants to participate in this Sweepstakes is subject to Sponsor’s privacy policy located at www.sofi.com/privacy-policy.

SPONSOR: Social Finance, LLC, 234 1st St, San Francisco, CA 94105.

WINNERS LIST: For names of winners (available after May 15, 2021), send a self-addressed, stamped #10 envelope to: Social Finance, LLC, 234 1st St, San Francisco, CA 94105 by May 15, 2021.

This Sweepstakes is in no way sponsored, endorsed or administered by, or associated with Facebook, Instagram, or Twitter. Any questions, comments or complaints regarding these Sweepstakes must be directed to the Sponsor.

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