Aug 2011
Social Finance, Inc is founded by Stanford business school students—originally using an alumni-funded lending model to connect recent grads with alumni in their community.
About us
Our number one goal
is helping our members
get their money right.
SoFi’s mission is to help people reach financial
independence to realize their ambitions.
And financial independence doesn’t just mean being rich—it means getting to a point where your money works for the life you want to live.
Everything we do is geared toward helping our members get their money right. We’re constantly innovating and building ways to give our members what they need to make that happen.
Values we live by.
SoFi’s core company values are at the center of everything we do—and truly reflect how we work together, serve our members, and build our products.
The SoFi Story
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May 2012
SoFi introduces Student Loan Refinancing, becoming the first company to refinance federal and private student loans.
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Apr 2013
SoFi expands student loan refinancing borrowing products, with increased flexibility and terms.
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Oct 2014
SoFi launches mortgages.
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2015
SoFi begins offering personal loans and also becomes the first U.S-based fintech company to receive a $1 billion funding round.
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Sept 2016
SoFi announces their SoFi at Work program to offer employee benefits like student loan contributions and refinancing.
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Oct 2017
SoFi announces a student loan refinancing product for medical residents and fellows.
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Mar 2018
Anthony Noto becomes SoFi Chief Executive Officer (CEO).
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Jan 2019
SoFi launches SoFi Money® and SoFi Invest®.
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Jan 2020
SoFi celebrates 1,000,000 members.
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Jun 2021
SoFi becomes a publicly traded company on the Nasdaq Global Market ($SOFI on Nasdaq).
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Jun 2022
SoFi receives federal approval to become a national bank, providing members access to FDIC-insured checking and savings products, helping them protect and realize their financial ambitions.
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May 2023
SoFi launches SoFi Travel, powered by Expedia, to help members save money and earn rewards when booking travel plans.
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Dec 2024
SoFi celebrates the milestone of 10 million members getting their money right with us.
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Feb 2025
SoFi launches SoFi Plus, America’s most rewarding financial membership—all in one app.