SoFi - About the company
SoFi is a public company based in San Francisco (United States), founded in 2011 by Daniel Macklin, Ian Brady, James Finnigan and Paul Mayer. It operates as an Online bank offering consumer loans and insurances. SoFi has raised $3.04B in funding from investors like Baseline Ventures, Renren and Qatar Investment Authority. The company has 474 active competitors, including 28 funded and 23 that have exited. Its top competitors include companies like Moneylion, Best Egg and Avant.
Sectors and market segments that SoFi operate in
SoFi serves in the FinTech market segments.The primary business model of SoFi is:Company Details
Online bank offering consumer loans and insurances. It offers multiple loan products including personal loans, student loans, home loans, business loans, and more. It also offers insurance including life insurance, home insurance, and more. It also features an app-based platform for trading stocks, ETFs, crypto, and accessing financial services. The app is available on IOS and Android devices.
- Website
- www.sofi.com/
- Email ID
- *****@sofi.com
- Phone Number
- +1 **********
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2011
Location
San Francisco, United States
Stage
Public
Total Funding
$3.04B in 17 rounds
Latest Funding Round
Investors
Ranked
1st among 474 active competitors
Employee Count
6,757 as on Jun 30, 2026
Exit Details
Public
Legal entities associated with SoFi
SoFi is associated with 7 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Sofi Technologies, Inc. CIN: 1818874 , United States, Active | $1B+ (As on Dec 31, 2025) | - | - | |
SOFI TECHNOLOGIES INC CIN: 593479,3 , United States, Active | May 28, 2021 | $1B+ (As on Dec 31, 2023) | - | - |
Sofi Investments CIN: 44103129637 , Latvia, Active | Oct 04, 2019 | €0 - €1M (As on Dec 31, 2020) | - | - |
GOLDEN PACIFIC BANCORP INC CIN: 1449697 , United States, Active | $1 - $1M (As on Feb 26, 2010) | - | - | |
SOFI CIN: 40103666970 , Latvia, Active | May 03, 2013 | €0 - €1M (As on Dec 31, 2024) | 1 (As on Dec 31, 2023) | - |
SOCIAL FINANCE, INC. CIN: 274620963 , United States, Active | Dec 31, 2010 | - | 125 (As on Dec 31, 2024) | - |
SoFi Lending Corp CIN: 900790926 , United States, Active | Dec 31, 2010 | - | - | - |
SoFi's IPO details
SoFi got listed on Jun 01, 2021.
Click here to take a look at SoFi's IPO in detail
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SoFi's funding and investors
SoFi has raised a total funding of $3.04B over 17 rounds. Its first funding round was on 2011. Its latest funding round was a Post IPO round on Feb 18, 2024 for an undisclosed amount. 1 investor participated in its latest round. SoFi has 77 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of SoFi:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 18, 2024 | Undisclosed | Post IPO | - | - | - | |
Jan 07, 2021 | $370M | Series G | - | - | - | - |
Jun 11, 2019 | $539M | Series G | $4.3B | - | - |
View details of SoFi's funding rounds and investors
SoFi's founders and board of directors
Founder? Claim ProfileThe founders of SoFi are Daniel Macklin, Ian Brady, James Finnigan and Paul Mayer. Anthony Noto is the CEO of SoFi.
Here are the details of SoFi's key team members:
- Daniel Macklin: Former Co-Founder of SoFi. They are also an angel investor in 2 startups.
- Ian Brady: Co-Founder of SoFi and founder of 3 other companies, Eventbrite, Hologram Sciences and AVA.
- James Finnigan: Co-Founder of SoFi.
- Paul Mayer: Founder and Head of Strategy and Operations, SoFi Bank, Vice President Corporate Strategy of SoFi.
- Anthony Noto: CEO of SoFi. They are also an angel investor in 5 startups.Contact Info: 1 email address
View details of SoFi's Founder profiles and Board Members
SoFi's employee count trend
SoFi has 6,757 employees as of Jun 26. Here is SoFi's employee count trend over the years:
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SoFi's Competitors and alternates
Top competitors of SoFi include Moneylion, Best Egg and Avant. Here is the list of Top 10 competitors of SoFi, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SoFi 2011, San Francisco (United States), Public | Online bank offering consumer loans and insurances | $3.04B | 87/100 | |
2nd | Moneylion 2013, Sandy (United States), Acquired | Online platform for instant consumer loans and mobile banking | $268M | 82/100 | |
3rd | Best Egg 2000, Wilmington (United States), Acquired | Online platform for personal loans | $300M | 78/100 | |
4th | Avant 2012, Chicago (United States), Series E | Online platform for consumer loans | $905M | 77/100 | |
5th | Upgrade 2016, San Francisco (United States), Series G | Provider of consumer credit and banking products | $750M | 73/100 | |
6th | Earnest 2013, San Francisco (United States), Acquired | Direct lender for student loan refinancing and personal loans | $107M | 72/100 | |
7th | LendingPoint 2014, Atlanta (United States), Series B | Personal loans provider offering financial solutions with proprietary technology and AI | $325M | 71/100 | |
8th | Oportun 2005, Menlo Park (United States), Public | Online platform for consumer loans | $204M | 68/100 | |
9th | Atlanticus Holdings 1996, Atlanta (United States), Public | Provider of credit cards for individuals and businesses | - | 67/100 | |
10th | OppFi 2009, Chicago (United States), Public | Online marketplace for consumer loans | - | 62/100 |
Looking for more details on SoFi's competitors? Click here to see the top ones
SoFi's Investments and acquisitions
SoFi has made 12 investments in companies including Digital Asset and Casap. SoFi has also acquired 8 companies including Composer and Peach Finance.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jun 23, 2026 | Acquisition | 2020 | Toronto (Canada) | |
Jun 11, 2026 | Investments | 2014 | New York City (United States) | |
May 21, 2026 | Acquisition | 2018 | Oakland (United States) |
See all investments and acquisitions by SoFi
Reports related to SoFi
Here is the latest report on SoFi's sector:
News related to SoFi
Media has covered SoFi for a total of 160 events in the last 1 year, 107 of them have been about company updates and 7 about partnerships.
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Gate US Strengthens US Operations with SoFi Partnership and Introduces Advanced Banking Transfer OptionsCrowdfund Insider•Jul 18, 2026•SoFi, Gate.com
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SoFi Introduces Small Business Loans to Help Members Pursue Their Business AmbitionsGlobal Fintech Series•Jun 30, 2026•SoFi
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SoFi Ventures Into AI Investing With Composer AcquisitionPYMNTS.com•Jun 23, 2026•Composer, SoFi, AIMCo, Ally and 1 other
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Poetic Secures $50 Million Series A to Scale Deterministic AI for Complex Enterprise WorkflowsTipRanks•Jun 11, 2026•First Harmonic, OpenAI, Kleiner Perkins, Founders Fund and 4 others
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Digital Asset raises $355 million to bring Wall Street onchainCoinDesk•Jun 11, 2026•a16zcrypto, Digital Asset, Andreessen Horowitz, Canton and 23 others
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Parkside Investments LLC Trims Stock Holdings in SoFi Technologies, Inc. $SOFIMarketBeat•May 26, 2026•Parkside Investments, SoFi, FedEx
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