What bank owns SoFi? Is SoFi a USA bank?

American online bank and personal finance company SoFi Technologies. SoFi, a financial services company based in San Francisco, offers a variety of financial services via desktop and mobile apps, including student and vehicle loan refinancing, mortgages, personal loans, credit cards, investing, and banking.

Four Stanford Graduate School of Management students, Mike Cagney, Dan Macklin, James Finnigan, and Ian Brady, collectively known as SoFi, started the company in the summer of 2011. SoFi’s creators aimed to give people taking on debt to pay for their education more inexpensive options. The company’s first lending program was a test run at Stanford, where 40 alumni lent about $2 million to roughly 100 students, averaging $20,000 per borrower.

What bank owns SoFi?

Respondent Social Finance owns SoFi Lending Corp. in its whole. In February 2022, SoFi Bank, a division of SoFi Technologies, Inc., introduced its first item: a web-based checking and savings account dubbed the SoFi Checking and Savings Account.

Is SoFi a USA bank?

An American online bank and personal financial company with the name of SoFi.