SoFi is a financial technology company that offers a range of financial products and services primarily focused on lending and investing. The company's name is derived from "Social Finance," reflecting its aim to provide a social and community-driven approach to personal finance. SoFi provides student loan refinancing, personal loans, mortgages, and wealth management services to its members. Additionally, SoFi offers various benefits like career counseling and networking events to help members enhance their financial well-being. With a strong emphasis on technology and innovation, SoFi aims to simplify financial processes, provide competitive rates, and empower individuals to achieve their financial goals. Below is the list of lookalike companies of SoFi:
Sofi Excellent Customer Reviews Don't just take our word for it that SoFi is a trustworthy bank. SoFi has an excellent Trustpilot rating (4.6 out of 5 with over 6,100 ratings). This rating is competitive with other online-only banks with similar banking account benefits.1 day ago
Who owns SoFi?
SoFi Lending Corp. is a wholly owned subsidiary of Respondent Social Finance, Inc. 3. Respondents have marketed, advertised, offered, and originated a variety of credit products to consumers, including unsecured loans for the purposes of refinancing consumers' student loans.
What is the downside of SoFi?
Cons. Fees for cash deposits: You may pay a fee for making cash deposits at an out-of-network ATM. Limited bank account options: As far as bank account options go, SoFi currently offers an online bank account, but does not offer other types of accounts like money market account or CDs.3 days ago
Is SoFi making money?
SoFi makes money from its Invest platform through the securities it lends to other financial institutions that need to borrow shares for clients looking to short the market or cover short positions. It also earns through the FDIC-insured sweep programs.Jun 29, 2023
We look into multiple data points: CPP ads data, company description, company employee experience and skills. We also use AI to summarize and extract keywords from the home page of SoFi and compare that with other companies.
Similarity score
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