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Sofi BitLicense Receives NYDFS Approval

Sofi BitLicense Receives NYDFS Approval

The New York Department of Financial Services (NYDFS) has approved the SoFi BitLicense, a subsidiary of Social Finance, thereby agreeing and allowing its residents to get involved in digital currency trading.

Sofi Launches Into Cryptocurrency Trading with Sofi Trading

Sofi Launches Into Cryptocurrency Trading with Sofi Trading

The existence and relevance of Bitcoin and other cryptocurrencies have stirred interest from different businesses across various sectors. This is accompanied by the launch of Sofi's exchange platform which offers to make the process of trading more seamless

SoFi Invest Report Reveals Investor Concerns and Optimism Despite Economic Uncertainty

SoFi Invest Report Reveals Investor Concerns and Optimism Despite Economic Uncertainty

SoFi Technologies, Inc., a leading digital personal finance company, released its first SoFi Invest Midyear Investor Report, surveying over 3,400 Americans on their investment sentiment and habits during the first half of 2023.

SoFi Unveils 1% IRA Match to Spur Early Retirement Amid Millennial and Gen Z Aspirations

SoFi Unveils 1% IRA Match to Spur Early Retirement Amid Millennial and Gen Z Aspirations

SoFi announces a 1% IRA match to accelerate members' retirement plans, aligning with Millennials and Gen Z's strong inclination towards early retirement, as revealed in a recent survey. The initiative forms part of SoFi Invest's broader suite of resources aimed at financial independence and long-term financial planning.

Regulator Offers Conditional Approval to SoFi Bank, despite Crypto Asset Activities

Regulator Offers Conditional Approval to SoFi Bank, despite Crypto Asset Activities

American online personal finance company Social Finance has obtained conditional approval from the Office of the Comptroller of the Currency to establish SoFi Bank, National Association.

Senate Banking Committee Democrats caution SoFi about deadlines

Senate Banking Committee Democrats caution SoFi about deadlines

After purchasing Gold Pacific Bancorp, SoFi was awarded the status of bank holding company. Customers of SoFi's national bank may invest a portion of their direct deposits in digital assets without incurring fees. In investor protection documents, SoFi characterized one of the currencies it provides as "a crypto pump-and-dump" The writers seek an answer to these matters by December 8.

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