SoFi Technologies

New Capabilities

Parent company of SoFi Bank, driving the stablecoin settlement rollout

SoFi Bank is moving its debit and credit card program to stablecoin settlement on Mastercard's network. The program is projected at more than $25 billion in annualized volume and settles in SoFiUSD, a token the bank itself issues. It's the first nationally chartered bank to put stablecoin settlement live on a major card network, though the migration is still in progress.

Updated Sep 24

Rule Changes

Matching $1,000 for employees' children

The program launched July 4, 2026, opening for contributions on America's 250th birthday. Treasury deposited $1,000 into 1.4 million eligible accounts, committing $1.4 billion in total; 6 million children are now enrolled.

Updated Jul 7

New Capabilities

Acquired Composer and launched the new platform

For years, automating a trading strategy meant writing code or paying for a hedge fund. On June 23, 2026, SoFi put that capability inside a consumer app, where a user types an investment idea in plain English and lets software run it.

Updated Jun 24