SoFi Technologies has acquired the assets of PrimaryBid, a UK-based fintech that enables retail investors to participate in global capital markets. PrimaryBid, known for aggregating retail orders into single blocks, gained prominence during the COVID-19 pandemic but faced challenges due to a slump in London IPOs. The acquisition ends PrimaryBid's independent status and integrates its technology into SoFi's platform, enhancing SoFi's ability to offer inclusive equity programs in the U.S. This move follows their existing partnership and aligns with SoFi's strategy to deepen member engagement through multi-product financial services.
SoFi Technologies has declined about 30% year-to-date after two disappointing earnings reports in 2026, underperforming both the fintech sector and the broader market. Investors are looking to the Q2 earnings announcement on July 29 for signs of reco...
With the Federal Reserve expected to keep interest rates steady, high-yield savings accounts are offering attractive returns up to 4.50% APY in mid-2026. Online banks continue to compete aggressively, keeping rates well above the national average of ...
In 2026, high-yield savings accounts (HYSAs) are offering attractive interest rates up to 4.50% APY, far above the national average of around 0.38%. Despite recent Federal Reserve rate cuts and holds, many online banks maintain competitive rates to a...
Three high-yield savings accounts—SoFi, Synchrony Bank, and Barclays—stand out for offering strong APYs without minimum balance requirements. SoFi offers up to 3.80% APY with perks like early paycheck access and bonuses up to $400, ideal for those wi...
