SoFi has partnered with Payward, the parent company of Kraken, to integrate banking services with digital asset markets. Payward will list SoFiUSD stablecoin on its trading platform and join SoFi's Exchange Network, enabling 24/7 U.S. dollar transaction clearing and settlement. This collaboration aims to provide seamless access to digital assets and improve liquidity and money movement beyond traditional banking hours. The partnership reflects a broader strategy by SoFi to offer flexible financial technology solutions to banks and platforms, enhancing how customers manage money and access financial products.
SoFi Technologies expanded its total membership to 14.7 million and saw existing members open 51% of all new products, indicating strong cross-buy activity. The company increased low-cost deposits by $5.3 billion in the last quarter, maintaining a so...
SoFi's stock has fallen nearly 40% in 2026 even as the company beats earnings and revenue forecasts and adds members rapidly. Analysts see potential for a 27% price increase in 2027, driven by strong EPS growth, record lending, and new products like ...
Following the Federal Reserve's recent rate increase, many banks have raised their high-yield savings account (HYSA) rates, with top offers reaching up to 5.00% APY. This presents a valuable opportunity for savers to earn significantly more interest ...
