SoFi reported strong growth in cross-selling, with existing members accounting for 51% of new products in Q2, up from 35% a year earlier. The company added a record 1.1 million members and 2.2 million products, increasing products per member to 1.54. SoFi is integrating AI to move beyond financial advice toward automated actions like subscription management. Loan originations hit a record $14.8 billion, and SoFi raised its revenue forecast to $4.75-$4.85 billion for the year, while maintaining profit guidance as it reinvests in growth. This strategy aims to deepen customer engagement and expand SoFi's financial ecosystem.
SoFi Technologies reported strong Q2 results with 41% year-over-year revenue growth and record loan originations, driving optimism for future earnings growth. Despite concerns over slowing member growth, increased product adoption per member is impro...
SoFi Technologies reported Q2 2026 revenue of $1.20 billion and adjusted EPS of $0.12, both surpassing Wall Street expectations. The company grew its member base by 35% to 15.8 million and expanded total products by 42%, highlighting strong customer ...
As of July 28, 2026, high-yield savings accounts are offering competitive rates up to 4.50% APY, reflecting the Federal Reserve's decision to hold interest rates steady. This rate stability benefits savers by providing a reliable return on cash held ...
This week, U.S. markets focus on the Federal Reserve's July meeting, key inflation data like Core PCE, and second-quarter GDP figures, alongside major tech earnings from Microsoft, Meta, Apple, and Amazon. Rising oil prices and geopolitical tensions ...
