Working At SoFi

Social Finance, or SoFi as they are known to millions, is a San Francisco based finance company that makes money simple. SoFi creates modern financial products and offers financial services that help people borrow, save, spend, invest, and protect their money as efficiently as possible. Their overall goal is to help people find complete financial independence.

SoFi CEO Anthony Noto, said, "From being at the forefront of student loan refinancing to employing the latest technology in our products, we are always working on new ways to bring our nearly one million members more opportunities to achieve their goals--no matter where they are in their financial journey."

Diving Into the Values at Social Finance

Value Driven

SoFi is very much a values-driven company. They say that their values define them. They have a thorough list of values that aren't just about what they do as a company, but how they do it. Those values are:

  • Members First: Members' interests always come first. In the long run, it will best serve the company's
  • Run After Problems: Building a culture where people extinguish fires early and don't let things fall through the cracks
  • Embrace Diversity: Everyone should and will feel welcome at SoFi. SoFi's team reflects society and they celebrate diversity
  • Get to the Truth: Make principle-based decisions.
  • Make Your Footprint Bigger Than Your Foot: SoFi says that selfless acts are critical to elevating beyond the impact of individual efforts
  • Do the Right Thing: If you aren't sure what the right thing is, do the harder thing
  • Be Gritty, Be Accountable: Set ambitious goals and hold yourself accountable for reaching them
  • Help People Grow: Take care of others. If you take care of them, they will take care of you
  • Iterate, Learn, Innovate: Every person in the company is responsible for innovation. SoFi embraces data-driven decisions
  • Be SoFi Missionaries: Be proud of the work you do, because it is work worth being proud of
  • Don't Forget to Smile: SoFi's ambition is contagious
  • Breanna Zumbrunnen, an Office Coordinator, said, "SoFi prioritizes its employees and its members. They also allow me to think outside of the box--which has helped me develop into a better individual both in my professional and personal life."

    The Culture at Social Finance

    A People Culture

    The culture at SoFi is built on collaboration and transparency, and on the company's set of values. One way the company encourages innovation and collaboration is through several company-wide meetings a month. These meetings keep employees informed and allows them a platform to speak up.

    SoFi employee Taylor Clark said, "SoFi is a dream come true -- working on innovative products across teams to help real people realize financial independence, being a part of the One SoFi culture, and having a passionate and engaged leadership team makes coming to work every day easy."

    It is also a place that people come to work to do work that helps people, betters their lives. Joy Gamble, a Mortgage Loan Originator, said, "SoFi gives me the opportunity to have a positive impact on people's lives. They also care about their members and their staff, and work hard to provide the best experience for both."

    The Office at Social Finance

    SoFi offices are open, collaborative spaces that are designed to get the best out of its employees. The HQ is located in the heart of San Francisco, and comes with all the amazing perks there are to be had when being located in such a culturally diverse place. But the company has locations all over the states, to be able to expand its customer reach as far as possible to align with their goals. The other office locations are:

  • Healdsburg, CA
  • Claymont, DE
  • Jacksonville, FL
  • Helena, MT
  • New York City
  • Dallas, TX
  • Cottonwood Heights, UT
  • Murray, UT
  • Reston, VA
  • Seattle, WA
  • The Benefits at Social Finance

    Benefits at SoFi are SoGood

    SoFi is a company that takes care of people. It starts with its customers but it extends into its employees. And SoFi takes care of its employees very well. A few things right off the bat that SoFi offers employees in the benefits realm are:

  • Competitive salary packages
  • Bonuses
  • Comprehensive medical, dental, vision and life insurance
  • Disability benefits
  • Generous vacation and holidays
  • 401k
  • Education on retirement planning
  • Up to $5,250 of tuition reimbursement a year
  • $200 per month toward paying off your student loans
  • A SoFi employee said, "Making the move to Sofi has been one of the best career decisions I have made. It's refreshing to work for a company that is truly invested in helping people achieve financial wellness. The energy and excitement here is fantastic."

    And that's just the tip of the iceberg. The company offers several wellness benefits, such as subsidized gym memberships, fertility programs, flexible time off, and family planning options. There are tons of chances to learn and grow at SoFi, as they offer all sorts of educational programs, in-depth training, leadership development programs, and mentorships.

    Doug Remington, a Wealth Strategy Associate, said, "SoFi's a great place to learn, grow, and apply your strengths. The team has a member focus in how we build products and works at an exciting pace to iterate daily."

    Industry

    Finance

    Revenue

    $547.0M

    Employees

    900

    Founded in

    2011

    Headquarters

    San Francisco, CA

    Website

    sofi.com

    Organization Type

    Private

    Is This Your Company?

    The team at Social Finance

    Key People
    • Peggy Alford (Director)
    • Robert Lavet (Executive Officer)
    • Michelle Gill (Executive Officer)
    • Magdalena Yesil (Director)
    • Ali Hammadi (Director)
    • Tom Hutton (Director)
    • Anthony Noto (CEO)
    • Robert Joss (Director)
    • Mike Bingle (Director)
    • Joe Chen (Director)
    • Steven Freiberg (Director)
    • Alok Sama (Director)
    • David Bonanno (Director)
    • Pete Hartigan (Director)

    The Culture At Social Finance

    Information provided by the company
    At SoFi, you'll become part of a new kind of finance company whose ambition is to help our members achieve financial independence and reach their goals. We aim to be at the center of our members' financial lives, and to help every member get their money right.
    Show More
    At SoFi, you'll become part of a new kind of finance company whose ambition is to help our members achieve financial independence and reach their goals. We aim to be at the center of our members' financial lives, and to help every member get their money right. As a company, we do this through setting ambitious goals, tackling the hard problems and innovating to dissolve boundaries between financial offerings always with the best interest of our members in mind.
    Show More
    At SoFi, you'll become part of a new kind of finance company based around speed, transparency, and alignment with our members' interests. Our goal is to be at the center of our members' financial lives.
    SoFi Money-a modern take on a checking or savings account--is our newest innovation and disruption to the financial services industry. SoFi has achieved significant growth, with ambitious plans ahead, but to continue this growth we need great talent.
    Show More
    We're looking for someone who is driven, passionate, and forward-thinking to join our team-and excited to come to work every day to help people get their money right.

    What do people say about Social Finance

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    Social Finance Rankings

    Social Finance is ranked #59 on the Best Finance Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

    Read more about how we rank companies.

    Social Finance Salaries

    How much does Social Finance pay?
    The national average salary for a Social Finance employee in the United States is $79,218 per year. Employees in the top 10 percent can make over $136,000 per year, while employees at the bottom 10 percent earn less than $45,000 per year.
    9.6
    Salary Score
    Average Employee Earnings

    Social Finance Salaries By Job Title

    The average employee at Social Finance earns a yearly salary of $79,218 per year, but different jobs can earn drastically different salaries. The higher paying positions at Social Finance include Vice President Of Communication, Director Of Analytics, Senior Software Engineer, and Management Consultant. A worker with the title Vice President Of Communication salary at Social Finance can earn an average yearly salary of $138,116. Some of the other roles at Social Finance are Cashier and Receptionist. A worker with the title Cashier at Social Finance earns an average salary of $23,304 per year.

    Social Finance careers

    On average, employees at Social Finance stay with the company for 1.6 years. Employees most commonly join Social Finance after leaving Wells Fargo. When they leave Social Finance, they most frequently get their next job at Grant Thornton.

    Average Length of Employment
    OnDeck1.7 years

    Social Finance

    1.6 years
    LendingClub1.3 years
    Top Employers Before Social Finance
    Show More
    Top Employers After Social Finance
    PLS6.1 %
    Cintas6.1 %
    Show More
    00

    Do you Work At Social Finance?

    Help us make this company more transparent.

    0

    Social Finance Financial Performance

    9.9
    Performance Score
    We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

    Revenue

    $100M - $1B

    Founded in

    2011

    Organization type

    Private

    Social Finance Financing Rounds

    DateAmountSecurity Type
    Jun 11, 2019Equity
    Jun 11, 2019
    $1,000,000,000
    $1,000,000,000
    Equity
    Equity
    Mar 21, 2017Equity
    Mar 21, 2017
    $49,900,000
    $49,900,000
    Equity
    Equity
    Sep 8, 2016Equity
    Sep 8, 2016
    $766,970
    $766,970
    Equity
    Equity
    Oct 13, 2015Equity
    Oct 13, 2015
    $1,000,000,000
    $1,000,000,000
    Equity
    Equity
    Feb 13, 2015Equity
    Feb 13, 2015
    $231,558,061
    $231,558,061
    Equity
    Equity
    Aug 5, 2014Other
    Aug 5, 2014
    $50,000,000
    $50,000,000
    Other
    Other
    Apr 30, 2014Debt
    Apr 30, 2014
    $50,000,000
    $50,000,000
    Debt
    Debt
    Apr 8, 2014Equity
    Apr 8, 2014
    $79,994,920
    $79,994,920
    Equity
    Equity
    Oct 12, 2011Debt
    Oct 12, 2011
    $10,000,000
    $10,000,000
    Debt
    Debt

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    Social Finance Competitors

    Competitors of Social Finance include Credit Karma, Wealthfront, and Ten-X. The wages at Credit Karma average higher than the other similar companies, where the median salary is $111,161 per year. The salaries at Wealthfront average $105,801 per year, and the salaries at Ten-X come in at $104,023 per year.
    Company
    Average Salary
    $104,023
    $104k
    $71,740
    $72k

    Frequently Asked Questions about Social Finance

    When was Social Finance founded?

    Social Finance was founded in 2011.

    How many Employees does Social Finance have?

    Social Finance has 900 employees.

    How much money does Social Finance make?

    Social Finance generates $547.0M in revenue.

    What industry is Social Finance in?

    Social Finance is in the finance industry.

    What type of company is Social Finance?

    Social Finance is a private company.

    Who are Social Finance's competitors?

    Social Finance competitors include OnDeck, LendingClub, Prosper Marketplace, Snap Advances, Ethos Lending, MoneyLion, Sentient Jet, Ten-X, First Bancorp /nc/, Wealthfront, Credit Karma, Good Life Networks, WASTEZERO, LoanTek, Sugar Shack Donuts, ENVIRONMENTAL GROUP, Ftrans, Fundation Group, COCC, QUALITY ASSURED SERV.

    Who works at Social Finance?

    Peggy Alford (Director)

    Robert Lavet (Executive Officer)

    Michelle Gill (Executive Officer)

    Show More

    Where is Social Finance's headquarters?

    Social Finance's headquarters is in San Francisco, CA.

    Are you an executive, HR leader, or brand manager at Social Finance?

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    You can find out what it is like to work at Social Finance, also known as SOCIAL FINANCE INC, SoFi, Social Finance Inc and Social Finance, Inc..

    Zippia gives an in-depth look into the details of Social Finance, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Social Finance. The employee data is based on information from people who have self-reported their past or current employments at Social Finance. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Social Finance and its employees or that of Zippia.