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SoFi history
SoFi company history timeline
In January 2011, Social Finance US was launched to bring social impact bonds to the US market.
Founded in 2011, this fintech veteran’s initial pitch was to student debt-laden millennials, some of whom were struggling to find their footing in the economic recovery that followed the Great Recession.
In August 2014, the first set of results were released, showing that the Social Impact Bond reduced reoffending by 8.4 per cent.
SoFi had 1.85 million members in the fourth quarter of 2020, according to the company, up 90% from the same period a year earlier.
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SoFi competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Charles Schwab | 1971 | $1.6B | 32,000 | 566 |
| Bessemer Venture Partners | 1911 | $1.2M | 7 | 1 |
| Sequoia Capital | 1972 | $192.0M | 50 | - |
| Kabbage | 2009 | $200.0M | 277 | - |
| First Round | 2004 | $8.4M | 279 | 5 |
| IVP | 1980 | $3.7M | 31 | 2 |
| Farm Credit Mid-America | 1916 | $1.4B | 3,000 | - |
| Stonegate Mortgage | 2005 | $176.0M | 500 | - |
| Earnest Research | 2012 | $19.3M | 100 | 8 |
| Caliber Home Loans | 2008 | $15.0M | 50 | 7 |
SoFi history FAQs
Zippia gives an in-depth look into the details of SoFi, including salaries, political affiliations, employee data, and more, in order to inform job seekers about SoFi. The employee data is based on information from people who have self-reported their past or current employments at SoFi. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 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. None of the information on this page has been provided or approved by SoFi. The data presented on this page does not represent the view of SoFi and its employees or that of Zippia.
SoFi may also be known as or be related to SOCIAL FINANCE INC, SoFi, Social Finance, Social Finance Inc, Social Finance, Inc. and Sofi.