(Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-39606 SoFi Technologies, Inc. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Exact name of registrant as specified in its charter) Delaware 98-1547291 (State or other jurisdic ...

SoFi Technologies, Inc. (NASDAQ:SOFI) Q2 2023 Earnings Call Transcript July 31, 2023 8:00 AM ET Company Participants Maura Cyr - IR Anthony Noto - CEO Chris Lapointe - CFO Conference Call Participants John Hecht - Jefferies Dan Dolev - Mizuho Michael Perito - KBW Kevin Barker - Piper Sandler Andrew Jeffrey - Truist Mihir Bhatia - Bank of America Eugene Simuni - MoffettNathanson Reggie Smith - JP Morgan Dominick Gabriele - Oppenheimer Timothy Chiodo - Credit Suisse Robert Wildhack - Autonomous Operator Good ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-39606 SoFi Technologies, Inc. (Exact name of registrant as specified in its charter) Delaware 98-1547291 (State or other jurisdi ...

SoFi Technologies, Inc. (NASDAQ:SOFI) Q1 2023 Earnings Conference Call May 1, 2023 8:00 AM ET Company Participants Maura Cyr - IR Anthony Noto - CEO Chris Lapointe - CFO Conference Call Participants Mihir Bhatia - Bank of America Jeff Adelson - Morgan Stanley Kevin Barker - Piper Sandler John Hecht - Jefferies Eugene Simuni - MoffettNathanson Reggie Smith - JP Morgan Moshe Orenbuch - Credit Suisse Dominick Gabriele - Oppenheimer Robert Wildhack - Autonomous Arren Cyganovich - Citigroup Matthew O'Neil - ST P ...

SoFi Technologies, Inc. (NASDAQ:SOFI) Bank of America’s 2023 Electronic Payments Symposium Conference Transcript March 21, 2023 2:30 PM ET Executives Anthony Noto - Chief Executive Officer Analysts Mihir Bhatia - Bank of America Operator Ladies and gentlemen, the program is about to begin. Reminder that you can submit questions at any time via the Ask Questions tab on the webcast page. At this time, it is my pleasure to turn the program over to your host, Mihir Bhatia. You may begin. Mihir Bhatia Good after ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-39606 SoFi Technologies, Inc. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorpo ...

SoFi Technologies, Inc. (NASDAQ:SOFI) Q4 2022 Results Conference Call January 30, 2023 8:00 AM ET Company Participants Maura Cyr - IR Anthony Noto - CEO Chris Lapointe - CFO Conference Call Participants Michael Ng - Goldman Sachs Dominick Gabriele - Oppenheimer Kevin Barker - Piper Sandler Moshe Orenbuch - Credit Suisse Eugene Simuni - MoffettNathanson Mihir Bhatia - Bank of America Merrill Lynch Dan Dolev - Mizuho Ashwin Shirvaikar - Citigroup John Hecht - Jefferies Michael Perito - Stifel Operator Good mo ...

Financial Data and Key Metrics Changes - The company reported a significant decline in student loan refinancing origination volume, dropping from $2.4 billion in Q4 2019 to less than $400 million recently, which is less than 25% of the previous volume [12][13] - The company has maintained a variable profit margin per loan of 40% to 50% since 2018, focusing on quality over quantity in lending [10][15] - The company has achieved six consecutive quarters of record revenue and eight quarters of positive EBITDA despite challenges in its student loan business [15] Business Line Data and Key Metrics Changes - Personal loans have seen growth, with the company capturing about 6% market share in the unsecured personal loan market, up from 4.5% a year ago [27] - The average personal loan amount is approximately $3,000, with a quick approval process and flexible terms [27] - The company has driven $4 billion in incremental deposits since opening its bank, with 80% of those deposits coming from direct deposit customers [23] Market Data and Key Metrics Changes - The company targets high-income consumers (earning $100,000 or more) who are underserved by traditional banks, representing a significant market opportunity [8] - The total addressable market (TAM) for student loan refinancing is estimated at $200 billion, with expectations to return to high origination volumes once the moratorium ends [32] Company Strategy and Development Direction - The company aims to build a comprehensive digital financial services platform, integrating various financial products to enhance customer relationships and drive cross-selling opportunities [4][20] - The bank charter provides a competitive advantage by lowering funding costs and allowing the company to offer unmatched interest rates on checking and savings accounts [22][23] - The company plans to expand its technology platform, aiming to create a robust ecosystem similar to AWS for FinTech, leveraging acquisitions like Galileo and Technisys [20][40] Management's Comments on Operating Environment and Future Outlook - The management acknowledges the economic challenges but remains optimistic about growth opportunities, particularly in personal loans and technology services [15][20] - The company is prepared for potential economic downturns, maintaining a focus on quality lending and risk management [28][29] - Management emphasizes the importance of technology in enhancing customer experience and driving engagement with the app [70][72] Other Important Information - The company is focused on creating a personalized app experience that encourages daily engagement, which is expected to build trust and loyalty among users [71][72] - The company is exploring opportunities in small and medium business banking, although the primary focus remains on consumer services for now [51] Q&A Session Summary Question: Overview of SoFi - The CEO provided a broad overview of SoFi as a consumer financial technology company focused on helping members achieve financial independence [2] Question: Impact of Higher-End Consumers - Management believes that targeting higher-income consumers provides a defensive advantage during economic stress, as these consumers tend to perform better financially [9] Question: Planning for Next Year - The company is modifying its planning process to account for potential economic challenges, having developed diverse business lines to adapt to changing conditions [11][14] Question: Bank Charter Expectations - The bank charter is seen as a valuable asset that enhances competitive positioning and funding capabilities, with expectations for continued growth in deposits [22][23] Question: Personal Loan Growth Drivers - Personal loan growth is driven by both cross-selling to existing members and acquiring new members, with a focus on maintaining credit quality [26][27] Question: Student Loan Moratorium Effects - Management anticipates a lift in student loan refinancing once the moratorium ends, with a significant TAM available for growth [32][34] Question: Home Loans and Fulfillment Issues - The company is working to improve operations in the home loan segment, aiming for timely fulfillment to enhance customer experience [37][38] Question: Technology Segment Vision - The integration of Galileo and Technisys is expected to enhance the technology platform, with a focus on B2B opportunities and expanding product offerings [39][40]

SoFi Technologies Inc. (NASDAQ:SOFI) 2022 Goldman Sachs Communacopia + Technology Conference Call September 12, 2022 6:45 PM ET Company Participants Anthony Noto - Chief Executive Officer Conference Call Participants Michael Ng - Goldman Sachs Michael Ng Hey, everybody. Welcome to the SoFi presentation at the Goldman Sachs Communacopia and Technology Conference. I have the privilege of introducing Anthony Noto, CEO of SoFi. Anthony joined SoFi in 2018 as CEO after serving as CFO and COO of Twitter, the Co-H ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-39606 SoFi Technologies, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporatio ...