Sofi Securities Llc is a broker-dealer registered with the U.S. Security and Exchange Commission and incorporated in the state of New York. STOCKS. [51] Cryptocurrency transactions are one of SoFi's only products that have fees, currently set at a 1.25% markup. ... Stock quotes supplied by … Privacy Notice, and [4][5] Additional investors included Ron Suber. For the best MarketWatch.com experience, please update to a modern browser. [42], As SoFi's product offerings expanded to include mortgages, mortgage refinancing and personal loans, the company moved away from an alumni-funded model to a non-traditional underwriting approach focused on lending to financially responsible individuals. A high-level overview of Social Finance (SOFI) stock. Find the latest SoFi 50 ETF (SFYF) stock quote, history, news and other vital information to help you with your stock trading and investing. Purchase now or later. About SoFi Stock Social Finance (SoFi) is a finance company that offers a range of lending and wealth management services. [49][50] SoFi offers trading of Bitcoin, Ethereum, and Litecoin to users in every U.S states apart from Nevada. SFYF was created on 05/08/19 by Toroso Investments. The founders hoped SoFi could provide more affordable options for those taking on debt to fund their education. Buy immediately with a market order or use a limit order to delay your purchase until SoFi reaches your desired price. Find the latest SoFi Next 500 ETF (SFYX) stock quote, history, news and other vital information to help you with your stock trading and investing. There are currently no items in this Watchlist. For this pilot, 40 alumni invested an average of $20,000 to 100 students. Intraday data delayed at least 15 minutes or per exchange requirements. SFY | A complete SoFi Select 500 ETF exchange traded fund overview by MarketWatch. [55][56] The product has been compared in the media to Samsung's version of Apple Pay. [8][9][10], As of September 2013, SoFi had funded $200 million in loans to 2500 borrowers at the company's 100 eligible schools. This total funding amount came from $90 million in equity, $151 million in debt, and $200 million in bank participations, with the remaining capital from alumni and community investors. [11], In November 2013, SoFi announced a deal with Barclays and Morgan Stanley to create a bond backed by peer-to-peer student loans, and this would create the first securitization of these loans to receive a credit rating. Black Americans are dying from COVID-19 at higher rates than others — but they are also getting vaccinated at lower rates, 6 Stocks to Buy for the Next Oil-Price Surge, China clamps down on travel during Lunar New Year holiday, There is Light at the End of the Tunnel For Carnival Stock, ETFs to Surge as Tesla Turns to Profit, Secures S&P 500 Entry. For financial reporting, their fiscal year ends on December 31st. Something went wrong while loading Watchlist. Stock Price Prediction: Update at 5:00pm EST Get 's stock price today. [1] The company's inaugural loan program was a $2 million pilot at Stanford. About SoFi. SoFi helps members take control of their finances. Create a list of the investments you want to track. Seeking Alpha's authors provide a stock rating for Social Finance (SOFI). [6], On October 2, 2013, SoFi announced that it had raised $500 million in debt and equity to fund and refinance student loans. Visit a quote page and your recently viewed tickers will be displayed here. No-cost credit score tracking with weekly updates is provided through TransUnion. Stock Symbol Also known as a ticker symbol, this short abbreviation helps traders identify stocks from various companies. Fundamentals, trading and investment tools does not endorse or recommend the purchase of any ETFs... 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