SoFi
From Stanford alumni-funded student loans to a chartered digital bank; issued SoFiUSD stablecoin in Dec 2025.
Bank charter; launched SoFiUSD stablecoin Dec 2025.
The facts
| Category | traditional |
| HQ | San Francisco, US |
| Founded | 2011 |
| Custody | Custodial |
| Regulation type | Licensed bank |
| Licence detail | National bank charter (2022) |
| Card | Visa/MC · Debit |
| Yield | Up to ~4.5% APY (tiers) |
| Stablecoins | Yes |
| KYC | Yes |
| Active regions | North America |
| Countries | United States |
| Founders | Mike Cagney, Dan Macklin, James Finnigan, Ian Brady |
| Funding | Public (SOFI) |
Verified links: official site ↗ · terms ↗ · privacy ↗ · @SoFi ↗
comparePut SoFi side by side with any of the other 356 tracked neobanks in the directory — custody, licence, cashback, yield, stablecoins and geography in one view.
Peers
Chime · Wise · Varo · Current · Ally Bank · Dave
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.