SOFI - Mergers and acquisitions

Acquisition of industry-leading, fintech mortgage lender is intended to help SoFi scale mortgage growth, and create sales and operational efficiencies, while also introducing a broader suite of mortgage product offerings for SoFi members Today, SoFi Technologies, Inc. (NASDAQ:SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, announced that it has acquired Wyndham Capital Mortgage, a leading fintech mortgage lender in an all cash transaction. While the transaction is not expected to be material to the company's 2023 financial outlook, it is expected to be accretive within six months. The acquisition

SoFi Launches Bank Offerings, including up to 1.00% APY for All Members and No Account Fees SoFi Technologies, Inc. ("SoFi"), the digital personal finance company, today announced the launch of SoFi Checking and Savings, the latest offering designed to help people get their money right. SoFi Checking and Savings will allow members greater control over their money management, with an industry-leading1 annual percentage yield of up to 1.00%2 for members, for both types of accounts, providing 33 times3 the national average interest on balances, in addition to zero account or overdraft fees, no limits on transfers between checking and savings accounts, two-day early paychecks4 and fee-free ATM