Good morning. I had the pleasure of hosting more than a dozen executives yesterday in a Fortune CEO roundtable discussion about how their strategies are shifting amid economic uncertainty and global complexity. We kicked things off with former Atlanta Fed president Dennis Lockhart, who outlined the state of the economy and memorably said that it…
“ “ Shares of digital financial services company SoFi Technologies (NASDAQ:SOFI) fell 1.2% in the afternoon session after the stock pulled back following a recent rally. “ The decline followed a strong performance the previous day, where the stock reached a new 52-week high. It is common for stocks to experience a temporary retreat as…
When DCM wrote the first institutional check into Figure Technologies, the Menlo Park-based venture firm was making a risky bet on both an unproven use of blockchain technology and a founder with a checkered past. Nearly eight years later, that decision is set to deliver one of DCM’s biggest wins: a stake worth nearly 60x…
Digital banking. The phrase means different things to different consumers, but for the PYMNTS app provider rankings, digital banking includes the apps that enable them to plan, spend and track their money within the same ecosystem. You would expect SoFi’s page to do well here, and you would be right. SoFi topped our August rankings…
Shares of digital financial services company SoFi Technologies (NASDAQ:SOFI) fell 5.3% in the afternoon session after investors took some profits off the table as markets awaited signals on future monetary policy from the Federal Reserve’s Jackson Hole symposium later in the week. The downturn in the market was largely attributed to a significant sell-off in…
SAN FRANCISCO, July 30, 2025–(BUSINESS WIRE)–SoFi Technologies, Inc. (NASDAQ: SOFI) (“SoFi” or the “Company”) today announced that it has priced its previously announced underwritten public offering of 71,942,450 shares of its common stock at a price of $20.85 per share, for total gross proceeds of approximately $1.5 billion, before deducting underwriting discounts and commissions and…
NEW YORK, July 08, 2025–(BUSINESS WIRE)–Cashmere, a next-generation venture investor making startup investing more accessible, today announced that its flagship fund is now available on the Alternative Investments platform of SoFi Invest, the investment hub for SoFi’s 10.9 million members. SoFi Invest members will now be able to invest in The Cashmere Fund (Ticker: CSHMX)…