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SoFi lifts 2026 revenue forecast as member growth, new loans hit records
SG📈 Economy18 hr. ago

SoFi lifts 2026 revenue forecast as member growth, new loans hit records

Fintech company SoFi increased its 2026 revenue forecast to between $4.75 billion and $4.85 billion, surpassing analyst expectations of $4.7 billion. This follows a strong second quarter where the company reported record loan originations of $14.8 billion and a 35% increase in membership to 15.8 million. SoFi's adjusted revenue rose 40% to $1.2 billion, outperforming estimates, while net interest income grew 52% year-over-year. CEO Anthony Noto highlighted continued customer resilience despite economic challenges and emphasized the company's strategy of focusing on organic growth while remaining open to strategic acquisitions.

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Channel NewsAsia (CNA) logoChannel NewsAsia (CNA)State / PublicCenter18 hr. ago
SoFi lifts 2026 revenue forecast as member growth, new loans hit records

Fintech company SoFi increased its 2026 revenue forecast to between $4.75 billion and $4.85 billion, surpassing analyst expectations of $4.7 billion. This follows a strong second quarter where the company reported record loan originations of $14.8 billion and a 35% increase in membership to 15.8 million. SoFi's adjusted revenue rose 40% to $1.2 billion, outperforming estimates, while net interest income grew 52% year-over-year. CEO Anthony Noto highlighted continued customer resilience despite economic challenges and emphasized the company's strategy of focusing on organic growth while remaining open to strategic acquisitions.

Bias read (Center): The article presents factual financial performance data and quotes from SoFi's leadership without overt ideological slant. It focuses on corporate earnings, market trends, and operational strategies without taking a partisan stance. The framing is neutral, emphasizing objective metrics like revenue,

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