2026-04-30 12:00:59
SoFi Reports $1.1B Q1 Revenue, Up 41%, Launches SoFiUSD Stablecoin
According to Businesswire, SoFi Technologies reported record Q1 net revenue of $1.1 billion, up 41% year-over-year, with net income of $167 million, marking its tenth consecutive quarter of GAAP profitability. The fintech company officially launched its full-reserve U.S. dollar stablecoin SoFiUSD