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SoFi
2.1
based on 2 Reviews
About SoFi
Founded in--
India Employee Count11-50
Global Employee Count1k-5k
HeadquartersSan Francisco, California, USA
Office Locations
--
Websitesofi.com
Primary Industry
Other Industries
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SoFi Ratings
based on 2 reviews
Overall Rating
2.1/5
How AmbitionBox ratings work?
5
0
4
0
3
1
2
0
1
1
Category Ratings
2.6
Job security
2.6
Work-life balance
2.6
Promotions
2.6
Work satisfaction
2.1
Salary
2.1
Skill development
1.5
Company culture
SoFi is rated 2.1 out of 5 stars on AmbitionBox, based on 2 company reviews.This rating reflects a below average employee experience, indicating poor satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
SoFi Reviews
Compare SoFi with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 2.1/5 based on 2 reviews | 3.8/5 based on 308 reviews | 3.9/5 based on 230 reviews | 3.2/5 based on 250 reviews |
Highly Rated for | No highly rated category | Work-life balance Company culture | Work-life balance Job security Company culture | No highly rated category |
Critically Rated for | Company culture Skill development Salary | No critically rated category | No critically rated category | Job security Promotions Skill development |
Primary Work Policy | - | - | Work from office 92% employees reported | Work from office 94% employees reported |
Rating by Women Employees | - no rating available | 4.0 Good rated by 79 women | 3.4 Average rated by 37 women | 3.3 Average rated by 47 women |
Rating by Men Employees | - no rating available | 3.7 Good rated by 192 men | 3.9 Good rated by 152 men | 3.2 Average rated by 169 men |
Job security | 2.6 Poor | 3.7 Good | 3.8 Good | 2.7 Poor |
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SoFi Salaries
SoFi salaries have received with an average score of 2.1 out of 5 by 2 employees.
Event Planner
(1 salaries)
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₹0.3 L/yr - ₹0.4 L/yr
Full Stack Developer
(1 salaries)
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₹7.2 L/yr - ₹9.2 L/yr
Senior Web Developer
(1 salaries)
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₹5.4 L/yr - ₹6.9 L/yr
Manufacturing Executive
(1 salaries)
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₹2.3 L/yr - ₹2.9 L/yr
Manager M1
(1 salaries)
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₹3 L/yr - ₹3.8 L/yr
System Administrator
(1 salaries)
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₹1.6 L/yr - ₹2.1 L/yr
Salesman
(1 salaries)
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₹0.2 L/yr - ₹0.2 L/yr
Web Designer
(1 salaries)
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₹3.2 L/yr - ₹4.1 L/yr
Company Secretary
(1 salaries)
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₹2.3 L/yr - ₹2.9 L/yr
Account Payable Manager
(1 salaries)
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₹2.5 L/yr - ₹3.2 L/yr
SoFi Jobs
Popular Designations SoFi Hires for
Popular Skills SoFi Hires for
SoFi News
View all
Block’s Direct Lending Move Aims at Filling Consumer Credit Gaps
- Square Financial Services, the industrial bank of Block, has received approval from the Federal Deposit Insurance Corp. to make consumer loans directly to borrowers through Cash App Borrow, shifting from its previous model of using an external banking partner.
- Bringing the loan originating and servicing functions in-house allows Block to retain the revenue streams associated with lending, with Cash App Borrow designed to provide short-term cash flow in a simple and accessible way. Traditional avenues for credit access have been narrowing, with subprime consumers facing higher barriers.
- LendingClub, after acquiring Radius Bank, has disclosed that loans held by its LendingClub Bank amounted to $5.1 billion at the end of last year, while SoFi Bank, following its acquisition of Golden Pacific, originated all new loans within its operation.
- This shift towards a direct lending model allows companies to have more control over the lending process and benefit from interest earned on loans held on their balance sheets.
Pymnts | 19 Mar, 2025
CD, Checking, and Savings Rates Today: Grow Your Savings
- Interest rates on deposit accounts are declining, prompting a need for savers to seek the best rates available.
- Tracking rates from banks and credit unions daily can provide confidence in opening new accounts with high yields.
- List of top savings rates includes offerings from Axos ONE Savings, LendingClub, Western Alliance Bank, CIT Bank, and Forbright Growth.
- Top CD rates feature options like Ponce Bank, Barclays, LendingClub, Synchrony, Discover, Bread Savings, and SkyOne Federal Credit Union.
- High-yield checking account offers include BCU PowerPlus, SoFi, Discover, and Axos ONE, providing attractive APYs and rewards.
- Online and lower-profile institutions typically offer the highest savings rates due to lower overhead costs.
- High-yield accounts include savings, checking, money market, and cash management accounts, each tailored for different financial needs.
- Certificates of Deposit (CDs) can offer the highest rates but require locking in funds for a specific period, with penalties for early withdrawal.
- CD terms vary from no-penalty CDs to 6-month, 1-year, 2-year, 3-year, and 5-year CDs, each with distinct benefits and considerations.
- Investors seeking to maximize earnings can use CDs strategically as part of a diversified investment portfolio.
Insider | 17 Mar, 2025
SoFi Lands $5 Billion to Expand Loan Platform Business
- SoFi has finalized an agreement with Blue Owl Capital worth at least $5 billion.
- The deal will allow SoFi to expand its loan platform business.
- Two-year deal with Blue Owl reflects increasing demand for personal loans and aims to diversify revenue streams.
- SoFi's loan platform business originated $2.1 billion in loans last year.
Pymnts | 13 Mar, 2025
CD, Checking, and Savings Rates Today: Supercharge Your Savings
- High-interest rates for deposits are becoming scarce, prompting individuals to lock in high rates to maximize savings.
- Listed are top rates for popular banks on March 13, including savings rates of up to 4.86% from Axos ONE and Checking Bundle, 4.50% from LendingClub LevelUp, and 4.30% from Western Alliance Bank.
- CD rates as of March 12 include 4.20% for Ponce Bank 3 Month CD, 3.80% for Barclays 6 Month Online CD, and 4.45% for LendingClub 10 Month CD.
- High-interest checking accounts such as BCU PowerPlus Checking, SoFi® Checking and Savings, and Discover® Cashback Debit Account offer attractive features like high APYs and rewards on debit card purchases.
- Online and lower-profile institutions tend to offer higher interest rates on accounts compared to national brands with brick-and-mortar presence.
- The best high-yield savings accounts and checking accounts provide attractive APYs and are ideal for short-term goals and everyday spending, respectively.
- Money market accounts offer a balance between checking and savings with tiered interest rates based on account balance.
- Certificates of Deposit (CDs) have fixed rates and varying terms (e.g., 6-month, 1-year, 2-year, 3-year, 5-year), offering investors higher rates for longer lock-in periods.
- No-penalty CDs and shorter-term CDs (e.g., 6-month, 1-year) are suitable for those seeking elevated rates for short durations or starting their savings journey.
- Longer-term CDs (e.g., 2-year, 3-year, 5-year) may offer slightly lower rates but provide secure investment options for those looking to lock in rates for an extended period.
- Investors should consider CD terms, rates, and penalties to make informed decisions based on their financial goals and risk tolerance.
Insider | 13 Mar, 2025
Savings, CD, and Checking Account Interest Rates Today: Earn Over 4% APY
- Interest rates on savings, CD, and checking accounts are constantly changing, prompting individuals to seek the best rates available.
- Top rates for popular banks on March 12 include up to 4.86% APY on Axos ONE Savings and Checking Bundle and up to 4.50% on LendingClub LevelUp Savings Account.
- For CDs, rates as of March 12 include 4.20% APY for Ponce Bank 3 Month CD and 4.45% for LendingClub 10 Month CD.
- High Interest Checking Account Offers include up to 8.00% APY with BCU PowerPlus Checking and up to 3.80% APY with SoFi® Checking and Savings.
- High-yield savings and checking accounts, money market accounts, and CDs are discussed as different options for earning favorable rates based on financial goals and time commitments.
- Tips for maximizing savings include considering online banks for higher rates, understanding the differences between savings and checking accounts, and exploring the benefits of cash management accounts.
- Certificates of Deposit (CDs) are highlighted for offering fixed rates based on selected terms, with options like no-penalty CDs and varying term lengths such as 6-month, 1-year, 2-year, 3-year, and 5-year CDs.
- Investors are advised on the benefits and potential considerations for each CD term, such as higher rates for longer commitments and the importance of diversifying investments.
- locking in favorable CD rates for the long term can provide stable earnings, even if rates decrease in other financial markets.
- Understanding differences in CD terms, including no-penalty CDs, 6-month CDs, 1-year CDs, 2-year CDs, 3-year CDs, and 5-year CDs, can help individuals make informed decisions based on their financial objectives.
Insider | 12 Mar, 2025
Fintech stocks plummet as Wall Street worries about consumer spending, credit
- Fintech stocks, including Robinhood, Strategy, Coinbase, Affirm, SoFi, and Shopify, experienced significant declines as the Nasdaq suffered its steepest decline since 2022.
- The drop in bitcoin, down 19% over the past month, contributed to the slide in crypto-related stocks.
- JPMorgan Chase analysts raised concerns about declining consumer confidence and slowing discretionary spending, highlighting potential challenges for fintech companies reliant on consumer spending for growth.
- The fintech sell-off comes after a strong rally in the fourth quarter, driven by expectations of Fed rate cuts and hopes for a more favorable regulatory environment under the Trump administration.
CNBC | 11 Mar, 2025
CD, Checking, and Savings Rates Today: Explore Today's Best Rates
- With time running out on earning high interest rates on deposit accounts, it's important to lock in a good rate before APYs decrease.
- Top rates for popular banks on March 8 include Axos ONE Savings and Checking Bundle with up to 4.86% APY and Valley National Bank High Yield Savings Account with 4.39%.
- For CDs, options like Ponce Bank 3 Month CD at 4.20% and Discover 18 Month CD at 4.00% are available.
- High interest checking account offers include BCU PowerPlus Checking with up to 8.00% APY and SoFi® Checking and Savings with a $300 bonus and up to 3.80% APY.
- Online banks offer higher rates due to lower overhead costs, making them attractive for those seeking favorable rates on savings.
- High-yield savings accounts provide security with high APYs for short-term goals, while checking accounts are essential for everyday transactions.
- Money market accounts offer a balance between checking and savings, with tiered interest rates based on account balance.
- Cash management accounts, a savings/checking hybrid, allow unlimited transfers and come with a debit card for easy access.
- Certificates of Deposit (CDs) have fixed rates based on a predetermined term and can offer higher rates than other accounts, with penalties for early withdrawal.
- Various CD terms like no-penalty CDs, 6-month, 1-year, 2-year, 3-year, and 5-year CDs cater to different investment preferences and goals.
Insider | 8 Mar, 2025
CD, Checking, and Savings Rates Today: Maximize Your Returns
- The article discusses maximizing returns through high interest rates on CD, checking, and savings accounts as of March 7, 2025.
- Highlighted are top offers like Axos ONE Savings and Checking Bundle with up to 4.86% APY, LendingClub LevelUp Savings Account with up to 4.50% APY, and Valley National Bank High Yield Savings Account offering 4.39%.
- For CDs, rates include Ponce Bank 3 Month CD at 4.20%, Barclays 6 Month Online CD at 3.80%, and Synchrony 16 Month CD at 4.40%.
- Featured high interest checking accounts such as BCU PowerPlus Checking offering up to 8.00% APY and SoFi Checking and Savings with up to 3.80% APY are also listed.
- The article emphasizes the importance of online or lower-profile institutions for higher rates due to lower overhead costs compared to national brands.
- Different account types like high-yield savings, checking, money market, cash management, and CDs are explained for various saving and investing needs.
- CDs provide locked-in rates based on term length, with options like 6-month, 1-year, 2-year, 3-year, and 5-year CDs being discussed in detail.
- No-Penalty CDs are highlighted for better rates over traditional savings accounts, catering to those who may need early access to their funds.
- Investors seeking short-term gains, CD ladder strategies, or long-term earnings can choose CDs based on varying terms and associated interest rates.
- Overall, the article serves as a guide for individuals looking to make informed decisions on maximizing returns through different banking products and account types.
Insider | 7 Mar, 2025
Savings, CD, and Checking Account Interest Rates Today: Earn Over 4% APY
- The article discusses current high-interest rates for savings, CDs, and checking accounts as of March 5, 2025.
- It highlights various accounts offering competitive APYs, such as Axos ONE Savings and Checking Bundle, LendingClub LevelUp Savings Account, and Valley National Bank High Yield Savings Account.
- For CDs, options like Ponce Bank 3 Month CD, Barclays 6 Month Online CD, and LendingClub 10 Month CD are mentioned with attractive rates.
- The article also features high-interest checking accounts like BCU PowerPlus Checking and SoFi Checking and Savings, detailing their APY rates and rewards.
- It explains that high-yield accounts are offered mainly by online or lower-profile institutions due to lower overhead costs compared to national brands.
- Different types of accounts are detailed, including high-yield savings accounts, high-yield checking accounts, money market accounts, cash management accounts, and certificates of deposit (CDs).
- It mentions that CDs offer higher rates for longer terms, with options like 6-month, 1-year, 2-year, 3-year, and 5-year CDs available for various investment strategies.
- The article also discusses common CD terms, such as No-Penalty CDs, and provides insights on choosing the best CD option based on individual financial goals.
- For those seeking short-term gains, 6-month CDs can be suitable, while 1-year and 2-year CDs are popular choices for investors looking for competitive rates and CD ladder strategies.
- Additionally, the article covers the advantages of 3-year and 5-year CDs for long-term investment and rate stability amid market fluctuations.
Insider | 5 Mar, 2025
SoFi Announces $697 Million Loan Secularization
- Online lender SoFi has closed a $697.6 million securitization of its loan platform business volume.
- The transaction was a 'co-contributor securitization' with collateral consisting of loans placed with loan platform business partners.
- SoFi's loan platform business generated $2.1 billion in personal loan volume last year.
- The securitization provided liquidity to support investment in the loan platform business and included 35 investors.
Pymnts | 4 Mar, 2025
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SoFi FAQs
Where is the SoFi headquarters located?
SoFi is headquartered in San Francisco, California.
How many employees does SoFi have in India?
SoFi currently has approximately 20+ employees in India.
What are the cons of working in SoFi?
Working at SoFi does have some drawbacks that potential employees should consider. The company is poorly rated for company culture, skill development and salary & benefits, based on 2 employee reviews on AmbitionBox.
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