SoFi, short for Social Finance, is a personal finance company that offers a range of financial products and services. Founded in 2011, it started by providing student loan refinancing and has since expanded to include personal loans, mortgages, investment services, and insurance. The company aims to help individuals achieve financial independence and improve their financial well-being.
In addition to its financial products, SoFi also offers educational resources and tools to help users make informed financial decisions. The platform features a mobile app that allows users to manage their finances, track investments, and access financial advice, making it a comprehensive solution for personal finance management.