- Jupiter has formed a partnership with SoFi.
- SoFi refers to the large U.S. fintech company ‘SoFi Technologies, Inc.’
In short:
- Founded: A company created by Stanford University students in 2011.
It initially started specializing in student loan refinancing but has now grown into a comprehensive digital bank.
- Current Scale (As of 2025–2026): Approximately 13.7 million members
- Asset Size: Over $50 billion
A formally chartered bank in the U.S.
- Main Services:
Loans (student loans, personal loans, mortgages)
Bank Accounts (checking and savings accounts)
Investment, stock, and cryptocurrency trading
Credit cards, mortgages, financial management, etc.
It is famous as an ‘all-in-one’ financial app that allows users to manage loans, savings, investments, and expenses all through a single mobile app. In short, you can think of it as a “modern online bank favored by Millennials and Gen Z.”
It is particularly popular among the younger generation because, unlike traditional banks, it has almost no branches and allows users to handle all financial transactions quickly and conveniently through an app.
As early as February of this year, SoFi became the first U.S. bank to support direct deposits and withdrawals on the Solana network (SOL Deposits).
In other words, this is a move by SoFi to fully introduce blockchain (specifically Solana) into corporate finance while adhering to traditional banking regulations.
