---
type: entity
entity_type: company
name: SoFi
status: active
founded: 2011
domains: [internet-finance]
---

# SoFi

**Type:** Federally chartered US bank  
**Status:** Active  
**Scale:** ~7 million members

## Overview

SoFi is a licensed US bank offering consumer and enterprise financial services. In 2026, SoFi became one of the first federally chartered banks to build enterprise banking infrastructure on blockchain settlement rails.

## Timeline

- **2026-04-02** — Launched enterprise banking services leveraging Solana for fiat and stablecoin transactions, positioning as "one regulated platform to move and manage fiat and crypto in real time"

## Significance

SoFi's adoption of Solana represents a category shift: a regulated bank with FDIC-insured deposits choosing crypto infrastructure for enterprise settlement, rather than crypto-native institutions building banking-like services. This signals institutional infrastructure migration at the settlement layer.