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Form 8-K · Current Report · Filed 2024-01-31

SoFi Appoints Dana Green to Board of Directors

On January 25, 2024, SoFi Technologies, Inc.

Filer
SoFi Technologies Inc. SOFI · NASDAQ
Filed
Accession
0001818874-24-000008
CIK
0001818874
Signal
Medium impactFinancial Services

Details

appointed Dana Green to its board of directors. Ms. Green, with 32 years of experience at the Federal Reserve Bank of New York, brings extensive supervisory experience to SoFi's board. Her appointment will bring the total number of directors to eleven. Ms. Green will receive standard compensation and indemnification as described in SoFi's Proxy Statement.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Board Member Appointed

Market reaction

Close before filing

$8.40

Next session

-8.0%

Since filing

+94.2%

Latest close

$16.31

What happened, not what will happen — closing prices around the filing date.

About SoFi Technologies Inc.

SoFi Technologies Inc. operates as a financial technology company primarily focused on offering a suite of financial products and services designed to meet the needs of both individual and institutional clients. It provides a digital platform that includes lending services, such as student loan refinancing, personal loans, and home loans. Additionally, SoFi offers investing and savings tools, digital banking services, including checking and savings accounts, as well as insurance products. The company's platform is renowned for its commitment to leveraging technology to streamline financial processes and enhance user experience. Targeting primarily a younger demographic, SoFi caters to customers seeking modern, mobile-first financial solutions. Aimed at disruptiveness within the traditional financial industry, SoFi operates in sectors like personal finance, student financing, and digital payments, contributing to increased accessibility and efficiency in financial transactions. Established in 2011 and headquartered in San Francisco, California, SoFi Technologies continues to influence the fintech landscape by integrating technological innovation with financial services.

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