SAN FRANCISCO – (BUSINESS WIRE) – December 4, 2025 – SoFi Technologies, Inc. (NASDAQ: SOFI) (“SoFi” or the “Company”) today announced an underwritten public offering of $1.5 billion of shares of its common stock. In connection with the offering, SoFi expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the offering. All of the shares of common stock in the offering will be sold by SoFi. SoFi intends to use the net proceeds from the offering for general corporate purposes, including but not limited to enhancing capital position, increasing optionality and enabling further efficiency of capital management, and funding incremental growth and business opportunities.

Goldman Sachs & Co. LLC (“Goldman”), BofA Securities, Inc. (“BofA Securities”), Citigroup Global Markets Inc. (“Citigroup”), Deutsche Bank Securities Inc. (“Deutsche Bank Securities”) and Mizuho Securities USA LLC (“Mizuho”) will act as the underwriters in the offering. An automatic shelf registration statement on Form S-3 (Registration No. 333-289046) (including a base prospectus) (the “registration statement”) became effective upon filing with the Securities and Exchange Commission (the “SEC”) on July 29, 2025. Before investing, prospective investors should read the base prospectus in that registration statement, the accompanying prospectus supplement (the “prospectus supplement”) and the documents incorporated by reference therein for more complete information about the Company and this offering. The offering will be made only by means of a prospectus supplement and an accompanying base prospectus. The prospectus supplement and the accompanying base prospectus relating to this offering will be filed with the SEC and will be available for free by visiting EDGAR on the SEC website at www.sec.gov. Copies of the prospectus supplement, when available, and the accompanying base prospectus relating to this offering may also be obtained by contacting: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, Telephone: (866) 471-2526 or via email: prospectus-ny@ny.email.gs.com; BofA Securities, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, Attn: Prospectus Department or via email: dg.prospectus_requests@bofa.com; Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Telephone: (800) 831-9146; Deutsche Bank Securities, Attention: Prospectus Department, at 1 Columbus Circle, New York, NY 10019, Telephone: (800) 503-4611 or via email: Prospectus.Ops@db.com; or Mizuho, Attention: Equity Capital Markets, 1271 Avenue of the Americas, 3rd Floor, New York, NY 10020, Telephone: (212) 205-7600 or via email: US-ECM@mizuhogroup.com.

IR@sofi.com

PR@sofi.com

SAN FRANCISCO – (BUSINESS WIRE) – December 4, 2025 – SoFi Technologies, Inc. (NASDAQ: SOFI) (“SoFi” or the “Company”) today announced that it has priced its previously announced underwritten public offering of 54,545,454 shares of its common stock at a price of $27.50 per share, for total gross proceeds of approximately $1.5 billion, before deducting underwriting discounts and commissions and offering expenses payable by the Company.

In addition, SoFi has granted the underwriters a 30-day option to purchase up to an additional 8,181,818 shares of its common stock at the public offering price, less underwriting discounts and commissions.

The offering is expected to close on December 8, 2025, subject to customary closing conditions. All of the shares of common stock in the offering will be sold by SoFi. SoFi intends to use the net proceeds from the offering for general corporate purposes, including but not limited to enhancing capital position, increasing optionality and enabling further efficiency of capital management, and funding incremental growth and business opportunities.

Goldman Sachs & Co. LLC, BofA Securities, Citigroup, Deutsche Bank Securities and Mizuho will act as the underwriters in the offering. An automatic shelf registration statement on Form S-3 (Registration No. 333-289046) (including a base prospectus) (the “registration statement”) became effective upon filing with the Securities and Exchange Commission (the “SEC”) on July 29, 2025. Before investing, prospective investors should read the base prospectus in that registration statement, the accompanying prospectus supplement (the “prospectus supplement”) and the documents incorporated by reference therein for more complete information about the Company and this offering. The offering is being made only by means of a prospectus supplement and an accompanying base prospectus. The prospectus supplement and the accompanying base prospectus relating to this offering will be filed with the SEC and will be available for free by visiting EDGAR on the SEC website at www.sec.gov. Copies of the prospectus supplement, when available, and the accompanying base prospectus relating to this offering may also be obtained by contacting: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, Telephone: (866) 471-2526 or via email: prospectus-ny@ny.email.gs.com; BofA Securities, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, Attn: Prospectus Department or via email: dg.prospectus_requests@bofa.com; Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Telephone: (800) 831-9146; Deutsche Bank Securities, Attention: Prospectus Department, at 1 Columbus Circle, New York, NY 10019, Telephone: (800) 503-4611 or via email: Prospectus.Ops@db.com; or Mizuho, Attention: Equity Capital Markets, 1271 Avenue of the Americas, 3rd Floor, New York, NY 10020, Telephone: (212) 205-7600 or via email: US-ECM@mizuhogroup.com.

IR@sofi.com

PR@sofi.com