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Fintech Firm SoFi Set to Exit Cryptocurrency Business

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  • December 2, 2023
  • Crypto, Insights

SoFi Technologies, the online personal finance company and bank, has announced its decision to exit the cryptocurrency business, ending its crypto services on December 19th. SoFi provides student loan refinancing, mortgages, personal loans, credit card, investing, and banking through both mobile app and desktop interfaces. The company is allowing eligible customers to either migrate their accounts to UK-based Blockchain.com, or close their accounts, except in New York state.

Fintech Firm SoFi Set to Exit Cryptocurrency Business

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