TechFlow News, April 30: According to a Businesswire report, fintech company SoFi Technologies released its Q1 2026 financial results, reporting quarterly net revenue of $1.1 billion, up 41% year-on-year, and net income of $167 million—marking its tenth consecutive quarter of GAAP profitability.
SoFi disclosed that it is actively advancing its digital asset infrastructure, having officially launched the minting of its fully reserved USD-pegged stablecoin, SoFiUSD, in Q1. It is also collaborating with partners including Mastercard to support stablecoin settlement across global payment networks. Additionally, SoFi announced the relaunch of its SoFi Plus membership program in April this year, introducing new benefits such as cashback on cryptocurrency transactions.
