PANews April 30 news, according to Business Wire, digital financial services company SoFi Technologies released its Q1 2026 financial report, with adjusted net income growing 41% year-on-year to a record $1.1 billion, and net profit of $167 million. The number of members increased by 35% year-on-year to 14.7 million, and the number of products grew by 39% to 22.2 million items. The total amount of loans issued reached a record $12.2 billion. In the first quarter, SoFi began minting its dollar reserve stablecoin SoFiUSD and supported the interoperability of digital assets and fiat currency settlement through partners like Mastercard. SoFi also relaunched SoFi Plus, offering a 1% matching reward for deposits and crypto purchases.

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