SoFi Technologies, Inc. (SOFI) Presents at Annual JPMorgan Global Technology, Media and Communications Conference (Transcript)

SoFi Technologies, Inc. (NASDAQ:SOFI) Annual JPMorgan Global Technology, Media and Communications Conference May 14, 2025 1:40 PM ET

Company Participants

Anthony Noto - CEO

Conference Call Participants

Reggie Smith - JPMorgan

Reggie Smith

Good afternoon, my name is Reggie Smith. I Head Fintech Research here at JPMorgan, and I'm happy to sit with and talk with Anthony Noto, CEO of SoFi. It's been about two years since we saw each other last.

Welcome, how are you?

Anthony Noto

I'm doing great, pleasure to be here. I'm doing great, how about yourself?

Reggie Smith

I'm good, I'm good, good. So, I guess we'll start high level, the SoFi mission to help people get their money right. Talk a little bit about that and how it informs your strategy, your product development maybe kind of set the stage there and then we'll go into the quarter and some other things.

Anthony Noto

Sure, when I joined the company, back in 2018, I had gone through an interview process with the board and so forth and have presented to them, something in late December 2017 that's really remained true till today. And one, we're building a mission driven company to help people achieve financial independence to realize their ambitions, which means we help them get to the point that they have enough money to do what they want, have the size home they want, size family they want, the career they want, live where they want, retire when they want.

In order for us to be able to do that, we have to have a lifetime relationship with them. We have to be there for all the major financial decisions they make and all the days in between. If we're not there when they decide to pay for college and they over-lever themselves for college, they'll dig