Top 3 SoFi Competitors & Alternatives In 2020 - What Competitors

Top 3 SoFi Competitors & Alternatives In 2020

SoFi is an online lending platform that allows users to apply for student loan refinancing, mortgages and personal loans.

SoFi’s headquarters are in San Francisco, California. Anthony Noto – CEO of SoFi. SoFi has attracted funding for a total of 3.3 billion dollars. Sophie has acquired 2 companies, the latest of which is 8 Securities Limited for an undisclosed amount in April 2020. As of August 2019, Sophie has 231.1K fans on Facebook and 54.2K followers on Twitter.

SoFi’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Sofi top competitors include: LendingClub, LendKey, Earnest, CommonBond, Laurel Road, Prosper, Upstart, OnDeck, Acorns, Ally.io, LendingHome and Funding Circle.

Together they raised over 29.1B between their estimated 14.5K employees. SoFi’s revenue is ranked 3rd among the top 10 competitors. The top 10 competitors are 517.3M on average. SoFi has 1,400 employees and ranks 3rd among the top 10 competitors. The top 10 competitors have an average of 805.

  • Website: sofi.com
  • Social Media Links: Twitter Facebook LinkedIn
  • Founded: 2011
  • Est. Annual Revenue: $596M
  • Est. Employees: 1,400
  • Headquarters: 234 1st Street San Francisco, California 94105

LendingClub

LendingClub is the main competitor of SoFi. LendingClub is a public company that was founded in 2006 in San Francisco, California. LendingClub works in consumer finance and credit cards. Compared to SoFi, LendingClub employs 138 more people.

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LendKey

LendKey is regarded as one of the largest competitors of SoFi. LendKey was founded in 2008, its headquarters are located in New York. LendKey works in the field of diversified financial services. LendKey receives 574.5 million dollars less revenue than SoFi.

Earnest

Earnest is considered one of SoFi’s main competitors. Earnest was founded in San Francisco, California in 2013. Earnest competes in the diversified financial services industry. Compared to SoFi, Earnest generates $576M net of income.

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