SoFi's Blockchain-Powered International Money Transfer Service Launch

SoFi partners with Lightspark to introduce a blockchain-powered remittances service, enabling real-time conversion of U.S. dollars to Bitcoin for cross-border transfers. The service will initially be available in Mexico and later expand to other countries. This move marks SoFi's reentry into the world of cryptocurrency after facing setbacks in 2023. The fintech aims to integrate the service into its app later this year, offering seamless international money transfers.

Latest News

08-19
SoFi Is Bringing Blockchain to Users Worldwide. 'We're Just Getting Started,' CEO Says. -- Barrons.com
SoFi Is Bringing Blockchain to Users Worldwide. 'We're Just Getting Started,' CEO Says. -- Barrons.com

User Discussion

avatarfyl
10-16
$SoFi Technologies Inc.(SOFI)$ joins AWS Partner Network. Truly thr AWS of fintech. SOFI will moon as soon as the first announcement of the legacy banks that have migrated to Sofi's banking solutions. These have been in the works for years. New sources of revenue with the money remittance via block chain, Crypto .... the list goes on