Founded in 2011, SoFi (Social Finance, Inc.) is a leading U.S. fintech company on a mission to help people achieve financial independence. Originally focused on student-loan refinancing, SoFi has evolved into a full-suite digital financial platform offering:

• Banking and lending

• Investing and insurance

• Financial planning services

Serving millions of members, SoFi provides modern, digital-first alternatives to traditional banking: empowering individuals to borrow, save, spend, and invest seamlessly in one place.

Investing for Growth

With growth across its lending portfolio, SoFi needed to balance speed and consistency: staying agile in shifting market conditions while upholding a seamless experience for its member base of over 10.9 million.

To continue its growth trajectory, SoFi sought to strengthen its technology infrastructure—ensuring it could respond quickly to market changes while safeguarding a top-tier member experience.

A Strategic Partnership with Oscilar

SoFi selected the Oscilar AI Risk Decisioning™ Platform to unify its approach to credit underwriting, collections, and fraud detection.

Why did SoFi choose Oscilar?

Oscilar provided SoFi with a cloud-native, end-to-end solution that delivers:

• Scalable, reliable architecture for high-volume demands

• A visual, no-code workflow builder empowering business teams to design and deploy credit strategies without engineering support

• Centralized governance for consistency across product lines without sacrificing speed

This partnership enabled SoFi to rapidly launch, test, and iterate risk policies to match market dynamics.

“We can easily launch and iterate new policies and adapt with unprecedented speed. Oscilar supports SoFi's ability to make swift and accurate risk decisions and serve our members' needs. We've valued Oscilar's combination of speed, flexibility, and close collaboration as we grow our lending business.”
— Adam Colclasure, Senior Director of Risk Data & Decisioning, SoFi

Results: Faster, Smarter, and More Agile

While SoFi began migrating to Oscilar’s platform, early results showcased the platform's ability to support SoFi's scale, creating an efficient and frictionless experience for both the business and its members.

50% Faster Time-to-Market

SoFi now deploys new credit-risk strategies in days instead of weeks, accelerating adaptation to market shifts.

30% Faster Processing Speed

The platform improved processing speed by over 30%, leading to faster, more accurate credit decisions and a better application experience for members

Operational Continuity

Oscilar’s responsiveness helps SoFi remove blockers quickly, ensuring uninterrupted progress on priority initiatives and consistent member value delivery.

Strategic Enablement

With its self-serve, no-code environment, Oscilar reduces manual development cycles, empowering teams to innovate and scale faster with existing resources.

Co-Innovation at the Core

CEO Neha Narkhede emphasized that its relationship with customers is about more than technology but also co-innovation:

“Our philosophy has always been to co-innovate with customers. SoFi’s feedback directly shaped the enterprise-grade platform capabilities we rolled out during the evaluation. We don't just want to be a vendor; we want to be a partner in building the future of risk and credit decisioning.”

Empowering Future Growth

SoFi has seen this partnership deliver tangible impact—freeing up capacity to focus on high-value strategic initiatives.

By leveraging Oscilar’s scalable and agile platform,  SoFi is well-positioned to continue its momentum in the lending market, drive future growth, and provide an unparalleled experience for its members.

About SoFi

SoFi Technologies (NASDAQ: SOFI) is a one-stop shop for digital financial services on a mission to help people achieve financial independence to realize their ambitions. Over 10.9 million members trust SoFi to borrow, save, spend, invest, and protect their money – all in one app – and get access to financial planners, exclusive experiences, and a thriving community. Fintechs, financial institutions, and brands use SoFi’s technology platform Galileo to build and manage innovative financial solutions across 158.4 million global accounts. For more information, visit www.sofi.com.

About Oscilar

Oscilar powers real-time risk decisioning across fraud, credit, and compliance with a single, unified solution. Its no-code AI Risk Decisioning™ platform leverages agentic AI and advanced signal processing to analyze complex data, detect anomalies, and automate mission-critical decisions with speed and precision. Built by the team behind risk systems at Google, Meta, Uber, Citi, and J.P. Morgan, Oscilar combines deep technical expertise with cloud-native architecture to deliver scalability, transparency, and regulatory-grade performance.