SoFi lifts 2026 revenue forecast as member growth, new loans hit records

July 29 : Fintech SoFi raised its 2026 revenue growth forecast above Wall Street expectations on Wednesday after posting a market-beating second quarter, driven by record member growth and loan originations.Despite an uncertain macroeconomic environment, elevated interest rates and high costs of living, credit quality has been stable thanks to resilient borrowers, allowing consumer lenders to continue growing their loan books and interest income.Fintech firms such as SoFi have emerged as credible challengers to traditional banking heavyweights. A wider range of product offerings and the use of digital-first platforms have helped fintechs attract and retain customers. SoFi said second-quarter total loan originations hit a record $14.8 billion and member growth surged 35 per cent to a record