SoFi launches Big Business Banking to unify fiat and crypto for enterprises

SoFi Technologies has rolled out Big Business Banking, a platform for enterprises to manage fiat and digital asset operations under one regulated entity.

Leveraging SoFi Bank, N.A.’s national charter, FDIC insurance, and Federal Reserve membership, the platform is built for scale, compliance, and operational resilience.

With SoFi Big Business Banking, companies can overcome the limitations of traditional banking hours and stay competitive in a global, always-on economy, according to SoFi CEO Anthony Noto.

Key offerings include large-scale deposit accounts, API-driven payments, a 24/7 internal payments network, real-time settlement, SoFiUSD stablecoin capabilities, and tokenized deposits issued by the bank, as noted by SoFi.

Supported by a balance sheet exceeding $50 billion in assets and strong capital backing, SoFi aims to provide a secure, always-on infrastructure that simplifies financial operations while bridging traditional banking and blockchain-based systems.

The initiative, which will initially run on the Solana blockchain alongside other networks, has drawn a broad coalition of participants from institutional trading desks, custody providers, decentralized finance protocols, and global payments companies, including Cumberland, Bullish, BitGo, B2C2, Fireblocks, Wintermute, Galaxy, Jupiter, Mesh Payments, and Mastercard.

How SoFi got here

It has taken SoFi several years to launch the product. The company received conditional approval for its national banking charter in January 2022, though initial restrictions limited its crypto-related activities.

In early 2025, interpretive guidance from the Office of the Comptroller of the Currency expanded what banks could do with digital assets.

Around the same time, the passage of the GENIUS Act created a clear federal framework for stablecoin issuance. SoFi moved quickly, adding consumer crypto trading to its banking app and launching SoFiUSD in December 2025, becoming the first nationally chartered bank to issue a stablecoin on a public blockchain.

Q4 2025 financials

In the fourth quarter of 2025, SoFi reported net revenue exceeding $1 billion for the first time, roughly 40% growth compared with the same period a year earlier. Adjusted EBITDA reached $318 million, a 60.0% increase that pushed margins to 31%.

Loan originations hit an all-time high of $10.5 billion in the quarter, up 46% year over year, and the platform added more than one million new members during the three-month period.

Internal research indicates that 60% of SoFi members who hold crypto assets prefer conducting those activities through a bank-based service rather than a standalone exchange.