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IPO Investing

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  • SoFi IPO Center Current Offerings
  • How does SoFi's IPO Investing work?
  • How to check the status of a rollover via Capitalize?
  • How to rollover a 401k with Capitalize?
  • Why is the final IPO price per share higher/lower than my Indication of Interest (IOI) price?
  • How is the offering price determined?
  • How much time do I have to confirm my order?
  • What happens if I miss the order confirmation time period?
  • Can I change or cancel my order?
  • What is buying power and where can I view it?
  • Can I purchase shares of an initial public offering (IPO) using instant funding?
  • How does SoFi allocate IPO shares?
  • When will I know how many units/shares I have been allocated?
  • When do the shares begin trading?
  • When will I know the exact date of the IPO?
  • What is an IPO?
  • What is SoFi's IPO Investing?
  • Why and how does a company go public?
  • Will <company’s name> IPO be available on SoFi IPO Investing?
  • IPO Glossary
  • How do I participate in an IPO?
  • Am I eligible for IPO investing?
  • How can I receive a preliminary or final prospectus?
  • How will I know when the registration process has been completed so that I can confirm my indication of interest amount?
  • What is an indication of interest?
  • Why do I need to confirm my indication of interest?
  • Can I change or cancel my indication of interest?
  • How is SoFi IPO Investing better than competitors?
  • How do I find out about new issues available through SoFi?
  • Do the companies have an arrangement with SoFi pre-IPO or can you buy into any company that IPOs? 
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Annual percentage yield (APY) is variable and subject to change at any time. Rates are current as of 5/28/26. There is no minimum balance requirement. Fees may reduce earnings. Additional rates and information can be found at https://www.sofi.com/legal/banking-rate-sheet.

Eligible Direct Deposit means a recurring deposit of regular income to an account holder’s SoFi Checking or Savings account, including payroll, pension, or government benefit payments (e.g., Social Security), made by the account holder’s employer, payroll or benefits provider or government agency (“Eligible Direct Deposit”) via the Automated Clearing House (“ACH”) Network every 31 calendar days.

Although we do our best to recognize all Eligible Direct Deposits, a small number of employers, payroll providers, benefits providers, or government agencies do not designate payments as direct deposit. To ensure you're earning the APY for account holders with Eligible Direct Deposit, we encourage you to check your APY Details page the day after your Eligible Direct Deposit posts to your SoFi account. If your APY is not showing as the APY for account holders with Eligible Direct Deposit, contact us at 855-456-7634 with the details of your Eligible Direct Deposit. As long as SoFi Bank can validate those details, you will start earning the APY for account holders with Eligible Direct Deposit from the date you contact SoFi for the next 31 calendar days. You will also be eligible for the APY for account holders with Eligible Direct Deposit on future Eligible Direct Deposits, as long as SoFi Bank can validate them.

Deposits that are not from an employer, payroll, or benefits provider or government agency, including but not limited to check deposits, peer-to-peer transfers (e.g., transfers from PayPal, Venmo, Wise, etc.), merchant transactions (e.g., transactions from PayPal, Stripe, Square, etc.), and bank ACH funds transfers and wire transfers from external accounts, or are non-recurring in nature (e.g., IRS tax refunds), do not constitute Eligible Direct Deposit activity. There is no minimum Eligible Direct Deposit amount required to qualify for the stated interest rate. SoFi Bank shall, in its sole discretion, assess each account holder's Eligible Direct Deposit activity to determine the applicability of rates and may request additional documentation for verification of eligibility. See additional details at https://www.sofi.com/legal/banking-rate-sheet.

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