--- description: Find out why SoFi was selected for the list title: TIME100 Most Influential Companies 2022: SoFi image: https://static.time.com/v3/assets/bltea6093859af6183b/blt7b5034b380d37b07/698a3035457a52f5d9d66425/T100-Companies-P-SoFi.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 --- Mar 30, 2022 # SoFi New bank on the block by [Jared Lindzon](/author/jared-lindzon/)  SoFi CEO Anthony Noto. SoFi CEO Anthony Noto.Sean M. Haffey—Getty Images After making a name for itself via student-loan refinancing, financial-­technology darling SoFi last year launched a bevy of new offerings, including a credit card, an auto-loan-refinancing tool, IPO investing options, and more. It also became the first full-service financial-­technology startup to receive a formal U.S. banking license, a big step on the way to becoming a fully fledged major bank. “We’re changing what banking is and feels like,” says CEO Anthony Noto. “And we won’t stop until we’re one of the top 10 financial institutions in the country.” _A weekly newsletter featuring conversations with the world’s top CEOs, managers, and founders._ [_Join the Leadership Brief_](https://cloud.newsletters.time.com/signup?nln=leadership&source=100companies "undefined"). ```json [{"@context":"https://schema.org","@type":"Article","@id":"https://time.com/collections/time100-companies-2022/6159470/sofi/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/collections/time100-companies-2022/6159470/sofi/"},"headline":"SoFi","datePublished":"2022-03-30T10:23:28.000Z","dateModified":"2026-03-03T00:01:26.249Z","description":"","url":"https://time.com/collections/time100-companies-2022/6159470/sofi/","keywords":["TIME100 Companies","T100Companies2022","sponsorshipblock"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blt7b5034b380d37b07/698a3035457a52f5d9d66425/T100-Companies-P-SoFi.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Jared Lindzon","jobTitle":"","url":"https://time.com/author/jared-lindzon/"}],"creator":"Jared Lindzon","articleSection":"","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blt7b5034b380d37b07/698a3035457a52f5d9d66425/T100-Companies-P-SoFi.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https://time.com/collections/time100-companies-2022/6159470/sofi/","name":"SoFi"}}]}] ```