Fintech Stock SoFi Makes Blockchain Moves
SoFi is pushing deeper into crypto-powered payments, rolling out cross-border transfers inside its app using the Bitcoin Lightning Network as the settlement rail. The feature, built in partnership with Lightspark, lets U.S. users send money to recipients in more than 30 countries, with funds delivered to recipients' bank accounts in local currency.
The flow is designed to feel like a normal remittance: a sender initiates a transfer in U.S. dollars, the transaction is routed over Lightning in the background, and the recipient receives local fiat (for example, euros) directly to their bank account without needing to touch crypto.
The move lands as SoFi’s core business is still growing quickly. The company reported a sharp jump in 2025 performance, including 38% year-over-year adjusted net revenue growth and 13.7 million total members, after adding roughly 1 million new customers in the final quarter of the year.
SoFi has also been rebuilding a broader crypto stack alongside its payments business. It re-launched consumer crypto trading through its nationally chartered bank in November 2025, and later introduced a fully reserved stablecoin, SoFiUSD, positioning it as part of its settlement and payments infrastructure, including SoFi Pay.
For bitcoin, the SoFi integration is another example of a “utility” route to adoption: users may not care about the rails, but they do care about speed, cost, and reliability, especially in remittances, where fees and delays have historically been pain points.
