SoFi stock gains 4.68 percent on Mastercard settlement

SoFi Technologies, Inc. (ISIN US83416M1036) traded at USD 17.765 on Nasdaq at 9:39 a.m. EDT on September 22, 2026, up 4.68 percent from the USD 16.970 prior close. The move followed a payments announcement that puts the companys full Mastercard card program on blockchain-based settlement.

Mastercard program goes live

According to SoFi on September 22, 2026, SoFi Bank became the first nationally chartered bank to go live with stablecoin settlement across Mastercards global payments network. The rollout uses SoFiUSD and covers a card program expected to process more than USD 25 billion in annualized volume.

The immediate market response was measurable: the share price reached USD 17.765 by 9:39 a.m. EDT, compared with USD 16.970 at the previous close. Trading volume had reached 19.82 million shares, or 31.3 percent of the 63.32 million shares traded during the full September 21 session.

Growth remains the counterweight

The payments rollout arrives against a strong second-quarter operating base. According to Yahoo Finance in its September 22, 2026 report, second-quarter lending-adjusted net revenue rose 59 percent year over year to USD 712 million, while loan originations climbed 69 percent to USD 14.8 billion.

According to Investors Business Daily, second-quarter adjusted earnings reached USD 0.12 per share, up 50 percent from a year earlier, while net adjusted revenue increased 40 percent to USD 1.219 billion. Membership rose by 1.1 million during the quarter to 15.8 million.

Credit quality is the key operating counterweight to the growth narrative. Yahoo Finance reported on September 22, 2026 that SoFis core personal-loan portfolio produced a 6.1 percent risk-adjusted margin in the second quarter, based on a 12.9 percent weighted-average coupon, 3.1 percent funding cost and 3.7 percent annualized losses.

Stock remains below yearly high

The September 22 quotation sits inside a USD 14.88 to USD 32.73 52-week range. At USD 17.765, the stock was 19.4 percent above the low but 45.7 percent below the high, leaving the valuation debate tied to whether the new settlement infrastructure can translate into greater transaction volume and adoption.

According to Yahoo Finance, the next earnings date is October 27, 2026. That report will provide the first scheduled operating checkpoint after the Mastercard settlement rollout.

SoFi stock at USD 17.765

SoFi stock traded at USD 17.765 on Nasdaq at 9:39 a.m. EDT on September 22, 2026, up 4.68 percent from the prior close. The market capitalization was USD 21.92 billion at the September 22, 2026 market snapshot.

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