SoFi launches Big Business Banking platform with 24/7 fiat, crypto, and SoFiUSD settlement

On Thursday, SoFi Technologies launched SoFi Big Business Banking, enabling U.S. enterprises to hold deposits, move money, and settle in fiat, SoFiUSD, and select cryptocurrencies 24/7 from SoFi Bank, N.A. The company says the platform combines a nationally chartered bank’s regulatory framework with API-based rails designed to reduce settlement delays tied to traditional banking hours.