SoFi Technologies has unveiled SoFi Big Business Banking, a new platform designed to let U.S. businesses and institutional clients manage fiat deposits, wire transfers, and digital asset settlements through a single nationally chartered bank. The company says the service operates 24 hours a day, 7 days a week, 365 days a year, aiming to solve a long-standing problem in business finance: traditional banking systems that effectively pause outside standard business hours.
The launch positions SoFi as a more direct participant in the growing market for regulated crypto-enabled banking infrastructure. Rather than forcing clients to rely on separate banks, custodians, payment providers, and crypto service firms, the company is packaging those functions into one enterprise-facing offering built on the balance sheet and regulatory framework of SoFi Bank, N.A.
A Regulated Alternative to Fragmented Banking Rails
SoFi framed the product as a response to the operational realities of modern companies that move capital globally and around the clock. According to CEO Anthony Noto, businesses increasingly need banking tools that match a nonstop international economy, while many conventional banks still operate on weekday schedules that create cutoffs, delays, and settlement frictions.
Noto said the new platform combines the strength and regulatory oversight of a nationally chartered bank with the speed, flexibility, and scale required for real-time movement of funds and digital assets. That distinction matters because many crypto-linked financial products in recent years have depended on partner-bank structures or offshore arrangements rather than a directly regulated U.S. banking entity.
By contrast, SoFi said its platform is anchored in SoFi Bank, N.A., which holds a national bank charter and has direct access to the Federal Reserve system. Clients also receive FDIC-insured deposit accounts and institutional-grade banking capabilities, giving the offering a compliance profile that differs from fintech workarounds built on third-party rails.
Built on SoFi’s 2025 Crypto and Stablecoin Push
The enterprise launch did not emerge in isolation. It follows two moves SoFi made in late 2025 that laid the foundation for a broader regulated digital asset strategy. In November 2025, the company became the first nationally chartered FDIC-insured bank to offer retail crypto trading, allowing consumers to buy, sell, and hold assets such as bitcoin, ether, and solana directly within the SoFi app.
Then in December, SoFi Bank issued SoFiUSD, a fully reserved dollar stablecoin operating on a public, permissionless blockchain. With Big Business Banking, the company is now extending those capabilities to corporations and institutional users, creating a single environment where clients can hold U.S. dollar deposits, transfer fiat or SoFiUSD, and settle transactions in select cryptocurrencies.
According to the announcement, the product is intended for businesses that need to operate across both traditional and digital finance without stitching together multiple service providers. That includes firms managing cross-border treasury, trading operations, liquidity movements, and always-on settlement demands that do not fit neatly into standard banking windows.
24/7 API-Driven Transfers and Stablecoin Conversion
A central feature of the platform is its API-based architecture, which enables enterprises to move funds at any time instead of waiting for the next banking day. SoFi says this reduces the settlement lag that often affects international transactions when conventional banking systems close for nights, weekends, or holidays.
At the core of the digital asset layer is a mint-and-burn mechanism tied to SoFiUSD. Businesses can convert fiat currency into the stablecoin instantly, while reserves remain within SoFi’s regulated banking environment. This structure is meant to give clients blockchain-based transfer utility without moving outside the bank’s controlled reserve framework.
The company said the platform is expected to use Solana among its blockchain settlement networks, alongside other chains. While SoFi did not present the full multi-chain architecture in the release, it identified SoFiUSD as the primary digital asset rail for the enterprise product.
The broader idea is operational unification. A single interface handles traditional banking activity and digital asset functions together, reducing the complexity that companies face when they must separately manage bank accounts, custodians, payment processors, and crypto infrastructure vendors.
Institutional Rollout Begins With 10 Companies
SoFi disclosed that 10 companies are participating in the initial institutional rollout tied to the launch of SoFiUSD and the broader regulated infrastructure stack. Those firms are Cumberland, Bullish, BitGo, B2C2, Fireblocks, Wintermute, Galaxy, Jupiter, Mesh Payments, and Mastercard.
The inclusion of these names gives an indication of the market segment SoFi is targeting: trading firms, crypto infrastructure providers, custodians, liquidity specialists, payments companies, and major financial networks. Several of these firms already play important roles across the digital asset ecosystem, and their early involvement suggests that SoFi is aiming well beyond a basic corporate checking product.
The company also highlighted that its backend capabilities are powered by Galileo, SoFi’s financial technology platform. Galileo currently supports more than 128 million accounts globally across fintechs, financial institutions, and branded financial programs. That existing infrastructure is likely to be a key factor in SoFi’s effort to scale the enterprise platform over time.
Mastercard Connection Extends the Stablecoin Ambition
The launch follows another notable announcement involving Mastercard. Earlier, SoFi Technologies and Mastercard said they would enable settlement in SoFiUSD across Mastercard’s global payments network. While the details of the implementation were not expanded in this article, the partnership signals that SoFi is pursuing a larger ambition than simply offering crypto-friendly business accounts.
If stablecoin settlement can be integrated into major payment rails while remaining inside a regulated bank structure, SoFi could position itself as a bridge between conventional financial institutions and crypto-native payment infrastructure. That would be especially significant at a time when stablecoins are moving from niche trading tools toward broader payment and treasury use cases.
Why the Launch Matters for the Market
The service is currently focused on enterprise and institutional customers, and SoFi has not announced broader availability for small businesses. At the time of launch, the company reported 13.7 million members, and its shares trade on Nasdaq under the ticker SOFI.
Strategically, the rollout marks one of SoFi’s clearest steps yet toward becoming a provider of regulated crypto-banking infrastructure for institutions. That matters because the institutional crypto banking segment has remained unsettled since the collapse of Silvergate and Signature in 2023. In the aftermath, many crypto firms relied on informal or fragmented arrangements with smaller banks and specialized providers to maintain access to fiat rails and settlement services.
SoFi is now attempting to fill part of that gap with a product built around a nationally chartered bank rather than an ad hoc banking network. Whether that model gains wide adoption will depend on execution, institutional demand, regulatory comfort, and the practical performance of stablecoin-based settlement at scale. But on its face, Big Business Banking represents a meaningful attempt to bring regulated banking, stablecoins, and crypto settlement into one enterprise-ready stack.
For the digital asset industry, the launch is notable not because it introduces an entirely new technology, but because it places familiar crypto functions inside a more formal U.S. banking wrapper. For businesses that need both compliance and speed, that combination may prove more compelling than the patchwork solutions that have dominated the market in recent years.