Thanks for the replies.
As a user of their bank product, I can say it has been great. I do not use all their other products, but SOFI is basically a 1-stop-shop for everything financial. I know that’s not a unique concept, but their execution for me has been flawless. Zero friction.
Currently offering 4.3% interest savings account and 1.2% interest checking - with FDIC insurance covering up to $2 million. I also switched my credit card to them and they give a flat 3% cash back for the first year - and they gave a $300 bonus when I first signed up (after meeting certain requirements).
They also offer “BaaS” - Banking as a Service - to other legacy banks. Short article that touches on this side of their business. This was from last year - they already completed this aquisition.