did a little YouTube video about the new evidence, thanks for sharing u/timy234, as well gave a little shoutout to the awesome group/ community here. good luck folks
Hold on HOLD ON… very simple
I am 1000% on everyone’s side hoping charter is announced soon. However, full transparency no official announcement has been made and their website says they are NOT a chartered bank.
We will not see a market reaction until it is officially approved by the OCC.
still waiting
I hope they officially switch on the "Bank" status soon. It will increase my confidence in using them as my primary bank if they have their own FDIC insurance, instead of piggy-backing off a third party's FDIC insurance.
Sorry, I don’t know man I’ve seen people get hype about shorting stocks this could be the same! I didn’t know much about sofi until now after doing some research. I think it will go up now after reading up about it.
Yeh, i am not doubting you, just trying to decipher the situation.
It does look like SOFI was anticipating to make the update though, as any change / release would normally go though a change management process and are reviewed / rubberstamped by stakeholders. This could have been a scheduled update / release.
As to why they are suddenly retracting this update, whether that's due to timing or something else is what i am trying to understand.
I see couple of help pages are broken or not loading properly, may be they are working on some updates . It is definitely a nightmare to update the whole website with new branding. Sofi bank may happen sooner.. maybe in January.
I hope people in the US who own this stock atleast use SOFI too. How do you expect them to grow without our support. Just saying because everyone is asking for screenshots and we hardly got responses
Yeah this post actually encouraged me to put more money into my SoFi money account to reach the $500 minimum (required to use the check deposit feature). Unfortunately, it won't be deposited for 2-3 business days. Also opened a SoFi credit card and got a fantastic rate along with 2% cash back on every purchase, no foreign transaction fees, and no annual fee...I'm kind of blown away at how easy it was and plan in moving all of my accounts to SoFi eventually. Bullish!
What moron would photoshop this? Who has time for that? This looks legit and evidence has been produced by OP. Let’s see if it’s an editing app error or if something happens this week!
Can someone with bank tag put version ID to this thread ?
Also someome that doesnt see the tag please post version ID too, we need to compare versions, maybe it will give insight
If you go in now again, it should show SOFI Money. I checked mine earlier it showed Bank and now back to Money. I think it’s an escaped bug that get rolled back?
Looks like the bug is fixed .. so they are doing some project to update the content. Not sure what is stopping them from giving the news to public. They want to give a big surprise with announcement and app + website switch on the same day?
Same here…however my guess is that for legal licenses these are normally static asset and require app deployment role out. I don’t see new one except last week on iOS..the other SOFI bank on SOFI money deposit could have been via api change and SOFI engineering team control that. Hence we see it tonight.
I don’t think so…But their legal license has not updated to Bank yet so they still have legal recourse to backtrack it..we just have to wait for formal announcement. But this is good leak IMO
Mine says deposit to sofi bank. But says this in legal ,
SoFi Money® is a cash management account, which is a brokerage product, offered by SoFi Securities LLC. Member FINRA/SIPC. Neither SoFi nor nor its affiliates is a bank.
Good point. Even "SoFi Money - XXXX" loads late on the page. I wonder if that will change to "SoFi Bank -XXXX" soon. Will be silly of content writers to only push one change on a page.
Are you seeing SoFi bank as well? I was going to try depositing a check myself, but haven't funded my money account with $500 yet so I am unable to deposit a check.
Does the OCC backdate the posting of their weekly Saturday chartering bulletin? I thought it was strange that it hadn’t been posted yet.
https://www.occ.gov/topics/charters-and-licensing/weekly-bulletin/index-weekly-bulletin.html
HEY GUYS ... you found a super good reason!! there is no weekly bulletin at all!!! So even if it is approved on 31-Dec. There is no update!! You found something cool..
They have lagged by several days pretty consistently. I weirdly l wouldn't expect it till Wed or Thurs. I'm more looking for the monthly listing update personally but either will do.
Yes dev ops principals are put in place to avoid situations like that, however it still happens nearly daily with all types of software companies
The Microsoft store posts video games before they are announced all the time
Not saying this is true, but this happens quite easily. You can test something locally and then deploy to a remote cloud and forget about time zones and/or configuration differences. Lots of these changes would pass code review unless you’re a tight studio that has tests to catch these.
Honestly have no clue, it could be an accidental bug ,maybe they are preparing to have an update on the 3rd and someone accidentaly pushed it with some other changes happens a lot.
But to reach prod idk.. I'm just guessing also I see a lot of people don't have these changes, I think we might find out tommorow 😅
Mine too. 6:53am Monday morning cst
Edit: still hasn't changed
Edit edit: just realized I'm due for an app update but my phone is too full for it to install. Could be why.
Edit edit edit: uninstalled some crap, moved a lot of pictures to sdcard, updated app. Still says money, not bank
This is actually huge info 👀 the announcement
may be very soon. There’s absolutely no reason they would change that to “SOFI bank” if they didn’t have the charter.
I really want to post my screen shots of my check deposit from last week that shows I wrote “for SOFI money” and then show a screenshot that it’s showing me to put “SOFI bank” now, but I don’t want my personal info from the check on Reddit 😂
Am I on the last update? Just updated and still don’t see this change. Also heard there’s app ui updates?
did a little YouTube video about the new evidence, thanks for sharing u/timy234, as well gave a little shoutout to the awesome group/ community here. good luck folks
It’s still Bancorp Bank https://www.thebancorp.com
Mine is still saying sofi money only*
Hold on HOLD ON… very simple I am 1000% on everyone’s side hoping charter is announced soon. However, full transparency no official announcement has been made and their website says they are NOT a chartered bank. We will not see a market reaction until it is officially approved by the OCC. still waiting
I’m a bank. 🙄
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It’s been edited back to SoFi Money on most people’s.
I hope they officially switch on the "Bank" status soon. It will increase my confidence in using them as my primary bank if they have their own FDIC insurance, instead of piggy-backing off a third party's FDIC insurance.
If sofi becomes a bank how will the stock react? I haven’t been following at all! Sorry!
You think we’re all getting hype for this to happen so the stock can do anything but go up…?
Sorry, I don’t know man I’ve seen people get hype about shorting stocks this could be the same! I didn’t know much about sofi until now after doing some research. I think it will go up now after reading up about it.
So its a NOTHING BURGER?! SoFi Bank now switch back to SoFi Money?!
Sofi Bank for me !! BC announcement today?!??
I doubted OP and they delivered with the screenshot of 2022 3 days in… 🔥
Mine switched back from Bank to Money.
Yours switched back?
Yes.
You think this is an unintentional leak? i.e. Dev / Eng team released the update before Noto can make an announcement?
I’m not the one to opine on this type of thing. I’m technologically incompetent.
You are getting our hopes up!!!!! lFG
Did they rollback / reverted the changes?
My friends account said bank last night and now it says money I can post the screen shots if you’d like not that it makes a difference
Yeh, i am not doubting you, just trying to decipher the situation. It does look like SOFI was anticipating to make the update though, as any change / release would normally go though a change management process and are reviewed / rubberstamped by stakeholders. This could have been a scheduled update / release. As to why they are suddenly retracting this update, whether that's due to timing or something else is what i am trying to understand.
I cleared cache and it still says sofi money not sofi bank.
Just checked. Mine says Money not Bank.
Same SoFi Money still for me
Mine says bank
This sounds like a hoax...Mine says SoFi Money
I’m loading SoFi with 10k if anybody need it dm me
Says sofi bank for me…(as shared in the post) https://postimg.cc/kDFH9c80
Fuck yah - award for my fellow reddit buddy here trying to post. Proven update in progress with broken image page! SoFi Bank!!
I see couple of help pages are broken or not loading properly, may be they are working on some updates . It is definitely a nightmare to update the whole website with new branding. Sofi bank may happen sooner.. maybe in January.
I see sofi bank too.
THIS IS POST OF THE DAY! Awards please
Mine still says money
$25 by end of Feb... If market remains bullish maybe 35 by march
I sure hope so, I have Calls expiring April 14th with PT of $25 and $30
SoFi money still for me.
SOFI Bank for me as well
I always use this feature. It was sofi money before. Wow we got it
This is what we need more of in this sub; DD and posts like this and less gambling prediction posts, thank you OP.
This post *will* lead to gambling 🤪👍
Sofi Calls tomorrow??
Yes. I plan to buy into march or april
Yes, buy them, don't sell them
Absolutely
Yeah mine also has it, is real
I hope people in the US who own this stock atleast use SOFI too. How do you expect them to grow without our support. Just saying because everyone is asking for screenshots and we hardly got responses
This needs a new post
Yeah this post actually encouraged me to put more money into my SoFi money account to reach the $500 minimum (required to use the check deposit feature). Unfortunately, it won't be deposited for 2-3 business days. Also opened a SoFi credit card and got a fantastic rate along with 2% cash back on every purchase, no foreign transaction fees, and no annual fee...I'm kind of blown away at how easy it was and plan in moving all of my accounts to SoFi eventually. Bullish!
I have 100 shares in Sofi Invest. Everything else in Fidelity where I can trade options, sell CC's and CSP's.
Anthony Noto really did it before 31-Dec-2021!??!! COME ONE TODAY WILL BE KEY ANNOUCEMENT?
sofi bank on mine
>ey account POST A PICTURE PLEASE!!
What moron would photoshop this? Who has time for that? This looks legit and evidence has been produced by OP. Let’s see if it’s an editing app error or if something happens this week!
Can someone with bank tag put version ID to this thread ? Also someome that doesnt see the tag please post version ID too, we need to compare versions, maybe it will give insight
2.84.3 it says.. updated a week back. It says sofi bank for me 🙌
If you go in now again, it should show SOFI Money. I checked mine earlier it showed Bank and now back to Money. I think it’s an escaped bug that get rolled back?
Looks like the bug is fixed .. so they are doing some project to update the content. Not sure what is stopping them from giving the news to public. They want to give a big surprise with announcement and app + website switch on the same day?
Isn’t this huge. They know people got in trouble calling themselves a bank. They wouldn’t do this unless they could
Money for me.
My body is ready… especially that you provided evidence when nobody believed you, my body believed in you!
F your body.. we want bank charter
How dare you! Yachtshoppings body has been through hell this past year but has always stood ready.
No means NO!!! Respect my body!
Your body's been ready for a while now 🤣
Like biryani forever, my body is forever ready! Loading up more tomorrow! Lesss gooo!
Fuck, maybe Noto pulled it off after all.
Of course they did, months ago
I want this to mean something so bad, but SoFi's a certified tease, she loves to lead me on haha.
😂😂😂 True that!!!
Fuck yah! Noto - my man!
Guys, you can try and delete your app then reinstall, it should refresh the cache, and hopefully say 'SOFI Bank'
At least we’ll increase the number of downloads 😂😂😂
Deleted and reinstalled on iOS. Still SoFi Money.
but what if that deletes all my $
How? Your app, not your account, numpty lol..
What if it deletes my stonks
Take one for the team then
>Stoneteer.. stay in SoFi Money and miss the boat to convert into SoFi BANK!
OP - where you live? Is it a timezone difference that's why some US folks are still SoFi MOney?
EST
What about the legal license page someone mentioned, has that been updated to 'Bank' also?
Oh shit 🚀
Uranus
A platinum award? Bruh that's multiple SoFi shares lmao
Never thought sofi stock watching would turn into Qanon.. but I guess I'm here for it
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Mine still says “sofi and affiliates are not a bank” in the legal section
Same here…however my guess is that for legal licenses these are normally static asset and require app deployment role out. I don’t see new one except last week on iOS..the other SOFI bank on SOFI money deposit could have been via api change and SOFI engineering team control that. Hence we see it tonight.
Ya I am curious though, can an entity call themself a bank without a charter?
I don’t think so…But their legal license has not updated to Bank yet so they still have legal recourse to backtrack it..we just have to wait for formal announcement. But this is good leak IMO
Ya I think an update was pushed out early, how early is the question…
Mine says deposit to sofi bank. But says this in legal , SoFi Money® is a cash management account, which is a brokerage product, offered by SoFi Securities LLC. Member FINRA/SIPC. Neither SoFi nor nor its affiliates is a bank.
WHAT?!
That's bad news? Or just not yet updated!? But then why change from money to bank under deposits?
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I need positive bias as confirmation
NO ONE CARES ABOUT A SINGLE VIOLIN
What does that even mean!?
STOP IT... that whole stretch of sentence is obviously not updated yet..
Someone reply to this man please!
I don’t get this…
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mine still says "for deposit to SoFi Money" on Android
Good point. Even "SoFi Money - XXXX" loads late on the page. I wonder if that will change to "SoFi Bank -XXXX" soon. Will be silly of content writers to only push one change on a page.
Mine still says SoFi money on Android latest version, but thanks for sharing screenshot OP!
Same
can confirm on latest version of android, we will get it later
More people post screenshots of it saying Sofi Bank
Great find!
IS THIS TRUE?! MORE SIMILAR POST TO CONFIRM PLEASE!
What are we looking at here?
Sofi Bank for me. Just checked. Mine was sofi money my last deposit about a week ago. I’m also pretty sure you can’t say Bank without being a bank.
Show mw a picture post of sofi bank please
https://ibb.co/MhqXNPT
HOLY SHIT - SOME AWARDS FOR ZFEIN - PLEASE!! 3rd Image of SoFi Bank!
SoFi BANK!!!! Finally - some light..
Are you seeing SoFi bank as well? I was going to try depositing a check myself, but haven't funded my money account with $500 yet so I am unable to deposit a check.
You may have found the 1st leak. Thanks 🙏 for sharing. Once a bank, SoFi will be a 1 of a kind FinTech neobank.
Absolute Monster of its own kind doing proper finance support for the people.. BIG impact to humanity
No.. many said still SoFi Money - this post is fake - should be deleted...
Critical. You're in rare form today, drink a beer
Thx i seldom get praised for my tough stance on OCC
Sometimes there are staged rollouts
100% true. App changes are rolled out limited/slowly in many cases.
Noted
That would suck if it’s true. Time will tell. Thanks
Been that way for several weeks
Oh ok
Why no one posted previously?
Really?!
Well I'll be damned
When the fukk did this guy become a moderator.........just busting balls Congrats.
Who is right? What is going on?
Still SoFi Money for me on iOS latest update. Deleted app and reinstalled. No change.
Same for me, not sure why there is a discrepancy amongst users.
Where you live?
Damn.. you guys got me confused..
Does the OCC backdate the posting of their weekly Saturday chartering bulletin? I thought it was strange that it hadn’t been posted yet. https://www.occ.gov/topics/charters-and-licensing/weekly-bulletin/index-weekly-bulletin.html
I am checking this page. It updates faster than the weekly bulletin. https://apps.occ.gov/CAAS_CATS/
HEY GUYS ... you found a super good reason!! there is no weekly bulletin at all!!! So even if it is approved on 31-Dec. There is no update!! You found something cool..
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Thanks for clarifying that!
They have lagged by several days pretty consistently. I weirdly l wouldn't expect it till Wed or Thurs. I'm more looking for the monthly listing update personally but either will do.
Weird, I guess they'll post it Monday and date it constantly with their every 7 day update.
It was probably programmed to switch it on 01/02/22 instead of 01/03/22. Maybe tomorrow is the day? We'll see soon.
That would never go past QA teams or even a dev review before commiting these changes
You haven't met the devs I work with.
Yes dev ops principals are put in place to avoid situations like that, however it still happens nearly daily with all types of software companies The Microsoft store posts video games before they are announced all the time
What are your thoughts on how this happened?
Not saying this is true, but this happens quite easily. You can test something locally and then deploy to a remote cloud and forget about time zones and/or configuration differences. Lots of these changes would pass code review unless you’re a tight studio that has tests to catch these.
Honestly have no clue, it could be an accidental bug ,maybe they are preparing to have an update on the 3rd and someone accidentaly pushed it with some other changes happens a lot. But to reach prod idk.. I'm just guessing also I see a lot of people don't have these changes, I think we might find out tommorow 😅
I believe you. People are on edge. It is good info. Thank you. 🙏
At least give it up to OP for producing evidence! A lot of bitching in his earlier thread but showed up with evidence!!
Mine still says Sofi Money
Mine too. 6:53am Monday morning cst Edit: still hasn't changed Edit edit: just realized I'm due for an app update but my phone is too full for it to install. Could be why. Edit edit edit: uninstalled some crap, moved a lot of pictures to sdcard, updated app. Still says money, not bank
you sure?
Yes
Now?
Same.
delete and install your apps again?
No thank you.
WOW mine says SOFI bank too. I deposited a Xmas check last week and I had to write “SOFI money” 🧐🧐🤨
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Mine says “SOFI bank” now. I made a check deposit last week and they told me to write “SOFI money.” This has to mean something
Fuck yah! It is done!!
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This is actually huge info 👀 the announcement may be very soon. There’s absolutely no reason they would change that to “SOFI bank” if they didn’t have the charter.
AGREE!! I am going to buy calls once market open...
Agreed 👍
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How?! how?! SoFi Bank?!
Mine says Sofi money…this is my biggest investment of my life and I have no reason to lie
Still SoFi Money - where you live?
South Carolina
That's why timezone difference...
South Carolina is EST, same as OP.
Unless you live on the northeast coast of Maine or in Europe I’m ahead of you. So what California is getting it done earlier in the day/week then me?
Ok
I really want to post my screen shots of my check deposit from last week that shows I wrote “for SOFI money” and then show a screenshot that it’s showing me to put “SOFI bank” now, but I don’t want my personal info from the check on Reddit 😂
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I’ll make a post
POST IT PLEASE!! We will give you awards
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