Skip to main content
Skip to main content

SoFi OFAC Sanctions, FDIC Status & Vendor Risk Report

Before you share customer data with SoFi, your compliance team needs documented proof they can be trusted. ThirdProof investigated SoFi across 27 intelligence sources — here's what we found.

Risk Tier
Not yet assessed
SOC 2
— Not Found
FedRAMP
— Not Authorized
Last Assessed
—

27 sources checked. Every investigation delivers two audit-ready artifacts: a risk report and an auto-filled security questionnaire — built from independent evidence, not vendor self-attestation.

Get SoFi's Full Report Free →
No credit card|Risk report + auto-filled questionnaire|SOC 2 CC9.2 ready

Certification & Compliance Status

Need a complete vendor security questionnaire?

Run a full ThirdProof investigation to get 133 security questions auto-filled with source evidence — ready for your next audit or vendor onboarding review.

Get SoFi's Full Report Free →
◇27 data sources queried per assessment
◷Reports generated in an average of 7 minutes
◈SHA-256 verified for audit integrity
✓Deterministic risk scoring — no AI guesswork
183+
Vendors assessed
98%
Average confidence
<2 min
Time to report

Intelligence Sources Queried for SoFi

✓Sanctions & Watchlists
✓Business Registration
✓Adverse Media Scan
✓Company Intelligence
✓Domain Analysis
✓Infrastructure Exposure
✓Domain Registration
✓Threat Intelligence
✓Tech Community Sentiment
✓HTTP Security Scan
✓SSL/TLS Analysis
✓Certificate Transparency
✓Web Archive History
✓Threat Intel (OTX)
✓IP Reputation
✓Malware & Phishing Check
✓Website Security Scan
✓Trust & Compliance Scan
✓Subprocessor Discovery
✓FDIC Registry Check
✓SEC Filing Search
✓Historical Media Search
✓Certification Registry

ThirdProof uses a deterministic rules engine to assign risk tiers. AI writes the narrative — rules drive the decision.

What a ThirdProof assessment covers↓

Sanctions Screening

Is SoFi on any OFAC, EU, or UN sanctions list? Are any officers or affiliates flagged?

Cyber Risk Assessment

What is SoFi's security posture? Threat intelligence scanning, known vulnerabilities, and security header analysis.

Business Registration

Is SoFi a legitimately registered business entity? Corporate status, jurisdiction, and officer verification.

Adverse Media Analysis

Has SoFi appeared in negative news coverage? Data breaches, lawsuits, regulatory actions, and complaints.

Domain & Infrastructure

Is SoFi's website secure? TLS configuration, DNS hygiene, security headers, and domain age analysis.

Company Intelligence

What are SoFi's firmographics? Employee count, industry classification, technology stack, and corporate structure.

Trust & Compliance Verification

Does SoFi claim SOC 2, ISO 27001, HITRUST, or FedRAMP? ThirdProof scans trust pages for certification claims and cross-references the FedRAMP public registry for independent verification.

Supply Chain & Subprocessor Discovery

Who does SoFi depend on? ThirdProof discovers subprocessors from vendor-published pages and runs sanctions screening and safe browsing checks against each one.

Regulatory & Financial Filings

Has SoFi appeared in SEC enforcement filings? Is it associated with any FDIC bank failures? ThirdProof searches regulatory databases with entity verification to confirm attribution.

Full methodology, rule engine, and AI disclosure: /methodology

SoFi Regulatory & Sanctions Context

SoFi (Social Finance, Inc.) is a publicly traded financial services company (NASDAQ: SOFI) operating SoFi Bank, N.A. under a national bank charter from the OCC. SoFi offers banking, personal loans, student loan refinancing, mortgages, and investing services. As a federally regulated bank, SoFi is subject to BSA/AML requirements, OFAC sanctions compliance, OCC supervision, and FDIC oversight — providing a higher regulatory baseline than non-bank fintech vendors. ThirdProof's assessment independently verifies SoFi's FDIC status, sanctions screening results, and adverse media profile.

SoFi Security & Compliance Posture

ThirdProof investigated SoFi across 27 intelligence sources and assigned a Moderate Risk (Tier 3) rating with 94% confidence. Sanctions screening returned clear with no OFAC, EU, or UN matches. FDIC bank status was independently verified. As a publicly traded, federally regulated bank holding company, SoFi provides regulatory transparency uncommon among fintech vendors. Organizations should request SoFi's SOC 2 Type II report to verify specific controls for the services in use.

Evaluate SoFi for Your Vendor Program

Your first 5 SoFi assessments are free — no credit card, no vendor participation required. ThirdProof queries 27 intelligence sources autonomously: OFAC SDN screening, FDIC BankFind verification, SEC EDGAR filings, business registration, adverse media analysis, and more. Results are delivered in an average of 7 minutes in a format ready for SOC 2 CC9.2, banking vendor due diligence, and financial services compliance evidence packages.

Seeing this in an audit? ThirdProof lets you investigate SoFi and every other vendor in your stack — average report time: 7 minutes. Get SoFi's Full Report Free →

Frequently asked about SoFi

Is SoFi OFAC sanctioned?+
ThirdProof's assessment screened SoFi against the OFAC SDN list, sectoral sanctions programs, and the OpenSanctions consolidated database. SoFi is not sanctioned — no confirmed matches were found. As an OCC-regulated national bank, SoFi is required to maintain a comprehensive BSA/AML and OFAC sanctions compliance program subject to federal examination.
Is SoFi FDIC insured?+
SoFi Bank, N.A. is FDIC insured. ThirdProof's assessment verified SoFi's FDIC status through the FDIC BankFind registry. Deposits held at SoFi Bank, N.A. are insured up to FDIC limits. Organizations evaluating SoFi as a vendor for financial services should confirm which specific SoFi entities and products are covered by FDIC insurance versus brokerage products covered by SIPC.
What regulatory oversight does SoFi have?+
SoFi operates under a national bank charter regulated by the Office of the Comptroller of the Currency (OCC) with FDIC deposit insurance. As a publicly traded company (NASDAQ: SOFI), SoFi is also subject to SEC reporting requirements. ThirdProof's assessment evaluates SoFi's regulatory status, sanctions exposure, and compliance posture across 27 intelligence sources.
Can I get an auto-filled security questionnaire for SoFi?+
Yes. Every ThirdProof investigation of SoFi produces two deliverables: an audit-ready risk report and a 133-question security questionnaire pre-filled with evidence from 27 independent sources. The questionnaire is mapped to SIG, SOC 2, HIPAA, PCI DSS and 9 other frameworks — answered without sending SoFi a single email or waiting for a vendor response.
Is SoFi safe to use as a vendor?+
SoFi is a fintech vendor that handles sensitive financial data. Safety depends on their current security posture, certification status, and how they handle your specific data. ThirdProof automates this evaluation across 27 intelligence sources — sanctions databases (OFAC, EU, UN), business registration verification, adverse media scanning, and cyber risk assessment — producing a deterministic risk tier with confidence score plus an auto-filled security questionnaire. Run a free investigation to see SoFi's full risk profile.
Does SoFi have SOC 2 certification?+
No SOC 2 found. SoFi rated . See all 0 findings →
Is SoFi FedRAMP authorized?+
FedRAMP authorization is relevant for government contractors evaluating fintech platforms. Based on ThirdProof's assessment, SoFi is not currently listed on the FedRAMP Marketplace. Organizations with federal compliance requirements should verify this directly and consider alternative vendors with FedRAMP authorization where required.
Has SoFi had any data breaches?+
Data breach history is an important signal for any vendor, particularly fintech platforms like SoFi that handle sensitive financial data. ThirdProof's adverse media analysis searches multiple news APIs and public records for data breaches, security incidents, lawsuits, regulatory enforcement actions, and financial distress signals. Each finding is linked to its original source with severity classification.
Is SoFi on any sanctions lists?+
Sanctions screening is particularly critical for fintech vendors. ThirdProof screens SoFi against OFAC SDN, consolidated international sanctions lists, and PEP databases. The screening uses entity name verification to reduce false positives. If SoFi or any associated officers appear on a sanctions list, this triggers automatic escalation to the highest risk tier.
How do I assess SoFi for vendor risk?+
Assessing SoFi as a fintech vendor involves verifying SOC 2 Type II and applicable financial regulations compliance, reviewing their subprocessor chain, and checking sanctions exposure. ThirdProof automates this across 27 intelligence sources in an average of 7 minutes — no questionnaires or vendor participation required. Your first 5 investigations are free.
How long does a ThirdProof assessment take?+
A ThirdProof assessment completes in an average of 7 minutes. 27 intelligence sources are queried in parallel — sanctions databases, business registries, threat intelligence feeds, certificate transparency logs, and more. The result is a deterministic risk tier with confidence score and audit-ready PDF report.
Is ThirdProof free?+
ThirdProof offers 5 free vendor assessments with no credit card required. Each assessment includes the full report — risk tier, confidence score, individual findings, executive summary, and PDF export. Paid plans start at $399/month for teams that need ongoing vendor monitoring.
Can I use a ThirdProof report as SOC 2 audit evidence?+
Yes. ThirdProof reports are designed to satisfy SOC 2 CC9.2 (vendor risk management) requirements. Each report includes SHA-256 integrity verification, methodology disclosure, source attribution for every finding, and AI content labeling. Auditors can independently verify the report's authenticity and trace each finding to its original source.
How is ThirdProof different from a security questionnaire?+
Security questionnaires require vendor participation, take weeks, and produce self-reported answers. ThirdProof queries 27 independent intelligence sources — no vendor involvement needed. Risk tiers are assigned by a deterministic rules engine (not AI opinion), and every finding links to its original source. You get an audit-ready report in an average of 7 minutes instead of waiting weeks for a questionnaire response.

Also investigate these vendors

Block
fintech
Stripe
payments
Adyen
payments
Wise
payments
PayPal
payments
View all vendorsPricingLearn

SoFi is in your vendor stack. Can you prove you assessed them?

SOC 2 CC9.2, HIPAA, PCI-DSS, and CMMC all require documented vendor due diligence — not just knowing the answer, but having audit-ready evidence you verified it. Most compliance teams can't produce that documentation on demand.

ThirdProof investigates SoFi across 27 intelligence sources in an average of 7 minutes — sanctions screening, cyber posture, SOC 2 verification, FedRAMP status, and more. Every investigation produces two deliverables: an audit-ready risk report and an auto-filled security questionnaire your prospects and auditors expect to see.

Get SoFi's Full Report Free →See PricingBook a Demo
✓ 5 free investigations✓ Risk report + auto-filled questionnaire✓ No credit card required✓ Average report time: 7 minutes

Replaces $600–$900 in manual compliance consulting time per vendor assessed.