What technology stack does SoFi run?
SoFi owns most of its banking stack. Galileo, bought for $1.2 billion in 2020, processes payments and card issuing, and Technisys, bought in 2022, supplies core banking; CEO Anthony Noto said in May 2026 that SoFi Money would move in July to 'a new modern core that's in the cloud', the next version of the Technisys core. Both are sold to other firms through SoFi Technology Solutions, whose Galileo platform joined the AWS Partner Network in October 2025 and which also sells the Cyberbank Konecta conversational AI engine and an AI/ML payment-risk platform. The member app is a Flutter monorepo of more than two million lines with over 40,000 automated tests, where a July 2026 design-system migration used LLM tools in every phase: an in-house review bot on Claude on Amazon Bedrock, Claude iterating tests to 80% coverage, and Gitar.ai and Cequence for review and MCP authentication. Data comes in through Relay, which links more than 12,000 institutions and feeds SoFi Coach. Risk decisioning runs on Oscilar. The Technology Platform's own revenue fell 23% to $84.5 million in Q2 2026 as Galileo accounts fell to 134.8 million. SoFi has not published its cloud contracts or technology spend.[1][2][3][4][5][6][7][8]
Data as of Oct 16, 2026 · SoFi profile updated Oct 13, 2026 · 16 sources cited on this page · 140 banks profiled on this site · Markdown
Which platforms make up SoFi's technology stack?
| Layer | What it is | Owned or bought | Date |
|---|---|---|---|
| Core banking | Technisys core; SoFi Money to move to a new, cloud-based version of it | Owned (Technisys, 2022) | July 2026 (planned)[1] |
| Payments processing and issuing | Galileo's API platform for cards, real-time transactions and fraud prevention; on the AWS Partner Network | Owned (Galileo, 2020) | October 16, 2025[2][1] |
| Conversational AI | Cyberbank Konecta, an intelligent digital assistant 'powered by deep learning models', in SoFi's member support and sold to banks | Owned | August 2023[4][9] |
| Payment risk | Galileo Instant Verification Engine and Transaction Risk GScore (ML risk scoring); seven risk and fraud products with models using 600-plus data points | Owned | 2024-2026[10][11] |
| Account aggregation | Relay connects to 12,000-plus institutions and holds the member's complete financial picture used by Coach | Built | 2026[6][7] |
| Credit and fraud decisioning | Oscilar AI Risk Decisioning for underwriting, collections and fraud | Bought | June 2026 (reported)[8] |
| Mobile app | Flutter monorepo, 2 million-plus lines, 40,000-plus tests, 150-plus contributors, weekly releases | Built | July 6, 2026[5] |
| Engineering AI | Merge-review bot on Claude on Amazon Bedrock; Gitar.ai; Cequence for MCP authentication | Bought and built | July 6, 2026[5] |
| Loan servicing | Peach Finance's loan-servicing platform joined the Technology Platform | Acquired | 2026[3] |
How does SoFi use AI in software engineering?
SoFi's July 2026 engineering post says the team started using LLM tools in Q2 2025 and that adoption 'is now indispensable in all our workflows'. The design-system migration used LLMs from scoping to code review, with repo-level skills and AGENTS.md files and an MCP wrapper for internal tools.[5]
A data engineer's profile on the same blog says SoFi sought 'a scalable, foundational data platform to support analytics, machine learning, and eventually, AI-driven financial experiences' from 2022, and that data engineers join product work 'from day one'.[7]
Noto told Bloomberg Tech on July 29, 2026 that AI is boosting engineering productivity and customer service.[12]
How is SoFi's technology platform business performing?
| Metric | Value | As of |
|---|---|---|
| Technology Platform net revenue, Q2 2026 | $84.5 million, down 23% year on year | June 30, 2026[3] |
| Galileo total accounts | 134.8 million, from 160.0 million a year earlier | June 30, 2026[3] |
| Konecta share of conversations without human intervention | 60% | September 30, 2025[13] |
| Rebrand | Galileo and Technisys rebranded SoFi Technology Solutions | 2026[14] |
What does the SoFi profile record on this topic?
The rows below are the entries of the SoFi AI strategy profile that bear on this page, as of Oct 13, 2026; the profile holds the full record of 35 dated moves, 17 use cases and 47 sources.
| Use case | What the record shows | Status | Source |
|---|---|---|---|
| AI-assisted software engineering | LLM tools in scoping, coding, review and testing of the mobile monorepo. | In production | [5] |
| Conversational AI support (Galileo Konecta) | 50% lower chat abandonment, 65% faster responses. | In production | [15] |
| AI/ML real-time payment-risk platform for clients | Technology Platform add-on that uses AI and machine learning for clients' payment-fraud mitigation, sold alongside a conversational AI engine. | In production | [3] |
| Claude-based code review and agentic test loops | An in-house review bot on Claude on Bedrock, Claude iterating tests to 80% coverage, repo-level skills and AGENTS.md files, and an MCP wrapper for internal tools; the blog says LLM tools are now 'indispensable' in mobile workflows. | In production | [5] |
| Galileo Instant Verification Engine and Transaction Risk GScore | Real-time external-account and ownership verification plus a machine-learning risk score sold to Galileo clients; SoFi's risk platform now lists seven products whose models often use over 600 data points per decision. | In production | [10][11] |
| Date | Move | Detail | Source |
|---|---|---|---|
| Aug 6, 2026 | Q2 10-Q: Technology Platform shrinks; AI named as a cyber threat | Technology Platform net revenue fell 23% to $84.5 million and accounts to 134.8 million; $52.5 million of SoFiUSD was outstanding; the filing says threat actors increasingly use AI to scale attacks. | [3] |
| Aug 6, 2026 | Q2 10-Q: Composer and Peach acquisitions closed | Composer (AI investing in 'everyday language') joins Financial Services; Peach Finance's loan-servicing platform joins the Technology Platform, which also sells a conversational AI engine and an AI/ML payment-risk platform. | [3] |
| Jul 6, 2026 | Engineering blog names Claude, Gitar.ai and Cequence | An in-house merge-review-bot runs on Claude on Bedrock, Claude iterates tests to 80% coverage, Gitar.ai reviews merge requests, and Cequence handles MCP authentication across a monorepo with more than 150 contributors and weekly releases. | [5] |
| Jul 6, 2026 | AI-executed mobile design-system migration | LLM tools in every phase of a two-million-line Flutter migration. | [5] |
| Apr 29, 2026 | Q1 call: credit-model tests and a 600-data-point risk platform | Noto says Personal Loan Doc Coach uses AI to validate pay stubs, SoFi is testing credit-model features on enhanced data pools, and the risk and fraud platform has seven products whose models often use over 600 data points per decision. The Galileo and Technisys business is being rebranded SoFi Technology Solutions. | [11][14] |
| Oct 8, 2025 | SoFi Tech Solutions publishes agentic-payments guide | A strategic guide for banks and fintechs on AI agents that execute payments; it describes a market view and Galileo products for fraud controls, not an agent-payment product SoFi has launched. | [16] |
| Jul 14, 2025 | SoFi Tech Solutions on conversational AI | SoFi's own deployment of Galileo's Konecta cut chat abandonment 50% and sped responses 65%. | [15] |
| Sep 10, 2024 | Galileo launches ML risk score for clients | Galileo Instant Verification Engine and the Transaction Risk GScore add real-time account verification and machine-learning risk scoring to its Payment Risk Platform. | [10] |
What core banking system does SoFi use?
SoFi uses the Technisys core it bought in 2022. In May 2026 CEO Anthony Noto said SoFi Money would roll out in July on 'a new modern core that's in the cloud', which he described as taking the Technisys core 'to the next level and the next version of it'.
Does SoFi run on AWS?
SoFi has not disclosed its primary cloud in filings. Galileo, its payments platform, joined the AWS Partner Network on October 16, 2025, and SoFi's engineering team uses Claude through Amazon Bedrock for code review and test generation.
How does SoFi use AI to write software?
Per its engineering blog (July 6, 2026), LLM tools ran through every phase of a design-system migration across a two-million-line Flutter monorepo: a merge-review bot on Claude on Bedrock, Claude iterating tests to 80% coverage, Gitar.ai for review, and Cequence for MCP authentication.
What is SoFi Technology Solutions?
The 2026 brand for Galileo and Technisys, the payments, core-banking and AI products SoFi sells to other institutions, including the Cyberbank Konecta conversational engine and an AI/ML payment-risk platform. Its net revenue fell 23% to $84.5 million in the second quarter of 2026.
- SoFi Money To Get New Core In July, Says CEO Anthony Noto
- Galileo, SoFi's Tech Platform, Joins the AWS Partner Network
- SoFi Technologies, Inc. Quarterly Report on Form 10-Q, quarter ended 30 June 2026
- Galileo's AI-Driven Intelligent Digital Assistant Cyberbank Konecta Enhances SoFi Member Experience
- Leveraging AI for Executing a Complex Mobile Migration
- Introducing SoFi Coach: An AI-Powered Financial Guide to Help Members Get Their Money Right
- Built For You, By Us: How Gaurav Puts Members at the Center of SoFi's Tech
- Oscilar Launches Agent Hub, the First Unified AI Agent Platform Spanning Fraud, Compliance, Credit, and Onboarding
- SoFi Tech Platform Drives Revenue Growth, Expands Beyond Financial Services in Q2
- Galileo Launches Instant Account Verification and Machine Learning Risk Score to Secure Financial Transactions Amid Escalating Cyber Threats
- SoFi (SOFI) Q1 2026 Earnings Call Transcript
- SoFi Doubles Down on AI Despite Market Pullback (Bloomberg Tech interview)
- Why Do Banking Chatbots Have Such Low Customer Satisfaction Rates?
- Introducing SoFi Tech Solutions: A Unified Brand Built to Power End-to-End Financial Innovation
- Why Your Bank's Chatbot Isn't Working (And What Comes Next)
- The Agentic Payments Revolution: A Strategic Guide for Banks and Fintechs
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