5/26/2026 2:05:01 PM | less than a minute read

SoFi buys Peach Finance to boost enterprise fintech platform

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Sarah Wolter

Get in touch

Sarah Wolter

Peach Finance will be integrated into the SoFi Technology Solutions segment, which already includes major FinTech infrastructure players Galileo and Technisys. Peach Finance Co-founder and CEO Eddie Oistacher said the combined platform will offer a comprehensive suite of services, bringing together core banking, ledgering, payments, processing, and risk and fraud capabilities.

The Peach Finance acquisition is part of a broader expansion strategy that has helped SoFi reach 14.7 million members, a 35% year-over-year increase as of early 2026. This growth is fueled by an “Everything Financial Services” app strategy where 43% of new products are now adopted by existing members, significantly deepening engagement across the ecosystem.

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