SoFi announced the launch of The Fundamentals of Personal Finance Specialization in partnership with Coursera, one of the world's leading online learning platforms. The program, comprising five courses created by SoFi and their team of in-house financial planners, will provide members with the basic fundamentals of personal finance, including an introduction to personal finances, saving for the future, managing debt, fundamentals of investing, and the basics of risk management. A mere half of Americans grasp personal finance concepts like managing debt, risk management, and saving for retirement. Over the last five years, financial literacy has improved by only 3% amongst Americans.

The Fundamentals of Personal Finance will incorporate SoFi's house view of financial planning coupled with tips from credentialed financial professionals to break down barriers and help consumers understand everything from credit scores, cash flow, budgeting, investing, debt across all categories, and different insurance offerings. Members and non-members who enroll for a fee can take any or all of the five courses and access the graded assessments to earn course certificates. Members who visit the courses for free can still access the full videos, activities, and readings but will not have access to the graded assessments or the ability to earn course certificates.

SoFi members, employees of SoFi at Work employer partners, and affiliates of the company's association partners, all have access to membership benefits, which include access to meet with financial planners, complimentary career services through an exclusive partnership with Korn Ferry, as well as live experiences that have gone digital during the pandemic.