Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Director not Standing for Election



On April 1, 2022, Mr. Michel Combes and Mr. Carlos Medeiros notified the Board
of Directors of SoFi Technologies, Inc. ("SoFi") that they have decided not to
stand for re-election as directors of SoFi. Both Mr. Combes and Mr. Medeiros are
expected to continue as directors until the expiration of their respective terms
at the SoFi 2022 annual shareholders meeting. The decisions of Mr. Combes and
Mr. Medeiros were not the result of any disagreement with SoFi on any matter
relating to the operations, policies or practices of SoFi.

In connection with the decisions of Mr. Combes and Mr. Medeiros not to stand for
re-election as directors of SoFi, on April 1, 2022, Delaware Project 10 L.L.C.,
an affiliate of Softbank Group Corp., notified SoFi of its waiver of its and its
affiliates' rights to designate three nominees to the Board of Directors of
SoFi, including one independent nominee, under Sections 3.3(a) and 3.4(a) of
that certain Shareholders' Agreement, dated May 28, 2021, by and among SoFi, SCH
Sponsor V, LLC, and certain former shareholders of Social Finance, Inc.
identified on the signature pages thereto (the "Shareholders' Agreement").

Director Resignation



On April 5, 2022, Mr. Clay Wilkes notified the Board of Directors of SoFi of his
resignation from service as a director of SoFi, effective immediately. The
resignation of Mr. Wilkes was not the result of any disagreement with SoFi on
any matter relating to the operations, policies or practices of SoFi.

In connection with Mr. Wilkes' resignation, on April 5, 2022, Red Crow Capital,
LLC notified SoFi of its waiver of its rights to designate two nominees to the
Board of Directors of SoFi pursuant to the Shareholders' Agreement.

On April 6, 2022, SoFi issued a press release relating to the matters described in Item 5.02. The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.



(d) Exhibits

Exhibit No.            Description

  99.1                   Press release     of SoFi Technologies, Inc.    , dated     A    pril 6    ,
                       2022
104                    Cover Page Interactive Data File (embedded within

the inline XBRL document)



                                       1

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses