10-Q Filing

SOFI TECHNOLOGIES, INC. CIK: 1818874 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001818874-21-000037`
Period End Date	20210630
Filing Date	20210816
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	sofi-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 102 Income Statement 132 Cash Flow Statement 141 Stockholders Equity 108

Balance Sheet 102 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$641.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$872.58M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$461.92M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$306.53M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$450.85M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$254.62M	USD	Point-in-time
Loans	`NotesReceivableNet`	$4.73B	USD	Point-in-time
Loans	`NotesReceivableNet`	$4.88B	USD	Point-in-time
Servicing rights	`ServicingAssetAtFairValueAmount`	$184.02M	USD	Point-in-time
Servicing rights	`ServicingAssetAtFairValueAmount`	$159.77M	USD	Point-in-time
Servicing rights	`ServicingAssetAtFairValueAmount`	$161.24M	USD	Point-in-time
Servicing rights	`ServicingAssetAtFairValueAmount`	$149.60M	USD	Point-in-time
Servicing rights	`ServicingAssetAtFairValueAmount`	$201.62M	USD	Point-in-time
Servicing rights	`ServicingAssetAtFairValueAmount`	$209.92M	USD	Point-in-time
Securitization investments	`InterestsContinuedToBeHeldByTransferorFairValue`	$496.94M	USD	Point-in-time
Securitization investments	`InterestsContinuedToBeHeldByTransferorFairValue`	$407.78M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$107.53M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	-	USD	Point-in-time
Property, equipment and software	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$95.12M	USD	Point-in-time
Property, equipment and software	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$81.49M	USD	Point-in-time
Goodwill	`Goodwill`	$899.27M	USD	Point-in-time
Goodwill	`Goodwill`	$898.53M	USD	Point-in-time
Loans, allowance for credit loss	`FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest`	$691.00K	USD	Point-in-time
Loans, allowance for credit loss	`FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest`	$219.00K	USD	Point-in-time
Other assets, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$562.00K	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$317.80M	USD	Point-in-time
Other assets, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$1.23M	USD	Point-in-time
Other assets, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$919.00K	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$355.09M	USD	Point-in-time
Redeemable preferred stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Redeemable preferred stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$116.86M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$113.28M	USD	Point-in-time
Redeemable preferred stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Redeemable preferred stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	570.56M	shares	Point-in-time
Redeemable preferred stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	100.00M	shares	Point-in-time
Redeemable preferred stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	100.00M	shares	Point-in-time
Related party notes receivable	`DueFromRelatedParties`	$17.92M	USD	Point-in-time
Related party notes receivable	`DueFromRelatedParties`	-	USD	Point-in-time
Other assets	`OtherAssets`	$136.08M	USD	Point-in-time
Redeemable preferred stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	469.15M	shares	Point-in-time
Redeemable preferred stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	3.23M	shares	Point-in-time
Other assets	`OtherAssets`	$164.75M	USD	Point-in-time
Total assets	`Assets`	$7.65B	USD	Point-in-time
Redeemable preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	404.17M	shares	Point-in-time
Redeemable preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	3.23M	shares	Point-in-time
Redeemable preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	469.15M	shares	Point-in-time
Redeemable preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	469.15M	shares	Point-in-time
Redeemable preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	404.17M	shares	Point-in-time
Redeemable preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	496.09M	shares	Point-in-time
Total assets	`Assets`	$8.56B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	3.10B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	789.17M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	794.69M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	115.08M	shares	Point-in-time
Accounts payable, accruals and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$317.94M	USD	Point-in-time
Accounts payable, accruals and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$412.95M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	115.08M	shares	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$139.80M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	794.69M	shares	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$135.49M	USD	Point-in-time
Total loans at fair value	`LoansReceivableFairValueDisclosure`	$4.69B	USD	Point-in-time
Debt	`DebtLongtermAndShorttermCombinedAmount`	$2.32B	USD	Point-in-time
Debt	`DebtLongtermAndShorttermCombinedAmount`	$4.80B	USD	Point-in-time
Total loans at fair value	`LoansReceivableFairValueDisclosure`	$4.86B	USD	Point-in-time
Residual interests classified as debt	`BeneficialInterest`	$118.30M	USD	Point-in-time
Total loans	`NotesReceivableNet`	$4.73B	USD	Point-in-time
Total loans	`NotesReceivableNet`	$4.88B	USD	Point-in-time
Residual interests classified as debt	`BeneficialInterest`	$112.55M	USD	Point-in-time
Redemption amount	`TemporaryEquityAggregateAmountOfRedemptionRequirement`	$3.21B	USD	Point-in-time
Warrant liabilities	`WarrantLiability`	$200.25M	USD	Point-in-time
Warrant liabilities	`WarrantLiability`	$239.34M	USD	Point-in-time
Redemption amount	`TemporaryEquityAggregateAmountOfRedemptionRequirement`	$323.40M	USD	Point-in-time
Warrant liabilities	`WarrantLiability`	$39.96M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.13B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.51B	USD	Point-in-time
Commitments, guarantees, concentrations and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments, guarantees, concentrations and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$2.44B	USD	Point-in-time
Redeemable preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$3.17B	USD	Point-in-time
Redeemable preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$3.25B	USD	Point-in-time
Redeemable preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$320.37M	USD	Point-in-time
Redeemable preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$2.44B	USD	Point-in-time
Redeemable preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$3.17B	USD	Point-in-time
Common stock	`CommonStockValue`	$79.00K	USD	Point-in-time
Common stock	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.25B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$579.23M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-166.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-512.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.04B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-699.18M	USD	Point-in-time
Total permanent equity (deficit)	`StockholdersEquity`	$-339.06M	USD	Point-in-time
Total permanent equity (deficit)	`StockholdersEquity`	$-120.11M	USD	Point-in-time
Total permanent equity (deficit)	`StockholdersEquity`	$-352.51M	USD	Point-in-time
Total permanent equity (deficit)	`StockholdersEquity`	$-441.03M	USD	Point-in-time
Total permanent equity (deficit)	`StockholdersEquity`	$4.21B	USD	Point-in-time
Total permanent equity (deficit)	`StockholdersEquity`	$-293.64M	USD	Point-in-time
Total liabilities, temporary equity and permanent equity (deficit)	`LiabilitiesAndStockholdersEquity`	$7.65B	USD	Point-in-time
Total liabilities, temporary equity and permanent equity (deficit)	`LiabilitiesAndStockholdersEquity`	$8.56B	USD	Point-in-time

Income Statement 132 line items

Line Item	Tag	Value	Unit	Period
Loans	`InterestAndFeeIncomeLoansAndLeases`	$77.48M	USD	1 Quarter
Loans	`InterestAndFeeIncomeLoansAndLeases`	$79.68M	USD	1 Quarter
Loans	`InterestAndFeeIncomeLoansAndLeases`	$156.90M	USD	2 Qtrs
Loans	`InterestAndFeeIncomeLoansAndLeases`	$163.60M	USD	2 Qtrs
Securitizations	`InterestIncomeSecuritizations`	$13.56M	USD	2 Qtrs
Securitizations	`InterestIncomeSecuritizations`	$8.26M	USD	2 Qtrs
Securitizations	`InterestIncomeSecuritizations`	$6.50M	USD	1 Quarter
Securitizations	`InterestIncomeSecuritizations`	$3.79M	USD	1 Quarter
Related party notes	`InterestIncomeRelatedParty`	$1.93M	USD	2 Qtrs
Related party notes	`InterestIncomeRelatedParty`	$879.00K	USD	1 Quarter
Related party notes	`InterestIncomeRelatedParty`	$211.00K	USD	2 Qtrs
Related party notes	`InterestIncomeRelatedParty`	-	USD	1 Quarter
Other	`InterestIncomeOther`	$4.25M	USD	2 Qtrs
Other	`InterestIncomeOther`	$636.00K	USD	1 Quarter
Other	`InterestIncomeOther`	$1.20M	USD	1 Quarter
Other	`InterestIncomeOther`	$1.26M	USD	2 Qtrs
Total interest income	`InterestIncomeOperating`	$183.35M	USD	2 Qtrs
Total interest income	`InterestIncomeOperating`	$86.06M	USD	1 Quarter
Total interest income	`InterestIncomeOperating`	$84.11M	USD	1 Quarter
Total interest income	`InterestIncomeOperating`	$166.64M	USD	2 Qtrs
Securitizations and warehouses	`InterestExpenseSecuritizationsAndWarehouses`	$26.25M	USD	1 Quarter
Securitizations and warehouses	`InterestExpenseSecuritizationsAndWarehouses`	$87.20M	USD	2 Qtrs
Securitizations and warehouses	`InterestExpenseSecuritizationsAndWarehouses`	$56.06M	USD	2 Qtrs
Securitizations and warehouses	`InterestExpenseSecuritizationsAndWarehouses`	$39.68M	USD	1 Quarter
Corporate borrowings	`InterestExpenseBorrowings`	$4.50M	USD	2 Qtrs
Corporate borrowings	`InterestExpenseBorrowings`	$3.42M	USD	1 Quarter
Corporate borrowings	`InterestExpenseBorrowings`	$6.39M	USD	2 Qtrs
Corporate borrowings	`InterestExpenseBorrowings`	$1.38M	USD	1 Quarter
Other	`InterestExpenseOther`	$900.00K	USD	2 Qtrs
Other	`InterestExpenseOther`	$468.00K	USD	1 Quarter
Other	`InterestExpenseOther`	$224.00K	USD	1 Quarter
Other	`InterestExpenseOther`	$1.75M	USD	2 Qtrs
Total interest expense	`InterestExpense`	$63.34M	USD	2 Qtrs
Total interest expense	`InterestExpense`	$43.32M	USD	1 Quarter
Total interest expense	`InterestExpense`	$28.10M	USD	1 Quarter
Total interest expense	`InterestExpense`	$93.45M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$56.01M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$89.90M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$103.29M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$42.75M	USD	1 Quarter
Loan origination and sales	`NoninterestIncomeLoanOriginationsAndSales`	$62.96M	USD	1 Quarter
Loan origination and sales	`NoninterestIncomeLoanOriginationsAndSales`	$167.21M	USD	2 Qtrs
Loan origination and sales	`NoninterestIncomeLoanOriginationsAndSales`	$220.06M	USD	2 Qtrs
Loan origination and sales	`NoninterestIncomeLoanOriginationsAndSales`	$109.72M	USD	1 Quarter
Securitizations	`GainLossOnSecuritizationOfFinancialAssets`	$7.35M	USD	1 Quarter
Securitizations	`GainLossOnSecuritizationOfFinancialAssets`	$-2.06M	USD	2 Qtrs
Securitizations	`GainLossOnSecuritizationOfFinancialAssets`	$-26.00K	USD	1 Quarter
Securitizations	`GainLossOnSecuritizationOfFinancialAssets`	$-75.75M	USD	2 Qtrs
Servicing	`NoninterestIncomeServicing`	$-12.33M	USD	2 Qtrs
Servicing	`NoninterestIncomeServicing`	$-11.66M	USD	2 Qtrs
Servicing	`NoninterestIncomeServicing`	$-18.72M	USD	1 Quarter
Servicing	`NoninterestIncomeServicing`	$-224.00K	USD	1 Quarter
Technology Platform fees	`RevenueFromContractWithCustomerExcludingAssessedTaxTechnologyPlatformFees`	$44.95M	USD	1 Quarter
Technology Platform fees	`RevenueFromContractWithCustomerExcludingAssessedTaxTechnologyPlatformFees`	$90.61M	USD	2 Qtrs
Technology Platform fees	`RevenueFromContractWithCustomerExcludingAssessedTaxTechnologyPlatformFees`	$16.20M	USD	1 Quarter
Technology Platform fees	`RevenueFromContractWithCustomerExcludingAssessedTaxTechnologyPlatformFees`	$16.20M	USD	2 Qtrs
Other	`NoninterestIncomeOther`	$20.84M	USD	1 Quarter
Other	`NoninterestIncomeOther`	$4.42M	USD	1 Quarter
Other	`NoninterestIncomeOther`	$7.36M	USD	2 Qtrs
Other	`NoninterestIncomeOther`	$27.69M	USD	2 Qtrs
Total noninterest income	`NoninterestIncome`	$323.97M	USD	2 Qtrs
Total noninterest income	`NoninterestIncome`	$175.26M	USD	1 Quarter
Total noninterest income	`NoninterestIncome`	$72.20M	USD	1 Quarter
Total noninterest income	`NoninterestIncome`	$103.36M	USD	2 Qtrs
Total net revenue	`RevenuesNetOfInterestExpense`	$193.25M	USD	2 Qtrs
Total net revenue	`RevenuesNetOfInterestExpense`	$114.95M	USD	1 Quarter
Total net revenue	`RevenuesNetOfInterestExpense`	$427.26M	USD	2 Qtrs
Total net revenue	`RevenuesNetOfInterestExpense`	$231.27M	USD	1 Quarter
Technology and product development	`ResearchAndDevelopmentExpense`	$47.83M	USD	1 Quarter
Technology and product development	`ResearchAndDevelopmentExpense`	$69.39M	USD	1 Quarter
Technology and product development	`ResearchAndDevelopmentExpense`	$88.00M	USD	2 Qtrs
Technology and product development	`ResearchAndDevelopmentExpense`	$135.34M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$94.95M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$182.19M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$64.27M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$126.94M	USD	2 Qtrs
Cost of operations	`CostOfRevenue`	$41.41M	USD	1 Quarter
Cost of operations	`CostOfRevenue`	$60.62M	USD	1 Quarter
Cost of operations	`CostOfRevenue`	$118.19M	USD	2 Qtrs
Cost of operations	`CostOfRevenue`	$74.06M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$102.52M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$53.40M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$171.22M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$332.91M	USD	2 Qtrs
Provision for credit losses	`FinancingReceivableChangeInPresentValueExpenseReversal`	-	USD	2 Qtrs
Provision for credit losses	`FinancingReceivableChangeInPresentValueExpenseReversal`	$486.00K	USD	1 Quarter
Provision for credit losses	`FinancingReceivableChangeInPresentValueExpenseReversal`	$486.00K	USD	2 Qtrs
Provision for credit losses	`FinancingReceivableChangeInPresentValueExpenseReversal`	-	USD	1 Quarter
Total noninterest expense	`NoninterestExpense`	$396.67M	USD	1 Quarter
Total noninterest expense	`NoninterestExpense`	$391.52M	USD	2 Qtrs
Total noninterest expense	`NoninterestExpense`	$769.12M	USD	2 Qtrs
Total noninterest expense	`NoninterestExpense`	$206.91M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-341.86M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-165.39M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-198.27M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-91.96M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-78.00K	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$1.02M	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-99.71M	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-99.77M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-98.56M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-165.31M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$7.81M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-342.88M	USD	2 Qtrs
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-43.00K	USD	2 Qtrs
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-346.00K	USD	2 Qtrs
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-36.00K	USD	1 Quarter
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-266.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-346.00K	USD	2 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-266.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-36.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-43.00K	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$7.77M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-165.58M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-343.22M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-98.60M	USD	2 Qtrs
Loss per share - basic (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Loss per share - basic (in dollars per share)	`EarningsPerShareBasic`	$-1.50	USD	2 Qtrs
Loss per share - basic (in dollars per share)	`EarningsPerShareBasic`	$-1.68	USD	2 Qtrs
Loss per share - basic (in dollars per share)	`EarningsPerShareBasic`	$-0.48	USD	1 Quarter
Loss per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.48	USD	1 Quarter
Loss per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.68	USD	2 Qtrs
Loss per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Loss per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.50	USD	2 Qtrs
Weighted average common stock outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	365.04M	shares	1 Quarter
Weighted average common stock outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	70.77M	shares	2 Qtrs
Weighted average common stock outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	241.28M	shares	2 Qtrs
Weighted average common stock outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	72.15M	shares	1 Quarter
Weighted average common stock outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	72.15M	shares	1 Quarter
Weighted average common stock outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	241.28M	shares	2 Qtrs
Weighted average common stock outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	365.04M	shares	1 Quarter
Weighted average common stock outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	70.77M	shares	2 Qtrs

Cash Flow Statement 141 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-98.56M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-165.31M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$7.81M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-342.88M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.67M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$50.97M	USD	2 Qtrs
Deferred debt issuance and discount expense	`AmortizationOfFinancingCostsAndDiscounts`	$16.82M	USD	2 Qtrs
Deferred debt issuance and discount expense	`AmortizationOfFinancingCostsAndDiscounts`	$11.45M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$89.61M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$43.23M	USD	2 Qtrs
Equity-based payments to non-employees	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	2 Qtrs
Equity-based payments to non-employees	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$908.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$637.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-99.73M	USD	2 Qtrs
Equity method investment earnings	`IncomeLossFromEquityMethodInvestments`	$3.56M	USD	2 Qtrs
Equity method investment earnings	`IncomeLossFromEquityMethodInvestments`	-	USD	2 Qtrs
Accretion of seller note interest expense	`AccretionExpense`	$1.55M	USD	2 Qtrs
Accretion of seller note interest expense	`AccretionExpense`	-	USD	2 Qtrs
Fair value changes in residual interests classified as debt	`FairValueAdjustmentOfResidualInterestsClassifiedAsDebt`	$17.51M	USD	2 Qtrs
Fair value changes in residual interests classified as debt	`FairValueAdjustmentOfResidualInterestsClassifiedAsDebt`	$13.67M	USD	2 Qtrs
Fair value changes in securitization investments	`FairValueAdjustmentOfSecuritizationOfLoansHeldForInvestment`	$4.08M	USD	2 Qtrs
Fair value changes in securitization investments	`FairValueAdjustmentOfSecuritizationOfLoansHeldForInvestment`	$5.50M	USD	2 Qtrs
Fair value changes in warrant liabilities	`FairValueAdjustmentOfWarrants`	$160.91M	USD	2 Qtrs
Fair value changes in warrant liabilities	`FairValueAdjustmentOfWarrants`	$2.02M	USD	2 Qtrs
Fair value adjustment to related party notes receivable	`FairValueAdjustmentOfRelatedPartyNotesReceivable`	-	USD	2 Qtrs
Fair value adjustment to related party notes receivable	`FairValueAdjustmentOfRelatedPartyNotesReceivable`	$-169.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-643.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$3.94M	USD	2 Qtrs
Originations and purchases of loans	`PaymentsForOriginationAndPurchasesOfLoansHeldForSale`	$5.19B	USD	2 Qtrs
Originations and purchases of loans	`PaymentsForOriginationAndPurchasesOfLoansHeldForSale`	$5.75B	USD	2 Qtrs
Proceeds from sales and repayments of loans	`ProceedsFromSaleAndCollectionOfLoansHeldforsale`	$5.62B	USD	2 Qtrs
Proceeds from sales and repayments of loans	`ProceedsFromSaleAndCollectionOfLoansHeldforsale`	$5.85B	USD	2 Qtrs
Other changes in loans	`IncreaseDecreaseInOtherLoans`	$-30.59M	USD	2 Qtrs
Other changes in loans	`IncreaseDecreaseInOtherLoans`	$-5.23M	USD	2 Qtrs
Servicing assets	`IncreaseDecreaseInServicingAssetsFromSecuritization`	$-17.59M	USD	2 Qtrs
Servicing assets	`IncreaseDecreaseInServicingAssetsFromSecuritization`	$10.17M	USD	2 Qtrs
Related party notes receivable interest income	`IncreaseDecreaseInRelatedPartyNotesReceivableInterestIncome`	$-204.00K	USD	2 Qtrs
Related party notes receivable interest income	`IncreaseDecreaseInRelatedPartyNotesReceivableInterestIncome`	$-1.40M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$21.75M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$19.09M	USD	2 Qtrs
Accounts payable, accruals and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$33.86M	USD	2 Qtrs
Accounts payable, accruals and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$35.53M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$394.93M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$82.61M	USD	2 Qtrs
Purchases of property, equipment, software and intangible assets	`PaymentsToAcquireProductiveAssets`	$8.83M	USD	2 Qtrs
Purchases of property, equipment, software and intangible assets	`PaymentsToAcquireProductiveAssets`	$26.81M	USD	2 Qtrs
Related party notes receivable issuances	`PaymentsToFundLongtermLoansToRelatedParties`	-	USD	2 Qtrs
Related party notes receivable issuances	`PaymentsToFundLongtermLoansToRelatedParties`	$4.25M	USD	2 Qtrs
Proceeds from repayment of related party notes receivable	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	$16.69M	USD	2 Qtrs
Proceeds from repayment of related party notes receivable	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	-	USD	2 Qtrs
Proceeds from non-securitization investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	-	USD	2 Qtrs
Proceeds from non-securitization investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$107.53M	USD	2 Qtrs
Purchases of non-securitization investments	`PaymentsToAcquireOtherInvestments`	$145.00K	USD	2 Qtrs
Purchases of non-securitization investments	`PaymentsToAcquireOtherInvestments`	-	USD	2 Qtrs
Receipts from securitization investments	`ProceedsFromReceiptsFromSecuritizationInvestments`	$143.05M	USD	2 Qtrs
Receipts from securitization investments	`ProceedsFromReceiptsFromSecuritizationInvestments`	$141.92M	USD	2 Qtrs
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$32.39M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$239.34M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$97.43M	USD	2 Qtrs
Proceeds from debt issuances	`ProceedsFromIssuanceOfLongTermDebt`	$5.64B	USD	2 Qtrs
Proceeds from debt issuances	`ProceedsFromIssuanceOfLongTermDebt`	$3.85B	USD	2 Qtrs
Repayment of debt	`RepaymentsOfLongTermDebt`	$5.90B	USD	2 Qtrs
Repayment of debt	`RepaymentsOfLongTermDebt`	$6.36B	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$12.14M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$4.52M	USD	2 Qtrs
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.63M	USD	2 Qtrs
Taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$28.60M	USD	2 Qtrs
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$526.00K	USD	2 Qtrs
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$40.00K	USD	2 Qtrs
Redemptions of redeemable common and preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$282.86M	USD	2 Qtrs
Redemptions of redeemable common and preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	-	USD	2 Qtrs
Proceeds from Business Combination and PIPE Investment	`ProceedsFromReverseRecapitalizationTransaction`	$1.99B	USD	2 Qtrs
Proceeds from Business Combination and PIPE Investment	`ProceedsFromReverseRecapitalizationTransaction`	-	USD	2 Qtrs
Payment of costs directly attributable to the issuance of common stock in connection with Business Combination and PIPE Investment	`PaymentsOfStockIssuanceCosts`	$26.95M	USD	2 Qtrs
Payment of costs directly attributable to the issuance of common stock in connection with Business Combination and PIPE Investment	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Payment of costs directly attributable to the issuance of common stock in connection with Business Combination and PIPE Investment	`PaymentsOfStockIssuanceCosts`	$600.00K	USD	Annual
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$415.00K	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$3.37M	USD	2 Qtrs
Note receivable principal repayments from stockholder	`ProceedsFromPrincipalRepaymentsFromStockholder`	-	USD	2 Qtrs
Note receivable principal repayments from stockholder	`ProceedsFromPrincipalRepaymentsFromStockholder`	$24.86M	USD	2 Qtrs
Payment of redeemable preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$20.16M	USD	2 Qtrs
Payment of redeemable preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$20.05M	USD	2 Qtrs
Finance lease principal payments	`FinanceLeasePrincipalPayments`	$278.00K	USD	2 Qtrs
Finance lease principal payments	`FinanceLeasePrincipalPayments`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-286.40M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-876.58M	USD	2 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-346.00K	USD	2 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-43.00K	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-554.98M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$205.91M	USD	2 Qtrs
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.32B	USD	Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$690.21M	USD	Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$768.45M	USD	Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$896.12M	USD	Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.32B	USD	Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$690.21M	USD	Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$768.45M	USD	Point-in-time
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$896.12M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$641.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$872.58M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$461.92M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$306.53M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$450.85M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$254.62M	USD	Point-in-time
Total cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.32B	USD	Point-in-time
Total cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$690.21M	USD	Point-in-time
Total cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$768.45M	USD	Point-in-time
Total cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$896.12M	USD	Point-in-time
Securitization investments acquired via loan transfers	`SecuritizationInvestmentsAcquiredFromLoanTransfers`	$47.27M	USD	2 Qtrs
Securitization investments acquired via loan transfers	`SecuritizationInvestmentsAcquiredFromLoanTransfers`	$151.77M	USD	2 Qtrs
Non-cash property, equipment, software and intangible asset additions	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$896.00K	USD	2 Qtrs
Non-cash property, equipment, software and intangible asset additions	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$2.64M	USD	2 Qtrs
Deconsolidation of residual interests classified as debt	`DeconsolidationOfResidualInterestsClassifiedAsDebt`	$72.03M	USD	2 Qtrs
Deconsolidation of residual interests classified as debt	`DeconsolidationOfResidualInterestsClassifiedAsDebt`	-	USD	2 Qtrs
Deconsolidation of securitization debt	`DeconsolidationOfSecuritizedDebt`	-	USD	2 Qtrs
Deconsolidation of securitization debt	`DeconsolidationOfSecuritizedDebt`	$659.03M	USD	2 Qtrs
Costs directly attributable to the issuance of common stock paid in 2020	`PaymentsOfReverseRecapitalizationIssuanceCosts`	$588.00K	USD	2 Qtrs
Costs directly attributable to the issuance of common stock paid in 2020	`PaymentsOfReverseRecapitalizationIssuanceCosts`	-	USD	2 Qtrs
Reduction to temporary equity associated with purchase price adjustments	`NoncashOrPartCashTransactionBusinessCombinationReductionInTemporaryEquity`	$743.00K	USD	2 Qtrs
Reduction to temporary equity associated with purchase price adjustments	`NoncashOrPartCashTransactionBusinessCombinationReductionInTemporaryEquity`	-	USD	2 Qtrs
Warrant liabilities recognized in conjunction with the Business Combination	`NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1`	$200.25M	USD	2 Qtrs
Warrant liabilities recognized in conjunction with the Business Combination	`NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1`	-	USD	2 Qtrs
Series H warrant liabilities conversion to common stock warrants	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationConversionOfWarrantLiabilityToCommonStockWarrants`	$39.96M	USD	2 Qtrs
Series H warrant liabilities conversion to common stock warrants	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationConversionOfWarrantLiabilityToCommonStockWarrants`	-	USD	2 Qtrs
Conversion of temporary equity into permanent equity in conjunction with the Business Combination	`ReclassificationsOfTemporaryToPermanentEquity`	-	USD	2 Qtrs
Conversion of temporary equity into permanent equity in conjunction with the Business Combination	`ReclassificationsOfTemporaryToPermanentEquity`	$2.70B	USD	2 Qtrs
Seller note issued in acquisition	`NotesIssued1`	-	USD	2 Qtrs
Seller note issued in acquisition	`NotesIssued1`	$244.00M	USD	2 Qtrs
Redeemable preferred stock issued in acquisition	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmountOfRedeemablePreferredStockIssued`	$814.16M	USD	2 Qtrs
Redeemable preferred stock issued in acquisition	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmountOfRedeemablePreferredStockIssued`	-	USD	2 Qtrs
Common stock options assumed in acquisition	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmountOfCommonStockOptionsIssued`	-	USD	2 Qtrs
Common stock options assumed in acquisition	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmountOfCommonStockOptionsIssued`	$32.20M	USD	2 Qtrs
Issuance of common stock in acquisition	`StockIssued1`	-	USD	2 Qtrs
Issuance of common stock in acquisition	`StockIssued1`	$15.56M	USD	2 Qtrs
Property, equipment and software acquired in acquisition	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$2.03M	USD	2 Qtrs
Property, equipment and software acquired in acquisition	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	-	USD	2 Qtrs
Debt assumed in acquisition	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	-	USD	2 Qtrs
Debt assumed in acquisition	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	$5.83M	USD	2 Qtrs
Deferred debt issuance costs accrued but not paid	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$1.20M	USD	2 Qtrs
Deferred debt issuance costs accrued but not paid	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$550.00K	USD	2 Qtrs

Stockholders Equity 108 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	2 Qtrs
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Foreign currency translation adjustments, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	2 Qtrs
Beginning balance (in shares)	`CommonStockSharesOutstanding`	115.08M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	794.69M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$-339.06M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-120.11M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-352.51M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-441.03M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.21B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-293.64M	USD	Point-in-time
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.55M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$52.15M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$43.23M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$89.61M	USD	2 Qtrs
Equity-based payments to non-employees	`StockIssuedDuringPeriodValueIssuedForServices`	$908.00K	USD	1 Quarter
Equity-based payments to non-employees	`StockIssuedDuringPeriodValueIssuedForServices`	$908.00K	USD	2 Qtrs
Stock withheld related to taxes on vested RSUs	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$28.60M	USD	2 Qtrs
Stock withheld related to taxes on vested RSUs	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.61M	USD	1 Quarter
Stock withheld related to taxes on vested RSUs	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.63M	USD	2 Qtrs
Stock withheld related to taxes on vested RSUs	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.99M	USD	1 Quarter
Exercise of common stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	2.80M	shares	2 Qtrs
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$415.00K	USD	2 Qtrs
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.37M	USD	2 Qtrs
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$180.00K	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$741.00K	USD	1 Quarter
Vested stock options assumed in acquisition	`AdjustmentsToAdditionalPaidInCapitalStockOptionsVestedAndAssumedInAcquisition`	$32.20M	USD	2 Qtrs
Vested stock options assumed in acquisition	`AdjustmentsToAdditionalPaidInCapitalStockOptionsVestedAndAssumedInAcquisition`	$32.20M	USD	1 Quarter
Common stock purchases	`StockRepurchasedDuringPeriodValue`	$40.00K	USD	2 Qtrs
Common stock purchases	`StockRepurchasedDuringPeriodValue`	$40.00K	USD	1 Quarter
Redeemable preferred stock dividends	`RedeemablePreferredStockDividends`	$10.08M	USD	1 Quarter
Redeemable preferred stock dividends	`RedeemablePreferredStockDividends`	$20.05M	USD	2 Qtrs
Redeemable preferred stock dividends	`RedeemablePreferredStockDividends`	$10.05M	USD	1 Quarter
Redeemable preferred stock dividends	`RedeemablePreferredStockDividends`	$20.16M	USD	2 Qtrs
Issuance of contingently issuable stock (in shares)	`StockholdersEquitySharesContingentlyIssuableCommonStock`	1.28M	shares	Point-in-time
Conversion of redeemable preferred stock warrants into permanent equity	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$161.78M	USD	2 Qtrs
Conversion of redeemable preferred stock warrants into permanent equity	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$161.78M	USD	1 Quarter
Conversion of redeemable preferred stock to common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$2.70B	USD	2 Qtrs
Conversion of redeemable preferred stock to common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$2.70B	USD	1 Quarter
Issuance of common stock in connection with Business Combination and PIPE Investment	`StockIssuedDuringPeriodValueReverseRecapitalization`	$1.79B	USD	2 Qtrs
Issuance of common stock in connection with Business Combination and PIPE Investment	`StockIssuedDuringPeriodValueReverseRecapitalization`	$1.79B	USD	1 Quarter
Costs directly attributable to the issuance of common stock in connection with Business Combination and PIPE Investment	`AdjustmentsToAdditionalPaidInCapitalStockIssuedInReverseRecapitalizationIssuanceCosts`	$27.54M	USD	1 Quarter
Costs directly attributable to the issuance of common stock in connection with Business Combination and PIPE Investment	`AdjustmentsToAdditionalPaidInCapitalStockIssuedInReverseRecapitalizationIssuanceCosts`	$27.54M	USD	2 Qtrs
Par value change for historical SoFi common stock	`AdjustmentsToAdditionalPaidInCapitalCommonStockParValue`	-	USD	2 Qtrs
Par value change for historical SoFi common stock	`AdjustmentsToAdditionalPaidInCapitalCommonStockParValue`	-	USD	1 Quarter
Note receivable issuance to stockholder, inclusive of interest	`AdjustmentsToAdditionalPaidInCapitalNoteReceivableToShareholder`	$569.00K	USD	1 Quarter
Note receivable issuance to stockholder, inclusive of interest	`AdjustmentsToAdditionalPaidInCapitalNoteReceivableToShareholder`	$1.34M	USD	2 Qtrs
Note receivable payments from stockholder, inclusive of interest	`AdjustmentsToAdditionalPaidInCapitalNoteReceivablePaymentsFromStockholders`	$27.00M	USD	1 Quarter
Note receivable payments from stockholder, inclusive of interest	`AdjustmentsToAdditionalPaidInCapitalNoteReceivablePaymentsFromStockholders`	$27.00M	USD	2 Qtrs
Issuance of common stock in acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$15.56M	USD	1 Quarter
Issuance of common stock in acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$15.56M	USD	2 Qtrs
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-43.00K	USD	2 Qtrs
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-346.00K	USD	2 Qtrs
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-36.00K	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-266.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-98.56M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-165.31M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$7.81M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-342.88M	USD	2 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	115.08M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	794.69M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$-339.06M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-120.11M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-352.51M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-441.03M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.21B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-293.64M	USD	Point-in-time
Temporary equity, beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	404.17M	shares	Point-in-time
Temporary equity, beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	3.23M	shares	Point-in-time
Temporary equity, beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	469.15M	shares	Point-in-time
Temporary equity, beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	469.15M	shares	Point-in-time
Temporary equity, beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	404.17M	shares	Point-in-time
Temporary equity, beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	496.09M	shares	Point-in-time
Temporary equity, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$2.44B	USD	Point-in-time
Temporary equity, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$3.17B	USD	Point-in-time
Temporary equity, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$3.25B	USD	Point-in-time
Temporary equity, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$320.37M	USD	Point-in-time
Temporary equity, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$2.44B	USD	Point-in-time
Temporary equity, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$3.17B	USD	Point-in-time
Cancelation of redeemable preferred stock related to business combination (in shares)	`TemporaryEquityCancellationsShares`	83,856.00	shares	1 Quarter
Cancelation of redeemable preferred stock related to business combination (in shares)	`TemporaryEquityCancellationsShares`	83,856.00	shares	2 Qtrs
Cancellation of redeemable preferred stock related to Galileo acquisition	`TemporaryEquityCancellationsValue`	$743.00K	USD	2 Qtrs
Cancellation of redeemable preferred stock related to Galileo acquisition	`TemporaryEquityCancellationsValue`	$743.00K	USD	1 Quarter
Conversion of redeemable preferred stock to common stock (in shares)	`TemporaryEquityStockIssuedDuringPeriodSharesConversionOfUnits`	450.83M	shares	2 Qtrs
Conversion of redeemable preferred stock to common stock (in shares)	`TemporaryEquityStockIssuedDuringPeriodSharesConversionOfUnits`	450.83M	shares	1 Quarter
Conversion of redeemable preferred stock to common stock	`TemporaryEquityStockIssuedDuringPeriodValueConversionOfUnits`	$2.70B	USD	2 Qtrs
Conversion of redeemable preferred stock to common stock	`TemporaryEquityStockIssuedDuringPeriodValueConversionOfUnits`	$2.70B	USD	1 Quarter
Repurchase of redeemable common stock (in shares)	`TemporaryEquitySharesRepurchaseOfRedeemableCommonStock`	15.00M	shares	2 Qtrs
Repurchase of redeemable common stock (in shares)	`TemporaryEquitySharesRepurchaseOfRedeemableCommonStock`	15.00M	shares	1 Quarter
Repurchase of redeemable common stock	`TemporaryEquityValueRepurchaseOfRedeemableCommonStock`	$150.00M	USD	2 Qtrs
Repurchase of redeemable common stock	`TemporaryEquityValueRepurchaseOfRedeemableCommonStock`	$150.00M	USD	1 Quarter
Issuance of redeemable preferred stock in acquisition (in shares)	`TemporaryEquityStockIssuedDuringPeriodSharesNewIssues`	91.92M	shares	1 Quarter
Issuance of redeemable preferred stock in acquisition (in shares)	`TemporaryEquityStockIssuedDuringPeriodSharesNewIssues`	91.92M	shares	2 Qtrs
Issuance of redeemable preferred stock in acquisition	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$814.16M	USD	1 Quarter
Issuance of redeemable preferred stock in acquisition	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$814.16M	USD	2 Qtrs
Temporary equity, ending balance (in shares)	`TemporaryEquitySharesOutstanding`	404.17M	shares	Point-in-time
Temporary equity, ending balance (in shares)	`TemporaryEquitySharesOutstanding`	3.23M	shares	Point-in-time
Temporary equity, ending balance (in shares)	`TemporaryEquitySharesOutstanding`	469.15M	shares	Point-in-time
Temporary equity, ending balance (in shares)	`TemporaryEquitySharesOutstanding`	469.15M	shares	Point-in-time
Temporary equity, ending balance (in shares)	`TemporaryEquitySharesOutstanding`	404.17M	shares	Point-in-time
Temporary equity, ending balance (in shares)	`TemporaryEquitySharesOutstanding`	496.09M	shares	Point-in-time
Temporary equity, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$2.44B	USD	Point-in-time
Temporary equity, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$3.17B	USD	Point-in-time
Temporary equity, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$3.25B	USD	Point-in-time
Temporary equity, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$320.37M	USD	Point-in-time
Temporary equity, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$2.44B	USD	Point-in-time
Temporary equity, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$3.17B	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.