10-K Filing

SOFI TECHNOLOGIES, INC. CIK: 1818874 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001818874-22-000031`
Period End Date	20211231
Filing Date	20220301
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	sofi-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 93 Income Statement 102 Cash Flow Statement 255 Stockholders Equity 87

Balance Sheet 93 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$494.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$499.49M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$872.58M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$273.73M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$450.85M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$190.72M	USD	Point-in-time
Investments in available-for-sale securities (amortized cost of $195,796 and $0, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$194.91M	USD	Point-in-time
Investments in available-for-sale securities (amortized cost of $195,796 and $0, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	-	USD	Point-in-time
Loans	`NotesReceivableNet`	$6.07B	USD	Point-in-time
Loans	`NotesReceivableNet`	$4.88B	USD	Point-in-time
Servicing rights	`ServicingAssetAtFairValueAmount`	$149.60M	USD	Point-in-time
Servicing rights	`ServicingAssetAtFairValueAmount`	$168.26M	USD	Point-in-time
Servicing rights	`ServicingAssetAtFairValueAmount`	$201.62M	USD	Point-in-time
Securitization investments	`InterestsContinuedToBeHeldByTransferorFairValue`	$496.94M	USD	Point-in-time
Securitization investments	`InterestsContinuedToBeHeldByTransferorFairValue`	$374.69M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$107.53M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$19.74M	USD	Point-in-time
Investments in available-for-sale securities, amortized cost	`DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss`	$195.80M	USD	Point-in-time
Property, equipment and software	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$111.87M	USD	Point-in-time
Investments in available-for-sale securities, amortized cost	`DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss`	-	USD	Point-in-time
Property, equipment and software	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$81.49M	USD	Point-in-time
Loans, allowance for credit loss	`FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest`	$219.00K	USD	Point-in-time
Goodwill	`Goodwill`	$15.67M	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`	$7.04M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$284.58M	USD	Point-in-time
Other assets, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	-	USD	Point-in-time
Other assets, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$2.29M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$355.09M	USD	Point-in-time
Other assets, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$562.00K	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`	$115.19M	USD	Point-in-time
Redeemable preferred stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Related party notes receivable	`DueFromRelatedParties`	$17.92M	USD	Point-in-time
Redeemable preferred stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	100.00M	shares	Point-in-time
Related party notes receivable	`DueFromRelatedParties`	-	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
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`	$171.24M	USD	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`	370.22M	shares	Point-in-time
Total assets	`Assets`	$9.18B	USD	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`	404.17M	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`	115.08M	shares	Point-in-time
Accounts payable, accruals and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$452.91M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	828.15M	shares	Point-in-time
Accounts payable, accruals and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$298.16M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	828.15M	shares	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$139.80M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$138.79M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	115.08M	shares	Point-in-time
Loans receivable at fair value	`LoansReceivableFairValueDisclosure`	$4.86B	USD	Point-in-time
Debt	`DebtLongtermAndShorttermCombinedAmount`	$4.80B	USD	Point-in-time
Debt	`DebtLongtermAndShorttermCombinedAmount`	$3.95B	USD	Point-in-time
Loans receivable at fair value	`LoansReceivableFairValueDisclosure`	$5.95B	USD	Point-in-time
Redemption amount	`TemporaryEquityAggregateAmountOfRedemptionRequirement`	$323.40M	USD	Point-in-time
Redemption amount	`TemporaryEquityAggregateAmountOfRedemptionRequirement`	$3.21B	USD	Point-in-time
Residual interests classified as debt	`BeneficialInterest`	$118.30M	USD	Point-in-time
Residual interests classified as debt	`BeneficialInterest`	$93.68M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.48B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.51B	USD	Point-in-time
Commitments, guarantees, concentrations and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments, guarantees, concentrations and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$320.37M	USD	Point-in-time
Redeemable preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$1.89B	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`	$83.00K	USD	Point-in-time
Common stock	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.56B	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`	$-1.47M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.18B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-699.18M	USD	Point-in-time
Total permanent equity (deficit)	`StockholdersEquity`	$4.38B	USD	Point-in-time
Total permanent equity (deficit)	`StockholdersEquity`	$-120.11M	USD	Point-in-time
Total permanent equity (deficit)	`StockholdersEquity`	$-68.42M	USD	Point-in-time
Total permanent equity (deficit)	`StockholdersEquity`	$-339.06M	USD	Point-in-time
Total liabilities, temporary equity and permanent equity (deficit)	`LiabilitiesAndStockholdersEquity`	$8.56B	USD	Point-in-time
Total liabilities, temporary equity and permanent equity (deficit)	`LiabilitiesAndStockholdersEquity`	$9.18B	USD	Point-in-time

Income Statement 102 line items

Line Item	Tag	Value	Unit	Period
Loans	`InterestAndFeeIncomeLoansAndLeases`	$570.47M	USD	Annual
Loans	`InterestAndFeeIncomeLoansAndLeases`	$337.86M	USD	Annual
Loans	`InterestAndFeeIncomeLoansAndLeases`	$330.35M	USD	Annual
Securitizations	`InterestIncomeSecuritizations`	$24.03M	USD	Annual
Securitizations	`InterestIncomeSecuritizations`	$14.11M	USD	Annual
Securitizations	`InterestIncomeSecuritizations`	$23.18M	USD	Annual
Related party notes	`InterestIncomeRelatedParty`	$3.19M	USD	Annual
Related party notes	`InterestIncomeRelatedParty`	$211.00K	USD	Annual
Related party notes	`InterestIncomeRelatedParty`	$3.34M	USD	Annual
Other	`InterestIncomeOther`	$11.21M	USD	Annual
Other	`InterestIncomeOther`	$2.84M	USD	Annual
Other	`InterestIncomeOther`	$5.96M	USD	Annual
Total interest income	`InterestIncomeOperating`	$608.19M	USD	Annual
Total interest income	`InterestIncomeOperating`	$363.54M	USD	Annual
Total interest income	`InterestIncomeOperating`	$355.02M	USD	Annual
Securitizations and warehouses	`InterestExpenseSecuritizationsAndWarehouses`	$155.15M	USD	Annual
Securitizations and warehouses	`InterestExpenseSecuritizationsAndWarehouses`	$90.48M	USD	Annual
Securitizations and warehouses	`InterestExpenseSecuritizationsAndWarehouses`	$268.06M	USD	Annual
Corporate borrowings	`InterestExpenseCorporateBorrowings`	$10.35M	USD	Annual
Corporate borrowings	`InterestExpenseCorporateBorrowings`	$27.97M	USD	Annual
Corporate borrowings	`InterestExpenseCorporateBorrowings`	$4.96M	USD	Annual
Other	`InterestExpenseOther`	$2.48M	USD	Annual
Other	`InterestExpenseOther`	$5.33M	USD	Annual
Other	`InterestExpenseOther`	$1.95M	USD	Annual
Total interest expense	`InterestExpense`	$185.61M	USD	Annual
Total interest expense	`InterestExpense`	$102.78M	USD	Annual
Total interest expense	`InterestExpense`	$278.36M	USD	Annual
Net interest income	`InterestIncomeExpenseNet`	$329.83M	USD	Annual
Net interest income	`InterestIncomeExpenseNet`	$252.24M	USD	Annual
Net interest income	`InterestIncomeExpenseNet`	$177.93M	USD	Annual
Loan origination and sales	`NoninterestIncomeLoanOriginationsAndSales`	$299.26M	USD	Annual
Loan origination and sales	`NoninterestIncomeLoanOriginationsAndSales`	$371.32M	USD	Annual
Loan origination and sales	`NoninterestIncomeLoanOriginationsAndSales`	$497.63M	USD	Annual
Securitizations	`GainLossOnSecuritizationOfFinancialAssets`	$-199.12M	USD	Annual
Securitizations	`GainLossOnSecuritizationOfFinancialAssets`	$-70.25M	USD	Annual
Securitizations	`GainLossOnSecuritizationOfFinancialAssets`	$-14.86M	USD	Annual
Servicing	`NoninterestIncomeServicing`	$8.49M	USD	Annual
Servicing	`NoninterestIncomeServicing`	$-19.43M	USD	Annual
Servicing	`NoninterestIncomeServicing`	$-2.28M	USD	Annual
Technology platform fees	`RevenueFromContractWithCustomerExcludingAssessedTaxTechnologyPlatformFees`	$90.13M	USD	Annual
Technology platform fees	`RevenueFromContractWithCustomerExcludingAssessedTaxTechnologyPlatformFees`	-	USD	Annual
Technology platform fees	`RevenueFromContractWithCustomerExcludingAssessedTaxTechnologyPlatformFees`	$191.85M	USD	Annual
Other	`NoninterestIncomeOther`	$4.20M	USD	Annual
Other	`NoninterestIncomeOther`	$15.83M	USD	Annual
Other	`NoninterestIncomeOther`	$60.30M	USD	Annual
Total noninterest income (loss)	`NoninterestIncome`	$112.83M	USD	Annual
Total noninterest income (loss)	`NoninterestIncome`	$387.60M	USD	Annual
Total noninterest income (loss)	`NoninterestIncome`	$732.63M	USD	Annual
Total net revenue	`RevenuesNetOfInterestExpense`	$984.87M	USD	Annual
Total net revenue	`RevenuesNetOfInterestExpense`	$565.53M	USD	Annual
Total net revenue	`RevenuesNetOfInterestExpense`	$442.66M	USD	Annual
Technology and product development	`ResearchAndDevelopmentExpense`	$147.46M	USD	Annual
Technology and product development	`ResearchAndDevelopmentExpense`	$276.09M	USD	Annual
Technology and product development	`ResearchAndDevelopmentExpense`	$201.20M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$266.20M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$276.58M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$426.88M	USD	Annual
Cost of operations	`CostOfRevenue`	$256.98M	USD	Annual
Cost of operations	`CostOfRevenue`	$178.90M	USD	Annual
Cost of operations	`CostOfRevenue`	$116.33M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$152.28M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$498.53M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$237.38M	USD	Annual
Provision for credit losses	`FinancingReceivableChangeInPresentValueExpenseReversal`	$7.57M	USD	Annual
Provision for credit losses	`FinancingReceivableChangeInPresentValueExpenseReversal`	-	USD	Annual
Provision for credit losses	`FinancingReceivableChangeInPresentValueExpenseReversal`	-	USD	Annual
Total noninterest expense	`NoninterestExpense`	$894.05M	USD	Annual
Total noninterest expense	`NoninterestExpense`	$1.47B	USD	Annual
Total noninterest expense	`NoninterestExpense`	$682.26M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-481.18M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-328.52M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-239.60M	USD	Annual
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$2.76M	USD	Annual
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-104.47M	USD	Annual
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$98.00K	USD	Annual
Net loss	`NetIncomeLoss`	$-483.94M	USD	Annual
Net loss	`NetIncomeLoss`	$-239.70M	USD	Annual
Net loss	`NetIncomeLoss`	$-224.05M	USD	Annual
Unrealized losses on available-for-sale securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	Annual
Unrealized losses on available-for-sale securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.35M	USD	Annual
Unrealized losses on available-for-sale securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	Annual
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-145.00K	USD	Annual
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$46.00K	USD	Annual
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-9.00K	USD	Annual
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.00K	USD	Annual
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.30M	USD	Annual
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-145.00K	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-224.20M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-485.24M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-239.71M	USD	Annual
Loss per share - basic (in dollars per share)	`EarningsPerShareBasic`	$-4.30	USD	Annual
Loss per share - basic (in dollars per share)	`EarningsPerShareBasic`	$-4.02	USD	Annual
Loss per share - basic (in dollars per share)	`EarningsPerShareBasic`	$-1.00	USD	Annual
Loss per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.00	USD	Annual
Loss per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-4.30	USD	Annual
Loss per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-4.02	USD	Annual
Weighted average common stock outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	526.73M	shares	Annual
Weighted average common stock outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	73.85M	shares	Annual
Weighted average common stock outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	65.62M	shares	Annual
Weighted average common stock outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.62M	shares	Annual
Weighted average common stock outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	526.73M	shares	Annual
Weighted average common stock outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	73.85M	shares	Annual

Cash Flow Statement 255 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-483.94M	USD	Annual
Net loss	`NetIncomeLoss`	$-239.70M	USD	Annual
Net loss	`NetIncomeLoss`	$-224.05M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.96M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$69.83M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$101.57M	USD	Annual
Deferred debt issuance and discount expense	`AmortizationOfFinancingCostsAndDiscounts`	$18.29M	USD	Annual
Deferred debt issuance and discount expense	`AmortizationOfFinancingCostsAndDiscounts`	$33.20M	USD	Annual
Deferred debt issuance and discount expense	`AmortizationOfFinancingCostsAndDiscounts`	$28.31M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$239.01M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$99.87M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$60.94M	USD	Annual
Equity-based payments to non-employees	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$908.00K	USD	Annual
Equity-based payments to non-employees	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$360.00K	USD	Annual
Equity-based payments to non-employees	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$483.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$52.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.20M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-104.50M	USD	Annual
Equity method investment earnings	`IncomeLossFromEquityMethodInvestments`	$869.00K	USD	Annual
Equity method investment earnings	`IncomeLossFromEquityMethodInvestments`	$-261.00K	USD	Annual
Equity method investment earnings	`IncomeLossFromEquityMethodInvestments`	$4.31M	USD	Annual
Accretion of seller note interest expense	`AccretionExpense`	-	USD	Annual
Accretion of seller note interest expense	`AccretionExpense`	-	USD	Annual
Accretion of seller note interest expense	`AccretionExpense`	$6.00M	USD	Annual
Fair value changes in residual interests classified as debt	`FairValueAdjustmentOfResidualInterestsClassifiedAsDebt`	$17.16M	USD	Annual
Fair value changes in residual interests classified as debt	`FairValueAdjustmentOfResidualInterestsClassifiedAsDebt`	$38.22M	USD	Annual
Fair value changes in residual interests classified as debt	`FairValueAdjustmentOfResidualInterestsClassifiedAsDebt`	$22.80M	USD	Annual
Fair value changes in securitization investments	`FairValueAdjustmentOfSecuritizationOfLoansHeldForInvestment`	$6.54M	USD	Annual
Fair value changes in securitization investments	`FairValueAdjustmentOfSecuritizationOfLoansHeldForInvestment`	$13.92M	USD	Annual
Fair value changes in securitization investments	`FairValueAdjustmentOfSecuritizationOfLoansHeldForInvestment`	$11.36M	USD	Annual
Fair value changes in warrant liabilities	`FairValueAdjustmentOfWarrants`	$107.33M	USD	Annual
Fair value changes in warrant liabilities	`FairValueAdjustmentOfWarrants`	$20.52M	USD	Annual
Fair value changes in warrant liabilities	`FairValueAdjustmentOfWarrants`	$-2.83M	USD	Annual
Fair value adjustment to related party notes receivable	`FairValueAdjustmentOfRelatedPartyNotesReceivable`	-	USD	Annual
Fair value adjustment to related party notes receivable	`FairValueAdjustmentOfRelatedPartyNotesReceivable`	$-169.00K	USD	Annual
Fair value adjustment to related party notes receivable	`FairValueAdjustmentOfRelatedPartyNotesReceivable`	$319.00K	USD	Annual
Other	`OtherNoncashIncomeExpense`	$5.08M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-803.00K	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-2.21M	USD	Annual
Originations and purchases of loans	`PaymentsForOriginationAndPurchasesOfLoansHeldForSale`	$10.41B	USD	Annual
Originations and purchases of loans	`PaymentsForOriginationAndPurchasesOfLoansHeldForSale`	$13.50B	USD	Annual
Originations and purchases of loans	`PaymentsForOriginationAndPurchasesOfLoansHeldForSale`	$11.58B	USD	Annual
Proceeds from sales and repayments of loans	`ProceedsFromSaleAndCollectionOfLoansHeldforsale`	$9.95B	USD	Annual
Proceeds from sales and repayments of loans	`ProceedsFromSaleAndCollectionOfLoansHeldforsale`	$11.64B	USD	Annual
Proceeds from sales and repayments of loans	`ProceedsFromSaleAndCollectionOfLoansHeldforsale`	$12.20B	USD	Annual
Other changes in loans	`IncreaseDecreaseInOtherLoans`	$10.15M	USD	Annual
Other changes in loans	`IncreaseDecreaseInOtherLoans`	$-69.21M	USD	Annual
Other changes in loans	`IncreaseDecreaseInOtherLoans`	$58.74M	USD	Annual
Servicing assets	`IncreaseDecreaseInServicingAssetsFromSecuritization`	$-52.02M	USD	Annual
Servicing assets	`IncreaseDecreaseInServicingAssetsFromSecuritization`	$35.91M	USD	Annual
Servicing assets	`IncreaseDecreaseInServicingAssetsFromSecuritization`	$18.66M	USD	Annual
Related party notes receivable interest income	`IncreaseDecreaseInRelatedPartyNotesReceivableInterestIncome`	$-1.40M	USD	Annual
Related party notes receivable interest income	`IncreaseDecreaseInRelatedPartyNotesReceivableInterestIncome`	$-1.12M	USD	Annual
Related party notes receivable interest income	`IncreaseDecreaseInRelatedPartyNotesReceivableInterestIncome`	$2.67M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$29.88M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$10.70M	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$18.17M	USD	Annual
Accounts payable, accruals and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$95.16M	USD	Annual
Accounts payable, accruals and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-9.02M	USD	Annual
Accounts payable, accruals and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.03M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.35B	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-54.73M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-479.34M	USD	Annual
Purchases of property, equipment, software and intangible assets	`PaymentsToAcquireProductiveAssets`	$52.26M	USD	Annual
Purchases of property, equipment, software and intangible assets	`PaymentsToAcquireProductiveAssets`	$37.59M	USD	Annual
Purchases of property, equipment, software and intangible assets	`PaymentsToAcquireProductiveAssets`	$24.55M	USD	Annual
Related party notes receivable issuances	`PaymentsToFundLongtermLoansToRelatedParties`	$7.64M	USD	Annual
Related party notes receivable issuances	`PaymentsToFundLongtermLoansToRelatedParties`	-	USD	Annual
Related party notes receivable issuances	`PaymentsToFundLongtermLoansToRelatedParties`	$9.05M	USD	Annual
Proceeds from repayment of related party notes receivable	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	-	USD	Annual
Proceeds from repayment of related party notes receivable	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	-	USD	Annual
Proceeds from repayment of related party notes receivable	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	$16.69M	USD	Annual
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$246.37M	USD	Annual
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	Annual
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	Annual
Proceeds from sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	Annual
Proceeds from sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	Annual
Proceeds from sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$52.74M	USD	Annual
Proceeds from maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	-	USD	Annual
Proceeds from maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$4.80M	USD	Annual
Proceeds from maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	-	USD	Annual
Purchases of non-securitization investments	`PaymentsToAcquireOtherInvestments`	$3.61M	USD	Annual
Purchases of non-securitization investments	`PaymentsToAcquireOtherInvestments`	$145.00K	USD	Annual
Purchases of non-securitization investments	`PaymentsToAcquireOtherInvestments`	$22.00M	USD	Annual
Proceeds from non-securitization investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$109.53M	USD	Annual
Proceeds from non-securitization investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$974.00K	USD	Annual
Proceeds from non-securitization investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	-	USD	Annual
Proceeds from securitization investments	`ProceedsFromReceiptsFromSecuritizationInvestments`	$322.70M	USD	Annual
Proceeds from securitization investments	`ProceedsFromReceiptsFromSecuritizationInvestments`	$165.12M	USD	Annual
Proceeds from securitization investments	`ProceedsFromReceiptsFromSecuritizationInvestments`	$247.06M	USD	Annual
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$32.39M	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$110.19M	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$258.95M	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$114.87M	USD	Annual
Proceeds from debt issuances	`ProceedsFromIssuanceOfLongTermDebt`	$12.46B	USD	Annual
Proceeds from debt issuances	`ProceedsFromIssuanceOfLongTermDebt`	$9.52B	USD	Annual
Proceeds from debt issuances	`ProceedsFromIssuanceOfLongTermDebt`	$10.23B	USD	Annual
Repayment of debt	`RepaymentsOfLongTermDebt`	$10.43B	USD	Annual
Repayment of debt	`RepaymentsOfLongTermDebt`	$12.83B	USD	Annual
Repayment of debt	`RepaymentsOfLongTermDebt`	$9.71B	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$20.60M	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$9.46M	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$16.44M	USD	Annual
Purchase of capped calls	`PaymentsForDerivativeInstrumentFinancingActivities`	-	USD	Annual
Purchase of capped calls	`PaymentsForDerivativeInstrumentFinancingActivities`	-	USD	Annual
Purchase of capped calls	`PaymentsForDerivativeInstrumentFinancingActivities`	$113.76M	USD	Annual
Taxes paid related to net share settlement of share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$31.26M	USD	Annual
Taxes paid related to net share settlement of share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$42.64M	USD	Annual
Taxes paid related to net share settlement of share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$21.41M	USD	Annual
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$8.80M	USD	Annual
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$526.00K	USD	Annual
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$40.00K	USD	Annual
Redemptions of redeemable common and preferred stock	`PaymentsForRepurchaseOfRedeemableCommonAndPreferredStock`	-	USD	Annual
Redemptions of redeemable common and preferred stock	`PaymentsForRepurchaseOfRedeemableCommonAndPreferredStock`	$282.86M	USD	Annual
Redemptions of redeemable common and preferred stock	`PaymentsForRepurchaseOfRedeemableCommonAndPreferredStock`	-	USD	Annual
Proceeds from Business Combination and PIPE Investment	`ProceedsFromReverseRecapitalizationTransaction`	$1.99B	USD	Annual
Proceeds from Business Combination and PIPE Investment	`ProceedsFromReverseRecapitalizationTransaction`	-	USD	Annual
Proceeds from Business Combination and PIPE Investment	`ProceedsFromReverseRecapitalizationTransaction`	-	USD	Annual
Payment of costs directly attributable to the issuance of common stock in connection with Business Combination and PIPE Investment	`PaymentsOfStockIssuanceCostsForReverseRecapitalizationTransaction`	-	USD	Annual
Payment of costs directly attributable to the issuance of common stock in connection with Business Combination and PIPE Investment	`PaymentsOfStockIssuanceCostsForReverseRecapitalizationTransaction`	-	USD	Annual
Payment of costs directly attributable to the issuance of common stock in connection with Business Combination and PIPE Investment	`PaymentsOfStockIssuanceCostsForReverseRecapitalizationTransaction`	$26.95M	USD	Annual
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$25.15M	USD	Annual
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$3.78M	USD	Annual
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$7.84M	USD	Annual
Proceeds from warrant exercises	`ProceedsFromWarrantExercises`	-	USD	Annual
Proceeds from warrant exercises	`ProceedsFromWarrantExercises`	$95.05M	USD	Annual
Proceeds from warrant exercises	`ProceedsFromWarrantExercises`	-	USD	Annual
Payment of redeemable preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$23.92M	USD	Annual
Payment of redeemable preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$40.54M	USD	Annual
Payment of redeemable preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$40.43M	USD	Annual
Payment of deferred equity costs	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Payment of deferred equity costs	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Payment of deferred equity costs	`PaymentsOfStockIssuanceCosts`	$56.00K	USD	Annual
Finance lease principal payments	`FinanceLeasePrincipalPayments`	-	USD	Annual
Finance lease principal payments	`FinanceLeasePrincipalPayments`	$516.00K	USD	Annual
Finance lease principal payments	`FinanceLeasePrincipalPayments`	$489.00K	USD	Annual
Note receivable issuance to stockholder	`PaymentsForIssuanceOfNotesReceivableToStockholder`	$58.00M	USD	Annual
Note receivable issuance to stockholder	`PaymentsForIssuanceOfNotesReceivableToStockholder`	-	USD	Annual
Note receivable issuance to stockholder	`PaymentsForIssuanceOfNotesReceivableToStockholder`	-	USD	Annual
Note receivable principal repayments from stockholder	`ProceedsFromPrincipalRepaymentsFromStockholder`	-	USD	Annual
Note receivable principal repayments from stockholder	`ProceedsFromPrincipalRepaymentsFromStockholder`	$43.51M	USD	Annual
Note receivable principal repayments from stockholder	`ProceedsFromPrincipalRepaymentsFromStockholder`	$14.49M	USD	Annual
Proceeds from common stock issuances	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from common stock issuances	`ProceedsFromIssuanceOfCommonStock`	$369.84M	USD	Annual
Proceeds from common stock issuances	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from redeemable preferred stock issuances	`ProceedsFromIssuanceOfRedeemablePreferredStock`	-	USD	Annual
Proceeds from redeemable preferred stock issuances	`ProceedsFromIssuanceOfRedeemablePreferredStock`	-	USD	Annual
Proceeds from redeemable preferred stock issuances	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$573.85M	USD	Annual
Payment of redeemable preferred stock issuance costs	`PaymentsForRedeemablePreferredStockIssuanceCosts`	$2.40M	USD	Annual
Payment of redeemable preferred stock issuance costs	`PaymentsForRedeemablePreferredStockIssuanceCosts`	-	USD	Annual
Payment of redeemable preferred stock issuance costs	`PaymentsForRedeemablePreferredStockIssuanceCosts`	-	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$93.08M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$853.75M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$684.99M	USD	Annual
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-9.00K	USD	Annual
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-145.00K	USD	Annual
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$46.00K	USD	Annual
Net (decrease) increase in cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-554.99M	USD	Annual
Net (decrease) increase in cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$633.22M	USD	Annual
Net (decrease) increase in cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$153.20M	USD	Annual
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`	$768.44M	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`	$537.00M	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`	$768.44M	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`	$537.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$494.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$499.49M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$872.58M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$273.73M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$450.85M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$190.72M	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`	$768.44M	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`	$537.00M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$224.92M	USD	Annual
Interest paid	`InterestPaidNet`	$94.80M	USD	Annual
Interest paid	`InterestPaidNet`	$129.13M	USD	Annual
Income taxes paid, net	`IncomeTaxesPaidNet`	$529.00K	USD	Annual
Income taxes paid, net	`IncomeTaxesPaidNet`	$1.76M	USD	Annual
Income taxes paid, net	`IncomeTaxesPaidNet`	$8.00K	USD	Annual
Securitization investments acquired via loan transfers	`SecuritizationInvestmentsAcquiredFromLoanTransfers`	$151.77M	USD	Annual
Securitization investments acquired via loan transfers	`SecuritizationInvestmentsAcquiredFromLoanTransfers`	$351.25M	USD	Annual
Securitization investments acquired via loan transfers	`SecuritizationInvestmentsAcquiredFromLoanTransfers`	$118.27M	USD	Annual
Non-cash property, equipment, software and intangible asset additions	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$358.00K	USD	Annual
Non-cash property, equipment, software and intangible asset additions	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$1.93M	USD	Annual
Non-cash property, equipment, software and intangible asset additions	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$15.25M	USD	Annual
Available-for-sale investments securities purchased but unpaid	`DebtSecuritiesAvailableForSalePurchasedButNotYetPaid`	-	USD	Annual
Available-for-sale investments securities purchased but unpaid	`DebtSecuritiesAvailableForSalePurchasedButNotYetPaid`	-	USD	Annual
Available-for-sale investments securities purchased but unpaid	`DebtSecuritiesAvailableForSalePurchasedButNotYetPaid`	$7.46M	USD	Annual
Share-based compensation capitalized related to internally-developed software	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$7.78M	USD	Annual
Share-based compensation capitalized related to internally-developed software	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	-	USD	Annual
Share-based compensation capitalized related to internally-developed software	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	-	USD	Annual
Third party warrants acquired with earnings initially deferred	`NoncashOrPartNoncashTransactionThirdPartyWarrantsAcquired`	-	USD	Annual
Third party warrants acquired with earnings initially deferred	`NoncashOrPartNoncashTransactionThirdPartyWarrantsAcquired`	-	USD	Annual
Third party warrants acquired with earnings initially deferred	`NoncashOrPartNoncashTransactionThirdPartyWarrantsAcquired`	$964.00K	USD	Annual
Deferred debt issuance costs accrued but unpaid	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	-	USD	Annual
Deferred debt issuance costs accrued but unpaid	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$925.00K	USD	Annual
Deferred debt issuance costs accrued but unpaid	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$1.60M	USD	Annual
Costs directly attributable to the issuance of common stock paid in 2020	`PaymentsOfReverseRecapitalizationIssuanceCosts`	-	USD	Annual
Costs directly attributable to the issuance of common stock paid in 2020	`PaymentsOfReverseRecapitalizationIssuanceCosts`	$588.00K	USD	Annual
Costs directly attributable to the issuance of common stock paid in 2020	`PaymentsOfReverseRecapitalizationIssuanceCosts`	-	USD	Annual
Reduction to temporary equity associated with purchase price adjustments	`NoncashOrPartNoncashTransactionBusinessCombinationReductionInTemporaryEquity`	-	USD	Annual
Reduction to temporary equity associated with purchase price adjustments	`NoncashOrPartNoncashTransactionBusinessCombinationReductionInTemporaryEquity`	$743.00K	USD	Annual
Reduction to temporary equity associated with purchase price adjustments	`NoncashOrPartNoncashTransactionBusinessCombinationReductionInTemporaryEquity`	-	USD	Annual
Conversion of temporary equity into permanent equity in conjunction with the Business Combination	`ReclassificationsOfTemporaryToPermanentEquity`	-	USD	Annual
Conversion of temporary equity into permanent equity in conjunction with the Business Combination	`ReclassificationsOfTemporaryToPermanentEquity`	$2.70B	USD	Annual
Conversion of temporary equity into permanent equity in conjunction with the Business Combination	`ReclassificationsOfTemporaryToPermanentEquity`	-	USD	Annual
Deconsolidation of residual interests classified as debt	`DeconsolidationOfResidualInterestsClassifiedAsDebt`	-	USD	Annual
Deconsolidation of residual interests classified as debt	`DeconsolidationOfResidualInterestsClassifiedAsDebt`	$101.72M	USD	Annual
Deconsolidation of residual interests classified as debt	`DeconsolidationOfResidualInterestsClassifiedAsDebt`	$97.93M	USD	Annual
Deconsolidation of securitization debt	`DeconsolidationOfSecuritizedDebt`	-	USD	Annual
Deconsolidation of securitization debt	`DeconsolidationOfSecuritizedDebt`	$1.37B	USD	Annual
Deconsolidation of securitization debt	`DeconsolidationOfSecuritizedDebt`	$770.92M	USD	Annual
Seller note issued in acquisition	`NotesIssued1`	$244.00M	USD	Annual
Seller note issued in acquisition	`NotesIssued1`	-	USD	Annual
Seller note issued in acquisition	`NotesIssued1`	-	USD	Annual
Redeemable preferred stock issued in acquisition	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmountOfRedeemablePreferredStockIssued`	-	USD	Annual
Redeemable preferred stock issued in acquisition	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmountOfRedeemablePreferredStockIssued`	$814.16M	USD	Annual
Redeemable preferred stock issued in acquisition	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmountOfRedeemablePreferredStockIssued`	-	USD	Annual
Redeemable preferred stock warrants accounted for as liabilities	`RedeemablePreferredStockWarrantsAccountedForAsLiabilities`	-	USD	Annual
Redeemable preferred stock warrants accounted for as liabilities	`RedeemablePreferredStockWarrantsAccountedForAsLiabilities`	-	USD	Annual
Redeemable preferred stock warrants accounted for as liabilities	`RedeemablePreferredStockWarrantsAccountedForAsLiabilities`	$22.27M	USD	Annual
Common stock options assumed in acquisition	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmountOfCommonStockOptionsIssued`	-	USD	Annual
Common stock options assumed in acquisition	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmountOfCommonStockOptionsIssued`	-	USD	Annual
Common stock options assumed in acquisition	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmountOfCommonStockOptionsIssued`	$32.20M	USD	Annual
Issuance of common stock in acquisition	`StockIssued1`	$15.56M	USD	Annual
Issuance of common stock in acquisition	`StockIssued1`	-	USD	Annual
Issuance of common stock in acquisition	`StockIssued1`	-	USD	Annual
Finance lease right-of-use assets acquired	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$15.10M	USD	Annual
Finance lease right-of-use assets acquired	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	-	USD	Annual
Finance lease right-of-use assets acquired	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	-	USD	Annual
Property, equipment and software acquired in acquisition	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$2.03M	USD	Annual
Property, equipment and software acquired in acquisition	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	-	USD	Annual
Property, equipment and software acquired in acquisition	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	-	USD	Annual
Debt assumed in acquisition	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	-	USD	Annual
Debt assumed in acquisition	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	-	USD	Annual
Debt assumed in acquisition	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	$5.83M	USD	Annual
Issuance of residual interests classified as debt as consideration for loan additions	`IssuancesOfResidualInterestsClassifiedAsDebtAsConsiderationForLoanAdditions`	$116.91M	USD	Annual
Issuance of residual interests classified as debt as consideration for loan additions	`IssuancesOfResidualInterestsClassifiedAsDebtAsConsiderationForLoanAdditions`	-	USD	Annual
Issuance of residual interests classified as debt as consideration for loan additions	`IssuancesOfResidualInterestsClassifiedAsDebtAsConsiderationForLoanAdditions`	-	USD	Annual
Accrued but unpaid deferred equity costs	`DeferredEquityCostsAccruedButNotYetPaid`	-	USD	Annual
Accrued but unpaid deferred equity costs	`DeferredEquityCostsAccruedButNotYetPaid`	$56.00K	USD	Annual
Accrued but unpaid deferred equity costs	`DeferredEquityCostsAccruedButNotYetPaid`	-	USD	Annual
Redeemed but unpaid common stock	`CommonStockRedeemedButNotYetPaid`	$526.00K	USD	Annual
Redeemed but unpaid common stock	`CommonStockRedeemedButNotYetPaid`	-	USD	Annual
Redeemed but unpaid common stock	`CommonStockRedeemedButNotYetPaid`	-	USD	Annual
Redeemed but unpaid redeemable preferred stock	`RedeemablePreferredStockRedeemedButNotYetPaid`	-	USD	Annual
Redeemed but unpaid redeemable preferred stock	`RedeemablePreferredStockRedeemedButNotYetPaid`	-	USD	Annual
Redeemed but unpaid redeemable preferred stock	`RedeemablePreferredStockRedeemedButNotYetPaid`	$132.86M	USD	Annual

Stockholders Equity 87 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	828.15M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	115.08M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$4.38B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-120.11M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-68.42M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-339.06M	USD	Point-in-time
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$246.79M	USD	Annual
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$99.87M	USD	Annual
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$60.94M	USD	Annual
Equity-based payments to non-employees	`StockIssuedDuringPeriodValueIssuedForServices`	$908.00K	USD	Annual
Equity-based payments to non-employees	`StockIssuedDuringPeriodValueIssuedForServices`	$483.00K	USD	Annual
Equity-based payments to non-employees	`StockIssuedDuringPeriodValueIssuedForServices`	$360.00K	USD	Annual
Vesting of RSUs	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	Annual
Stock withheld related to taxes on vested RSUs	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$21.41M	USD	Annual
Stock withheld related to taxes on vested RSUs	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$31.26M	USD	Annual
Stock withheld related to taxes on vested RSUs	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$42.64M	USD	Annual
Exercise of common stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	8.52M	shares	Annual
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.78M	USD	Annual
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$7.84M	USD	Annual
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$25.15M	USD	Annual
Issuance of common stock in acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$15.56M	USD	Annual
Vested stock options assumed in acquisition	`AdjustmentsToAdditionalPaidInCapitalStockOptionsVestedAndAssumedInAcquisition`	$32.20M	USD	Annual
Common stock purchases	`StockRepurchasedDuringPeriodValue`	$8.80M	USD	Annual
Common stock purchases	`StockRepurchasedDuringPeriodValue`	$566.00K	USD	Annual
Redeemable preferred stock dividends	`RedeemablePreferredStockDividends`	$40.43M	USD	Annual
Redeemable preferred stock dividends	`RedeemablePreferredStockDividends`	$40.54M	USD	Annual
Redeemable preferred stock dividends	`RedeemablePreferredStockDividends`	$23.92M	USD	Annual
Conversion of common stock warrants issued in connection with Business Combination and PIPE Investment into permanent equity	`AdjustmentsToAdditionalPaidInCapitalWarrantIssuedInReverseRecapitalization`	$185.76M	USD	Annual
Issuance of common stock related to exercise of warrants	`StockIssuedDuringPeriodValueExerciseAndRedemptionOfWarrants`	$95.05M	USD	Annual
Conversion of redeemable preferred stock warrants into permanent equity	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$161.78M	USD	Annual
Conversion of redeemable preferred stock to common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$2.70B	USD	Annual
Issuance of common stock in connection with Business Combination and PIPE Investment	`StockIssuedDuringPeriodValueReverseRecapitalization`	$1.79B	USD	Annual
Costs directly attributable to the issuance of common stock in connection with Business Combination and PIPE Investment	`AdjustmentsToAdditionalPaidInCapitalStockIssuedInReverseRecapitalizationIssuanceCosts`	$27.54M	USD	Annual
Change in par for historical SoFi common stock	`AdjustmentsToAdditionalPaidInCapitalCommonStockParValue`	-	USD	Annual
Purchase of capped calls	`AdjustmentToAdditionalPaidInCapitalCappedCallTransaction`	$113.76M	USD	Annual
Constructive retirement of treasury shares	`TreasuryStockRetiredCostMethodAmount`	-	USD	Annual
Note receivable issuance to stockholder, inclusive of interest	`AdjustmentsToAdditionalPaidInCapitalNoteReceivableToShareholder`	$61.21M	USD	Annual
Note receivable issuance to stockholder, inclusive of interest	`AdjustmentsToAdditionalPaidInCapitalNoteReceivableToShareholder`	$1.76M	USD	Annual
Note receivable payments from stockholder, inclusive of interest	`AdjustmentsToAdditionalPaidInCapitalNoteReceivablePaymentsFromStockholders`	$15.15M	USD	Annual
Note receivable payments from stockholder, inclusive of interest	`AdjustmentsToAdditionalPaidInCapitalNoteReceivablePaymentsFromStockholders`	$47.82M	USD	Annual
Preferred stock redemption	`StockRedeemedOrCalledDuringPeriodValue`	$52.66M	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$369.84M	USD	Annual
Common stock issuance costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$56.00K	USD	Annual
Net loss	`NetIncomeLoss`	$-483.94M	USD	Annual
Net loss	`NetIncomeLoss`	$-239.70M	USD	Annual
Net loss	`NetIncomeLoss`	$-224.05M	USD	Annual
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-145.00K	USD	Annual
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$46.00K	USD	Annual
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-9.00K	USD	Annual
Other comprehensive loss, net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.00K	USD	Annual
Other comprehensive loss, net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.30M	USD	Annual
Other comprehensive loss, net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-145.00K	USD	Annual
Ending balance (in shares)	`CommonStockSharesOutstanding`	828.15M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	115.08M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$4.38B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-120.11M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-68.42M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-339.06M	USD	Point-in-time
Temporary equity, beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	469.15M	shares	Point-in-time
Temporary equity, beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	370.22M	shares	Point-in-time
Temporary equity, beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	3.23M	shares	Point-in-time
Temporary equity, beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	404.17M	shares	Point-in-time
Temporary equity, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$320.37M	USD	Point-in-time
Temporary equity, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$1.89B	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
Issuance of redeemable preferred stock (in shares)	`TemporaryEquityStockIssuedDuringPeriodSharesNewIssues`	91.92M	shares	Annual
Issuance of redeemable preferred stock (in shares)	`TemporaryEquityStockIssuedDuringPeriodSharesNewIssues`	33.95M	shares	Annual
Issuance of redeemable preferred stock	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$551.58M	USD	Annual
Issuance of redeemable preferred stock	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$814.16M	USD	Annual
Preferred stock redemption (in shares)	`TemporaryEquityStockRedeemedOrCalledDuringPeriodShares`	26.94M	shares	Annual
Preferred stock redemption	`TemporaryEquityStockRedeemedOrCalledDuringPeriodValue`	$80.20M	USD	Annual
Preferred stock issuance costs	`TemporaryEquityStockIssuedIssuanceCosts`	$2.40M	USD	Annual
Cancellation of redeemable preferred stock related to a business combination (in shares)	`TemporaryEquityCancellationsShares`	83,856.00	shares	Annual
Cancellation of redeemable preferred stock related to a business combination	`TemporaryEquityCancellationsValue`	$743.00K	USD	Annual
Conversion of redeemable preferred stock to common stock (in shares)	`TemporaryEquityStockIssuedDuringPeriodSharesConversionOfUnits`	450.83M	shares	Annual
Conversion of redeemable preferred stock to common stock	`TemporaryEquityStockIssuedDuringPeriodValueConversionOfUnits`	$2.70B	USD	Annual
Repurchase of redeemable common stock (in shares)	`TemporaryEquitySharesRepurchaseOfRedeemableCommonStock`	15.00M	shares	Annual
Repurchase of redeemable common stock	`TemporaryEquityValueRepurchaseOfRedeemableCommonStock`	$150.00M	USD	Annual
Temporary equity, ending balance (in shares)	`TemporaryEquitySharesOutstanding`	469.15M	shares	Point-in-time
Temporary equity, ending balance (in shares)	`TemporaryEquitySharesOutstanding`	370.22M	shares	Point-in-time
Temporary equity, ending balance (in shares)	`TemporaryEquitySharesOutstanding`	3.23M	shares	Point-in-time
Temporary equity, ending balance (in shares)	`TemporaryEquitySharesOutstanding`	404.17M	shares	Point-in-time
Temporary equity, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$320.37M	USD	Point-in-time
Temporary equity, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$1.89B	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.