10-Q Filing

SOFI TECHNOLOGIES, INC. CIK: 1818874 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001818874-22-000185`
Period End Date	20220630
Filing Date	20220809
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	sofi-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 108 Income Statement 140 Cash Flow Statement 143 Stockholders Equity 91

Balance Sheet 108 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$494.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$461.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$707.30M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$306.53M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$273.73M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$291.63M	USD	Point-in-time
Investments in available-for-sale securities (amortized cost of $205,168 and $195,796, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$194.91M	USD	Point-in-time
Investments in available-for-sale securities (amortized cost of $205,168 and $195,796, respectively)	`AvailableForSaleSecuritiesDebtSecurities`	$197.93M	USD	Point-in-time
Loans, less allowance for credit losses on loans	`NotesReceivableNet`	$6.07B	USD	Point-in-time
Loans, less allowance for credit losses on loans	`NotesReceivableNet`	$8.21B	USD	Point-in-time
Servicing rights	`ServicingAssetAtFairValueAmount`	$173.50M	USD	Point-in-time
Servicing rights	`ServicingAssetAtFairValueAmount`	$149.60M	USD	Point-in-time
Servicing rights	`ServicingAssetAtFairValueAmount`	$159.77M	USD	Point-in-time
Investments in available-for-sale securities, amortized cost	`DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss`	$195.80M	USD	Point-in-time
Servicing rights	`ServicingAssetAtFairValueAmount`	$168.26M	USD	Point-in-time
Servicing rights	`ServicingAssetAtFairValueAmount`	$161.24M	USD	Point-in-time
Investments in available-for-sale securities, amortized cost	`DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss`	$205.17M	USD	Point-in-time
Servicing rights	`ServicingAssetAtFairValueAmount`	$176.96M	USD	Point-in-time
Securitization investments	`InterestsContinuedToBeHeldByTransferorFairValue`	$288.72M	USD	Point-in-time
Loans held for investment, allowance for credit loss	`FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest`	$7.04M	USD	Point-in-time
Loans held for investment, allowance for credit loss	`FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest`	$23.18M	USD	Point-in-time
Securitization investments	`InterestsContinuedToBeHeldByTransferorFairValue`	$374.69M	USD	Point-in-time
Other assets, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$2.29M	USD	Point-in-time
Other assets, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$919.00K	USD	Point-in-time
Other assets, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$1.23M	USD	Point-in-time
Other assets, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$2.72M	USD	Point-in-time
Other assets, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$1.65M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$19.74M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	-	USD	Point-in-time
Other assets, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$562.00K	USD	Point-in-time
Property, equipment and software	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$148.74M	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
Property, equipment and software	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$111.87M	USD	Point-in-time
Redeemable preferred stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Goodwill	`Goodwill`	$1.63B	USD	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
Redeemable preferred stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	100.00M	shares	Point-in-time
Goodwill	`Goodwill`	$898.53M	USD	Point-in-time
Redeemable preferred stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	3.23M	shares	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$284.58M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$481.12M	USD	Point-in-time
Redeemable preferred stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	3.23M	shares	Point-in-time
Redeemable preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	3.23M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$108.74M	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`	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`	3.23M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$115.19M	USD	Point-in-time
Redeemable preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	3.23M	shares	Point-in-time
Other assets, less allowance for credit losses of $2,720 and $2,292, respectively	`OtherAssets`	$171.24M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Other assets, less allowance for credit losses of $2,720 and $2,292, respectively	`OtherAssets`	$431.87M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Total assets	`Assets`	$9.18B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	3.10B	shares	Point-in-time
Total assets	`Assets`	$12.67B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	3.10B	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	828.15M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	922.10M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	922.10M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	828.15M	shares	Point-in-time
Total loans at fair value	`LoansReceivableFairValueDisclosure`	$5.95B	USD	Point-in-time
Total loans at fair value	`LoansReceivableFairValueDisclosure`	$7.96B	USD	Point-in-time
Noninterest-bearing deposits	`NoninterestBearingDepositLiabilities`	-	USD	Point-in-time
Redemption amount	`TemporaryEquityAggregateAmountOfRedemptionRequirement`	$323.40M	USD	Point-in-time
Noninterest-bearing deposits	`NoninterestBearingDepositLiabilities`	$82.80M	USD	Point-in-time
Redemption amount	`TemporaryEquityAggregateAmountOfRedemptionRequirement`	$323.40M	USD	Point-in-time
Interest-bearing deposits	`InterestBearingDepositLiabilities`	-	USD	Point-in-time
Interest-bearing deposits	`InterestBearingDepositLiabilities`	$2.63B	USD	Point-in-time
Total deposits	`Deposits`	-	USD	Point-in-time
Total deposits	`Deposits`	$2.71B	USD	Point-in-time
Accounts payable, accruals and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$298.16M	USD	Point-in-time
Accounts payable, accruals and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$542.34M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$138.79M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$131.74M	USD	Point-in-time
Debt	`DebtLongtermAndShorttermCombinedAmount`	$3.95B	USD	Point-in-time
Debt	`DebtLongtermAndShorttermCombinedAmount`	$3.72B	USD	Point-in-time
Residual interests classified as debt	`BeneficialInterest`	$93.68M	USD	Point-in-time
Residual interests classified as debt	`BeneficialInterest`	$54.44M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.16B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.48B	USD	Point-in-time
Commitments, guarantees, concentrations and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments, guarantees, concentrations and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$3.17B	USD	Point-in-time
Redeemable preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$3.17B	USD	Point-in-time
Redeemable preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$320.37M	USD	Point-in-time
Redeemable preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$320.37M	USD	Point-in-time
Redeemable preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$320.37M	USD	Point-in-time
Redeemable preferred stock	`TemporaryEquityCarryingAmountAttributableToParent`	$320.37M	USD	Point-in-time
Common stock	`CommonStockValue`	$83.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$92.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.56B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$6.58B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.47M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.01M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.39B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.18B	USD	Point-in-time
Total permanent equity	`StockholdersEquity`	$-120.11M	USD	Point-in-time
Total permanent equity	`StockholdersEquity`	$4.21B	USD	Point-in-time
Total permanent equity	`StockholdersEquity`	$5.19B	USD	Point-in-time
Total permanent equity	`StockholdersEquity`	$4.38B	USD	Point-in-time
Total permanent equity	`StockholdersEquity`	$-293.64M	USD	Point-in-time
Total permanent equity	`StockholdersEquity`	$5.21B	USD	Point-in-time
Total liabilities, temporary equity and permanent equity	`LiabilitiesAndStockholdersEquity`	$12.67B	USD	Point-in-time
Total liabilities, temporary equity and permanent equity	`LiabilitiesAndStockholdersEquity`	$9.18B	USD	Point-in-time

Income Statement 140 line items

Line Item	Tag	Value	Unit	Period
Loans	`InterestAndFeeIncomeLoansAndLeases`	$145.34M	USD	1 Quarter
Loans	`InterestAndFeeIncomeLoansAndLeases`	$259.72M	USD	2 Qtrs
Loans	`InterestAndFeeIncomeLoansAndLeases`	$79.68M	USD	1 Quarter
Loans	`InterestAndFeeIncomeLoansAndLeases`	$156.90M	USD	2 Qtrs
Securitizations	`InterestIncomeSecuritizations`	$8.26M	USD	2 Qtrs
Securitizations	`InterestIncomeSecuritizations`	$2.57M	USD	1 Quarter
Securitizations	`InterestIncomeSecuritizations`	$5.33M	USD	2 Qtrs
Securitizations	`InterestIncomeSecuritizations`	$3.79M	USD	1 Quarter
Related party notes	`InterestIncomeRelatedParty`	-	USD	1 Quarter
Related party notes	`InterestIncomeRelatedParty`	-	USD	1 Quarter
Related party notes	`InterestIncomeRelatedParty`	$211.00K	USD	2 Qtrs
Related party notes	`InterestIncomeRelatedParty`	-	USD	2 Qtrs
Other	`InterestIncomeOther`	$2.88M	USD	2 Qtrs
Other	`InterestIncomeOther`	$1.61M	USD	1 Quarter
Other	`InterestIncomeOther`	$1.26M	USD	2 Qtrs
Other	`InterestIncomeOther`	$636.00K	USD	1 Quarter
Total interest income	`InterestIncomeOperating`	$149.51M	USD	1 Quarter
Total interest income	`InterestIncomeOperating`	$84.11M	USD	1 Quarter
Total interest income	`InterestIncomeOperating`	$267.92M	USD	2 Qtrs
Total interest income	`InterestIncomeOperating`	$166.64M	USD	2 Qtrs
Securitizations and warehouses	`InterestExpenseSecuritizationsAndWarehouses`	$26.25M	USD	1 Quarter
Securitizations and warehouses	`InterestExpenseSecuritizationsAndWarehouses`	$18.60M	USD	1 Quarter
Securitizations and warehouses	`InterestExpenseSecuritizationsAndWarehouses`	$38.51M	USD	2 Qtrs
Securitizations and warehouses	`InterestExpenseSecuritizationsAndWarehouses`	$56.06M	USD	2 Qtrs
Deposits	`InterestExpenseDeposits`	-	USD	1 Quarter
Deposits	`InterestExpenseDeposits`	$4.97M	USD	2 Qtrs
Deposits	`InterestExpenseDeposits`	-	USD	2 Qtrs
Deposits	`InterestExpenseDeposits`	$4.54M	USD	1 Quarter
Corporate borrowings	`InterestExpenseBorrowings`	$6.10M	USD	2 Qtrs
Corporate borrowings	`InterestExpenseBorrowings`	$3.45M	USD	1 Quarter
Corporate borrowings	`InterestExpenseBorrowings`	$1.38M	USD	1 Quarter
Corporate borrowings	`InterestExpenseBorrowings`	$6.39M	USD	2 Qtrs
Other	`InterestExpenseOther`	$191.00K	USD	1 Quarter
Other	`InterestExpenseOther`	$468.00K	USD	1 Quarter
Other	`InterestExpenseOther`	$684.00K	USD	2 Qtrs
Other	`InterestExpenseOther`	$900.00K	USD	2 Qtrs
Total interest expense	`InterestExpense`	$50.26M	USD	2 Qtrs
Total interest expense	`InterestExpense`	$63.34M	USD	2 Qtrs
Total interest expense	`InterestExpense`	$26.78M	USD	1 Quarter
Total interest expense	`InterestExpense`	$28.10M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$56.01M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$217.66M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$103.29M	USD	2 Qtrs
Net interest income	`InterestIncomeExpenseNet`	$122.73M	USD	1 Quarter
Loan origination and sales	`NoninterestIncomeLoanOriginationsAndSales`	$220.06M	USD	2 Qtrs
Loan origination and sales	`NoninterestIncomeLoanOriginationsAndSales`	$109.72M	USD	1 Quarter
Loan origination and sales	`NoninterestIncomeLoanOriginationsAndSales`	$302.12M	USD	2 Qtrs
Loan origination and sales	`NoninterestIncomeLoanOriginationsAndSales`	$144.41M	USD	1 Quarter
Securitizations	`GainLossOnSecuritizationOfFinancialAssets`	$-2.06M	USD	2 Qtrs
Securitizations	`GainLossOnSecuritizationOfFinancialAssets`	$-11.74M	USD	1 Quarter
Securitizations	`GainLossOnSecuritizationOfFinancialAssets`	$-23.02M	USD	2 Qtrs
Securitizations	`GainLossOnSecuritizationOfFinancialAssets`	$-26.00K	USD	1 Quarter
Servicing	`NoninterestIncomeServicing`	$22.71M	USD	2 Qtrs
Servicing	`NoninterestIncomeServicing`	$-224.00K	USD	1 Quarter
Servicing	`NoninterestIncomeServicing`	$-12.33M	USD	2 Qtrs
Servicing	`NoninterestIncomeServicing`	$10.47M	USD	1 Quarter
Technology products and solutions	`RevenueFromContractWithCustomerExcludingAssessedTaxTechnologyProductsAndSolutions`	$90.61M	USD	2 Qtrs
Technology products and solutions	`RevenueFromContractWithCustomerExcludingAssessedTaxTechnologyProductsAndSolutions`	$81.67M	USD	1 Quarter
Technology products and solutions	`RevenueFromContractWithCustomerExcludingAssessedTaxTechnologyProductsAndSolutions`	$44.95M	USD	1 Quarter
Technology products and solutions	`RevenueFromContractWithCustomerExcludingAssessedTaxTechnologyProductsAndSolutions`	$141.53M	USD	2 Qtrs
Other	`NoninterestIncomeOther`	$27.69M	USD	2 Qtrs
Other	`NoninterestIncomeOther`	$14.98M	USD	1 Quarter
Other	`NoninterestIncomeOther`	$31.88M	USD	2 Qtrs
Other	`NoninterestIncomeOther`	$20.84M	USD	1 Quarter
Total noninterest income	`NoninterestIncome`	$323.97M	USD	2 Qtrs
Total noninterest income	`NoninterestIncome`	$475.21M	USD	2 Qtrs
Total noninterest income	`NoninterestIncome`	$175.26M	USD	1 Quarter
Total noninterest income	`NoninterestIncome`	$239.80M	USD	1 Quarter
Total net revenue (loss)	`RevenuesNetOfInterestExpense`	$427.26M	USD	2 Qtrs
Total net revenue (loss)	`RevenuesNetOfInterestExpense`	$692.87M	USD	2 Qtrs
Total net revenue (loss)	`RevenuesNetOfInterestExpense`	$362.53M	USD	1 Quarter
Total net revenue (loss)	`RevenuesNetOfInterestExpense`	$231.27M	USD	1 Quarter
Technology and product development	`ResearchAndDevelopmentExpense`	$69.39M	USD	1 Quarter
Technology and product development	`ResearchAndDevelopmentExpense`	$181.27M	USD	2 Qtrs
Technology and product development	`ResearchAndDevelopmentExpense`	$135.34M	USD	2 Qtrs
Technology and product development	`ResearchAndDevelopmentExpense`	$99.37M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$182.19M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$143.85M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$281.99M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$94.95M	USD	1 Quarter
Cost of operations	`CostOfGoodsAndServicesSold`	$118.19M	USD	2 Qtrs
Cost of operations	`CostOfGoodsAndServicesSold`	$79.09M	USD	1 Quarter
Cost of operations	`CostOfGoodsAndServicesSold`	$149.53M	USD	2 Qtrs
Cost of operations	`CostOfGoodsAndServicesSold`	$60.62M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$332.91M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$171.22M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$125.83M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$262.33M	USD	2 Qtrs
Provision for credit losses	`FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal`	$10.10M	USD	1 Quarter
Provision for credit losses	`FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal`	$486.00K	USD	2 Qtrs
Provision for credit losses	`FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal`	$23.06M	USD	2 Qtrs
Provision for credit losses	`FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal`	$486.00K	USD	1 Quarter
Total noninterest expense	`NoninterestExpense`	$396.67M	USD	1 Quarter
Total noninterest expense	`NoninterestExpense`	$769.12M	USD	2 Qtrs
Total noninterest expense	`NoninterestExpense`	$898.19M	USD	2 Qtrs
Total noninterest expense	`NoninterestExpense`	$458.24M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-95.72M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-165.39M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-205.32M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-341.86M	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$871.00K	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$1.02M	USD	2 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$119.00K	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-78.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-206.19M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-342.88M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-95.83M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-165.31M	USD	1 Quarter
Unrealized losses on available-for-sale securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-6.45M	USD	2 Qtrs
Unrealized losses on available-for-sale securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Unrealized losses on available-for-sale securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.99M	USD	1 Quarter
Unrealized losses on available-for-sale securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-346.00K	USD	2 Qtrs
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-266.00K	USD	1 Quarter
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-94.00K	USD	2 Qtrs
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-56.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.05M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-6.54M	USD	2 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-346.00K	USD	2 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-266.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-97.88M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-212.73M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-165.58M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-343.22M	USD	2 Qtrs
Loss per share - basic (in dollars per share)	`EarningsPerShareBasic`	$-0.48	USD	1 Quarter
Loss per share - basic (in dollars per share)	`EarningsPerShareBasic`	$-0.26	USD	2 Qtrs
Loss per share - basic (in dollars per share)	`EarningsPerShareBasic`	$-0.12	USD	1 Quarter
Loss per share - basic (in dollars per share)	`EarningsPerShareBasic`	$-1.50	USD	2 Qtrs
Loss per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.26	USD	2 Qtrs
Loss per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.12	USD	1 Quarter
Loss per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.50	USD	2 Qtrs
Loss per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.48	USD	1 Quarter
Weighted average common stock outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	365.04M	shares	1 Quarter
Weighted average common stock outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	241.28M	shares	2 Qtrs
Weighted average common stock outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	881.61M	shares	2 Qtrs
Weighted average common stock outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	910.05M	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`	881.61M	shares	2 Qtrs
Weighted average common stock outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	910.05M	shares	1 Quarter

Cash Flow Statement 143 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-206.19M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-342.88M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-95.83M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-165.31M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$50.97M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$68.75M	USD	2 Qtrs
Deferred debt issuance and discount expense	`AmortizationOfFinancingCostsAndDiscounts`	$11.45M	USD	2 Qtrs
Deferred debt issuance and discount expense	`AmortizationOfFinancingCostsAndDiscounts`	$8.12M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$157.16M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$89.61M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.32M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$637.00K	USD	2 Qtrs
Fair value changes in residual interests classified as debt	`FairValueAdjustmentOfResidualInterestsClassifiedAsDebt`	$13.67M	USD	2 Qtrs
Fair value changes in residual interests classified as debt	`FairValueAdjustmentOfResidualInterestsClassifiedAsDebt`	$5.62M	USD	2 Qtrs
Fair value changes in securitization investments	`FairValueAdjustmentOfSecuritizationOfLoans`	$-9.98M	USD	2 Qtrs
Fair value changes in securitization investments	`FairValueAdjustmentOfSecuritizationOfLoans`	$5.50M	USD	2 Qtrs
Fair value changes in warrant liabilities	`FairValueAdjustmentOfWarrants`	-	USD	2 Qtrs
Fair value changes in warrant liabilities	`FairValueAdjustmentOfWarrants`	$160.91M	USD	2 Qtrs
Fair value adjustment to related party notes receivable	`FairValueAdjustmentOfRelatedPartyNotesReceivable`	$-169.00K	USD	2 Qtrs
Fair value adjustment to related party notes receivable	`FairValueAdjustmentOfRelatedPartyNotesReceivable`	-	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-29.93M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$3.94M	USD	2 Qtrs
Originations and purchases of loans	`PaymentsForOriginationAndPurchasesOfLoansHeldForSale`	$5.75B	USD	2 Qtrs
Originations and purchases of loans	`PaymentsForOriginationAndPurchasesOfLoansHeldForSale`	$6.88B	USD	2 Qtrs
Proceeds from sales and repayments of loans	`ProceedsFromSaleAndCollectionOfLoansHeldforsale`	$5.85B	USD	2 Qtrs
Proceeds from sales and repayments of loans	`ProceedsFromSaleAndCollectionOfLoansHeldforsale`	$4.85B	USD	2 Qtrs
Other changes in loans	`IncreaseDecreaseInOtherLoans`	$-22.17M	USD	2 Qtrs
Other changes in loans	`IncreaseDecreaseInOtherLoans`	$-5.23M	USD	2 Qtrs
Servicing assets	`IncreaseDecreaseInServicingAssetsFromSecuritization`	$8.71M	USD	2 Qtrs
Servicing assets	`IncreaseDecreaseInServicingAssetsFromSecuritization`	$10.17M	USD	2 Qtrs
Related party notes receivable interest income	`IncreaseDecreaseInRelatedPartyNotesReceivableInterestIncome`	-	USD	2 Qtrs
Related party notes receivable interest income	`IncreaseDecreaseInRelatedPartyNotesReceivableInterestIncome`	$-1.40M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$49.57M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$21.75M	USD	2 Qtrs
Accounts payable, accruals and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$36.90M	USD	2 Qtrs
Accounts payable, accruals and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$33.86M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$82.61M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.96B	USD	2 Qtrs
Purchases of property, equipment, software and intangible assets	`PaymentsToAcquireProductiveAssets`	$50.03M	USD	2 Qtrs
Purchases of property, equipment, software and intangible assets	`PaymentsToAcquireProductiveAssets`	$26.81M	USD	2 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$44.97M	USD	2 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Proceeds from sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Proceeds from sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$23.50M	USD	2 Qtrs
Proceeds from maturities and paydowns of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.94M	USD	1 Quarter
Proceeds from maturities and paydowns of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	-	USD	2 Qtrs
Proceeds from maturities and paydowns of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$13.91M	USD	2 Qtrs
Changes in loans, net	`PaymentsForProceedsFromFinancingReceivableAfterAllowanceForCreditLosses`	$81.85M	USD	2 Qtrs
Changes in loans, net	`PaymentsForProceedsFromFinancingReceivableAfterAllowanceForCreditLosses`	-	USD	2 Qtrs
Proceeds from non-securitization investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$107.53M	USD	2 Qtrs
Proceeds from non-securitization investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	-	USD	2 Qtrs
Proceeds from securitization investments	`ProceedsFromReceiptsFromSecuritizationInvestments`	$75.99M	USD	2 Qtrs
Proceeds from securitization investments	`ProceedsFromReceiptsFromSecuritizationInvestments`	$141.92M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-58.54M	USD	2 Qtrs
Proceeds from repayment of related party notes receivable	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	-	USD	2 Qtrs
Proceeds from repayment of related party notes receivable	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	$16.69M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$239.34M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.92M	USD	2 Qtrs
Proceeds from debt issuances	`ProceedsFromIssuanceOfLongTermDebt`	$4.71B	USD	2 Qtrs
Proceeds from debt issuances	`ProceedsFromIssuanceOfLongTermDebt`	$3.85B	USD	2 Qtrs
Repayment of debt	`RepaymentsOfLongTermDebt`	$6.36B	USD	2 Qtrs
Repayment of debt	`RepaymentsOfLongTermDebt`	$4.99B	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.98M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$4.52M	USD	2 Qtrs
Net change in deposits	`IncreaseDecreaseInDeposits`	-	USD	2 Qtrs
Net change in deposits	`IncreaseDecreaseInDeposits`	$2.50B	USD	2 Qtrs
Taxes paid related to net share settlement of share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.85M	USD	2 Qtrs
Taxes paid related to net share settlement of share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$28.60M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$3.37M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$2.06M	USD	2 Qtrs
Payment of redeemable preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$20.05M	USD	2 Qtrs
Payment of redeemable preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$20.05M	USD	2 Qtrs
Finance lease principal payments	`FinanceLeasePrincipalPayments`	$241.00K	USD	2 Qtrs
Finance lease principal payments	`FinanceLeasePrincipalPayments`	$278.00K	USD	2 Qtrs
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Purchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$526.00K	USD	2 Qtrs
Redemptions of redeemable common and preferred stock	`PaymentsForRepurchaseOfRedeemableCommonAndPreferredStock`	$282.86M	USD	2 Qtrs
Redemptions of redeemable common and preferred stock	`PaymentsForRepurchaseOfRedeemableCommonAndPreferredStock`	-	USD	2 Qtrs
Proceeds from Business Combination and PIPE Investment	`ProceedsFromReverseRecapitalizationTransaction`	-	USD	2 Qtrs
Proceeds from Business Combination and PIPE Investment	`ProceedsFromReverseRecapitalizationTransaction`	$1.99B	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
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-876.58M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.19B	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`	$-94.00K	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$230.50M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-554.98M	USD	2 Qtrs
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$998.93M	USD	Point-in-time
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`	$768.45M	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 end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$998.93M	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`	$768.45M	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 and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$494.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$461.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$707.30M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$306.53M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$273.73M	USD	Point-in-time
Restricted cash and restricted cash equivalents	`RestrictedCashAndCashEquivalents`	$291.63M	USD	Point-in-time
Total cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$998.93M	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`	$768.45M	USD	Point-in-time
Total cash, cash equivalents, restricted cash and restricted cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$768.44M	USD	Point-in-time
Issuance of common stock in acquisition	`StockIssued1`	$875.04M	USD	2 Qtrs
Issuance of common stock in acquisition	`StockIssued1`	-	USD	2 Qtrs
Vested awards assumed in acquisition	`NoncashOrPartNoncashAcquisitionValueOfVestedStockAwardsAssumed`	$2.85M	USD	2 Qtrs
Vested awards assumed in acquisition	`NoncashOrPartNoncashAcquisitionValueOfVestedStockAwardsAssumed`	-	USD	2 Qtrs
Loans received in acquisition	`NoncashOrPartNoncashAcquisitionFinancingReceivablesAcquired`	-	USD	2 Qtrs
Loans received in acquisition	`NoncashOrPartNoncashAcquisitionFinancingReceivablesAcquired`	$84.48M	USD	2 Qtrs
Debt assumed in acquisition	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	$2.00M	USD	2 Qtrs
Debt assumed in acquisition	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	-	USD	2 Qtrs
Deposits assumed in acquisition	`NoncashOrPartNoncashAcquisitionDepositsAssumed`	-	USD	2 Qtrs
Deposits assumed in acquisition	`NoncashOrPartNoncashAcquisitionDepositsAssumed`	$158.02M	USD	2 Qtrs
Deposits credited but not yet received in cash	`NoncashOrPartNoncashAcquisitionDepositsCreditedButNotYetReceived`	-	USD	2 Qtrs
Deposits credited but not yet received in cash	`NoncashOrPartNoncashAcquisitionDepositsCreditedButNotYetReceived`	$57.99M	USD	2 Qtrs
Available-for-sale securities received in acquisition	`NoncashOrPartNoncashAcquisitionInvestmentsAcquired1`	$10.01M	USD	2 Qtrs
Available-for-sale securities received in acquisition	`NoncashOrPartNoncashAcquisitionInvestmentsAcquired1`	-	USD	2 Qtrs
Property, equipment and software received in acquisition	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$3.19M	USD	2 Qtrs
Property, equipment and software received in acquisition	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	-	USD	2 Qtrs
Non-cash loan reduction	`NoncashOrPartNoncashTransactionIncreaseDecreaseInFinancingReceivable`	$886.00K	USD	2 Qtrs
Non-cash loan reduction	`NoncashOrPartNoncashTransactionIncreaseDecreaseInFinancingReceivable`	-	USD	2 Qtrs
Share-based compensation capitalized related to internally-developed software	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$10.36M	USD	2 Qtrs
Share-based compensation capitalized related to internally-developed software	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	-	USD	2 Qtrs
Non-cash property, equipment, software and intangible asset additions	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$191.00K	USD	2 Qtrs
Non-cash property, equipment, software and intangible asset additions	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$896.00K	USD	2 Qtrs
Deferred debt issuance costs accrued but unpaid	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$163.00K	USD	2 Qtrs
Deferred debt issuance costs accrued but unpaid	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$550.00K	USD	2 Qtrs
Securitization investments acquired via loan transfers	`SecuritizationInvestmentsAcquiredFromLoanTransfers`	$47.27M	USD	2 Qtrs
Securitization investments acquired via loan transfers	`SecuritizationInvestmentsAcquiredFromLoanTransfers`	-	USD	2 Qtrs
Costs directly attributable to the issuance of common stock paid in 2020	`PaymentsOfReverseRecapitalizationIssuanceCosts`	-	USD	2 Qtrs
Costs directly attributable to the issuance of common stock paid in 2020	`PaymentsOfReverseRecapitalizationIssuanceCosts`	$588.00K	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

Stockholders Equity 91 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	922.10M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	828.15M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$-120.11M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.21B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.19B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.38B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-293.64M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.21B	USD	Point-in-time
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$167.52M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$52.15M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$85.90M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$89.61M	USD	2 Qtrs
Vesting of RSUs	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Vesting of RSUs	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	2 Qtrs
Stock withheld related to taxes on vested RSUs	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.25M	USD	1 Quarter
Stock withheld related to taxes on vested RSUs	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.85M	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
Exercise of common stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	1.44M	shares	2 Qtrs
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$193.00K	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.37M	USD	2 Qtrs
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$741.00K	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.06M	USD	2 Qtrs
Issuance of common stock in acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$875.04M	USD	2 Qtrs
Vested awards assumed in acquisition	`StockIssuedDuringPeriodValueAcquisitionsVestedSharesAcquired`	$2.85M	USD	2 Qtrs
Redeemable preferred stock dividends	`RedeemablePreferredStockDividends`	$20.05M	USD	2 Qtrs
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`	$10.08M	USD	1 Quarter
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	1 Quarter
Issuance of common stock in connection with Business Combination and PIPE Investment	`StockIssuedDuringPeriodValueReverseRecapitalization`	$1.79B	USD	2 Qtrs
Costs directly attributable to the issuance of common stock in connection with Business Combination and PIPE Investment	`AdjustmentsToAdditionalPaidInCapitalStockIssuedInReverseRecapitalizationIssuanceCosts`	$27.54M	USD	2 Qtrs
Costs directly attributable to the issuance of common stock in connection with Business Combination and PIPE Investment	`AdjustmentsToAdditionalPaidInCapitalStockIssuedInReverseRecapitalizationIssuanceCosts`	$27.54M	USD	1 Quarter
Change in par for historical SoFi common stock	`AdjustmentsToAdditionalPaidInCapitalCommonStockParValue`	-	USD	2 Qtrs
Change in par for historical SoFi common stock	`AdjustmentsToAdditionalPaidInCapitalCommonStockParValue`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-206.19M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-342.88M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-95.83M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-165.31M	USD	1 Quarter
Other comprehensive loss, net of taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.05M	USD	1 Quarter
Other comprehensive loss, net of taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-6.54M	USD	2 Qtrs
Other comprehensive loss, net of taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-346.00K	USD	2 Qtrs
Other comprehensive loss, net of taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-266.00K	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	922.10M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	828.15M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$-120.11M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.21B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.19B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.38B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-293.64M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.21B	USD	Point-in-time
Temporary equity, beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	3.23M	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`	3.23M	shares	Point-in-time
Temporary equity, beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	3.23M	shares	Point-in-time
Temporary equity, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$3.17B	USD	Point-in-time
Temporary equity, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$3.17B	USD	Point-in-time
Temporary equity, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$320.37M	USD	Point-in-time
Temporary equity, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$320.37M	USD	Point-in-time
Temporary equity, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$320.37M	USD	Point-in-time
Temporary equity, beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$320.37M	USD	Point-in-time
Cancellation of redeemable preferred stock related to a business combination (in shares)	`TemporaryEquityCancellationsShares`	83,856.00	shares	1 Quarter
Cancellation of redeemable preferred stock related to a business combination (in shares)	`TemporaryEquityCancellationsShares`	83,856.00	shares	2 Qtrs
Cancellation of redeemable preferred stock related to a business combination	`TemporaryEquityCancellationsValue`	$743.00K	USD	2 Qtrs
Cancellation of redeemable preferred stock related to a business combination	`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	1 Quarter
Conversion of redeemable preferred stock to common stock	`TemporaryEquityStockIssuedDuringPeriodValueConversionOfUnits`	$2.70B	USD	2 Qtrs
Repurchase of redeemable common stock	`TemporaryEquitySharesRepurchaseOfRedeemableCommonStock`	15.00M	shares	1 Quarter
Repurchase of redeemable common stock	`TemporaryEquitySharesRepurchaseOfRedeemableCommonStock`	15.00M	shares	2 Qtrs
Repurchase of redeemable common stock	`TemporaryEquityValueRepurchaseOfRedeemableCommonStock`	$150.00M	USD	2 Qtrs
Repurchase of redeemable common stock	`TemporaryEquityValueRepurchaseOfRedeemableCommonStock`	$150.00M	USD	1 Quarter
Temporary equity, ending balance (in shares)	`TemporaryEquitySharesOutstanding`	3.23M	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`	3.23M	shares	Point-in-time
Temporary equity, ending balance (in shares)	`TemporaryEquitySharesOutstanding`	3.23M	shares	Point-in-time
Temporary equity, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$3.17B	USD	Point-in-time
Temporary equity, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$3.17B	USD	Point-in-time
Temporary equity, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$320.37M	USD	Point-in-time
Temporary equity, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$320.37M	USD	Point-in-time
Temporary equity, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$320.37M	USD	Point-in-time
Temporary equity, ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$320.37M	USD	Point-in-time

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