SoFi stock price climbed 5% in recent trading as investors digest the fintech company’s acquisition of Composer Securities and strong revenue momentum heading into the second half of 2026.
On June 23, SoFi announced the acquisition of Composer Securities LLC and launched Composer by SoFi, an AI-powered investing platform that enables retail investors to create, test, and execute automated trading strategies using plain language. CEO Anthony Noto said the move reflects SoFi’s strategy of identifying innovative technologies to strengthen its ecosystem.
Composer by SoFi allows investors to turn investment ideas into fully functioning strategies in minutes. Rather than requiring coding skills or multiple software platforms, the tool guides users through building rules-based strategies using natural language, then backtests them against historical data before automated execution. The platform offers three entry points: designing custom strategies, discovering community-built strategies from over 2,000 options, or combining strategies for diversified portfolios.
The AI investing platform acquisition comes as SoFi demonstrates accelerating financial performance. In the first quarter of 2026, the company reported record net revenue of $1.1 billion, up 43% year-over-year, according to SoFi’s April 29 earnings announcement. For the second quarter of 2026, SoFi is guiding for adjusted net revenue growth of approximately 30% to reach roughly $1.115 billion, maintaining the momentum from strong member and product growth.
Composer by SoFi differs from agentic trading tools by using AI to help investors build sophisticated rules-based strategies rather than relying on AI to continuously make trading decisions. Investors retain visibility into how their strategies work and can evaluate historical performance across different market environments before activation. SoFi has priced the Composer subscription at $40 per month or $384 annually for the automated trading feature, with no immediate plans to adjust pricing.
The acquisition integrates with SoFi’s broader AI expansion. In June, the company also introduced SoFi Coach, an AI-powered financial assistant designed to help members better understand and manage their money. Over time, SoFi plans to integrate Composer’s technology into its main platform and expand access through SoFi Plus, its membership program.
Sources
- SoFi Investor Relations — Composer acquisition announcement and AI platform launch details, June 23, 2026
- TradingView — SoFi stock price movement and 5.02% 24-hour gain
- Seeking Alpha — Q2 2026 revenue guidance of approximately 30% growth
- Yahoo Finance — Q1 2026 earnings: record revenue of $1.1 billion, up 43% year-over-year
- AdvisorHub — Composer pricing at $40 per month or $384 annually
