We had already known about the partnership between SoFi and Samsung, but today the companies have officially unveiled Samsung Money by SoFi in a news release; the new offering is a mobile-first money management experience launching this summer; a physical Mastercard is also provided to users who will earn Samsung Rewards points on purchases; SoFi CEO Anthony Noto noted, “At SoFi, we’re committed to helping people achieve financial independence both directly through the SoFi brand, as well as indirectly, through partnering with leading brands like Samsung to help the world get their money right…We’re excited to partner with Samsung, a world-class technology company, to help power this next-generation financial experience, while expanding the impact of SoFi exponentially.” Samsung Newsroom
