SoFi plans to raise $1.5 billion through a public stock offering to support new business opportunities and strengthen its financial position. The company said the funds will go toward general corporate purposes, expanding products, and boosting capital flexibility as it grows its banking and fintech services. The offering includes an option for underwriters to buy additional shares, which caused the stock to drop in after-hours trading due to dilution concerns. Investors reacted cautiously, but analysts say the capital could help SoFi accelerate long-term growth if deployed effectively across lending, technology upgrades, and broader financial-service expansions.