SoFi ventures into AI investing with Composer acquisition.
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SoFi ventures into AI investing with Composer acquisition. By PYMNTS | June 23, 2026 Digital financial services app SoFi has introduced an AI-powered investing platform. Composer by SoFi, announced Tuesday (June 23), is designed to allow investors to employ artificial intelligence to develop, test and automate investment strategies using natural language. It follows the company's acquisition of Composer Securities, SoFi said in a news release provided to PYMNTS. "Composer has built one of the most innovative AI-powered investing platforms available to retail investors today," said Anthony Noto, SoFi's chief executive. "Our acquisition of Composer reflects SoFi's strategy of identifying innovative technologies and exceptional teams that can strengthen our ecosystem over time. As AI becomes a foundational part of investing, Composer by SoFi strengthens our ability to deliver powerful investing tools through an experience that is simple, intuitive, and accessible." According to the release, Composer lets investors design their own strategies, while also exploring "community-built" strategies. "An investor who feels they missed an AI sector rally can search over 2,000 community-built strategies, find one focused on AI and semiconductor leaders, review how it would have performed historically, and deploy it within seconds," the release said. Investors who aren't sure...
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