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SoFi vs Arch Lending

Compare rates, fees, access, and key features side by side.

SoFi

SoFi

SoFi is a U.S.-based fintech and nationally chartered bank offering banking, investing, loans, credit cards and crypto services. SoFi has grown into o...

CIR score4.1
VS
Arch Lending

Arch Lending

Arch Lending is a crypto-backed lending platform founded in 2022 and headquartered in New York, NY. It allows users to borrow USD or USDC using digita...

CIR score3.9

General

Platform
SoFilogo
Arch Lendinglogo
Founded
SoFi2011
Arch Lending2022
Headquarters
SoFiSan Francisco, CA
Arch LendingNew York, NY
Availability
SoFiUS
Arch LendingUS

Fees & Financial

Bonus
SoFi
Arch Lending
Token
SoFiSoFiUSD
Arch Lending
Compounding
SoFi--
Arch LendingNo
Payouts
SoFi
Arch Lending
Fees
SoFiGas fees
Arch Lending
Lockup
SoFi
Arch Lending
Maker Fee
SoFi1.9
Arch Lending
Taker Fee
SoFi1.9
Arch Lending

Cryptocurrency Rates

BTC Rate
SoFi
Arch Lending
BTC Max
SoFi
Arch Lending
ETH Rate
SoFi
Arch Lending
ETH Max
SoFi
Arch Lending
Stablecoin Rate
SoFi
Arch Lending

SoFi

Review

Pros

  • Regulated, nationally chartered bank

Cons

  • SoFiUSD less universal than USDC/USDT
  • Yield products forthcoming

Arch Lending

Review

Pros

  • Multi-asset collateral accepted (BTC, ETH, SOL)
  • No credit checks required

Cons

  • Loans only, no earn product