SoFi crushed both EPS and revenue while lifting full-year guidance on record $14.8 billion in loan originations and 61% surge in net income, marking a recovery signal for the fintech stock down 40% year to date. CEO Anthony Noto flagged the "major milestone" of adding twice as many products as members, a sign the everything-app strategy is deepening member stickiness.
SoFi Technologies :
SOFI
SOFI
Stock Data
$18.18
$0.08 (0.44%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
CREDIT SERVICES
SoFi Technologies Inc is a dynamic financial services provider based in San Francisco, California, serving the United States, Latin America, and Canada. It simplifies finance for its members through a broad spectrum of products, including personal, student, and home loans. Beyond lending, SoFi offers innovative solutions like SoFi Money for checking and savings, SoFi Invest for easy investing, and SoFi Credit Card rewards. Its technology platforms, Galileo and Technisys, support both financial and non-financial institutions with cutting-edge banking technology. Founded in 2011, SoFi stands out for integrating financial management with member-centric services.
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