SoFi Technologies Inc. aims for 30% member growth and 20% revenue growth. Its share price recently increased by 8.2%, following crypto investment news, and is up 20.6% year-to-date, significantly outperforming the S&P 500 with a one-year increase of 184.8%. Despite recession concerns affecting fintech stocks, the company remains focused on growth, recently expanding its partnership with Capitalize and extending its Loan Platform agreement with Fortress Investment Group. SoFi aspires to become a comprehensive financial services provider for a more affluent demographic and has positive projections for the future.
SoFi Technologies Inc. targets 30% member growth and 20% revenue growth, with a share price higher by 8.2% over the past week.
Despite recession worries impacting fintech stocks, SoFi's share price is up 20.6% year to date with a one-year gain of 184.8%.
SoFi expanded its partnership with Capitalize to simplify 401(k) transfers and extended its Loan Platform Business agreement with Fortress Investment Group.
SoFi aims to become a one-stop shop for financial services, which, coupled with its growing deposit base, is likely to drive future growth.
Collection
[
|
...
]