Shares of online bank SoFi Technologies (NASDAQ: SOFI) soared 55% in 2024, according to data provided by S&P Global Market ...
For example, I think SoFi will surprise the market with its deposit growth, loan performance, and its Galileo tech platform, ...
SoFi Technologies' recent 10% share price decline is justified due to overvaluation, despite a 120% rise over the last six ...
Financial technology (fintech) is a fast-growing segment of the broader financial sector, and revenue generated by companies ...
The financial technology, or fintech, industry was one of the hardest hit parts of the stock market in the post-pandemic bear ...
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $11.85, along ...
SoFi's number of members grew from 2.52 million at the end of 2020 to 9.37 million in the third quarter of 2024. Its number of products also grew from 1.85 million to 13.65 million during the same ...
SoFi hasn't just grown its customer bases in personal loans, checking accounts, and other long-established products. It has also done a great job of rolling out new banking products, as well as ...
Digital banks and fintechs dominate new checking account opening. They have a problem looming on the horizon, however.
One way SoFi draws in new customers is by offering welcome bonuses. These bonuses vary, but they generally require you to open a new account and set up direct deposit. The current SoFi bonus is ...
Galileo currently hosts more than 160 million accounts and generated 10% of SoFi's contribution profit in 2023. SoFi has also been finding fresh ways to gain new customers without taking on more debt.