Why SoFi Stock Jumped 13% in August

It's making it easier for people to manage their finanaces.Shares of digital bank SoFi Technologies (SOFI 3.57%) stock gained 13% in August, according to data provided by S&P Global Market Intelligence. It was coming off of an excellent earnings report at the end of July, and it announced new blockchain-based products that are exciting the market.Banking for a new generationSoFi targets students and young professionals, but increasingly, it's targeting anyone who's looking for easy-to-use banking services w ...