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Is SoFi Stock the Smartest Investment You Can Make Today?
The Motley Fool· 2025-05-01 10:50
SoFi Technologies (SOFI -5.84%) just reported financial results for the first quarter. The numbers looked solid, with stellar growth still on tap and ongoing increases in profitability. Shares were up 3% the morning of the announcement.Shareholders have definitely had to deal with heightened volatility. But this fintech stock has performed particularly well recently, up 78% just in the past 12 months. Maybe the momentum can continue.Is SoFi the smartest investment you can make today?SoFi's impressive growth ...
SoFi Member Deposits Grow to $27.3 Billion and Cross-Selling Accelerates
PYMNTS.com· 2025-04-29 16:19
Highlights SoFi’s platform is gaining momentum, adding 800,000 new members and 1.2 million new products, representing 34% and 35% year-on-year growth, respectively. Personal loan borrowers have a weighted average income of $158,000 and a weighted average FICO score of 743. SoFi is diversifying its offerings and increasing fee-based revenue. SoFi Technologies posted first-quarter earnings results Tuesday (April 29) that showed continued growth in deposits and debit spending, as well as a roadmap ...