SoFi online banking application
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The Best Financials Stocks to Buy With $500 Right Now
Yahoo Finance· 2026-02-19 12:20
Group 1: Investment Opportunities - Investing does not require millions; starting with $500 can allow investment in financial stocks like Nu Holdings and SoFi Technologies, which are experiencing growth despite being in the less-publicized banking sector [1] - SoFi's revenue has increased by 2,900% over the past five years, reaching $4.77 billion in the last 12 months, and the company is now profitable with over $500 million in pretax income in 2025 [4] - Nubank's revenue rose 42% year over year to $4.2 billion, with net income increasing to $783 million, showcasing its ability to grow rapidly while remaining profitable [8] Group 2: Company Profiles - SoFi began as a student loan lender in 2011 and has evolved into a comprehensive online banking application, attracting 13.7 million customers by the end of 2025, a 35% year-over-year growth [3] - Nubank, part of Nu Holdings, operates in Brazil, Mexico, and Colombia, offering services through a mobile app and avoiding traditional banking costs, which has led to a customer base of 106 million as of Q3 2025 [6][7] - Both SoFi and Nubank focus on providing a better value proposition through technology and customer-centric services, positioning them for continued revenue growth [6][7]