Hey everyone,

    I’ve been keeping an eye on the rankings of the largest banks in the US and globally, and I’m really impressed by SoFi’s rise. Over the last six years, SoFi has made a significant leap:

    US Rankings:

    • 2019: Rank 95
    • 2020: Rank 80
    • 2021: Rank 65
    • 2022: Rank 50
    • 2023: Rank 35
    • 2024: Rank 20
    

    Global Rankings:

    • 2019: Rank 150
    • 2020: Rank 130
    • 2021: Rank 110
    • 2022: Rank 90
    • 2023: Rank 70
    • 2024: Rank 50
    

    What do you think about the impact of this rise on the financial market? I suspect that SoFi’s innovative approach and technological edge are making traditional banks nervous. They seem to be steadily gaining market share and changing the game.

    Do you think SoFi is a serious long-term threat to established banks? What strategies might traditional banks use to stay competitive? And how do you think this development affects SoFi’s stock price?

    Looking forward to hearing your thoughts and having a lively discussion!

    How SoFi is Climbing the Ranks and Challenging Established Banks
    byu/BoraHora99 inwallstreetbets



    Posted by BoraHora99

    12 Comments

    1. How heavy are those sofi bags my guy? ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|12787)

    2. GoTakeCoffee on

      I think SoFi can make a Carvana like move by next year, without cooking the books

    3. Silver_Spare_6796 on

      Ppl gonna always downvote sofi here by saying stuff like

      “It’s a bad stock”
      “How’s bag holding”

      But fail to realize how to analyze and see its potential. This sub is delusional and I’ll probably get downvoted but they will eventually come back in. Don’t be mad because YALL got burned! Golden opportunity for newer investors

    4. Kuchinawa_san on

      This is the same as the PYPL guy.
      Lost like 10k on that. SOFI guy is prob heavy bags too

    5. squishynarcissist on

      Everytime this sub fixates on this stock it dumps. And it’s always like two weeks before earnings

    6. SpiderPiggies on

      SOFI didn’t even have a bank charter until 2022. Wtf is ‘bank rankings’ supposed to be showing?

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