https://finance.yahoo.com/news/sofi-strikes-deal-fortress-2-130401538.html?guccounter=1

    • Full-year of profitability
    • Lower interest rates to uplift loan origination
    • 41% YoY member growth in Q2
    • Valuation lower than peers (mkt cap of $10B vs. HOOD mkt cap of $24b)

    SoFi strikes deal with Fortress for $2 billion of personal loans
    byu/mespoopy inwallstreetbets



    Posted by mespoopy

    11 Comments

    1. PaperHands_BKbd on

      Love SOFI, would add with a full year of profits, probably get included in the S&P Midcap 400 and go from there.

      Only reason they aren’t there already is they took a big write off on some acquired technologies. If they don’t do something similar in the upcoming earnings, their TTM numbers are going to start looking a lot better and people will notice.

    2. Dull_Broccoli1637 on

      Eh going with Affirm.

      Affirm now partnered and imbedded with apple pay.

      Calls on affirm

    3. AmbitiousEconomics on

      I wish Sofi’s brokerage services were better, they’re quite shit right now tbh.

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