SoFi, The Next Meme-Stock?
SoFi recently announced that it would allow users to gain access to the initial public offerings of four Palihapitiya-backed Blank Check companies. Is this the next "Meme-stock"?
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Are Private Companies Overvalued?
Most recently IPOed companies have seen their valuation cut in half in the last months. These include well-known companies like SoFi, Marqeta, Robinhood, Affirm and many other so-called FinTechs or SaaS companies.
Buy Now Pay Later Tumbles - Time To Buy?
Following the opening of an inquiry into the sector by the US consumer authority, shares of numerous "Buy Now, Pay Later" (BNPL) companies plummeted.
SoFi Plunges, A Buying Opportunity?
SoFi Technologies reported a net loss of $ 165m, down from last year's profit of $ 7.8m. However, adjusted net revenue grew 74% year over year as member growth accelerated to 113%.
SoFi, The AWS Of FinTech
Social Finance, Inc. is a FinTech startup whose initial goal was to help solve the student debt crisis by giving student access to lower loan rates than federal standards.