$SoFi Technologies Inc.(SOFI)$

$SoFi Technologies Inc.(SOFI)$ The company will now allow its SoFi Invest members to invest in over 6,000 different mutual funds and give them access to some funds managed by ARK, Carlyle, KKR, and Franklin Templeton.

SoFi Invest, the company's investment and trading product, allows customers to buy and sell shares in the open market without commissions or minimum balance requirements.

The fintech, which started with an alumni-funded lending model, reported a 44% year-over-year growth in its membership, reaching 7.5 million members in its fourth-quarter results on Monday.

The company swung to a profit of 2 cents per share, compared to a loss of 5 cents a year earlier. Analysts had expected SoFi to break even on a per share basis, according to LSEG data.

Expecting more institutions to come in, let's see!

Modified in.01-30

Will SoFi Keep Rising After Turning Profitable?

SoFi Technologies surged nearly 10% in premarket trading after its Q4 results beat expectations. Revenue surged by more than a third and signed up more than half a million new members. -------------- Will Sofi continue to go upside after earnings beat? How do you view Sofi's earnings?

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CrystalRose
01-30
CrystalRose
Love the growth potential! 🚀

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