$SoFi Technologies Inc.(SOFI)$
pretty shocking that HOOD has been able to beat us in almost category so far.. everyone thought with their generous credit card rewards that they wouldn't be profitable. turns out they are almost 10x as profitable from SOFI with similar revenue which is crazy to me. On top of that they are hitting all the cylinders with product excitement, innovation i.e. gold card, offering higher incentives for IRA rollovers, overnight trading, probably a lot more that I can't think of. HOOD is really separating itself as a true fintech while SOFI is like the ugly step child that is perception wise just another bank. HOOD is valued twice as much as SOFI in terms of market cap and more. At this point very deservedly so. SOFI has A LOT of work to do to catch up to RH. When you look at it in comparison to RH SOFI's current valuation is deservedly so. Please disagree with me so I can hear your thoughts.
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