SoFi’s Resurgence as a Fintech Powerhouse
After years of investor skepticism, SoFi Technologies has emerged as a Wall Street favorite. The fintech firm, once plagued by doubts over its profitability, has turned the corner with consistent earnings since late 2024. CEO Anthony Noto's vision of transforming SoFi into a top-10 U.S. bank now appears increasingly attainable.
Membership growth and transaction volume continue to climb, fueling Optimism that the stock's rally has room to run. The company's public debut in 2021 proved ill-timed amid a market shift away from speculative growth plays. But SoFi's recent financial performance has rewritten the narrative, demonstrating its ability to balance expansion with profitability.