Where Will SoFi Stock Be in short term ?
This year has been very difficult for stock market investors, especially for the Fintech Investors.
The S&P 500 is down almost 18% this year(2022)
SOFI Stock gave good returns initially but now it is down almost 80% from its peak.
SOFI Stock offers student loans, personal home loans, credit cards, and more financial .
Two Things are important for Sofi's Growth in the future.
1. SoFi's Stock banking charter will be critical to its future growth.
2. Their Technology Platform. They purchased the Sofi Galileo product for $1.2 billion in 2020.
Galileo is a financial services API and payment platform that allows businesses to easily create digital financial products for their customers.