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Posted by
Two Blokes May 5 -
Filed in
Stock
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SoFi Tech. reported strong earnings and 33% growth, yet the stock fell due to market focus on GAAP EPS and technology platform struggles. The fintech's growth is driven by financial services and fee-based revenue, reducing reliance on net interest income and credit risk. SoFi plans to reenter the crypto market and expand its subscription service, offering significant growth opportunities and potential valuation multiple expansion.
