SoFi Technologies Inc Stock News

NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- SoFi, a leading provider of thematic and income ETFs, today announced monthly distributions on the SoFi Enhanced Yield ETF (THTA). Distribution as of 05/14/2025 ETF Ticker Distribution per Share Distribution Rate * 30-Day SEC Yield** Ex-Date Record Date Payment Date THTA $0.1505 12.00% 3.96% 05/14/2025 05/15/2025 05/16/2025 Inception date: 11/15/2023 C...

SoFi stock price has rallied in the past few weeks, mirroring the performance of other American equities. After bottoming at $8.62 in April, it has rebounded by 62% to $14, giving it a valuation of over $14 billion.

SoFi Technologies, Inc. (NASDAQ:SOFI ) Annual JPMorgan Global Technology, Media and Communications Conference May 14, 2025 1:40 PM ET Company Participants Anthony Noto - CEO Conference Call Participants Reggie Smith - JPMorgan Reggie Smith Good afternoon, my name is Reggie Smith. I Head Fintech Research here at JPMorgan, and I'm happy to sit with and talk with Anthony Noto, CEO of SoFi.

Fintech companies, which digitize financial transactions with apps and cloud-based services, are often considered high-growth investments. The global fintech market could still expand at a compound annual growth rate (CAGR) of 16.2% from 2025 to 2032, according to Fortune Business Insights, as more customers pivot away from traditional financial institutions.

SoFi Technologies reported impressive financials for Q1'25, doubling profit estimates and achieving a 200% YoY increase in non-GAAP profits to $0.06 per share. The fintech added 800,000 new customers, reaching 10.92 million users, and projects over 13 million users by year-end, driven by Financial Services. Financial Services segment saw 101% YoY sales growth and a 299% YoY profit increase, mak...

Despite recent market downturns, SoFi Technologies has shown consistent revenue growth and an increase in user base, justifying a continued 'buy' rating. The Financial Services segment saw remarkable growth, with revenue doubling year-over-year, driven by the loan platform fee model and personal loan originations. While profitability metrics have been mixed, EBITDA improved significantly, and m...

SoFi's (SOFI -0.64%) CEO, Anthony Noto, said on the company's first-quarter 2025 conference call that the company will invest heavily in crypto and the blockchain over the next few years. Is SoFi becoming a crypto company?

Investing in the fast-growing financial technology (fintech) space can feel a little uncertain right now. The market is crowded with a wide range of companies, from tech-focused start-ups to large banks.