SoFi Technologies Inc
NASDAQ:SOFI

Watchlist Manager
SoFi Technologies Inc Logo
SoFi Technologies Inc
NASDAQ:SOFI
Watchlist
Price: 16.02 USD 2.5% Market Closed
Market Cap: 17.4B USD
Have any thoughts about
SoFi Technologies Inc?
Write Note

SoFi Technologies Inc
Revenue

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

SoFi Technologies Inc
Revenue Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Revenue CAGR 3Y CAGR 5Y CAGR 10Y
SoFi Technologies Inc
NASDAQ:SOFI
Revenue
$2.1B
CAGR 3-Years
55%
CAGR 5-Years
51%
CAGR 10-Years
N/A
Synchrony Financial
NYSE:SYF
Revenue
$19.3B
CAGR 3-Years
10%
CAGR 5-Years
2%
CAGR 10-Years
5%
Discover Financial Services
NYSE:DFS
Revenue
$17.4B
CAGR 3-Years
13%
CAGR 5-Years
9%
CAGR 10-Years
7%
American Express Co
NYSE:AXP
Revenue
$70.3B
CAGR 3-Years
21%
CAGR 5-Years
10%
CAGR 10-Years
8%
Capital One Financial Corp
NYSE:COF
Revenue
$38.4B
CAGR 3-Years
9%
CAGR 5-Years
6%
CAGR 10-Years
6%
Ally Financial Inc
NYSE:ALLY
Revenue
$9B
CAGR 3-Years
2%
CAGR 5-Years
5%
CAGR 10-Years
3%
No Stocks Found

SoFi Technologies Inc
Glance View

Market Cap
17.4B USD
Industry
Financial Services
Economic Moat
None

SoFi Technologies Inc., born from the bustling innovation corridors of Silicon Valley, began its journey with a bold vision: to redefine the landscape of personal finance. Initially known for its student loan refinancing products, SoFi, short for Social Finance, has significantly broadened its scope. This digital-native company metamorphosed into a one-stop shop financial platform, offering an array of services from personal loans, home loans, and credit cards to investment opportunities and banking services. The platform leans heavily into technology, providing a seamless and often cost-effective alternative to traditional banking for its users, who are often the younger, tech-savvy demographics seeking convenience and low fees. The backbone of SoFi's profitability lies in its ability to capitalize on the cross-selling of its financial products within its ecosystem. By building a comprehensive platform that integrates services like loan refinancing, investment management, and mobile banking, SoFi captures a greater share of each customer's financial activities. This interconnectedness enhances user retention and customer lifetime value. Additionally, SoFi derives revenue from the interest rate spread on its loans and monetizes its service through fees on select financial products and membership privileges, blending a mixture of traditional and innovative revenue streams. The company’s integrated approach, driven by data and technology, ensures it stays at the forefront of financial innovation, continuously widening its moat against both traditional financial institutions and emerging fintech competitors.

SOFI Intrinsic Value
7.09 USD
Overvaluation 56%
Intrinsic Value
Price

See Also

What is SoFi Technologies Inc's Revenue?
Revenue
2.1B USD

Based on the financial report for Dec 31, 2023, SoFi Technologies Inc's Revenue amounts to 2.1B USD.

What is SoFi Technologies Inc's Revenue growth rate?
Revenue CAGR 5Y
51%

Over the last year, the Revenue growth was 35%. The average annual Revenue growth rates for SoFi Technologies Inc have been 55% over the past three years , 51% over the past five years .

Back to Top