The best choice for you depends on which of those profiles fits best with your investment style. On the other hand, SoFi is growing at an impressive pace and has been growing rapidly for years but just recently became profitable and is still in full growth mode. As mentioned, SoFi has become consistently profitable, and its bottom-line income could soar in the next few years as the business continues to scale.
Better Fintech Stock: PayPal vs. SoFi Technologies
The move represents a huge win, positioning Coinsquare as the first crypto-only IIROC registered investment dealer. MOGO also owns 34% of Coinsquare, Canadas’s longest-operating crypto trading platform. With shares valued under $1, MOGO lives up to its penny stock status.
Stocks Mentioned
Ownership data provided by LSEG and Estimate data provided by FactSet. For information on use of our services, please see our Terms of Use. We make no representations or warranties regarding the advisability of investing in any particular securities or https://xcritical.solutions/ utilizing any specific investment strategies. Historical investment performances are no indication or guarantee of future success or performance. The shares continued falling Wednesday, down more than 7% premarket.
- UP Fintech is better known for its customer-facing platform, “Tiger Brokers,” which has both a mobile app and a browser platform.
- The stock price has more or less stabilized near the $1.70 mark since May 2022, which could indicate a bottom.
- This fintech stock has crushed the market in the last three years.
- The Singapore-licensed penny stock operates as a brokerage firm focusing on Chinese investors.
- SoFi is a digital bank, meaning it has no physical branches.
- During its first couple of years in the public markets, SoFi Technologies (SOFI 0.58%) was a losing investment.
Earnings Trends: SOFI
Nu doesn’t have as much name recognition as SoFi, but its shares are significantly more compelling as an investment today. Nu took the market by storm roughly a year ago, growing from essentially no customers to more than 100 million. That’s because, for years, the banking industry was controlled by a handful of powerful incumbents that mainly relied on physical branches.
Additionally, SoFi Technologies may strengthen its cryptocurrency exposure by adding costing and clearing services, asset-backed lending and other crypto-related financial products. The company has been rolling out new xcritical features, including SoFi Plus, crypto infrastructure upgrades and alternative investment tools — all aimed at deepening customer engagement. Also, the company holds a national bank charter, which allows it to fund loans through its balance sheet.
The bullish case for Upstart Holdings doesn’t end with personal loans. Upstart Holdings UPST and SoFi Technologies SOFI are the two well-known names in the fintech industry. Now, it’s worth noting Stock Advisor’s total average return is 965% — a market-crushing outperformance compared to 193% for the S&P 500. If you invested $1,000 at the time of our recommendation, you’d have $1,072,908!
Governmental regulation and constant innovation are significant risks constantly looming over crypto. Therefore, investors must exercise caution and conduct their own due diligence. Yet, the juice might be worth the squeeze for investors willing to take the risk. But it’s not all bad news for the bank; we included the giant in our list for its recent acquisition of Golden Pacific Bancorp.
- You have likely seen the SoFi stadium’s logo if you like sports, even if you are unfamiliar with the bank.
- SoFi is a $4 billion tech giant that recently joined the ranks of financial tech penny stocks.
- Even so, SoFi trades at a higher valuation than Nu Holdings, which boasts a faster growth rate and a wider profit margin.
- It expects just 24% revenue growth for full-year 2025, a far cry from Upstart’s 59% top-line growth forecast.
SoFi Becomes First U.S. Bank to Bring Crypto to Retail Traders
The Singapore-licensed penny stock operates as a brokerage firm focusing on Chinese investors. The financial tech stock has a market cap of $333 million and an ultra-low P/E ratio of only 3.21x. Its consumer finance platform fenqile.com offers an array of financial services like eCommerce and buy-now-pay-later options. Its green initiatives allow the company to keep costs low, a significant advantage during crypto bear markets. The fintech stock crossed below the $5 mark for the first time in October 2022. From a valuation standpoint, both stocks trade at similar forward 12-month price-to-sales (P/S) multiples of around 3X.
Over the past three years, SoFi’s member base has more than tripled, with 35% year-over-year growth in the most recent quarter. Management continues to buy back stock hand over fist, and the company is doing a great job with engagement, as evidenced by a 9% increase in transactions per active account. Here’s a rundown of the bull cases for both stocks and what to keep in mind before you decide which is best for you.
SoFi: Dilution Hammers Shares, But Accretion Is The Name Of The Game
But where will SoFi’s stock be in 10 years? In the past three years, the share price has risen by an astonishing 521% (as of Dec. 12). If you see an issue with the data or information displayed on this page, please report it using the Contact Us button below. This data feed is available via Nasdaq Data Link APIs; to learn more about subscribing, visit Learn More About Nasdaq Basic. In contrast, a larger spread suggests lower liquidity, as there are fewer investors willing to negotiate.
ChatGPT Super Micro Computer Stock Will Close At This Price In The Next 60 Days
The company was founded in 2011 and is based in San Francisco, California.
Often, a smaller spread suggests higher liquidity, meaning more buyers and sellers in the market are willing to negotiate. To buy at that price, and the ask size is the number of shares offered for sale at that price. SoFi announced the public offering of $1.5 billion in stock. It dropped to $27.7 from the closing price of $30, and 15% below the highest point this year.
The financial technology penny stock is down massively like the rest of the crypto market. SoFi is a $4 billion tech giant that recently joined the ranks of financial tech penny stocks. That said, let’s examine some of the best fintech penny stocks available to buy now.
LexinFintech Holdings Ltd. (NASDAQ: LX)
It has originated $3.7 billion in student loans over the first three quarters of 2025, putting it on pace for far less than when SoFi was a much smaller business than it is now. The company’s revenue and profits have surged along with its user growth, making SoFi one of the world’s fastest-growing fintech companies. Once the air let out, many SPAC stocks lost their shine as investors fled speculative names. But given the company’s impressive growth prospects, investors willing to look out far enough might still be interested. In the near term, market sentiment weighs more than anything else on a stock. SoFi has made a name for itself in the financial-services industry by using data and technology to its advantage.
It’s entirely possible that SoFi’s revenue will double year over year in some 2026 quarters if cryptocurrencies remain hot. Crypto trading was a big growth engine for the company, and this asset class has only become more popular. SoFi was trying to preserve its status as a chartered bank at the time. He told investors that the company experienced record monthly trading volumes in October. Demand for crypto trading has been a major catalyst for Robinhood, which will be important when assessing SoFi’s long-term growth opportunities. That part of Robinhood’s business surged by 129% year over year, making up $730 million of the fintech’s $1.27 billion in total sales.
But now that you know more about fintech penny stocks, you might consider adding one (or more) to your portfolio. Most penny stocks tend to have low market capitalizations and less volume, making them more volatile and risky. Fintech penny stocks could be considered a good long-term investment choice, considering the sector’s potential. Although the brokerage has a nearly $800 million market capitalization, it is as volatile as penny stocks.
SoFi has been growing fast and long enough to prove itself a rising superstar in the financial industry. Sure, a stock’s valuation can keep rising, but SoFi is expensive enough now that it seems doubtful there’s enough room for it to easily match its 2025 gains again next year without clearing what is now a pretty high bar. SoFi built its reputation in the student loan business. Roughly 40% of SoFi’s product growth in Q3 came from existing members, making SoFi more profitable, as existing customers don’t cost as much to acquire as new ones.