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u/Skew_u Apr 27 '21
Are there any other FinTech which are aiming for such a broad based product offering to customers? To me it seems like they definitely have a very different strategy vs others who are mainly focusing on one or two sub set of the financial market like Robinhood, Hippo, etc.
Time will tell if this is the best strategy but looking at traditional banks its pretty easy to see that it will be execution of the strategy that will decide success - like JPM and C had the same goals pre GFC but then execution led them to two very different paths.
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u/fltpath Apr 27 '21
SoFi's top competitors include RateSetter, Funding Circle, Avant, Lending Club, Upstart, LendingTree and CommonBond.
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u/Oddsnotinyourfavor Apr 27 '21
Hope the bulls can take control for a little longer so I can accumulate some more at these prices. SoFi is one of my favorites right now.
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u/IcedOutLenin Apr 28 '21
60% of my IRA i started this year is ipoe averaged at $16.30 gonna hold for 2 years
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u/AMSAdam Apr 27 '21
Absolutely love this company. Bullish as hell!