Curious About SOFI Stock? Here's What the Buzz is About

Shora AI

Thinking about SOFI? This company started out helping people refinance student loans, but it's grown into much more. It's now a full digital bank offering lots of financial services, like checking, savings, personal loans, and even investing tools. SOFI also has a special technology platform called Galileo that other financial companies use. This shows they have tech know-how beyond just serving their own customers. A big piece of news for SOFI recently is that the company has been focused on becoming profitable. According to reports, it hit a milestone by becoming profitable on a standard accounting basis in the last part of 2023 and the first part of 2024. This is a key step many investors watch for. While the stock market can go up and down, SOFI's move to profitability and its expanding range of products and technology platform are things people are paying attention to. It's seen as a company aiming for growth by offering a wide variety of financial help to its members.