SOFI: Why I Loaded Up More Shares

  • SoFi secured $3.2B in new loan funding, bringing its total third-party capital commitments to over $5B. Non-lending segments drove 47% of 2024 revenue, up from 38% in 2023, accelerating SoFi's platform transformation. The company generated $67M in fee income from $2.1B of LPB-originated loans, without holding credit risk.