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Posted by
Two Blokes May 11 -
Filed in
Stock
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SoFi Technologies reported impressive financials for Q1'25, doubling profit estimates and achieving a 200% YoY increase in non-GAAP profits to $0.06 per share. The fintech added 800,000 new customers, reaching 10.92 million users, and projects over 13 million users by year-end, driven by Financial Services. Financial Services segment saw 101% YoY sales growth and a 299% YoY profit increase, making it the primary growth catalyst for SoFi Technologies.
