SoFi Technologies Inc. (SOFI, Financial) has become an aggressive competitor within the spectrum of financial service providers, as evidenced by its strong record of refinancing student loans. However, the Covid-19 pandemic in 2020 made it turn its business strategy at a critical junction with the moratorium on student loans. That strategic change moved the company's focus more toward personal lending and, since then, its loan originations have surged from $2.60 billion to$13.80 billion. The damage was don ...