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SoFi Wants Tech Platform to Be AWS of Financial Services
SOFISoFi Technologies(SOFI) PYMNTS.com·2024-07-30 23:37

The company's new member additions were over 643,000 in the quarter, and total members reached nearly 8.8 million by the quarter's end, up over 2.5 million from the prior year period. What that means is a lot of investment into technology and digital product innovation. "Despite the rate environment and our conservative stance in Lending, we drove sustained strong results in the quarter and are ready to move quickly once things improve," said Noto. And, per the company's materials, SoFi's Technology Platfor ...