5 Reasons to Buy SoFi Stock Right Now
If you've been on the fence about buying SoFi Technologies (NASDAQ: SOFI) stock, you might want to consider buying it right now. Once a young and risky growth stock, it's proving itself over and over again as a real contender in U.S. banking, and it still has a massive growth opportunity. SoFi just reported a blowout first quarter; here are five reasons to buy it today.
Membership is the driver behind any growth platform, and SoFi's membership is not only growing, but accelerating. In the 2025 first quarter, it added 800,000 new members, a 34% year-over-year increase, for a total of 10.9 million.
It might be helpful to reframe that in comparison to some of the country's biggest banks, like JPMorgan Chase, which services 60 million accounts in its consumer business alone.
Source Fool.com
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