April 12, 2024

FDI Forum

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SoFi Stock: The AWS Of Fintech (NASDAQ:SOFI)

Melpomenem

Almost exactly one year ago, I set out to answer the main bear cases against SoFi (NASDAQ:SOFI). Today, I finish that endeavor. SoFi’s detractors claim they are:

  1. A student loan company who will end up bankrupt because of
Cover of BusinessWeek discussing AWS

nbcnews.com

Description of Technisys and Galileo products

SoFi

Galileo Financial Technologies, Careers | Arc

Galileo

Image promoting SoFi Galileo and Technisys

SoFi

Image representing the payment processing of Galileo and Banking Core of Technisys

Galileo

SoFi Launches Early Access to Pay in 4

SoFi

Image of Galileo buy now pay later BNPL offering

Galileo

Revenue, contribution profit and contribution margin of Galileo (note that contribution margin is plotted on the right y-axis)

Revenue, contribution profit and contribution margin of Galileo (note that contribution margin is plotted on the right y-axis) (Author)