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7 mins read

Robinhood vs. SoFi Invest: Which is best?

Robinhood and SoFi Invest are low-fee investment apps offering a 1% IRA match on eligible deposits.…

Tessa Campbell   


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2 mins read

SoFi soars after it get approval to become a bank – but the green light comes with the condition that it can't do any business in crypto

The regulatory approval came with a caveat: SoFi cannot engage in any activity related to crypto un…

Isabelle Lee   


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1 min read

SoFi to pay $300,000 to settle SEC charges related to conflicts of interest over 2 proprietary ETFs

"These proceedings arise out of breaches of fiduciary duty in connection with its April 2019 invest…

Isabelle Lee   


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2 mins read

Natasha Dailey   


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2 mins read

SoFi to go public via SPAC backed by billionaire investor Chamath Palihapitiya

The deal will value SoFi at almost $9 billion, nearly double its last funding round of $4.3 billion…

Matthew Fox   


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1 min read

SoFi drops 10% as Biden's extended student loan payment moratorium forces the company to lower earnings guidance

SoFi expects that a number of factors including the impending fall midterm elections will precipita…

Matthew Fox   


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1 min read

SoFi CEO says he owns bitcoin and ether — and warns that companies who don't take advantage of crypto will be 'left behind'

"If you don't innovate and you don't use cryptocurrency as a technology platform, you'll get left b…

Isabelle Lee   


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2 mins read

SoFi's launch of a bank could help drive 43% upside in the stock for 3 key reasons, Morgan Stanley says

Morgan Stanley said it sees a base case price target of $20 for SoFi, reflecting a 43% upside from …

Isabelle Lee   


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2 mins read

Stock market investors need to start worrying about Americans running out of savings, SoFi strategist says

"What the equity market is not pricing in at this point, or is not worried enough about, is consume…

George Glover   


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2 mins read

SoFi soars after Morgan Stanley identifies 2 catalysts that could drive 54% upside in the fintech company

Expiration of the government's student loan deferment program could drive a 70% increase in SoFi's …

Matthew Fox   


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2 mins read

SoFi could soar 98% as growing product offerings enable significant cross-selling opportunity, Jefferies says

The bull case for SoFi mostly hinges on its ability to adopt a federal banking charter that would l…

Matthew Fox   


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4 mins read

This isn’t a 2008-style financial crisis but stocks could still crash 25%, SoFi’s top strategist says

Insider's Phil Rosen interviews Liz Young, SoFi's head of investment strategy, on her economic and …

Phil Rosen   


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3 mins read

Student-loan borrowers are 'paralyzed with uncertainty,' a major private lender said — it's lobbying Congress to resume payments in May anyway

Student-loan refinancing company SoFi said Biden should cancel $10,000 in student debt while puttin…

Ayelet Sheffey   


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1 min read

SoFi plunges 14% after mixed 2nd-quarter report reveals weaker-than-expected guidance

SoFi's financial services segment, which includes its investment platform, saw revenue surge 608% t…

Matthew Fox   


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4 mins read

SoFi launches SoFi Invest and eyes additional lending products

More fintechs and big tech companies are growing beyond their initial offerings, which co…

Eleni Digalaki   


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3 mins read

Chamath Palihapitiya's 4 blockbuster SPAC mergers have tumbled 32% this year as investors ditch flashy growth stocks

Clover Health has plunged 76% in 2021, and Virgin Galactic is down 36%, in a tough year for billion…

Harry Robertson   


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2 mins read

Investors are 'obsessing too much' over interest rates and should focus on growth and consumer conditions, says SoFi's head of investment strategy

SoFi's lead investment strategist Liz Young expects the 10-year Treasury yield to move higher throu…

Carla Mozée   


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2 mins read

Billionaire investor Chamath Palihapitiya flags concerns about sky-high inflation and rampant money printing

Venture capital investor Chamath Palihapitiya has noted that both Elon Musk and Jeff Bezos have tak…

Harry Robertson   


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5 mins read

JPMorgan trader put on leave — lenders unload hotel loans — SoFi applies for bank charter

The definitive collection of the best finance stories Business Insider published during the week en…

Meredith Mazzilli   


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2 mins read

Chamath Palihapitiya's SPACs will offer retail investors a way into its IPOs through SoFi's platform

The SPACs will make 5% of shares from the IPOs available to retail investors through SoFi's online …

Natasha Dailey