SoFi Is Becoming a Major Player in the Personal Loan Industry

By Parkev Tatevosian, CFA – Jun 1, 2023 at 5:45AM

NASDAQ: SOFI

SoFi Technologies

Market Cap

$8B

Today's Change

(1.97%) $0.14

Current Price

$7.25

Price as of April 22, 2024, 4:00 p.m. ET

Personal loans have grown to comprise a larger share of SoFi's portfolio.

Fool.com contributor and finance professor Parkev Tatevosian digs deeper into how SoFi (SOFI 1.97%) is becoming a major player in the personal loan industry and the implications it has for SoFi stock investors.

*Stock prices used were the afternoon prices of May 28, 2023. The video was published on May 30, 2023.

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