Fool.com contributor Parkev Tatevosian elaborates on the core aspect of SoFi Technologies' (SOFI 1.30%) business model.
*Stock prices used were the afternoon prices of May 18, 2024. The video was published on May 20, 2024.
Why Is Everyone Talking About SoFi Stock?
SoFi is attracting billions in customer deposits, and that is lowering its cost of funding loans.
By Parkev Tatevosian, CFA – May 21, 2024 at 5:30AM EST
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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