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SoFi's Next Massive Growth Product

SoFi is following Robinhood into the subscription market.

By Travis Hoium – Aug 8, 2024 at 8:00AM EST

SoFi's (SOFI +1.86%) business has been booming on the back of the technology platform and financial services. But it's a membership product that may take it to the next level, which Travis Hoium covers in this video.

*Stock prices used were end-of-day prices of July 30, 2024. The video was published on July 30, 2024.

Read Next

About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has positions in Robinhood Markets and SoFi Technologies. The Motley Fool has positions in and recommends Costco Wholesale, Target, and Walmart. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

SoFi Technologies Stock Quote
SoFi Technologies
NASDAQ: SOFI
$18.10
(+1.91%)+$0.34
Walmart Stock Quote
Walmart
NASDAQ: WMT
$127.97
(+0.01%)+$0.02
Target Stock Quote
Target
NYSE: TGT
$112.95
(-0.74%)-$0.84
Costco Wholesale Stock Quote
Costco Wholesale
NASDAQ: COST
$1,006.87
(-0.39%)-$3.92
Robinhood Markets Stock Quote
Robinhood Markets
NASDAQ: HOOD
$78.92
(+4.05%)+$3.07

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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