About SoFi Technologies, Inc. - Common Stock (SOFI)
SoFi Technologies Inc is a financial technology company that provides a range of services aimed at helping consumers manage their finances and achieve their financial goals. The company offers products such as personal loans, mortgages, credit cards, investment services, and student loan refinancing, all designed to simplify the borrowing and investing process. In addition to its financial products, SoFi also features a social network for members to connect and share financial insights, as well as educational resources to empower individuals in making informed financial decisions. Overall, SoFi seeks to disrupt traditional financial systems by leveraging technology to create a more accessible and user-friendly financial experience. Read More
SpaceX's latest insider share sale values the company at $400 billion, but only employees and investors can participate. SoFi offers a way for retail investors to access private markets, including SpaceX, with minimum investments as low as $10.
SoFi shares have been moving on strong momentum in recent weeks, having rallied more than 43% over the past month and more than 115% over a three-month period. Here's what you need to know.
Cashmere, a next-generation venture investor making startup investing more accessible, today announced that its flagship fund is now available on the Alternative Investments platform of SoFi Invest, the investment hub for SoFi’s 10.9 million members. SoFi Invest members will now be able to invest in The Cashmere Fund (Ticker: CSHMX) for a minimum investment of $500.
SoFi (NASDAQ:SOFI) has expanded access to alternative investments to include new private markets funds from asset management firms including Cashmere, Fundrise and Liberty Street Advisors. Through these funds, investors can gain exposure to multiple private companies across AI, machine learning, space technology, consumer products, healthcare, e-commerce, and financial technology, like OpenAI, SpaceX, Graza, Epic Games, and more.
SoFi's massive rally this year makes it a tempting momentum play, but investors should consider whether the company's tailwinds justify its sky-high valuation.
The stock market witnessed a tumultuous day as President Donald Trump announced a 25% tariff on all imports from Japan and South Korea, effective from August 1.