fintech firm’s stock faces valuation hurdles amid growth By Investing.com
SoFi Technologies, Inc. (NASDAQ:), a tech-enabled personal finance company founded in 2011, has been making waves in the financial services sector with its comprehensive suite of products and services. The company’s stock has demonstrated remarkable momentum, surging 72.46% over the past year and currently trading near its 52-week high of $17.17. According to InvestingPro data, SoFi’s market capitalization now stands at $18.43 billion, reflecting strong investor confidence in its growth trajectory. The company offers a range of financial solutions, including student, home, and personal loans, credit cards, investing products, and traditional retail banking. Additionally, SoFi operates Galileo, a technology platform providing APIs and…