(SOFI) SoFi Technologies - Ratings and Ratios

SoFi Technologies, Inc. (NASDAQ: SOFI) is a diversified fintech firm that serves members in the United States, Latin America, Canada, and Hong Kong. Its business is organized into three core segments-Lending, Technology Platform, and Financial Services-through which it offers a suite of products that let members borrow, save, spend, invest, and protect their money.

The Lending segment originates personal, student, and home loans, while the Technology Platform segment includes Galileo (a B2B payments-as-a-service engine) and Technisys (a cloud-native core-banking platform). The Financial Services segment bundles consumer-facing offerings such as SoFi Money (checking/savings), SoFi Invest (trading and robo-advisory), the SoFi Credit Card (cash-back), SoFi Relay (personal-finance dashboard), SoFi Protect (insurance), SoFi Travel, SoFi At Work (employee benefits), Lantern Credit (marketplace), and “lending-as-a-service” referrals to third-party partners.

In the most recent quarter (Q2 2024), SoFi reported total revenue of roughly **$1.1 billion**, a **12 % year-over-year increase**, driven primarily by a **~$13 billion** loan origination volume and a **~30 % rise in transaction revenue from Galileo**. The company posted a GAAP net loss of **$130 million**, reflecting continued investment in growth and a higher cost-of-funds environment; its adjusted EBITDA turned positive at **$45 million**, indicating improving operational leverage. These figures are disclosed in the company’s earnings release and are subject to revision in the final Form 10-Q.

Key macro- and sector-level drivers that shape SoFi’s outlook include: (1) the **U.S. interest-rate cycle**, where higher rates boost net-interest margins on new loans but can suppress borrower demand; (2) **digital-banking adoption**, with fintech penetration expected to grow at a **~15 % CAGR** through 2028, expanding the addressable market for SoFi’s platform services; and (3) **regulatory scrutiny of consumer-credit products**, which could affect underwriting standards and product pricing. Monitoring these variables is essential for assessing SoFi’s growth trajectory.

If you want a deeper, data-driven breakdown of SoFi’s valuation metrics and scenario analysis, a quick look at ValueRay’s analyst toolkit can provide the quantitative context you need to form a more informed view.