SoFi Technologies — Scaling a Capital-Light Fintech FlywheelCompany Overview
SoFi NASDAQ:SOFI is a leading digital finance platform scaling across lending, banking, investing, and payments, with growing exposure to capital-light, fee-based businesses.
Key Catalysts
Beat & Mix Shift: Q3’25 adjusted net revenue $950M (+38% YoY); capital-light segments ~50% of revenue, lifting margin durability.
Platform Scale: 12.6M members (+35% YoY) and 18.6M products (+36% YoY) power a cross-sell flywheel and lower CAC over time.
Crypto Re-entry & SoFiUSD: Stablecoin + crypto initiatives add high-margin payments/float economics and new monetization vectors.
Investment Outlook
Bullish above: $23.50–$24.00
Target: $40.00–$41.00 — supported by operating leverage from fee businesses, member/product compounding, and new fintech rails (stablecoin/crypto).
📌 SOFI — from digital bank to diversified, capital-light fintech platform with accelerating optionality.
