SoFi With new Momentum: Platform Strategy Takes Hold, Outlook Raised

SoFi Technologies, known for its digital finance platform, performed significantly better than expected in the second quarter of 2025. Revenue increased by 44% compared to the same period last year, reaching $858 million – a growth rate last seen over two years ago. The adjusted earnings per share were $0.08, exceeding analysts' estimates. SoFi also surpassed expectations in net interest income, reporting $517.8 million. This momentum is a clear signal that the platform is making strong gains in both growth and profitability. Strategy shift...