Quick Read – SoFi crashed 79% after its 2021 SPAC debut, turning $1,000 into $770 while the S&P 500 nearly doubled over the same period. – SOFI grew FY2025 revenue 38% and Q1 originations 68%, but a beta of 2.15 and rising charge-offs leave no room for a recession scare. – A $40…
llion deposit base and 43% cross-buy rate support a cautious buy at $16, but only with a three-year time horizon. – SoFi Technologies (NASDAQ: SOFI) doesn’t have a ten-year track record on the public markets, so let’s set expectations up front. The company went public via SPAC merger with Social Capital Hedosophia V in June 2021, which means we only have a 5-year window plus a 1-year snapshot to work with
Still, that window covers one of the wildest round trips in fintech. From Student Loan Refi to a Digital Bank With a Stablecoin SoFi started in 2011 as a student loan refinancing shop and spent the last few years morphing into something much bigger. It bought Galileo in 2020, picked up a national bank charter in early 2022 by acquiring Golden Pacific Bancorp, and now runs lending, brokerage, a credit card, and a tech platform under one roof.
In the last year alone it rolled out crypto trading, the SoFiUSD stablecoin, and blockchain remittances through a Mastercard partnership. The numbers caught up to the story. FY2025 revenue hit $3.61 billion, up 38.32% year over year, and Q4 2025 was the first billion-dollar revenue quarter in company history.