6min chapter

The 7investing Podcast cover image

John Maxfield on Banks, Lending, and SoFi

The 7investing Podcast

CHAPTER

SoFi's Ascent and Challenges

This chapter explores the remarkable growth of a digital bank led by a CEO with a strong corporate background, who aims to position the bank among the top ten U.S. institutions. The discussion covers the bank's impressive asset growth, risks associated with its loan portfolio, and the competitive challenges faced by new entrants in the banking sector.

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