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John Maxfield on Banks, Lending, and SoFi

The 7investing Podcast

CHAPTER

SoFi: Rapid Growth in Fintech

This chapter explores SoFi's remarkable expansion since becoming a bank in 2022, with membership rising from 1 million to 9.4 million. It analyzes the risks and dynamics of growth in the banking sector, particularly focusing on revenue streams from consumer loans and the implications of economic downturns.

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