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Mangeet Kaur Bouns

Is SoFi Stock a Buy as Biden Forgives Student Loans?

SOFI Financial Services Joe Biden Mangeet Kaur BounsMangeet SoFi Technologies Inc

With a $4.68 billion market cap, SoFi Technologies, Inc. (SOFI) provides digital financial services. The company operates through three segments: Lending; Technology Platform; and Financial Services. It offers student loans, personal loans, and home loans.

In addition, SOFI operates Galileo, a technology platform that offers services to financial and non-financial institutions; Apex, a technology-enabled platform that provides investment custody and clearing brokerage services; and Technisys, a cloud-based digital multi-product core banking platform.

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