SoFi's Customer Boom Has a $90 Question for Investors
SoFi added a record 1.2 million members, but revenue per product fell year over year. Can the fintech turn customer growth into higher earnings?
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Why It Matters
SoFi added tons of new customers, which is great. But each customer spent less money than before, so profits didn't grow as fast.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.