SoFi is a sleeping giant in the FinTech sector. FinTech in general is disrupting big banks. The business models of traditional banking and FinTech are vastly different! What we're seeing is a bifurcation of balance sheet infrastructure with traditional banks and FinTech becoming the consumer front end experience that customers want to use. FinTech customer front end's are growing fast, have highly profitable balance sheets and no legacy infrastructure. So it's no wonder a FinTech company like SoFi is quickly becoming a juggernaut. It's the only one-stop-shop for all your financial needs (general banking, credit, loans, ETF's, robo advisory, fractional shares & no commission stocks, crypto, basically all your financial services under one roof).
2 MINUTE PUMP:
The 2 Minute Pump is miniseries of @Disrupting that's hosted by Dana Donovick, Co-Founder of Disrupting. The series features disruptive companies with high growth potential all within 2 minutes (the same time it takes to microwave a burrito). Dana is very active on Twitter, and encourages his audience to tweet questions and comments directly at Twitter.com/DanaDonovick
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Dana Donovick | Disrupting, Co-Founder
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