SoFi -- Good news!
SoFi and MasterCard are taking the next step in their relationship (things are getting saucy).
The two entered a multi-year strategic alliance to combine go-to-market ambitions in LatAm. Galileo was also named a preferred partner for "MasterCard Engage" (its partner network).
The student loan headwind remains extremely annoying... macro remains extremely daunting... & this company still continues to execute with 40%+ growth and a tripling of EBITDA expected this year despite its largest, most profitable student loan segment being 50% off normal volume due to the moratorium.
Stock is broken. Company is just fine.
I keep seeing such optimistic headlines and good PR surrounding the future of the company, and such little follow through for the stock given broad market pessimism…hopefully the rebound will be violent as I’m remaining long but definitely have felt the beat down..thanks for your consistency covering the name, I definitely stop to read each time you cover $SOFI