9 Comments

Congratulations from Spain. I found your blog by very coincidence. Very good review. I really liked it and appreciate your effort. I happened to buy the Sofi stock at 18$ but i went out at 22.27$ because I couldn't understand it fully. Now it's so cheap and your report is so clear. Thanks a lot!

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Jan 4, 2022Liked by Tyler Okland

Fantastic article

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Jan 4, 2022Liked by Tyler Okland

Great article my friend. Very intriguing

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Jan 3, 2022Liked by Tyler Okland

Happy New Year to you and your family. I would have voted for the "Wet Bandits" as your company antagonist name. Top five Christmas movie. The bank Charter will really get SOFI moving up stock wise. Traders IMO pushed it down on the federal student loan refi pause. Also I am suspicious of an acquisition by established financial behemoth. Another well done article! Best regards. ( how about some Huey Lewis and the News background soundtrack ? )

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Jan 3, 2022Liked by Tyler Okland

Great article as always. Glad to see one again. I thought I had accidentally unsubscribed! In terms of competitors, I note you reference Marqueta and Upstart. I own both but am just wondering, is MQ a direct competitor? I note you stated "Galileo is considered the API standard for card issuing and digital banking, offering sophisticated payment card programs and backend digital banking services." My understanding is that MQ offer issuing and acquiring which is unusual, lending some value to MQ. Presumably if SOFI plans to take over the fintech world, it could easily move into acquiring but, do you think that is likely?

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Well written! Now it's up to Anthony Noto and his team to deliver. Where do you see SOFI's stock price range in 2025 if all goes well? I realize it is a loaded question but I would like to hear from you what do you think. Still not quite getting the importance of Galilieo, is it easily replicable and are the competitors building their own versions? If not then why not? Why aren't the legacy banks using Galileo? What do JPM,BAC,WF etc use? Thx

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Another great article and lots of information about the intricacies to the business! I didn’t realize that SOFI had so many financial service offerings and will have to look into becoming a SOFI customer. Is the IPO invest something that ready exists? This alone would be enough for me to switch over to SOFI. The bank charter approval is a great step for the longevity and profitability. I was also very intrigued to learn about Galileo and I too am interested in the parallels it’s business has to MQ.

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