August 9th- SoFi Technologies September 17th

SOFI

September 17th, $17.50 Call, $1.37

 

SoFi is a online personal finance company providing financial products across all lending: personal loans, student loans, mortgages, credit cards, investing and banking all within their mobile app. SoFi started in the student loan space and transitioned into the do it all mobile platform. As of now they are the only do it all "super app in the lending space and looking to grow exponentially within the younger generation.

SoFi has their business segmented into 4 key areas:

-SoFi loans: credit cards, personal loans, student loans, and mortgages

-SoFi relay: track your spending, personal finances, and credit score

-SoFi money: deposit, spend and save your money

-SoFi invest: their automation tool to invest in crypto, stocks and other investments

This company has potential to grow top and bottom line financials on the back of their technology enabled platform, using AI and other algorithms. 

In January 2021, Jamie Dimon, CEO of JPMorgan stated, "Absolutely we should be scared s--less about that", regarding Fintech companies. We believe SoFi has potential to be bought outright by large bank, or continue to see monstrous growth in coming years. We believe this to be a major disruptor and one to invest in now, as it has 10x potential over next decade. 

Last week, Sofi options activity was highly unusual, as buyers flocked to the options market betting on a significant move.