SoFi Technologies (NASDAQ: SOFI) announced another multibillion-dollar loan platform deal that will allow the company to grow without taking too much risk onto the balance sheet. Travis Hoium explains why this is great for the company and where it will show up on the company's income statement.
*Stock prices used were end-of-day prices of April 18, 2025. The video was published on April 21, 2025.
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Travis Hoium has positions in SoFi Technologies. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.