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SoFi’s Record Loans vs Wall Street Hesitation | Business and Finance News
Description
SoFi just shattered its own record, originating $12.2 billion in loans Q1 2026 — a 68% surge — but Wall Street’s cool on the hype. Why? Tech revenue tanked 27% after losing a big client, even as membership jumped 35% to 14.7 million. New funding for personal loans and a planned rebrand signal resilience. With stock trading below its peak, some see a buying opportunity — even if analysts are cautious. The real story? Look past the headlines — SoFi’s growth is real, and the market’s hesitation might be a setup for a rebound.
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