SoFi Crushes Earnings as Record Quarter Drives Shares Higher on Tuesday

TLDR SoFi posted Q3 revenue of $961.6M, beating estimates by 7.4% and growing 38% year-over-year The company added a record 905,000 new members in the quarter, bringing total members to 12.6 million Loan originations hit a record $9.9B, up 57% year-over-year, with personal loans reaching an all-time high Fee-based revenue jumped 50% to $409M, showing [...]

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