3 Stocks To Buy Without Wasting Time – Social Capital Hedosophia Holdings V
2-Social Capital Hedosophia Holdings V
Currently, the only way to buy shares in personal finance company SoFi is to own the Social Capital Hedosophia Holdings shares that it acquired.
You need to be quick, because the transaction will close in April!
SoFi is one of the fastest growing companies in the finance industry. SoFi, a mobile-first service, is located in San Francisco, offering a range of financial products. Including student loan refinancing, mortgages, personal loans, credit card, investment and banking services through both mobile apps and desktop interfaces.
Customers can access a large number of financial products through the SoFi app.
This year, SoFi expects to increase its revenue by 60 percent to $1 billion for the full year and achieve parity in operating income minus non-cash expenses (EBITDA).
Sofi predicts that by 2025 its revenue will increase to $3.7 billion and its EBITDA to $1.2 billion. SoFi currently has more than 1.72 million members, 775,000 customers registered on many different products.
Buying and selling 14 times its 2025 earnings, this company is a rapidly rising value that you don't want to miss in the financial sector.
Source:
https://www.fool.com/
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