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SoFi Posts First-Ever Profit With Earnings That Top Estimates

(Bloomberg) SoFi Technologies Inc. reached profitability for the first time, taking the fintech one step closer to Chief Executive Officer Anthony Noto’s goal of turning the former anti-bank into a top 10 financial institution.Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetEvergrande Set for Liquidation as China Property Crisis Drags OnTrump Cash Stockpile at Risk From $450 Million Dual VerdictsBlackstone Is Building a $25 Billion Empire of Power-Hungry

SoFi Surges Most in Three Months on Higher Revenue Forecast

SoFi Surges Most in Three Months on Higher Revenue Forecast
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SoFi s Full-Service Ambitions Face Key Test in Instacart IPO

(Bloomberg) SoFi Technologies Inc.’s effort to transition from upstart fintech firm to the big leagues of financial institutions will face an important step possibly as soon as next week when the company helps take Instacart Inc. public.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayMeloni Tells China That Italy Plans to Exit Belt and RoadIndia’s G-20 Win Shows US Learnin

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