SoFi's Lending Spree Raises Red Flags for Investors SoFi's latest earnings report has sent its stock tumbling despite posting record revenue and beating analyst estimates.
The fintech bank's decision to take on more consumer lending risks is being closely watched by investors, who are increasingly wary of the company's growing costs and soaring credit exposure.
One key concern is SoFi's strategy of funding loans directly, rather than relying on private credit investors like Blue Owl Capital.