3 Reasons to Buy the Dip on SoFi

Traditional banks are known for poor customer service, long waits, and call centers, which is why so many fintechs like SoFi Technologies (NASDAQ: SOFI) are sprouting up. Investors have cooled on SoFi's stock, a decline that could be a result of low interest rates hurting lenders and investor sentiment turning against SPACs (special purpose acquisition companies) and riskier growth stocks in recent months. Investors may have the wrong idea about SoFi, and here are three reasons why.

SoFi got its start in student loans, but it's evolved over the past two years to develop a finance "super app" that lets consumers service all of their money needs. Within SoFi's app, you get:

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Source Fool.com