If I'd Bought $1,000 Worth of SoFi Stock at the Start of 2023, Here's How Much I Would Have Today

SoFi Technologies (NASDAQ: SOFI) has found a lot of success by disrupting the banking industry. Its all-digital offerings resonate with a younger, more affluent demographic.

This fintech stock is finally catching on with investors as well. If I'd bought $1,000 worth of SoFi shares at the start of 2023, I'd be sitting on a gain of 76% right now (as of Feb. 21). A similar investment in the tech-heavy Nasdaq Composite Index would have climbed by 49%.

Let's take a closer look at this innovative financial enterprise.

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Source Fool.com