SoFi reports strong performance in first quarter 2025 earnings
1. SoFi exceeded revenue expectations with $770 million, up 33% year-over-year. 2. Net income declined 19% to $71 million but surpassed expected $38 million. 3. Membership grew 34% to 10.9 million, indicating strong customer adoption. 4. SoFi is optimistic about launching new personal loan and student refinancing products. 5. The evolving regulatory landscape allows for reentry into crypto and blockchain markets.