Driven by the expansion of its crypto business, US nationwide bank SoFi's Q4 revenue surpasses 1 billion USD for the first time.
ChainCatcher news, according to The Block, driven by the expansion of its cryptocurrency business, SoFi Technologies, one of the largest online lenders in the United States and a fintech company, saw its fourth-quarter revenue surpass the 1 billion USD mark for the first time, with profits reaching 174 million USD.
The company stated that it added 1 million new members in the fourth quarter, a record high, bringing the total number of members to 13.7 million, a 35% increase compared to the same period last year.
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