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SoFi Technologies Surges to 109th in Trading Volume with $1.036 Billion Day

Market BriefMonday, May 12, 2025 8:22 pm ET

1min read

On May 12, 2025, SoFi Technologies (SOFI) saw a significant surge in trading volume, reaching $1.036 billion, marking a 48.05% increase from the previous day. This surge placed SoFi in the 109th position in terms of trading volume for the day, highlighting its strong market presence.

SoFi Technologies has announced a strategic partnership with a leading financial institution to expand its lending services. This collaboration aims to enhance SoFi's product offerings and attract a broader range of customers, potentially driving growth in the coming quarters.

SoFi Technologies has reported a strong quarterly earnings performance, exceeding analyst expectations. The company's revenue growth was driven by increased demand for its digital banking services and personal loans, reflecting a positive trend in consumer spending and financial management.

SoFi Technologies has launched a new feature on its mobile app, allowing users to track their credit scores and receive personalized financial advice. This initiative is part of SoFi's broader strategy to empower users with financial literacy tools, fostering long-term customer loyalty and engagement.

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