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SoFi Grows Deposits and Fees as Members Add Products

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SoFi’s financial services business is gaining momentum even as interest rates move in a direction the company didn’t anticipate, according to the company’s third-quarter earnings call Tuesday (Oct. 27). The digital finance company added a record number of members and products in the third quarter, helping drive revenue up 44% and giving management enough confidence […]

The post SoFi Grows Deposits and Fees as Members Add Products appeared first on PYMNTS.com .

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