Hey everyone, it's your favorite financial YouTuber back with some exciting news! SoFi, the digital personal finance company, is now offering up to $2 million in FDIC insurance for their Checking and Savings members! That's right, you heard it here first - SoFi is going above and beyond the industry standard of $250,000 per account. How are they able to do this, you ask? Through their newly created partnership with multiple banks called the SoFi FDIC Insurance Network. SoFi members can now rest easy knowing their deposits are protected with the best benefits available. But wait, there's more! SoFi Technologies, Inc. (SOFI) is getting some love from Wall Street heavyweights. With an average brokerage recommendation of 1.73 (between Strong Buy and Buy), and a Zacks Rank #2 Buy rating, it's no wonder that investors are keeping a close eye on this stock. Plus, insider buying from the chief executive himself, Anthony Noto, shows that he's confident in the company's future. So why not give SoFi Technologies a chance with a small investment or add it to your watch list? With their commitment to innovation and growth, it's definitely a company worth considering.
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Disclosure: This video was done by myself, and it expresses my own opinions. This is not investment advice or financial advice and it should not be taken as investment advice or financial advice in any way shape or form. I am not receiving any form of compensation for this video from the company or organization that I am expressing opinions about. This video is for entertainment and or educational purposes only.
SOURCES: https://finance.yahoo.com/news/sofi-checking-savings-offer-access-130000542.html
https://finance.yahoo.com/news/brokers-suggest-investing-sofi-technologies-133001653.html
https://investorplace.com/market360/2023/03/ceos-optimism-speaks-well-for-sofi-stock/
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