$SOFI has a much bigger opportunity than just growing its own banking app. In Mexico, Aplazo uses SoFi Tech Solutions to power its installment card. Aplazo now has over 15,000 integrated merchants and 300,000+ monthly app downloads. Also, Orbi is using SoFi’s infrastructure to power a stablecoin-backed Mastercard, including payment processing and 24/7 settlement. Two completely different fintechs building products with SoFi’s technology. I think this side of the business is still being overlooked by a lot of investors.
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Scott S@scottsinvesting · 4d
How much revenue and profit does that side of the business produce?
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