Key Takeaways: SoFi is an innovative digital banking platform that allows users to invest in Stocks, ETFs and even cryptocurrencies with low fees. This is achieved through the SoFi Invest platform which offers over 4,000 stocks and IPOs to invest and trade.
The SoFi banking app has a unique approach to lending and wealth management and offers great rates on student loan refinancing, mortgages, personal loans, and more.
How to Buy Stocks with SoFi
Investing Stocks, ETFs and other financial assets is easy and can be done through their sleek and intuitive SoFi Mobile App. This platform allows investors to buy fractional shares and ETFs with as little as $5 and no commissions on trading. SoFi Invest currently offers over 4,000 Stocks and ETFs including top names like Alphabet (GOOG), Apple (APPL), Nvidia (NVDA) and more.
You can get started in 4 simple steps:
- Step 1: Download the SoFi App on iOS or Android.
- Step 2: Deposit US Dollars (USD) from your bank account or alternative payment method via ACH Transfer or Bank Wire.
- Step 3: Find the stock you want to buy on the SoFi application.
- Step 4: Input the amount of US Dollars (USD) you want to buy and execute your trade.
Can I buy SoFi Stocks?
Yes, you can invest in SoFi Stocks because the company completed their IPO on June 1 of 2021 at a valuation of $8.7 billion through a public SPAC. SoFi Technologies Inc (NASDAQ: SOFI) shares are available to buy or sell on the SoFi Invest platform for zero trading fees.
Does SoFi offer IPO Investing?
Yes, SoFi Invest offers IPO (Initial Public Offering) services to it's users. This is a process where you can buy newly-issued shares of companies that are going public. SoFi will provide more information on an upcoming IPO, including the date, price range and allocation amount, in advance so that you can decide whether or not you want to participate.
You can learn more about SoFi IPO investing in their official video.
What is SoFi and SoFi Invest?
SoFi is a personal finance company that offers a variety of financial products and services to its users. These include student loan refinancing, mortgages, personal loans, and investing products such as SoFi Invest. SoFi has been featured in major publications such as TechCrunch, Forbes, and The Wall Street Journal.
SoFi Invest is an investing platform offered by SoFi. It allows users to invest in a variety of assets, including stocks, ETFs, and cryptocurrencies. SoFi Invest also offers automated investing plans, which allow users to invest without having to actively manage their portfolios.
SoFi Stock Price
The chart below is the live price of SoFi Stock (NASDAQ: SOFI) in US Dollars (USD).