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IPOE - SoFi Reports Blowout Results Ahead of SPAC Merger
Social Capital Hedosophia Holdings Corp. V Class A
Social Finance (SoFi) is preparing to close its merger with special-purpose acquisition company (SPAC) Social Capital Hedosophia V (NYSE: IPOE) , and the fintech start-up released first-quarter results last week that blew away its own guidance. SoFi is seeing growth accelerate on a number of fronts as it positions itself as a one-stop shop for financial services targeting younger demographics.
Here's what Social Capital Hedosophia V shareholders need to know.