- SoFi is a Fintech company that provides a suite of financial products to the consumer (B2C) meanwhile, Galileo is a leading Fintech infrastructure platform serving upcoming Neo banks (B2B).
- The merger between SoFi and Galileo has created an impenetrable moat that enables them to serve multiple verticals across the Fintech ecosystem and maintain a strong competitive position.
- This article aims to provide a deep-dive and comprehensive analysis into SoFi's competitive advantage. We discuss highlights from the latest FY 2020 financial results and Q1 2021 Guidance.
- This article is balanced by discussing the major risks that is posed to SoFi within the evolving Fintech market.
- SoFi recently announced that the SPAC merger is now effective with the SEC and they intend to close the deal on May 28, and start trading as SoFi.
For further details see:
SoFi And Galileo Deep Dive: Building An Impenetrable Moat Within The Fintech Ecosystem