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.
Image source: Getty Images.
For further details see:
SoFi Reports Blowout Results Ahead of SPAC Merger