Advertisement
Canada markets open in 3 hours 59 minutes
  • S&P/TSX

    22,011.72
    +139.76 (+0.64%)
     
  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     
  • DOW

    38,503.69
    +263.71 (+0.69%)
     
  • CAD/USD

    0.7310
    -0.0010 (-0.14%)
     
  • CRUDE OIL

    82.85
    -0.51 (-0.61%)
     
  • Bitcoin CAD

    90,892.16
    +250.14 (+0.28%)
     
  • CMC Crypto 200

    1,432.92
    +8.82 (+0.62%)
     
  • GOLD FUTURES

    2,328.30
    -13.80 (-0.59%)
     
  • RUSSELL 2000

    2,002.64
    +35.17 (+1.79%)
     
  • 10-Yr Bond

    4.5980
    -0.0250 (-0.54%)
     
  • NASDAQ futures

    17,701.50
    +94.75 (+0.54%)
     
  • VOLATILITY

    15.83
    +0.14 (+0.89%)
     
  • FTSE

    8,077.45
    +32.64 (+0.41%)
     
  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     
  • CAD/EUR

    0.6837
    +0.0001 (+0.01%)
     

Here's Why SoFi Could Be a Big Winner in 2023 (and Beyond)

Here's Why SoFi Could Be a Big Winner in 2023 (and Beyond)

Bank stocks are quite volatile right now, and you might not think of up-and-coming fintech SoFi (NASDAQ: SOFI) as one of the best ways to invest in the sector. But the reality is that SoFi's deposit base and assets set it apart from most other banks, and could provide a nice tailwind for the company as it grows -- especially now that it offers higher FDIC insurance limits than its peers.