Better Buy: Lemonade or SoFi?
For those investors thinking of putting money to work in the financial sector, it might be a good idea to consider taking a closer look at either Lemonade (NYSE: LMND) or SoFi Technologies (NASDAQ: SOFI). With all the hype surrounding artificial intelligence (AI) in recent months, it's refreshing to see Lemonade offer a true use case by integrating this technology into its disruptive platform. By leaning heavily on data, Lemonade is a vertically integrated insurance provider that allows customers to easily sign up for a policy in as little as 90 seconds, with many claims paid out in as little as three minutes.