SoFi's New Product Is a Game-Changer

Source Motley_fool

Key Points

  • SoFi Coach is a new coaching tool included with SoFi Plus.

  • This new launch could deepen the relationship SoFi has with customers.

  • 10 stocks we like better than SoFi Technologies ›

SoFi (NASDAQ: SOFI) announced a new product called SoFi Coach this week that could move the company into the financial advisor role for customers, helping them budget and lower costs by optimizing finances. This will create more products and could also upend the economics of the financial advisor business that's prevalent today. For SoFi, it's a tailwind that could drive the company forward for many years to come.

*Stock prices used were end-of-day prices of June 4, 2026. The video was published on June 4, 2026.

Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »

Should you buy stock in SoFi Technologies right now?

Before you buy stock in SoFi Technologies, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and SoFi Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $439,632!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,316,532!*

Now, it’s worth noting Stock Advisor’s total average return is 959% — a market-crushing outperformance compared to 210% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.

See the 10 stocks »

*Stock Advisor returns as of June 5, 2026.

Travis Hoium has positions in Robinhood Markets and SoFi Technologies. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Bears Take Control as $1.35 Billion Loss Wave Triggers ETF Outflowsitcoin has slipped into a bear market below $65,000, driven by $4.21 billion in ETF redemptions, worsening spot demand, and a massive surge in long-term holder capitulation.
Author  Mitrade Team
Yesterday 06: 05
itcoin has slipped into a bear market below $65,000, driven by $4.21 billion in ETF redemptions, worsening spot demand, and a massive surge in long-term holder capitulation.
placeholder
Will the Tech Rally Continue? The Technical Verdict on the NASDAQ 100 Riding a massive 32% post-earnings wave, the Nasdaq-100 is showing its first signs of exhaustion. We break down crucial exit and entry rules for long positions this week.
Author  Mitrade Team
7 hours ago
Riding a massive 32% post-earnings wave, the Nasdaq-100 is showing its first signs of exhaustion. We break down crucial exit and entry rules for long positions this week.
placeholder
Oil Rallies Near $96 as Hezbollah Rejects Ceasefire, Choking Hormuz FlowsOil prices advanced on Friday, pushing Brent toward $96, after Hezbollah rejected a U.S.-brokered ceasefire. The diplomatic breakdown stalls broader U.S.-Iran peace talks and keeps vital Strait of Hormuz oil flows restricted.
Author  Mitrade Team
7 hours ago
Oil prices advanced on Friday, pushing Brent toward $96, after Hezbollah rejected a U.S.-brokered ceasefire. The diplomatic breakdown stalls broader U.S.-Iran peace talks and keeps vital Strait of Hormuz oil flows restricted.
placeholder
Tech Rout and Rate Hike Fears Drag Asian Stocks LowerAsian equities retreated on Friday as investors locked in technology profits ahead of U.S. payroll data, while South Korean labor friction and Japanese rate-hike speculation compounded regional market losses.
Author  Mitrade Team
7 hours ago
Asian equities retreated on Friday as investors locked in technology profits ahead of U.S. payroll data, while South Korean labor friction and Japanese rate-hike speculation compounded regional market losses.
placeholder
Gold Slumps as Dwindling Iran Peace Hopes Reignite Fed Rate ApprehensionGold headed for its worst week since May as collapsed Middle East peace talks stoked inflation fears, driving dollar inflows ahead of crucial U.S. nonfarm payrolls data.
Author  Mitrade Team
7 hours ago
Gold headed for its worst week since May as collapsed Middle East peace talks stoked inflation fears, driving dollar inflows ahead of crucial U.S. nonfarm payrolls data.
goTop
quote