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Is SoFi safe? Well, it's about as safe as any other bank of its size. In this video, we'll answer the question "what happens if SoFi goes bankrupt?" To do that, we'll need to figure out how SoFi makes money. Spoiler alert, the majority of their revenue comes from lending, and the average American consumer is already up to his eyeballs in debt. What happens in the event of a recession? Will SoFi be safe if their customers start defaulting on their unsecured personal and student loans? Let's find out.
Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Sign up now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/-O3t6T-LAyk.
By Nanalyze3.5
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Is SoFi safe? Well, it's about as safe as any other bank of its size. In this video, we'll answer the question "what happens if SoFi goes bankrupt?" To do that, we'll need to figure out how SoFi makes money. Spoiler alert, the majority of their revenue comes from lending, and the average American consumer is already up to his eyeballs in debt. What happens in the event of a recession? Will SoFi be safe if their customers start defaulting on their unsecured personal and student loans? Let's find out.
Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Sign up now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/-O3t6T-LAyk.

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