SoFi Stock: Bank Charter APPROVED!! [EVERYTHING You NEED To KNOW]
Sofi Stock BANK CHARTER has FINALLY BEEN APPROVED! In this video, we take a look at Sofi Stock Breaking News! Sofi, the fintech (financial technology) company led by CEO Anthony Noto & CFO Chris Lapointe has received the missing piece to their already awesome business model! In this video, we go over the announcement of the bank charter approval and all the recent breaking news surrounding the bank charter approval & the details you might have missed. Also, we dive deeper & see exactly what this bank charter approval (shouts out the Fed & OCC) means for Sofi the Stock & more importantly Sofi the business. After the announcement of Sofi’s bank charter approval on 01/18/2022, the stock has already begun to shoot up in after-hours trading.
The bank charter will happen with a condition that SoFi Bank won’t come near any crypto-related activities that’s currently on the job of SoFi now unless there’s prior written approval of the OCC. This is just the beginning for Sofi/Sofi Stock however, the true benefits of the bank charter approval are yet to be felt/seen. The true effects of the bank charter approval on Sofi’s business will start to show themselves in the next earnings call & even the earnings after that. We are excited to see what Sofi’s 2022 earnings look like now that Sofi is able to use its customer deposits to fund its loans.
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OCC Document: https://www.occ.gov/news-issuances/ne...
SoFi Investors FB Group: / 1157139898362436
SoFi Bank Charter Press Release: https://www.sofi.com/press/sofi-recei...
Anthony Noto Interview With Pompliano: • Video
TIMESTAMPS:
00:00 BANK CHARTER IS APPROVED
00:16 Video Overview
00:30 Welcome To Wealth Gambit
00:45 Check Out Our New Facebook Group
00:55 SoFi Not Slowing Down For ANYONE
01:05 Comment How Many Shares Your Holding Down Below
01:23 Video Overview
01:39 We’ve Been Covering SoFi Since MAY 2021
01:54 One Of The Biggest Power Moves SoFi Did
02:07 Who SoFi Hired Recently
02:30 Why This Is So Important For You As An Investor
03:00 SoFi Bank Can Now Implement Its Revised Business Plans
03:10 What Will Happen To Golden Pacific?
03:20 Anthony Noto Quote From Official Press Release
04:05 SoFi Doesn’t Need To Rely On 3rd Party Banks Now
04:20 Bank Charter is Great For SoFi’s Credibility
04:30 What SoFi CEO Anthony Noto Has To Say About Bank Charter
06:30 What Happened Hours After Bank Charter Announcement
06:40 Clock Is Ticking To Buy The Dip
06:53 Looking Forward To Next Earnings Call
07:05 Shoutout To SoFi Leadership Team And Every SoFi Investor
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