$PayPal (PYPL.US)$$SoFi Technologies (SOFI.US)$PayPal has done a great job expanding its products to include new offerings such as adding a buy now, pay later platform, as well as offering cryptocurrency trading and high-yield savings accounts through a Synchrony Bank partnership.
While the stock remains expensive here, I think it’s worth buying now that it’s down 17% from its highs, which is why we added some for the charitable trust last week.
SoFi, led by CEO Anthony Noto, also has a range of services that now includes selling insurance policies, brokerage accounts and mobile cash management. SoFi is well on its way to obtaining a banking charter, too.
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