Today: 22 July 2026
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Fintech 15 June 2026 - 21 July 2026

SoFi’s 2026 Profit Target Puts 38% Margin in Focus for H2

SoFi’s 2026 Profit Target Puts 38% Margin in Focus for H2

SoFi Technologies, Inc. started Wednesday with some pressure on a break-even line deep in its 2026 outlook. To hit $1.6 billion in full-year adjusted EBITDA—a non-GAAP figure, excluding taxes, certain financing, and non-cash costs—the company would need that metric to reach about 37.7% of second-half revenue. That compares to 31.3% in the first quarter and an implied 30% for the second.
Nu Holdings gets Mexico bank license, putting attention on deposit base

Nu Holdings gets Mexico bank license, putting attention on deposit base

Nu Holdings Ltd. is close to wrapping up its conversion to a Mexican bank, with a funding base that goes deeper than customer numbers suggest. Mexico had more than $5.9 billion in deposits as of the end of March, making up about 14% of the group’s deposits, while its 15 million-plus customers were about 11% of Nu’s global total. The main question now is whether these deposit levels can help the new banking license generate more profit.
15 July 2026
Nu Holdings Bags Mexico Bank Win, Quietly Expands Deposit Cover 16x

Nu Holdings Bags Mexico Bank Win, Quietly Expands Deposit Cover 16x

Nu Holdings Ltd. shares dipped 0.4% to $13.71 ahead of the bell Monday. Investors gave only a muted reaction after the company secured final sign-off for its unit in Mexico to run as a bank. The bigger impact could be behind the scenes, with legal protection on customer deposits set to jump sixteen times once the switch goes through.
13 July 2026
SoFi edges higher ahead of earnings update

SoFi edges higher ahead of earnings update

SoFi Technologies, Inc. climbed Monday, with growth and fintech stocks finding support. SOFI last changed hands at $17.14, up $0.555 from its Friday close at $16.58. The shares moved between $17.02 and $17.43 during the session. Market cap hovered near $23.6 billion. The P/E remained about 38, giving SOFI limited room for error if growth falls off.
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