SoFi Offering Brokerage Services Now

SoFi is now offering brokerage services to the public a spokeswoman there has confirmed; there is an active investing option on the SoFi Invest page for trading individual stocks and ETFs, and there are no transaction fees; SoFi is looking to compete with the likes of Robinhood for free stock trades; they already offer an automated investing service through the SoFi Wealth product. Source.

  • Peter Renton

    Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s largest digital media company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.