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Which Fintech Stock Is a Better Buy? By StockNews


© Reuters. SoFi vs. Lending Club: Which Fintech Stock Is a Better Buy?

SoFi (SOFI) and LendingClub (NYSE:) are two stocks that are growing at an enviable pace, making them ideal picks for long-term growth investors. These two companies continue to expand their portfolio of solutions which enables them to experience solid growth in customer base and deliver rapid growth in top-line. Which one is the better buy?.The desire to democratize access to financial and investing tools has led to the creation of multiple companies in the last decade. These companies are part of the rapidly growing fintech space and are well poised to grow investor wealth over the long term.

Given these secular tailwinds, today we will take a look at two fintech giants, SoFi (SOFI) and Lending Club (LC). While SoFi is a recent IPO, Lending Club has been trading on the equity markets for more than seven years.

The ongoing economic recovery and the shift towards digital solutions make both these stocks enticing bets for 2021 and beyond. But which is the better of the two stocks to buy now?

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