Chime versus SoFi: Which Is the Better Fintech Stock Right Now?
Chime and SoFi are two emerging stars in the fintech space.
It's been a hot couple of weeks for the fintech sector. Digital banking platform Chime Financial (NASDAQ: CHYM) and stablecoin operator Circle (NYSE: CRCL) both completed initial public offerings (IPOs) in which shares of both companies soared.
While artificial intelligence (AI) is still the biggest megatrend fueling the stock market right now, the back-to-back IPOs from Circle and Chime have brought some renewed interest to the financial services arena.
Given the overlapping business models of Chime and SoFi Technologies (NASDAQ: SOFI), another budding neobank, investors may be wondering which stock is the better buy right now.
