SoFi Technologies, Inc. (NASDAQ:SOFI) Q3 2023 Earnings Call Transcript

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Anthony Noto: Thank you for your questions. I want to end up with the following outlook. I remain confident that no company is better positioned than SoFi to be the winner that takes most in the digital transformation of financial services. Building the technology capabilities to offer our complete suite of financial products on your mobile phone and to support our scale of over 10 million products and over $2 billion in run rate annual revenue has proven to be a daunting challenge, a daunting challenge not just for the most well-equipped incumbent banks and from institutions, but also for the most innovative entrepreneurs. Add to that, the regulatory requirements and sizable financial capital and resources required and it’s fair to conclude, SoFi is in a class of one.

I could not be prouder of our SoFi team for getting us to this point and thankful to our more than 7 million members whose lives we impact every day. Thank you for your time, and I look forward to addressing you in the next quarter.

Operator: This concludes today’s call. Thank you for joining. You may now disconnect your lines.

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