5 Best Fintech Companies and Stocks in 2021

2. SoFi

SoFi is a San Francisco based online finance company that was founded by Mike Cagney, Dan Macklin, James Finnigan, and Ian Brady in 2011. It is 2nd on our list of top 10 best fintech companies and stocks in 2021. The company offers a range of financial products including student loan refinancing, mortgages, personal loans, credit card, investing and banking. It has a mobile app and a desktop interface. At the start of the year, SoFi announced plans for going public by merging with a blank-check company run by venture capital investor Chamath Palihapitiya. 

The merger with the company, Social Capital Hedosophia Corp. V (NYSE: IPOE), has put the value SoFi at $8.65 billion. When last valued, SoFi had been worth $5.7 billion. As a startup, the firm had raised money from venture capital firms like SoftBank and Peter Thiel. Shares of the parent company were up following the announcement.