SoFi Chief Executive Officer Anthony Noto Says Leaning Into Financial Services Capabilities; Noto Says Savings Rates Will Remain Competitive Even With Rate Cuts
Portfolio Pulse from Benzinga Newsdesk
SoFi CEO Anthony Noto stated in a Bloomberg TV interview that the company is focusing on enhancing its financial services capabilities. He also mentioned that SoFi's savings rates will remain competitive even if there are rate cuts.
July 30, 2024 | 2:36 pm
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SoFi CEO Anthony Noto highlighted the company's strategy to enhance its financial services capabilities and assured that SoFi's savings rates will remain competitive even with potential rate cuts.
The CEO's statements indicate a strategic focus on expanding financial services, which could attract more customers and boost revenues. The assurance of competitive savings rates despite rate cuts is likely to maintain customer trust and retention.
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