In 2021, Upstart Holdings saw significant growth before crashing over 90% from all-time highs. Despite making a recovery, it remains a small player in the lending space with a market cap of around $8 billion. SoFi Technologies, on the other hand, has a market cap of $25 billion, generating positive earnings and expanding its customer base rapidly.

SoFi’s comprehensive personal finance platform has attracted 11.75 million customers, leading to a 44% revenue growth to $855 million last quarter. With a P/E ratio of 46, the company aims to become a one-stop app for personal finance, leveraging its large customer base to generate profits and stay ahead of competitors.

Remitly Global, a remittance services provider with a market cap of $3.3 billion, faces temporary headwinds due to immigration changes and stablecoins’ impact. However, its revenue grew 34% to $334 million last quarter, with net income of $11 million. The company’s focus on user-friendly services and lower fees positions it for future growth in remittances.

Both Remitly and SoFi are projected to outperform Upstart in the next five years due to their strong financial performance and growth potential. Upstart’s struggles to generate profits and disrupt traditional lending methods make it a riskier investment compared to the more established SoFi and Remitly. Consider adding the latter two to your portfolio for long-term growth potential.

Read more at Yahoo Finance: 2 Stocks That Will Be Worth More Than Upstart 5 Years From Now