SoFi Technologies plans to launch an international money transfer service using the Bitcoin Lightning Network, undercutting traditional banks with lower fees. The move positions SoFi as a fintech leader in digital payments and gives them a regulatory edge over rivals. Analysts recommend holding SoFi stock, with potential upside of 30%.

However, not all analysts are bullish on SoFi shares, with a consensus rating of “Hold” and a mean target indicating potential downside. Despite differing views, the launch of international money transfer services is seen as a positive move for the fintech company, driving user growth and competitive advantage in financial services.

Read more at Yahoo Finance: As SoFi Launches International Money Transfer Services, How Should You Play SOFI Stock?