Fintech Darlings SoFi and Lemonade Seeing Massive Growth, Nearing Profitability
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SoFi is a fintech company with lending, banking, credit card, and investment services that is seeing massive growth and nearing profitability.
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Lemonade is using AI to disrupt the insurance industry, making getting coverage and filing claims much easier.
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Lemonade now has over 2 million customers and its in-force premiums grew 18% last year.
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Lemonade expects to be cash flow positive by the end of 2025.
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Both SoFi and Lemonade have execution risks but huge potential to evolve into major players in their industries.