Fastly Inc vs SoFi Technologies Inc — how do they compare? Fastly Inc trades at $28.85 (market cap $4.58B), while SoFi Technologies Inc trades at $18.09 (market cap $23.22B). The key difference: SoFi Technologies Inc is far larger — about 5.1× Fastly Inc's market cap, and Fastly Inc is trading nearer its 52-week high, SoFi Technologies Inc nearer its low. Which is the better fit depends on your goals.
| FSLY | SOFI | |
|---|---|---|
Market Cap | $4.58B | $23.22B |
Sector | Technology | Financials |
52-Week High | $33.50 | $32.21 |
52-Week Low | $6.85 | $15.15 |
Enterprise Value | $4.65B | — |
Trailing returns across standard periods
Latest headlines on both assets
Fastly operates a content delivery network, which is necessary for entities to provide faster and more reliable online content. Fastly's strategy differs from traditional CDNs, which focused on locating servers in as many locations as possible to store copies of files that consumers most use. Fastly has far fewer sites than traditional CDNs, but it houses servers in the most network-dense data centers. Instead of simply storing static content, it allows its customers to program on its platform, enabling edge computing and better service of the more dynamic content that was traditionally not well served by CDNs. Fastly gears its service to the largest, most sophisticated enterprises rather than small companies and generated about two thirds of its revenue in the United States in 2020.
Read more on FSLY →SoFi is a financial services company that was founded in 2011 and is currently based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020 the company also offers payment and account services for debit cards and digital banking.
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