ING Groep NV vs SoFi Technologies Inc — how do they compare? ING Groep NV trades at $32.22 (market cap $92.65B), while SoFi Technologies Inc trades at $17.63 (market cap $21.82B). The key difference: ING Groep NV is far larger — about 4.2× SoFi Technologies Inc's market cap, and ING Groep NV pays a 3.93% dividend while SoFi Technologies Inc pays none. Which is the better fit depends on your goals.
| ING | SOFI | |
|---|---|---|
Market Cap | $92.65B | $21.82B |
Sector | Financials | Financials |
52-Week High | $33.31 | $32.21 |
52-Week Low | $22.71 | $15.15 |
Dividend Yield | 3.93% | — |
Trailing returns across standard periods
Latest headlines on both assets
The merger of the Dutch postal bank and NN Insurance in 1991 created ING. Through a series of further acquisitions ING build up a global footprint. The 2008 financial crisis forced ING to seek government support--a precondition of which was that ING should separate its banking and insurance activities, which saw ING revert to being solely a bank. ING has market- leading banking operations in the Netherlands and Belgium, and a range of digital banks across Europe and Australia. Its global wholesale banking operation is primarily focused on lending.
Read more on ING →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.
Read more on SOFI →