Fintech companies SoFi and Circle see valuations drop by more than half
CRCL Circle Internet Group Inc
$80.84 -3.91%
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- 1SoFi and Circle lost more than half of their value during the market downturn.
- 2SoFi recorded 15.8 million members in Q2 2026, achieving a year-over-year growth rate of 35% for its Q2 2026 membership.
- 3Circle's stock price has fallen approximately 70% since hitting an all-time high last June.
So what's the key point?
The values of SoFi and Circle decreased by more than half during the market downturn. SoFi had 15.8 million members in Q2 2026, and Circle's stock price fell by about 70%.
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