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Sofi Says They Want to "Give You a Free Share of Stock" Worth Up to $1,500. Here's the Truth.

UPDATED AUGUST 18, 2021

Sofi (the investing app) is looking for new users, and they're willing to put their money where their mouth is.

The California startup is secretly offering new users a free, random share of stock users worth $5-$1,500.

Here are the full details:

As of Aug 4th 2021, the promotion still seems to be active.

We tried it out, here's how it went.

Our investing team tested out Sofi's sign-up process, and here's how it went.

The free share of stock we received is below (ticker symbol: SFY):

Sofi has largely been known as a lending app geared towards the tech-savvy, but is now looking to make a play into the investing space.

Sofi's free stock registration site is available here.
There are tons of investment apps out there, and they're all desperate to find new users.

Sofi (the U.S. company) has gone so far as to offer new investors a free share of stock worth up to $1,000. Seriously.

Here's how it works:

1. Sign up through Sofi's site (it took us 60 seconds or so).

2. Deposit at least $100 into your investment account (you can always take it out later)

3. They'll assign you your free, random share of stock worth $5-$1,500. You can do anything you like with it: sell it, keep it, etc.

That's it. The whole process takes 5 minutes tops. Basically just free money for you. Sign up now and claim your free stock.

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