Share capital Hedosophia Holdings V (NYSE: IPOE), a Special Purpose Acquisition Company (SPAC) led by Chamath Palihapitiya, is set to go public with fintech startup Social Finance, better known as SoFi. In this Fool live Video clip, recorded on March 15, Fool.com contributors Matt Frankel, CFP, Brian Withers and Dan Caplinger discuss whether SoFi could be a long-term winner for investors entering now.

Matt Frankel: So let’s move on to Social Capital Hedosophia Holdings V, which recently announced its intention to acquire IPOE. The stock symbol is IPOE. They are going to acquire a company called SoFi, which is the abbreviation for Social Finance. So SoFi – I’m a customer; I don’t know if any of you are. But they are an ecosystem of financial services. They have a deposit platform; they make personal loans; that’s what they’re best known for. They have a stock trading platform; they have a robo-consulting service. You can buy cryptocurrency there. They launched a credit card. These are, you know, all-in-one financial services. They aim to disrupt the traditional banking model. They expect 30% to 60% annual growth over the next five years. It is a big and ambitious goal. They recently acquired a bank to help speed up the process. They get a ton of capital in this PSPC deal. First of all, are any of you a SoFi customer and what do you think of the company?

Brian Withers: Not a customer.

Dan Caplinger: I am not a client. I think the business is interesting. What interests me is that this is just one more angle. There are so many of these financial disruptive companies that sort of take the angle of bringing all financial services together under one roof. They arrive there from different directions to the same destination. So you have Robinhood starting with stock trading but gradually adding things up. you have Pay Pal (NASDAQ: PYPL) and Square (NYSE: SQ) starting with cash management and they gradually add things. you have Rocket Mortgage (NYSE: RKT) starting with mortgage lending which I think could gradually add things. Now you have SoFi, which started more on the personal student loans side of gradually adding things in, so it would be interesting to see once all of these guys converge and really start to go head-to-head, that’s there that the battle will unfold. start and this is where it will get really interesting.

Withers: Yeah, I think their approach to service, they talk about it HENWS, high incomes underserved. Going in and helping former students close their student loans over their heads, I think gives them immense loyalty to these people that they have helped ease the burden of school loans.