You can also take a look to the MOPs Plus Typography node:
https://www.youtube.com/watch?v=lJ907xySsog [www.youtube.com]
It offers a very similar experience to the Mograph Text object from C4D because it packs the letters so you can use other MOPs or nodes to edit the packed geometry.
MOPs: https://www.motionoperators.com [www.motionoperators.com]
MOPsPlus: https://www.motionoperators.com/info/mopsplus/ [www.motionoperators.com]
To use the MOPs+ Typography node you will need to buy the commercial extension from MOPs, I always recommend to consider buy it to because it has a ton of useful nodes to improve multiple kind of workflows,
I made a quick demo showing this, I didn't see the complete tutorial reference but I guess it works to share an idea about this:
Hope that helps,
Cheers!