SoFi expands loan platform partnerships; expected personal loan funding grows by over $3.6 billion

Reuters01:18
SoFi expands loan platform partnerships; expected personal loan funding grows by over $3.6 billion
  • SoFi expanded its Loan Platform Business through three new partnerships expected to total more than 3.6 billion in personal loan funding.
  • A transaction with a leading global bank is expected to deliver more than 1.0 billion in loans.
  • A separate agreement with a financial services and insurance group is expected to deliver 600.0 million over 12 months.
  • Terms were agreed with a top-five global private asset manager for deliveries of up to 2.0 billion over two years.


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