SoFi Expands Loan Platform Business with Multiple New Agreements Totaling Over $3.6 Billion
SoFi Technologies, Inc. (SOFI)
Company Research
Source: Business Wire
Deals with a leading global bank, a top-five global asset manager, and a financial services and insurance group add over $3.6 billion in expected personal loan funding. SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI) today announced the expansion of its Loan Platform Business (LPB), committing over $3.6 billion in personal loan delivery across three new partnerships.SoFi closed a LPB transaction with a leading global bank for an expected loan delivery of over $1 billion and a separate LPB transaction with a financial services and insurance group for $600 million over 12 months.Additionally, SoFi agreed terms on a new partnership with a top-five global private asset management firm, expected to deliver up to $2 billion over a two-year period.SoFi’s Loan Platform Business refers pre-qualified borrowers to loan origination partners as well as originates loans on behalf of third parties. These new agreements reflect the continuing strong demand for personal loans
Show less
Read more
Impact Snapshot
Event Time:
SOFI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SOFI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SOFI alerts
High impacting SoFi Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
SOFI
News
- Jim Cramer Says He Is a “Believer in SoFi” [Yahoo! Finance]Yahoo! Finance
- Q4 Earnings Highs And Lows: SoFi (NASDAQ:SOFI) Vs The Rest Of The Personal Loan Stocks [Yahoo! Finance]Yahoo! Finance
- SoFi Is Down 35%... The Bears Might Have A Point [Seeking Alpha]Seeking Alpha
- Want $1 Million in Retirement? Invest $10,000 in These 3 Stocks and Wait 20 Years. [Yahoo! Finance]Yahoo! Finance
- SoFi Looks Misunderstood After A Brutal Reset [Seeking Alpha]Seeking Alpha
SOFI
Earnings
- 1/30/26 - Beat
SOFI
Sec Filings
- 3/27/26 - Form SCHEDULE
- 3/20/26 - Form 4
- 3/20/26 - Form 144
- SOFI's page on the SEC website