SoFi, Best Egg get boosts from private credit [Yahoo! Finance]
SoFi Technologies, Inc. (SOFI)
Company Research
Source: Yahoo! Finance
SoFi Technologies and Best Egg are growing their loan platforms with respectively $2 billion and $500 million loan agreements led by Fortress Investment Group in a time proving to be private credit's shining moment The investment management firm once majority-owned by Japan's SoftBank has been slowly adding such fintechs as private credit clients. Last year, Fortress struck a £750 forward flow agreement with UK fintech Tabeo to help it grow and acquire more customers, and it provided a $300 credit facility to Canadian small business financing fintech Merchant Growth. “SoFi's loan platform business is an important part of our strategy to serve the financial needs of more members and diversify toward less capital-intensive and more fee-based sources of revenue,” said SoFi CEO Anthony Noto in a prepared statement. “We're pleased to see continued strong demand for SoFi's loan platform business. Fortress' collaboration, seamless execution and appreciation of the platform's value pro
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SOFI
News
- SoFi Technologies, Inc. (SOFI) Registers a Bigger Fall Than the Market: Important Facts to Note [Yahoo! Finance]Yahoo! Finance
- SoFi Technologies to Adopt Galileo’s Cyberbank Core for New Commercial Payment Services Sponsor Banking ProgramBusiness Wire
- SoFi Technologies (SOFI) Soars 11.4%: Is Further Upside Left in the Stock? [Yahoo! Finance]Yahoo! Finance
- SoFi expands Nova Credit relationship to bolster loan underwriting Oct. 15, 2024 9:50 AM ET By: Liz Kiesche , SA News Editor [Seeking Alpha]Seeking Alpha
- SoFi Partners with Venus Williams and Cameron Brink to Launch the ‘Give Her Credit’ Campaign in Honor of the 50th Anniversary of the Equal Credit Opportunity ActBusiness Wire
SOFI
Earnings
- 7/30/24 - In-Line
SOFI
Sec Filings
- 9/27/24 - Form 3
- 9/24/24 - Form 4
- 9/24/24 - Form 4
- SOFI's page on the SEC website