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How many new loans will SoFi originate in Q1 2025?
3
Resolution / Starting Odds
Less than 500,000 • 25%
500,000 to 1,000,000 • 25%
1,000,000 to 1,500,000 • 25%
More than 1,500,000 • 25%
SoFi's official quarterly earnings report
Story
SoFi Announces $2 Billion Loan Deal with Fortress, Shares Rise 6.67%
Oct 14, 2024, 12:08 PM
SoFi Technologies, Inc. (NASDAQ: SOFI) has announced a $2 billion loan platform business agreement with Fortress Investment Group. The partnership will expand SoFi's personal loan platform capabilities, allowing the company to refer pre-qualified borrowers and originate loans for third parties. Following the announcement, SoFi shares rose by 6.67% in pre-market trading. This new loan expansion aims to significantly enhance SoFi's market presence.
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Similar markets
Less than 10 million • 25%
10 million to 10.5 million • 25%
10.5 million to 11 million • 25%
More than 11 million • 25%
Revenue • 25%
Net Income • 25%
Loan Origination Volume • 25%
Other • 25%
Mortgage Loans • 25%
Auto Loans • 25%
Credit Cards • 25%
Other • 25%
Fortress Loan Agreement • 25%
New Product Launches • 25%
Market Conditions • 25%
Other • 25%
Less than $150 million • 25%
$150 million to $200 million • 25%
$200 million to $250 million • 25%
More than $250 million • 25%
Less than $180 million • 25%
$180 million to $190 million • 25%
$190 million to $200 million • 25%
More than $200 million • 25%
Less than $0.05 • 25%
$0.05 to $0.10 • 25%
$0.10 to $0.15 • 25%
More than $0.15 • 25%
Less than $0.04 • 25%
$0.04 to $0.05 • 25%
$0.06 to $0.07 • 25%
More than $0.07 • 25%
Less than 20% • 25%
20% to 30% • 25%
30% to 40% • 25%
More than 40% • 25%