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What will be SoFi's revenue growth rate for Q4 2024?
3
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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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