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Market
Will SoFi's market share in personal loans increase by 10% by end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Industry reports and market analysis from financial news outlets
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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Mortgage Loans • 25%
Auto Loans • 25%
Credit Cards • 25%
Other • 25%
Revenue • 25%
Net Income • 25%
Loan Origination Volume • 25%
Other • 25%
Fortress Loan Agreement • 25%
New Product Launches • 25%
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