SOFI Expands Loan Platform Business with $2 Billion Agreement: 14/10/2024

StockMarketNerd Over on X said it best:

”New $2B personal loan funding agreement for $SOFI this morning. Means more room to cater to borrowers, collect more of their data & drive more cross selling…. Expands its overall ability to help more customers. Expands top of funnel. Doesn’t expand balance sheet risk. Doesn’t incrementally pressure capital ratios.”

Source: X


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