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SoFi Secures $3.2B Expansion to Loan Platform Business Through Fortress Partnership

Apr 17, 2025•about 1 year ago

Contract Type

partnership

San FranciscoFinancial Services

Description

SoFi Technologies, Inc. announced a $3.2 billion expansion to its Loan Platform Business through partnerships with Fortress Investment Group and Edge Focus. The extension of the partnership with Fortress reflects confidence in SoFi's consumer loan product offerings and creates a compelling investment opportunity.

Company Information

Company

SoFi

Location

234 1st Street

San Francisco, California, United States

About

SoFi’s mission is to help our members achieve financial independence to realize their ambitions. Our products for borrowing, saving, spending, investing and protecting give our three and a half million members fast access to tools to get their money right. SoFi membership comes with the key essentials for getting ahead, including career advisors and connection to a thriving community of like-minded, ambitious people. SoFi is also the naming rights partner of SoFi Stadium, home of the Los Angeles Chargers and the Los Angeles Rams. For more information, visit SoFi.com or download our iOS and Android apps.

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