SoFi Secures $3.2 Billion Expansion to Loan Platform Business Across Agreements with Fortress and Edge Focus
SoFi Technologies (NASDAQ: SOFI) has secured a significant expansion of its Loan Platform Business with a total of $3.2 billion in new agreements. The company announced a $2 billion extension of its personal loans agreement with Fortress Investment Group, building upon their original $2 billion agreement from October 2024. Additionally, SoFi signed a two-year agreement to originate $1.2 billion in loans through a joint venture between Fortress and Edge Focus.
The total commitment from Fortress for SoFi's Loan Platform Business has now exceeded $5 billion. This expansion supports SoFi's strategy to transition towards less capital-intensive and more fee-based revenue sources. The Loan Platform Business model involves pre-qualifying borrowers and referring them to loan origination partners, as well as originating loans on behalf of third parties.
SoFi Technologies (NASDAQ: SOFI) ha ottenuto un'importante espansione del suo Business di Piattaforma Prestiti con un totale di 3,2 miliardi di dollari in nuovi accordi. L'azienda ha annunciato un'estensione di 2 miliardi di dollari del suo accordo sui prestiti personali con Fortress Investment Group, ampliando l'accordo originale da 2 miliardi di dollari stipulato nell'ottobre 2024. Inoltre, SoFi ha firmato un accordo biennale per erogare 1,2 miliardi di dollari in prestiti tramite una joint venture tra Fortress e Edge Focus.
L'impegno totale di Fortress per il Business di Piattaforma Prestiti di SoFi ha ora superato i 5 miliardi di dollari. Questa espansione supporta la strategia di SoFi di orientarsi verso fonti di ricavo meno capital-intensive e maggiormente basate su commissioni. Il modello di Business della Piattaforma Prestiti prevede la pre-qualifica dei mutuatari e il loro indirizzamento ai partner per l'erogazione dei prestiti, oltre all'erogazione di prestiti per conto di terzi.
SoFi Technologies (NASDAQ: SOFI) ha asegurado una expansión significativa de su Negocio de Plataforma de Préstamos con un total de 3,2 mil millones de dólares en nuevos acuerdos. La compañía anunció una extensión de 2 mil millones de dólares en su acuerdo de préstamos personales con Fortress Investment Group, ampliando el acuerdo original de 2 mil millones de dólares de octubre de 2024. Además, SoFi firmó un acuerdo de dos años para originar 1,2 mil millones de dólares en préstamos a través de una empresa conjunta entre Fortress y Edge Focus.
El compromiso total de Fortress para el Negocio de Plataforma de Préstamos de SoFi ha superado ahora los 5 mil millones de dólares. Esta expansión respalda la estrategia de SoFi de orientarse hacia fuentes de ingresos menos intensivas en capital y más basadas en comisiones. El modelo de Negocio de la Plataforma de Préstamos implica pre-calificar a los prestatarios y derivarlos a socios originadores de préstamos, así como originar préstamos en nombre de terceros.
SoFi Technologies (NASDAQ: SOFI)는 대출 플랫폼 사업을 총 32억 달러 규모의 신규 계약으로 크게 확장했습니다. 회사는 Fortress Investment Group과의 개인 대출 계약을 기존 20억 달러에서 20억 달러 추가 연장했다고 발표했으며, 이는 2024년 10월 체결된 원래 계약을 기반으로 합니다. 또한 SoFi는 Fortress와 Edge Focus 간의 합작 투자로 12억 달러 규모의 대출을 2년간 제공하는 계약을 체결했습니다.
Fortress가 SoFi의 대출 플랫폼 사업에 총 투자한 금액은 이제 50억 달러를 초과했습니다. 이번 확장은 SoFi가 자본 집약도가 낮고 수수료 기반 수익원으로 전환하려는 전략을 지원합니다. 대출 플랫폼 사업 모델은 대출 신청자를 사전 심사하고 대출 실행 파트너에게 연결하며, 제3자를 대신해 대출을 실행하는 방식을 포함합니다.
SoFi Technologies (NASDAQ : SOFI) a obtenu une expansion significative de son activité de plateforme de prêts avec un total de 3,2 milliards de dollars en nouveaux accords. La société a annoncé une extension de 2 milliards de dollars de son accord de prêts personnels avec Fortress Investment Group, s'appuyant sur leur accord initial de 2 milliards de dollars d'octobre 2024. De plus, SoFi a signé un accord de deux ans pour octroyer 1,2 milliard de dollars de prêts via une coentreprise entre Fortress et Edge Focus.
L'engagement total de Fortress envers l'activité de plateforme de prêts de SoFi dépasse désormais les 5 milliards de dollars. Cette expansion soutient la stratégie de SoFi visant à se tourner vers des sources de revenus moins intensives en capital et davantage basées sur les commissions. Le modèle d'activité de la plateforme de prêts consiste à préqualifier les emprunteurs et à les orienter vers des partenaires d'octroi de prêts, ainsi qu'à octroyer des prêts pour le compte de tiers.
SoFi Technologies (NASDAQ: SOFI) hat eine bedeutende Erweiterung seines Kreditplattform-Geschäfts mit insgesamt 3,2 Milliarden US-Dollar an neuen Vereinbarungen gesichert. Das Unternehmen kündigte eine Verlängerung seines Privatkreditvertrags mit Fortress Investment Group um 2 Milliarden US-Dollar an, basierend auf der ursprünglichen Vereinbarung über 2 Milliarden US-Dollar vom Oktober 2024. Zusätzlich unterzeichnete SoFi eine zweijährige Vereinbarung zur Vergabe von Krediten in Höhe von 1,2 Milliarden US-Dollar über ein Joint Venture zwischen Fortress und Edge Focus.
Die Gesamtverpflichtung von Fortress für das Kreditplattform-Geschäft von SoFi hat nun 5 Milliarden US-Dollar überschritten. Diese Erweiterung unterstützt Sofis Strategie, sich stärker auf kapitalarme und gebührenbasierte Einnahmequellen zu konzentrieren. Das Geschäftsmodell der Kreditplattform umfasst die Vorauswahl von Kreditnehmern und deren Weiterleitung an Kreditvergabepartner sowie die Kreditvergabe im Auftrag Dritter.
- Secured $3.2 billion in new loan platform agreements
- Total commitment from Fortress now exceeds $5 billion
- Transition to less capital-intensive, fee-based revenue model
- Expanded partnership demonstrates confidence in SoFi's loan products
- None.
SoFi also signed a two-year agreement to originate an additional
The total commitment provided by Fortress for SoFi’s Loan Platform Business has now reached over
“Our continued collaboration with Fortress is a testament to the success, strength and scalability of our Loan Platform Business,” said Anthony Noto, CEO of SoFi. “The additional
“The extension of our partnership with SoFi is a reflection of our confidence in the company’s consumer loan product offerings to their members through their Loan Platform Business," said Dominick Ruggiero, Global Co-Head of Asset Based Credit at Fortress. “We are excited to expand this mutually beneficial partnership that helps increase the availability of personal loans for consumers and creates a compelling investment opportunity for Fortress’s funds.”
SoFi’s Loan Platform Business refers pre-qualified borrowers to loan origination partners as well as originates loans on behalf of third parties.
About SoFi
SoFi (NASDAQ: SOFI) is a member-centric, one-stop shop for digital financial services on a mission to help people achieve financial independence to realize their ambitions. The company’s full suite of financial products and services helps its over 10.1 million SoFi members borrow, save, spend, invest, and protect their money better by giving them fast access to the tools they need to get their money right, all in one app. SoFi also equips members with the resources they need to get ahead – like credentialed financial planners, exclusive experiences and events, and a thriving community – on their path to financial independence.
SoFi innovates across three business segments: Lending, Financial Services – which includes SoFi Checking and Savings, SoFi Invest, SoFi Credit Card, SoFi Protect, and SoFi Insights – and Technology Platform, which offers the only end-to-end vertically integrated financial technology stack. SoFi Bank, N.A., an affiliate of SoFi, is a nationally chartered bank, regulated by the OCC and FDIC and SoFi is a bank holding company regulated by the Federal Reserve. The company 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.
©2025 SoFi Technologies, Inc. All rights reserved.
About Fortress
Fortress Investment Group LLC is a leading, highly diversified global investment manager. Founded in 1998, Fortress manages
The Fortress Asset-Based Credit business provides capital solutions to specialty finance companies, lending against and investing in a broad spectrum of consumer receivables, small commercial receivables and other contractual cash flow streams. With over two decades of experience as an active investor in the space, the team focuses primarily on originating businesses in the US and
AUM refers to assets Fortress manages, including capital that Fortress has the right to call from investors, or investors are otherwise required to contribute, pursuant to their capital commitments to various funds or managed accounts.
About Edge Focus
Edge Focus is a technology-driven investment firm that delivers Curated Access to Consumer-Focused Private Credit—with Edge. Through its proprietary platforms, Origin and Lens, Edge Focus manages funds, SPVs, and SMAs, while also powering fintech partners with advanced underwriting and portfolio analytics tools. Learn more at www.edgefocuspartners.com.
Availability of Other Information About SoFi
Investors and others should note that we communicate with our investors and the public using our website (https://www.sofi.com), the investor relations website (https://investors.sofi.com), and on social media (X and LinkedIn), including but not limited to investor presentations and investor fact sheets, Securities and Exchange Commission filings, press releases, public conference calls and webcasts. The information that SoFi posts on these channels and websites could be deemed to be material information. As a result, SoFi encourages investors, the media, and others interested in SoFi to review the information that is posted on these channels, including the investor relations website, on a regular basis. This list of channels may be updated from time to time on SoFi’s investor relations website and may include additional social media channels. The contents of SoFi’s website or these channels, or any other website that may be accessed from its website or these channels, shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.
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Media Contacts
SoFi: PR@sofi.org
Fortress Investment Group LLC: mlane@fortress.com
Source: SoFi Technologies
FAQ
What is the total value of SoFi's new loan platform agreements announced in 2024?
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