SoFi Gets $2 Billion to Expand Its Loan Platform Business
Personal finance company SoFi is expanding its loan platform with a new $2 billion investment. The new “loan platform business agreement,” announced Monday (Oct. 14), is based on funds that will be managed by affiliates of Fortress Investment Group.
Why SoFi Stock Popped 10% Today
A $2 billion financing deal has investors excited.
SoFi shares jump 10% on $2 billion Fortress personal loan deal
SoFi Technologies Inc. (NASDAQ: SOFI) shares surged 10% after the company announced a $2 billion deal with Fortress Investment Group LLC for personal loans.
SoFi Stock Rises, Lifted by $2B Fortress Capital Loan Deal
Shares of SoFi Technologies (SOFI) rose Monday morning after the digital financial services company announced a $2 billion deal with Fortress Capital to grow its personal loans business.
SoFi's $2 Billion Leap: Golden Cross Sparks A Bullish Boom
SoFi Technologies Inc SOFI is lighting up the trading floor, with a striking 9% leap to $9.80 by 11 AM ET on Oct. 14.
SoFi Stock Is Soaring Thanks to a $2 Billion Pact With Fortress Investment
Fintech SoFi reached an agreement with Fortress Investment Group to connect pre-qualified borrowers with loans.
3 Keys to SoFi Technology's Stock Growth
If SoFi gets these businesses working, the stock could fly.
1 Magnificent Growth Stock Down 67% to Buy and Hold Forever
Trends are moving in its favor.
SoFi stock could enter beast mode: Oct. 29 earnings will be key
SoFi (SOFI) stock price has staged a strong comeback in the past few weeks as investors focus on the Federal Reserve and the recently-started earnings season. It soared to a high of $9.01, its highest level since March 4th, and 50% above its lowest level in August.
SoFi Technologies, Inc. (SOFI) Increases Despite Market Slip: Here's What You Need to Know
In the closing of the recent trading day, SoFi Technologies, Inc. (SOFI) stood at $8.63, denoting a +0.47% change from the preceding trading day.
My Shocking SoFi Stock Price Target
SoFi technologies wants to become a comprehensive financial services company.
SoFi's Bullish Momentum Accelerates
SoFi's member base grew by over 40% YoY in 2023, demonstrating strong retention and cross-selling power. The ratio of financial services to lending products increased from 2.7x (2021) to 6.2x (2024), boosting lifetime value. Recent earnings showed SoFi consistently beating EPS estimates, with 11 upward revisions in the last 90 days.
