SoFi Technologies (SOFI) finalized an up to $5B loan platform business agreement for personal loans with funds managed by Blue Owl Capital. This move marks SoFi’s largest loan platform business agreement to date. SoFi’s loan platform business refers pre-qualified borrowers to loan origination partners as well as originates loans on behalf of third parties. The two-year deal with Blue Owl Capital managed funds reflects the growing demand for personal loans from members and debt investors.
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