SoFi seals up to $5 billion loan agreement as fintech lending gains ground
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SoFi has secured a loan agreement of up to $5 billion with Blue Owl Capital to offer personal loans via its app, reflecting a consumer shift from traditional banks to fintech lenders.

March 13, 2025 | 1:30 pm
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SoFi has entered into a $5 billion loan agreement with Blue Owl Capital to enhance its personal loan offerings, indicating a growing trend of consumers preferring fintech solutions over traditional banks.
The $5 billion loan agreement with Blue Owl Capital is a significant development for SoFi, as it enhances its ability to provide personal loans. This move is likely to attract more consumers to SoFi's platform, reflecting a broader trend of shifting from traditional banks to fintech solutions. The partnership is expected to positively impact SoFi's stock price in the short term due to increased lending capacity and consumer interest.
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