SoFi’s loan platform books $3.6B in deals
SoFi’s loan platform secured new agreements worth more than $3.6 billion with a global bank, a major insurer and an asset manager, underscoring the scale fintech lending platforms can achieve through strategic partnerships. The deals highlight distribution and balance‑sheet synergies between digital platforms and legacy institutions. (stockstotrade.com)
SoFi announced the LPB expansion on March 26, 2026 in a Business Wire filing on its investor site. (investors.sofi.com)) The company said the new transactions include an expected loan delivery of more than $1.0 billion from a leading global bank, a $600 million commitment from a financial services and insurance group covering the next 12 months, and an agreement with a top‑five private asset manager to deliver up to $2.0 billion over a two‑year period. (investors.sofi.com)) SoFi described the Loan Platform Business as a capital‑light, fee‑based origination channel that refers pre‑qualified borrowers to originators, originates loans on behalf of third parties and retains servicing rights. (investors.sofi.com)) The company reported that LPB secured over $10.0 billion in partner commitments during 2025, adding scale to a pipeline that management says supports fee income growth. (investors.sofi.com)) Independent coverage noted LPB originations tripled to about $3.7 billion in Q4 2025 and that LPB generated roughly $194 million of fee‑based revenue in that period according to market research summaries. (ainvest.com)) SoFi said it finished 2025 with record quarterly net revenue of $1.025 billion and 13.7 million members, while its Galileo platform was cited as powering 128 million global accounts—scale that underpins third‑party distribution to institutional partners. (s27.q4cdn.com))
