Massive SoFi News: $5 Billion Loan Deal Unlocks More Growth
SoFi is becoming more than a bank before our eyes.
SoFi Technologies (NASDAQ: SOFI) announced another multibillion-dollar loan platform deal that will allow the company to grow without taking too much risk onto the balance sheet. Travis Hoium explains why this is great for the company and where it will show up on the company's income statement.
*Stock prices used were end-of-day prices of April 18, 2025. The video was published on April 21, 2025.