"SoFi and BlackRock Collaborate for $375M Personal Loan Securitization"

SoFi Technologies has partnered with BlackRock to secure a $375 million personal loan securitization exclusively with funds and accounts managed by BlackRock. This collaboration will help SoFi expand its lending capabilities and better serve its members. The transaction is expected to settle by mid-November and is backed by a pool of SoFi personal loan collateral.