SoFi Technologies (SOFI), announced an agreement to place a $375M personal loan securitization exclusively with funds and accounts managed by BlackRock (BLK) investment advisors. “Our access to different sources of capital is a critical component to growing our lending capabilities and better serving our members,” said Anthony Noto, CEO of SoFi. “BlackRock’s great collaboration, seamless execution, and ability to invest across the entire capital structure made them an exceptional partner.”
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