Loan Platform Business
Loan Platform Business added $143.3 million to adjusted net revenue in Q2 2026.
The numbers
What it is
SoFi originates personal loans on behalf of third-party banks and investors, and earns platform and referral fees on them without holding the loans. It is the fee-based part of the lending business.
Why it matters to the stock. The Loan Platform Business is SoFi's most important fee-based line. It lets SoFi grow origination volume and fee revenue without using its own balance sheet, which helps the company show more capital-light revenue.
News
SoFi raises 2026 adjusted net revenue guidance to $4.75 billion to $4.85 billion after record Q2
SoFi reported second-quarter 2026 GAAP net revenue of $1.22 billion, up 43%, and net income of $156.6 million.
Guidance
SoFi signs Loan Platform Business agreements worth over $3.6 billion with a global bank, an insurer and an asset manager
SoFi announced new Loan Platform Business agreements totaling over $3.6 billion of expected personal loan volume.
Deal