09:53 AM EST, 01/16/2025 (MT Newswires) -- SoFi Technologies ( SOFI ) said Thursday it closed a $525 million personal loan securitization agreement with PGIM Fixed Income in Q4.

The deal followed a $350 million investment from PGIM in May of last year, the company said.

SoFi said it sold or securitized $3.9 billion in personal loan collateral through the end of Q3 2024.

Shares of SoFi Technologies ( SOFI ) were 3% higher in recent trading.

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