Marketplace Lender SoFi Earns AAA DBRS Rating; Prices $417.6M Securitization of Refinanced Student Loans

SoFi, a marketplace lender, announced it has priced a securitization of $417.6 million in refinanced student loans. It also announced SoFi was considered the first fintech company to receive an “AAA” rating from DBRS and an “AA2” from Moody’s for the senior notes, which equaled $387.3 million. Nino Fanlo, SoFi CFO/COO,… Read More
Read more in: General News, Investment Platforms and Marketplaces | Tagged aaa, dbrs, fintech, marketplace lending, nino fanlo, securitization, sofi, student loans