VENDOR · US
SoFi acquires lending technology platform Peach
SoFi completed acquisition of Peach, a lending tech vendor focused on underwriting automation and decision-making. Second acquisition by SoFi in weeks; financial terms undisclosed.
WHY IT MATTERS
Consolidation of lending tech vendors accelerating. Suggests SoFi building integrated AI-native lending stack to compete with banks' in-house AI capabilities.
Source: Finextra · 2026-05-22