dv01 and SoFi Strengthen Reporting Partnership with Student Loan Securitization Deal Library

14 September 2020

dv01 and SoFi Strengthen Reporting Partnership with Student Loan Securitization Deal Library


NEW YORK – 09/14/20 – dv01, the world's first end-to-end data management, reporting, and analytics platform offering loan-level transparency and actionable insight into lending markets, today announces it has added student loan securitization data to its platform from leading online lender SoFi. Through this partnership, dv01 will receive the loan-level data directly from SoFi to cleanse, standardize, and roll up for monthly level reporting. Stakeholders will then have free access to reliable data and fully integrated analytics tools to monitor the performance of SoFi’s student loan securitizations.

“Today, the nation faces a cumulative student loan debt of over $1.5 trillion, and with COVID-19 adding extra uncertainty to the ROI of higher education, investors need smart tools and actionable, transparent performance data to navigate the space effectively,” said Perry Rahbar, Founder and CEO of dv01. “SoFi has been a great partner to us since we first collaborated in 2017, and we’re excited to strengthen our footprint in the student loan space. By adding these deals to our growing data library, we’re able to provide greater transparency to participating stakeholders, as well as those investors interested in the broader market.”

Since 2017, dv01 has served as Loan Data Agent (LDA) for 16 SoFi securitization deals across student loans and consumer unsecured transactions. dv01’s LDA offering, a first of its kind, stands as a new service provider category within securitization deals, providing direct-from-issuer data to some of the world’s largest institutional structured credit investors and banks. Acting as an agent in the transaction, dv01 is responsible for ensuring data integrity throughout the entire lifecycle of the underlying collateral, as well as making data easily accessible to any necessary parties, at no additional charge, as services are paid for through the securitization waterfall.

For issuers, dv01 makes it simple to monitor performance across all transactions and operate using the same data available to investors. As part of this partnership, 31 backdated student loan securitizations issued since 2016, with a closing balance of over $19.9 billion, will be available on the dv01 platform. This will accompany the 21 SoFi Consumer Loan Program notes already available on the dv01 platform, which have over $11.6 billion in closing balance.

“Having dv01 as a trusted partner made the decision to grow our relationship with them an easy one,” said Colin Groshong, Vice President of Capital Markets at SoFi. “Making lending markets more transparent is beneficial for all involved, from our investors to the team at SoFi. Utilizing dv01’s platform allows us to provide greater data clarity to our securitization performance and showcase our track record as a quality originator.”


Peregrine Communications Hannah Beard / +1 917 970 8822

About dv01 dv01 is bringing unparalleled transparency and intelligence to every securitization for every investor. As the world's first end-to-end data analytics platform for loan-level consumer lending data, dv01 is empowering the capital markets to make safer data-driven decisions. To date, dv01 has provided securitization reporting and analytics on over $106 billion across mortgage, consumer unsecured, small business, and student loans transactions. Learn more at

About SoFi SoFi helps people achieve financial independence to realize their ambitions. Our products for borrowing, saving, spending, investing, and protecting give our more than one million members fast access to tools to get their money right. SoFi membership comes with the key essentials for getting ahead, including career advisors and connection to a thriving community of like-minded, ambitious people. SoFi is also the naming rights partner of SoFi Stadium, future home of the Los Angeles Chargers and the Los Angeles Rams. For more information, visit or download our iOS and Android apps.


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