$SoFi Technologies Inc.(SOFI)$
Yes. It means SoFi is going to "pay off" $4B of "debt" next year. This will vastly improve their valuation multiples. Let me explain:
SoFi's debt includes about $4B in warehouse facilities. These are lines of credit they have from other banks that they use to fund loans. It's one of the three funding sources they use for their loans, which are warehouse facilities, deposits, and their own capital.
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