Lantern is a service provided by SoFi Bank, N.A. and operated by its affiliate, SoFi Lending Corp. It functions as an online marketplace that allows consumers to search for and compare pre-qualified rates from a network of lenders for various financial products. The platform is designed to simplify the process of finding financial solutions by providing a single point of comparison for personal loans, student loan refinancing, and credit cards, without impacting the user's credit score for the initial rate check. Lantern itself is not a lender but a financial comparison tool that generates leads for its lending partners.

Founded in

United States