Washington, DC based student loan wellness platform raised $6m in Series A financing led by Nyca Partners.
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College isn’t free yet, but Savi raises a $6m Series A to assist student loan borrowers
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Together, they decided to found Savi to bring their progressive mission orientation to helping young people around student debt. The student loan world is “fairly complicated, and while obviously I think there needs to be continued improvement on the policy side, we needed solutions for student loan borrowers right now,” Smith explained. “And so that was sort of the impetus behind Savi — to use technology to create those kind of solutions.”
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