Millions of student borrowers are at risk of credit-score falls
More than nine million student-loan borrowers are set to see their credit scores drop in the first half of this year, according to...
News by FinTech Collective
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Summer raises $9m in Series B funding
New York based student loan solution raised $9m in Series B funding led by Rebalance Capital and SemperVirens.
{
“A lot of people hear ‘student loans’…they really think college students or people in their 20s. And the reality is, 50% of the people...…
CFPB says student loan servicers may be violating consumer protection laws
The CFPB has been monitoring borrowers’ experience and recently published its findings: long wait times, application processing delays,...
SavvyFi raises $4.9m in Series A funding
Nashville based college savings and student loan repayment startup raised $4.9m in Series A funding led by Aligned Partners.
{
"SavvyFi fills a critical gap in the marketplace for better tools to alleviate the burden of college savings and student loan repayment,"...…
Chipper raises $6m in Seed funding
Austin based app for student loan borrowers raised $6m in Seed funding led by Freestyle Capital.
{
As a first-gen high school and college graduate who experienced the trials of conquering student debt, I wanted to create a simple...…
Mos raises $40m in Series B funding
San Francisco based challenger bank for students raised $40m in Series B funding led by Tiger Global.
{
“Rather than being a player tangentially on the side of financial access and inclusion, they recognize that they have the unique...…
LeverEdge wants to get you and your friends a volume discount on student loans
Boston based student loans platform for volume discounts raised $2.5m in Seed funding led by NFX.
{
The number one negative feedback we got was you closed the deal on July 26, [but] I couldn’t use it because my tuition due date was...…
College isn’t free yet, but Savi raises a $6m Series A to assist student loan borrowers
Washington, DC based student loan wellness platform raised $6m in Series A financing led by Nyca Partners.
{
Together, they decided to found Savi to bring their progressive mission orientation to helping young people around student debt. The...…
Summer wants to vanquish student loans
New York based student loan advisory startup Summer has raised a $10m Series A led by QED.
{
Co-founder and CEO Will Sealy analogized Summer to how tax accountants help filers handle the complexities of doing their taxes. “We’re...…
Pillar raises $5.5 million
New York based student lending startup raised a $5.5m Series Seed led by Kleiner Perkins.
{
“The student loan industry in the US has been fundamentally unchanged for over 15 years at this point,” Bloch (co-founder & CEO)...…
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