Navient, a leading provider of asset management and business processing solutions, announced it has entered into an agreement to acquire Earnest, a leading financial technology and education finance company. Under the terms of the agreement, Navient will acquire Earnest for $155 million in cash. “Combining
Fintech startup Tuition.io announced it has raised $7 million in Series B financing, led by Wildcat Venture Partners, with participation from Mohr Davidow Ventures and MassMutual Ventures. Tuition.io's award-winning technology enables global employers to offer student loan payments as an employee benefit. It is the nation's
MissionU announced the close of $8.5 million in Series A financing. FirstMark Capital led the round, with participation from First Round Capital, University Ventures, Box Group, Rethink Education, Investor, Omidyar Network, and Learn Capital. MissionU is a college alternative that seeks to give students the skills
Edtech startup Vemo Education announced the close of $7.4 million in seed financing, led by University Ventures and NextGen Venture Partners. Route 66 Ventures, Third Kind Venture Capital, Haystack Fund, and Task Force X Capital also participated in the offering. Vemo works with higher education