Tuesday, November 17, 2015

Earnest Finds $275M For Student Loan Refinancing

San Francisco-based Earnest, which offers up variable and fixed rate student loan refinancing, said today that it has raised $275M in new financing. The funding was split between $75M in a Series B equity funding, and $200M in institutional lending. The equity funding was led by Battery Ventures, and also included Adams Street Partners and Maveron. The institutional lending came from New York Life and others. Earnest offers up student loan refinancing, personal loans, and loans for coding academy programs. More information »