BNPL Fintech Klarna has entered into an agreement to transfer up to $26 billion of its US-based BNPL loans to Nelnet, a prominent name in the student loan servicing industry. This deal marks a shift for Klarna as it seeks to optimize its financial operations… Read More
Read more in: Fintech, Global | Tagged bnpl, klarna, loans, nelnet
Online lending platform Nelnet (NYSE: NNI) announced on Monday it is bringing a new servicing option to fintech lending platforms. According to Nelnet, that Nelnet Loan Servicing will leverage the experience, scale, and personnel of its existing servicing business with technology enhancements to meet the unique… Read More
Read more in: Fintech | Tagged nelnet, online lending
CommonBond Expands Service to Over 700 Programs Nationwide. Student loan lender CommonBond has announced a significant commitment from Nelnet(NYSE: NNI), one of the “most venerable names in student loans” to fund $150 million in loans. Nelnet has also made an equity investment in CommonBond thus… Read More
Read more in: Investment Platforms and Marketplaces | Tagged commonbond, david klein, marketplace, nelnet, p2p, peer to peer
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