Fintech startup Savi Solutions has closed on a $6 million Series A funding round.
Founded in 2017 by student loan experts and advocates Tobin Van Ostern and Aaron Smith, Savi Solutions developed a platform that uses a proprietary tech to identify better student loan repayment and forgiveness options for borrowers. It’s based out of MakeOffices K Street.
This latest funding round was led by fintech investment firm Nyca Partners with participation from AlleyCorp, Temerity Capital, 9Yards Capital and others. The company said via its Twitter account that it plans to use the funding to accelerate growth plans. Including two previous seed rounds, Savi Solutions has raised $7.5 million in venture capital to-date, according to Crunchbase.
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