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Payitoff Raises $8.5M In Seed Funding To Support Financial Services Industry In Preparation For Student Loan Payment Resumption

Nov 10, 2021•almost 4 years ago

Amount Raised

$8.5 Million

Round Type

seed

Description

Payitoff, the company building infrastructure to automate and optimize every aspect of debt management -- starting with student loans -- today announced the company has raised an $8.5M seed round, led by Lightspeed Venture Partners, with participation from Sound Ventures, Struck Capital and Social Leverage, as well as a number of angel investors. This new capital will help the company to meet the growing demand from financial services providers as they prepare for the resumption of student loan payments on February 1, 2022.

Company News

(1 articles)

Thu, 30 Nov 2023 08:00:00 GMT

LendKey and Payitoff Join Forces to Help Federal Student Loan Borrowers Lower Payments - Newswire.com

FundzWatch™ Score