Peer-to-peer Loan company CommonBond set up student loan platform

Source: Internet
Author: User
Keywords CommonBond
Tags company data different financing higher education internet + peer-to-peer lending platform

Absrtact: CommonBond, a peer-to-peer lending firm, is a bit different from other lenders, commonbond the student-funded platform for student loans, and recently CommonBond again to invest in the nelnet of U.S. educational payers. Meanwhile, Nelnet will also give com

CommonBond, a peer-to-peer lending firm, is a bit different from other lenders, commonbond a student-funded platform for students, and recently CommonBond again to invest in the nelnet of U.S. educational payers. Meanwhile, Nelnet will inject more than 150 million loans into the CommonBond platform.

CommonBond is a financing platform for higher education, which is located in student loans. Two years ago, 36 Krypton reported that CommonBond received 3.5 million of the angel round of financing, in September 2013, Ommonbond raised 100 million U.S. dollars in financing, the round of financing also includes _ equity financing and debt financing _, where the bond financing to the student loans pool.

Founded in 1978, Nelnet is the largest traditional educational institution in the United States, and Nelnet and its subsidiaries provide education programs, tuition payment plans, admissions services, higher education planning tools and student loan client services. In 2007, Nelnet held more than 25 billion dollars in student loans, equivalent to One-third of the federal subsidized student loans that the United States paid to students.

According to Forbes, CommonBond did not disclose the exact amount of nelnet investment, but Nelnet said the CommonBond had been invested because it was bullish on the market and CommonBond had previously been from Citigroup CEO Vikram Pandit, Investors such as VC social + capital have raised more than 100 million dollars.

The recent case of the traditional industry to invest in Internet peer-to-peer companies is not uncommon, in the domestic Peer-to-peer company at any time to obtain China's traditional cable industry smart energy 10 million U.S. dollars strategic investment and data resource replacement. "Traditional industries have a lot of data, and this data is valuable for peer-to-peer lending companies to develop and control financial risk," Wang Zheng, the CEO, said at any time. ”

Believe that CommonBond is no exception, the traditional education institutions nelnet over the years to accumulate user survey and user data for CommonBond think that will bring considerable value. But CommonBond did not mention whether Nelnet] would provide data support for CommonBond.

I believe that in 2015 will see more traditional industries and Internet peer-to-peer Company cooperation.

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