Edly is a platform that connects students looking to fund college tuition with investors looking to support social impact investments in education. Edly focuses on a type of tuition funding known as income-based repayment loans ("IBR loans"), the only regulated student lending model of its kind in the private sector. Students benefit from a repayment process that is tailored specifically to their starting salary and adjusts with their professional progress. This unique model uses historical data about student outcomes from sources such as the Department of Education, the Bureau of Labor Statistics, private databases, and Edly's proprietary data to underwrite the likely success of student borrowers without relying on traditional credit scores or co-signers. This has enabled Edly to provide more flexible, affordable and accessible education funding for students pursuing degrees in nursing, STEM, accounting and more. Edly has funded more than 4,000 students since its launch in 2019 and is available to provide education financing to students at more than 1,500 of the leading US colleges and universities. Edly student IBR loans are unsecured personal student loans issued by FinWise Bank, a Utah chartered commercial bank, member FDIC. [i] American Nurses Association, Workforce: The Nursing Shortage [ii] NerdWallet, 8 Best Students Loans Without a Co-Signer of January 2022 and Five Star Rating SOURCE Edly, Inc.