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

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

11/10/21, 2:00 PM
Money raised
$8.5 million
Round Type
seed
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 Info

Company
Payitoff
Additional Info
Our technology automates every aspect of student loan management for fintechs and financial institutions