College Ave Student Loans Secures $30M in Fourth Funding

College Ave Student Loans, a Wilmington, Del.-based next-generation student loan marketplace lender, secured $30m in its fourth round of funding.

Backers included Comcast Ventures and Leading Edge Ventures.

The company intends to use the funds to expand the business.

Led by Joe DePaulo, co-founder, chairman and CEO, College Ave Student Loans is a fintech lender focusing on the in-school student loan market. The company leverages its technology and industry expertise to connect families who need to cover education costs with lenders who can provide that funding.
College Ave delivers personalized funding options to students at more than 2,500 campuses nationwide.



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