Student debt and savings optimisation platform Candidly has raised $10.5m in a Series B funding round led by Altos Ventures.
IN BRIEF:
- Candidly is a fully configurable financial wellness platform that addresses student debt, retirement savings, and beyond.
- The Series B financing follows a year of record growth in which the company saw 10x revenue growth and a 3,600% increase of payments flowing through the Candidly platform.
- In 2022, Candidly added prominent distribution partners including Guild, Empower, Lincoln Financial Group, and Vanguard, joining existing partners including UBS and Fiserv, positioning Candidly to serve over 35m Americans.
What does this mean?
Laurel Taylor, CEO, Candidly, says: "Since creating the category, it has been the steadfast mission of Candidly to empower hard working Americans to go beyond student debt, into wellness, and ultimately wealth
