Nelnet

Nelnet Bank Launches K-12 High-Yield Savings Accounts: Empowering Schools with Financial Growth

Retrieved on: 
Tuesday, February 6, 2024
Partnership, Education, School, Growth, FACTS, Nelnet, Savings account, FDIC, Bank

"At Nelnet Bank, we understand the importance of financial stability in education," stated Julie Buchholz, chief operations officer at Nelnet Bank.

Key Points: 
  • "At Nelnet Bank, we understand the importance of financial stability in education," stated Julie Buchholz, chief operations officer at Nelnet Bank.
  • This product demonstrates our dedication to providing schools with a trusted financial partner and a pathway to sustainable growth."
  • "We are excited to announce our partnership with Nelnet Bank to introduce the K–12 High-Yield Savings Account," said Scott Spethman, president of FACTS.
  • These high-yield savings accounts are designed to prioritize a school's savings without burdening them with additional costs.

BetterYou Announces $6M Series A Funding Round to Accelerate AI-Based Wellness Mission

Retrieved on: 
Wednesday, December 6, 2023
General Health, Mental Health, Health, Apps, Applications, Technology, Sleep, Series A round, Socialization, Student, Nelnet, Michigan State University, Multimedia, Marketing, Meta, Stanford University, University, Amway, Growth, H&R Block, Cleveland State University, Behavior informatics, Habit, Online shopping

BetterYou , an AI-based “healthy habits companion” startup, announces today a $6 million Series A raise.

Key Points: 
  • BetterYou , an AI-based “healthy habits companion” startup, announces today a $6 million Series A raise.
  • The round is led by Capital Midwest with additional funding from Mairs & Power, Great North Ventures, North Coast Ventures, and NelNet.
  • BetterYou will use the funds to accelerate growth in key areas of its business including additional sales, marketing, and software hires, and continue refining its mobile app user experience.
  • During a recent BetterYou steps challenge, H&R Block employees amassed 945,000 steps in just three days.

Nelnet Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 7, 2023
NNI, Risk, Security (finance), Payment, NYSE, Educational technology, Information, Loan servicing, Corporation, AGM, Cyprus Securities and Exchange Commission, GAAP, Disclosure, Consumer, Bank statement, Environment, EPC, Forecasting, Forest Law Enforcement and Governance Program, Investment, Failure, Climate change, Bank, Video game, Cryptocurrency, Beauty salon, System, Nelnet

The AGM operating segment reported net interest income of $51.5 million during the third quarter of 2023, compared with $62.9 million for the same period a year ago.

Key Points: 
  • The AGM operating segment reported net interest income of $51.5 million during the third quarter of 2023, compared with $62.9 million for the same period a year ago.
  • As of September 30, 2023, Nelnet Bank had a $468.8 million loan portfolio and total deposits, including intercompany deposits, of $947.4 million.
  • Nelnet Bank recognized net income after tax for the quarter ended September 30, 2023 of $1.7 million, compared with $0.8 million for the same period in 2022.
  • The dividend will be paid on December 15, 2023, to shareholders of record at the close of business on December 1, 2023.

CD2 Learning Wins Top 15 All-Purpose Learning Systems Award for 2023

Retrieved on: 
Tuesday, October 17, 2023
Learning, Education, Nelnet, Integrated learning systems, Organization, Research, Leh, SCORM, CD2, Tutoring, Management

LINCOLN, Neb., Oct. 17, 2023 /PRNewswire/ -- CD2 Learning , a Nelnet company and learning management platform and content management provider, was honored to be named in Talented Learning's Top 15 All-Purpose Learning Systems .

Key Points: 
  • LINCOLN, Neb., Oct. 17, 2023 /PRNewswire/ -- CD2 Learning , a Nelnet company and learning management platform and content management provider, was honored to be named in Talented Learning's Top 15 All-Purpose Learning Systems .
  • Last year, CD2 Learning was listed in the Top 20 All-Purpose Learning System by Talented Learning.
  • "We are honored to celebrate this achievement with our customers and team," said Scott Spethman, president of CD2 Learning.
  • Working with organizations of all sizes, CD2 provides a learning management system platform and content creation services that help gamify personalized learning.

ProofID acquires Texas-based Regatta Solutions Group to broaden its identity security capabilities.

Retrieved on: 
Tuesday, September 26, 2023
The United Force, Partnership, Love's, Identity, Oregon Bridge Delivery Partners, Identity Governance Framework, MSP, Organization, Access management, Administration, Ping Identity, Tesco Bank, IGA, Nelnet, Acquisition, IAM, Knowledge, Growth, Cryptocurrency, Management, Online shopping, Boat racing

MANCHESTER, England, Sept. 26, 2023 /PRNewswire/ -- Identity and Access Management (IAM) specialist ProofID has today announced that it has acquired Identity Governance and Administration (IGA) integrator, Regatta Solutions Group .

Key Points: 
  • MANCHESTER, England, Sept. 26, 2023 /PRNewswire/ -- Identity and Access Management (IAM) specialist ProofID has today announced that it has acquired Identity Governance and Administration (IGA) integrator, Regatta Solutions Group .
  • The acquisition unites the competencies of both organizations as leading integrators of Ping Identity and SailPoint solutions respectively - whilst positioning the company as a provider of enterprise identity solutions and global identity managed services.
  • For customers of both companies, it provides an opportunity to work with one partner to manage Ping Identity and SailPoint solutions.
  • Following the acquisition of Regatta, ProofID will count Williams and Love's, Avis, Tesco Bank, Nelnet and Paymentus among its customers.

ProofID acquires Texas-based Regatta Solutions Group to broaden its identity security capabilities.

Retrieved on: 
Tuesday, September 26, 2023
The United Force, Partnership, Love's, Identity, Oregon Bridge Delivery Partners, Identity Governance Framework, MSP, Access management, Administration, Ping Identity, Tesco Bank, IGA, Nelnet, Acquisition, IAM, Knowledge, Growth, Cryptocurrency, Tourism, Management, Boat racing

MANCHESTER, England, Sept. 26, 2023 /PRNewswire/ -- Identity and Access Management (IAM) specialist ProofID has today announced that it has acquired Identity Governance and Administration (IGA) integrator, Regatta Solutions Group .

Key Points: 
  • MANCHESTER, England, Sept. 26, 2023 /PRNewswire/ -- Identity and Access Management (IAM) specialist ProofID has today announced that it has acquired Identity Governance and Administration (IGA) integrator, Regatta Solutions Group .
  • The acquisition unites the competencies of both organisations as leading integrators of Ping Identity and SailPoint solutions respectively - whilst positioning the company as a provider of enterprise identity solutions and global identity managed services.
  • For customers of both companies, it provides an opportunity to work with one partner to manage Ping Identity and SailPoint solutions.
  • Following the acquisition of Regatta, ProofID will count Williams and Love's, Avis, Tesco Bank, Nelnet and Paymentus among its customers.

GRNE Solar Rebrands as Nelnet Renewable Energy

Retrieved on: 
Tuesday, August 8, 2023
Heart, Maintenance, Partnership, NNI, EPC, Nelnet, Engineering, Growth, NYSE, Renewable energy

LINCOLN, Neb., Aug. 8, 2023 /PRNewswire/ -- GRNE Solar, a premier solar engineering, procurement and construction (EPC) firm, announced today it has transitioned to the Nelnet Renewable Energy brand.

Key Points: 
  • LINCOLN, Neb., Aug. 8, 2023 /PRNewswire/ -- GRNE Solar, a premier solar engineering, procurement and construction (EPC) firm, announced today it has transitioned to the Nelnet Renewable Energy brand.
  • Since 2012, GRNE Solar has installed commercial and residential solar energy solutions and utility-scale solar systems across 13 states.
  • "Our partnership with GRNE Solar aligned our complementary solutions with shared values and a focus on innovation and serving our customers," said Nelnet Renewable Energy President Scott Gubbels.
  • In addition to offering expert residential , commercial and small utility-scale installation services and greenfield development, Nelnet Renewable Energy, as part of Nelnet, Inc. (NYSE: NNI), is a leading solar tax equity investor .

Nelnet Awarded GSA Schedule to Expand Support for Government Agencies

Retrieved on: 
Wednesday, July 26, 2023
General Services Administration, Federal student loan consolidation, NNI, GSA, Bangladesh Administrative Service, MAS, Government, Public sector, Economy of the Federated States of Micronesia, NYSE, Education, Nelnet

As part of its strategic expansion efforts, Nelnet has secured a GSA Schedule with the General Services Administration (GSA), enabling the company to offer innovative solutions and expert team members to government agencies at fair and reasonable prices.

Key Points: 
  • As part of its strategic expansion efforts, Nelnet has secured a GSA Schedule with the General Services Administration (GSA), enabling the company to offer innovative solutions and expert team members to government agencies at fair and reasonable prices.
  • With decades of experience and a strong reputation for excellence, Nelnet is well-positioned to provide trusted and compliant support to federal, state, and local agencies.
  • Through its GSA Schedule, Nelnet aims to streamline processes, enhance government efficiency, and ensure the prompt delivery of services to help agencies achieve their goals more effectively.
  • "The GSA Schedule represents a significant milestone in Nelnet's growth strategy to serve better the needs of Federal, State, and Local Public Agencies," said Peter Sanderson, managing director and chief revenue officer of Nelnet Government Services .

CD2 Learning and iorad Partner to Deliver eLearning and Training Solutions

Retrieved on: 
Thursday, July 13, 2023
Organization, Learning, CD2, Partnership, Nelnet, LMS, Science and technology in Asia, Tutoring

This collaboration brings together CD2 Learning's robust learning management system (LMS) and iorad's innovative tutorial building platform to deliver engaging eLearning solutions for organizations worldwide.

Key Points: 
  • This collaboration brings together CD2 Learning's robust learning management system (LMS) and iorad's innovative tutorial building platform to deliver engaging eLearning solutions for organizations worldwide.
  • CD2 Learning offers a comprehensive learning management system that empowers businesses to create, manage and deliver engaging training content.
  • "We are thrilled to partner with iorad to redefine the way organizations approach digital learning and training," said Jay Breeden, president of CD2 Learning.
  • "We are excited to join forces with CD2 Learning to transform the digital learning landscape," said Sean Adams, head of partnerships at iorad.

CleanCapital closes Tax Equity Transaction with Nelnet, Inc.

Retrieved on: 
Monday, June 26, 2023
NNI, Nelnet, Partnership, General counsel, NYSE, Capital market, Renewable energy, Security (finance)

NEW YORK, June 26, 2023 /PRNewswire-PRWeb/ -- CleanCapital, a diversified clean energy company based in the U.S. and focused on middle-market solar and storage, today announced it has closed its second tax equity partnership with Nelnet, Inc (NYSE: NNI). This new partnership covers five solar projects in Alaska, Maine, and New York totaling 36 megawatts. This is the second partnership with Nelnet, following the original tax equity investment with CleanCapital announced in February 2022 regarding a portfolio of new construction solar assets in Howard County, Maryland.

Key Points: 
  • NEW YORK, June 26, 2023 /PRNewswire-PRWeb/ -- CleanCapital , a diversified clean energy company based in the U.S. and focused on middle-market solar and storage, today announced it has closed its second tax equity partnership with Nelnet, Inc (NYSE: NNI).
  • This is the second partnership with Nelnet, following the original tax equity investment with CleanCapital announced in February 2022 regarding a portfolio of new construction solar assets in Howard County, Maryland.
  • "This tax equity investment will fund construction and enhance investor returns on an attractive set of solar assets in CleanCapital's diverse portfolio."
  • "We are pleased to announce this tax equity investment and the expansion of our partnership with Nelnet," said Winston Chen, Senior Director, Capital Markets at CleanCapital.