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Announced

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Thrivent completed the investment in College Ave Student Loans.

Synopsis

Thrivent, a not-for-profit financial services organization, completed the investment in College Ave Student Loans, a fintech private student loan lender. Financial terms were not disclosed. The transformational investment emphasizes College Ave as a major player in private student loan lending. It also powers College Ave to explore faster growth and new expansion opportunities, while maintaining its promise to deliver best-in-class products for students and families.

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