writes copy 05 Oct 2017

Online lender Earnest sells to Navient in a disappointing deal for investors

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 Earnest, a well-funded fintech startup with bold ambitions to create a modern financial institution, is selling to the student-loan company Navient for $155 million in cash. The WSJ was first to report the news. The exit isn’t so great for Earnest’s investors. They’d plugged roughly $320 million in cash and debt into the company, which was initially centered around… Read More

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