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Credible Closes $10M Series A Round to Grow Student Financing Services

CREDIBLE has just closed a $10 million Series A funding round. Based in San Francisco, Credible offers a platform where students can compare loan offers from different providers and finance or refinance those loans. Soul Htite, founder & CEO of Dianrong.com and co-founder of LendingClub, led the round. Ron Suber, President of Prosper, and online lending entrepreneur Scott Langmack also participated. The company claims to have helped nearly 73,000 people with their loans and boasts average savings of $11,668 for each person refinancing student loans.

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