Sallie Mae Acquires Key Assets of Scholarship App Scholly
July 26, 2023
Sallie Mae acquired key assets of scholarship search app Scholly, including its scholarship administration technology and the Scholly Offers platform that connects users with partners to earn cash back. The deal was positioned as part of Sallie Mae’s mission to improve access to scholarships by making Scholly free for students and families.
- Buyers
- Sallie Mae
- Targets
- Scholly
- Industry
- Education
- Location
- Delaware, United States
- Transaction Type
- Divestiture
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