Nelnet

Nelnet provides student processing services and education-related products. Read more

206 Followers on Owler
206 Followers on Owler
206 Followers on Owler
206 Followers on Owler

Nelnet

Nelnet provides student processing services and education-related products. Read more

Jeffrey R. Noordhoek's photo - President & CEO of Nelnet

President & CEO

Jeffrey R. Noordhoek

CEO Approval Rating

92/100

Founded:

1978

Status:

PublicIndependent CompanyNYSENNI

NELNET TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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School Loans is perceived as one of Nelnet's biggest rivals. School Loans's headquarters is in , , and was founded in null. School Loans operates in the Diversified Financial Services industry. School Loans generates NaN% of Nelnet's revenue.

Navient Corp has been one of Nelnet's top competitors. Navient Corp is a Public company that was founded in 1973 in Wilmington, Delaware. Navient Corp is in the Investment Banking & Brokerage field. Compared to Nelnet, Navient Corp has 640 fewer employees.

College Ave Student Loans is Nelnet's #3 rival. College Ave Student Loans was founded in Wilmington, Delaware} in 2014. College Ave Student Loans operates in the Consumer Finance & Credit Cards industry. Compared to Nelnet, College Ave Student Loans generates $1.4B less revenue.

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Nelnet Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$1.4B

Nelnet's revenue is the ranked 2nd among it's top 10 competitors. The top 10 competitors average 509.5M. Over the last three quarters, Nelnet's revenue has grown by 29.3%. Specifically, in Q4 2020's revenue was $164M; in Q3 2020, it was $139.7M; in Q2 2020, it was $126.8M.

Nelnet Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Catholic Faith Technologies

Jan 2021

Source »
undisclosed
CFT is an online learning and formation company that provides content authoring, online learning and employee development solutions for businesses.
Tuition Management Systems

Nov 2018

Source »
undisclosed
TMS provides tuition payment plans, billing and refund management solutions for educational institutions.
Great Lakes Educational Loan Services, Inc.

Oct 2017

Source »
$150M
Great Lakes is a student loan provider and guarantor offering technology and administrative support services.
PaymentSpring

Jan 2017

Source »
undisclosed
PaymentSpring is a developer-driven payments company offering payment solutions for education, non-profits and more.
Allo Communications LLC

Nov 2015

Source »
$46.3M
Allo is a telecommunications firm that offers fiber optic service to homes and businesses for broadband, internet, television and telephone services.

These are all the companies that Nelnet has acquired. Nelnet has acquired 6 companies and its latest acquisition was Catholic Faith Technologies in Jan 2021. CFT is an online learning and formation company that provides content authoring, online learning and employee development solutions for businesses.

Nelnet Funding History

Since Nelnet was founded in 1978, it has participated in 1 round of funding. In total Nelnet has raised $168.0M. Nelnet's funding round was on Dec 2003 for a total of $168.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Dec 2003
$168M

Since Nelnet was founded in 1978, it has participated in 1 round of funding. In total Nelnet has raised $168.0M. Nelnet's funding round was on Dec 2003 for a total of $168.0M

Nelnet Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

OpsCompass develops a cloud-based platform that provides compliance analysis and operational management solutions for the retail and finance sectors.
$6.8M
Feb 13, 2020
Series A
-
Rentgrata is a SaaS based platform that offers messaging solutions for renters and residents to connect and share feedback.
$1M
Oct 15, 2019
Equity
-
Opendorse is a content marketing platform that helps athletes to create and share branded contents on social media.
$3.1M
Jun 26, 2019
Equity
-
OpsCompass develops a cloud-based platform that provides compliance analysis and operational management solutions for the retail and finance sectors.
$1.2M
Feb 28, 2019
Equity
-
Ascent360 is a customer database platform that allows marketers to create, execute and deploy marketing campaigns.
$4.1M
Nov 18, 2018
Series A
-

These are all the companies that Nelnet has invested in. Nelnet has invested 6 companies and its latest investment was Catholic Faith Technologies in Jan 2021. CFT is an online learning and formation company that provides content authoring, online learning and employee development solutions for businesses.

Nelnet News

April 9, 2021MarketScreener

Proxy Statement (PDF 476 KB)

(marketscreener.com) 121 SOUTH 13TH STREET, SUITE 100 p 402.458.2370 LINCOLN, NE 68508 www.nelnet.com... See more »
April 8, 2021Technology Decisions

Nelnet International partners with education sector leaders

Education and commerce platform provider Nelnet International has announced the launch of the Nelnet ... See more »
April 1, 2021MarketScreener

Boise Office Supports Local Game Changers Program (and Lorax Wisdom)

(marketscreener.com) The Boise office's Charitable Contributions Committee recently made a donation t... See more »
March 31, 2021MarketScreener

Recognized as a Top Workplace in Wisconsin

(marketscreener.com) Nelnet was recently named a Top Workplace in Greater Madison by the Wisconsin St... See more »
March 1, 2021Markets Insider

Nelnet and EKI-Digital Partner to Deliver Premier Digital Transformation Management Services to Government and Financial Services Industry

LINCOLN, Neb., March 1, 2021 /PRNewswire/ -- Nelnet (NYSE: NNI), a premier professional services comp... See more »
February 23, 2021MarketScreener

Madison Team Saves Co-worker's Life

(marketscreener.com) At Nelnet, we are proud to have associates willing to go out of their way to hel... See more »
February 10, 2021MarketScreener

Completes Workday Certified Integration

(marketscreener.com) LINCOLN, Neb., Feb. 10, 2021 /PRNewswire/ -- Nelnet Campus Commerce a Workday ... See more »

Nelnet Press Releases

November 5, 2020PR Newswire

Nelnet Reports Third Quarter 2020 Results

LINCOLN, Neb., Nov. 5, 2020 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $71.... See more »
April 17, 2020centralcharts

Nelnet to Announce First Quarter Results

Nelnet to Announce First Quarter Results PR Newswire LINCOLN, Neb., April 16, 2020 LINCOLN, Neb. , Ap... See more »
March 23, 2020PR Newswire

Nelnet Board of Directors Appoints New Member; Director Resigns

/PRNewswire/ -- Nelnet (NYSE: NNI) announced today that its Board of Directors appointed JoAnn M. Mar... See more »
February 1, 2020StreetInsider

Nelnet Board Approves Dividend

LINCOLN, Neb., Jan. 31, 2020 /PRNewswire/ --Nelnet, Inc. (NYSE: NNI) today announced the Nelnet Boar... See more »
November 12, 2019PR Newswire

Nelnet Re-Files Application for Industrial Bank Charter with the FDIC and the Utah Department of Financial Institutions

LINCOLN, Neb., Nov. 12, 2019 /PRNewswire/ -- Nelnet (NYSE: NNI) today announced it has re-filed its a... See more »
August 8, 2019CentralCharts

Nelnet Reports Second Quarter 2019 Results

LINCOLN, Neb., Aug. 8, 2019 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $24.... See more »
April 15, 2019streetinsider

Nelnet to Announce First Quarter Results on May 8

LINCOLN, Neb., April 15, 2019 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced it will releas... See more »

Nelnet Videos

March 31, 2020Nelnet Vimeo Channel

"WellAware - How to Get Paid" on VIMEO

Cast: Nelnet... See more »
March 25, 2020Nelnet Vimeo Channel

"Podcast with Nelnet Executives - 3/24" on VIMEO

Cast: Nelnet... See more »
March 4, 2020Nelnet Vimeo Channel

"Benefits: Your Introduction to Unitedhealthcare" on VIMEO

Cast: Nelnet... See more »
February 28, 2020Nelnet Vimeo Channel

"Nelnet Spark - No Code with Brian Ardinger" on VIMEO

Cast: Nelnet... See more »
February 20, 2020Nelnet Vimeo Channel

"IDR for Single Borrowers - Nelnet" on VIMEO

Cast: Nelnet... See more »

Social Media

Nelnet Headquarters

121 S 13th Street Suite 201

Lincoln, Nebraska68508

1-402-458-2370

Driving Directions »

Trending Companies

Nelnet Summary

ABOUT

Overview

Nelnet provides student processing services and education-related products. Nelnet was founded in 1978. Nelnet's headquarters is located in Lincoln, Nebraska, USA 68508. It has raised 168.0M in 1 round. The latest round was in Dec 2003. Nelnet's prima...

CEO

Nelnet's President & CEO, Jeffrey R. Noordhoek, currently has an approval rating of 92%. Nelnet's primary competitors are School Loans, Navient Corp & College Ave Student Loans.

Website

nelnet.com

Frequently Asked Questions about Nelnet

  1. When was Nelnet founded?

    Nelnet was founded in 1978
  2. Who is Nelnet's CEO?

    Nelnet's CEO is Jeffrey R. Noordhoek
  3. How much revenue does Nelnet generate?

    Nelnet generates $1.4B in revenue
  4. How much funding does Nelnet have?

    Nelnet has historically raised $168M in funding
  5. Where is Nelnet's headquarters?

    Nelnet's headquarters is in Lincoln Nebraska, USA
  1. How many employees does Nelnet have?

    Nelnet has 6,200 employees
  2. What sector does Nelnet operate in?

    Nelnet is in IT Services
  3. Who are Nelnet's competitors?

    Nelnet's top competitors are School Loans, Navient Corp, College Ave Student Loans
  4. Who has Nelnet invested in?

    Nelnet's has invested in companies such as OpsCompass, Rentgrata, Opendorse