About Nelnet
Nelnet is a company based in Lincoln (United States). It operates as a Professional Services, and Subscription Services. Nelnet has completed 7 acquisitions, including ALLO Communications, CUnet and My Great Lakes. Nelnet offers products and services including Student Loan Servicing, Consumer Finance Services, Telecommunications Services, and Education Services.
- Headquarter Lincoln, United States
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Sectors
Financial ServicesTelecommunications Education
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Phone
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Website
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- Legal Name Nelnet, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
ALLO Communications
& 6 more
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Products & Services of Nelnet
Nelnet offers a comprehensive portfolio of products and services, including Student Loan Servicing, Consumer Finance Services, Telecommunications Services, and Education Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Student loans are serviced for federal programs.
Consumer finance solutions are provided to clients.
Telecommunications support is offered to various clients.
Educational services are provided for K-12 levels.
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Funding Insights of Nelnet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Nelnet
Nelnet has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include ALLO Communications, CUnet and My Great Lakes. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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A PCI-compliant payment gateway API for developers is provided.
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2012 | ||||
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Fiber internet, TV, and phone services are provided in Nebraska.
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2003 | ||||
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Dewatering, groundwater, and ground remediation systems are supplied.
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Nelnet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nelnet Comparisons
Competitors of Nelnet
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Nelnet
Where is Nelnet located?
Nelnet is headquartered in Lincoln, United States. It is registered at Lincoln, Nebraska, United States.
What does Nelnet do?
Nelnet is involved in student loan servicing for federal and commercial loans, primarily under the Federal Direct Loan Program and Federal Family Education Loan Program. Operations are extended into consumer finance, telecommunications, and educational services for K-12 and higher education sectors. Based in Lincoln, Nebraska, support is provided through various global offices to serve communities and enable customer aspirations.
What products or services does Nelnet offer?
Nelnet offers Student Loan Servicing, Consumer Finance Services, Telecommunications Services, and Education Services.
How many acquisitions has Nelnet made?
Nelnet has made 7 acquisitions, including ALLO Communications, CUnet, and My Great Lakes.
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