About Sallie Mae
Sallie Mae is a company based in Newark (United States) founded in 1972.. The company has 1,710 employees as of December 31, 2024. Sallie Mae has completed 2 acquisitions, including Sallie and Upromise. Sallie Mae offers products and services including Private Student Loans, High-Yield Savings Account, Money Market Account, and Certificates of Deposit. Sallie Mae operates in a competitive market with competitors including Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others.
- Headquarter Newark, United States
- Employees 1710 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Slm Corporation
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Annual Revenue
$3.11 B2.68as on Dec 31, 2025
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Net Profit
$744.85 M22.44as on Dec 31, 2025
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EBITDA
$1.53 B3.4as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
1710
as on Dec 31, 2024
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Investments & Acquisitions
Sallie
& 1 more
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IPO & Listings of Sallie Mae
Sallie Mae is a publicly listed company on the NASDAQ with ticker symbol SLM in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Sallie Mae
Sallie Mae offers a comprehensive portfolio of products and services, including Private Student Loans, High-Yield Savings Account, Money Market Account, and Certificates of Deposit. 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.
Loans for undergraduate, graduate, and career training to cover education costs.
Account offering higher interest rates with no fees for money growth.
Account with higher interest and no monthly fees for savings.
Fixed-term deposits earning guaranteed interest rates.
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Leadership Team
103 people
Software Development Team
99 people
Finance and Accounting
32 people
Legal and Compliance
22 people
Senior Team
18 people
Human Resources and Administration
16 people
Data Analysis and Operations Team
13 people
Product Management Team
11 people
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Funding Insights of Sallie Mae
| 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 Sallie Mae
Sallie Mae has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Sallie and Upromise. 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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Education consulting services are provided by Nitro since 2016.
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2016 | ||||
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Cashback rewards for college savings are earned via Upromise platform.
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2000 |
| 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 - Sallie Mae
| 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 |
Sallie Mae Comparisons
Competitors of Sallie Mae
Sallie Mae operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Wealth advisory and banking services are offered to clients.
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| domain | founded_year | HQ Location |
Commercial bank
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Commercial banking services are provided to businesses and individuals.
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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Commercial bank
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| domain | founded_year | HQ Location |
Commercial banking and wealth management services are offered globally.
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| 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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On-demand services are booked through an app-based platform.
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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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Latest news on Sallie Mae
Frequently Asked Questions about Sallie Mae
When was Sallie Mae founded?
Sallie Mae was founded in 1972.
Where is Sallie Mae located?
Sallie Mae is headquartered in Newark, United States. It is registered at Newark, New Jersey, United States.
How many employees does Sallie Mae have?
As of Dec 31, 2024, the latest employee count at Sallie Mae is 1,710.
What is the annual revenue of Sallie Mae?
Annual revenue of Sallie Mae is $3.11B as on Dec 31, 2025.
What does Sallie Mae do?
Sallie Mae was founded in 1972 and is headquartered in Newark, United States. Operations are conducted in the financial services sector as a commercial bank, with a focus on education-related lending and financing. Services include student loan origination and management. In 2014, annual revenues of 6.26 billion were achieved, accompanied by a net profit of 1.41 billion. The company serves customers across the United States through its online domain, salliemae.com.
Who are the top competitors of Sallie Mae?
What products or services does Sallie Mae offer?
Sallie Mae offers Private Student Loans, High-Yield Savings Account, Money Market Account, and Certificates of Deposit.
Is Sallie Mae publicly traded?
Yes, Sallie Mae is publicly traded on NASDAQ under the ticker symbol SLM.
How many acquisitions has Sallie Mae made?
What is Sallie Mae's ticker symbol?
The ticker symbol of Sallie Mae is SLM on NASDAQ.