Student loan repayment solution Peanut Butter looks to raise up to $3m

Student loan support solution Peanut Butter is looking to raise up to $3m in its latest fundraise, FinTech Global can reveal.

The fundraise has already pulled in at least $25,000 from one investor, according to the latest US Securities and Exchange filing.

Chicago-based Peanut Butter helps businesses create, manage, and track the impact of student loan repayment plans. The platform completes employee enrolment, loan verification and coordination of payment to multiple student loan providers.

Peanut Butter helps employees escape part of their debt and pay it back quick, while also helping employers reduce staff turnover and hiring costs.

A minimum investment value to the fundraise is $25,000.

Copyright ? 2017 FinTech Global

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