PaymentSpring Announces Name Change to Nelnet Payment Services

PaymentSpring, a division of Nelnet, Inc. (NYSE: NNI) and a leader in secure payment technology for education and non-profits across the United States, has announced it has changed its name to Nelnet Payment Services. Nelnet Payment Services currently serves as the payment engine for products and services across multiple Nelnet business units. This name change will further unify the business with the Nelnet brand to create opportunities to expand into new markets and facilitate additional partnerships. Throughout...

Motive Partners Raises $473 Million for Inaugural Fund and Recruits Fundraising Veteran Robert Brown

Motive Partners today announced the final close of its inaugural fund, Motive Capital Fund I (MCFI), of more than¬†$473 million. MCFI is managed by Motive Partners and is the firm’s debut private equity fund focusing on growth and buyout opportunities¬†in financial and business services technology companies. Capital commitments came from public pension plans, sovereign wealth funds, alternative asset managers, family offices, endowments and foundations across¬†North America,¬†Europe, the¬†Middle East¬†and Australasia. The Fund has already invested in...

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