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Avenify offers Income Share Agreements, or ISAs, which are a way to finance education. Unlike a loan, where you pay back a fixed balance and interest, ISAs are a promise to share a percentage of your future income.
Payments are a percentage of the person's income. If they earn less than $20,000, payments drop to $0. Payments don't start until they have a job, or six months after graduation. and payments are paused if they lose their job or go back to school.Payments are made during a fixed payback period.
ISAs are not guaranteed or FDIC insured and investors may lose some or all of the principal invested.
Timeline
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Further Resources
Title
Author
Link
Type
Date
No Further Resources data yet.
References
Company attributes
Industry
Location
B2X
Founder
AngelList URL
Pitchbook URL
Legal Name
Avenify Corporation
Accelerator
Accelerator Batch
Parent Organization
Number of Employees (Ranges)
1 – 10
Investors
Founded Date
October 2018
Email Address
hello@avenify.com
Phone Number
+12406358229
Total Funding Amount (USD)
1
Latest Funding Round Date
October 2019
Also Known As
TallyUp Technologies
Wellfound ID
Country
Other attributes
Company Operating Status
Active
Latest Funding Round Amount (USD)
1
Public/Private
Private
