Paytronage (acquired by Lumni)

Paytronage provided a technology platform to manage Income Share Agreements (ISAs), a model where students receive funding for education in exchange for a percentage of their future income. In 2017, it was acquired by Lumni, a global leader and pioneer in human capital financing founded in 2002. Lumni designs, structures, and manages funds that invest in education for diverse student populations, using ISAs to create a sustainable and accessible alternative to traditional student loans. The acquisition integrated Paytronage's technology to enhance Lumni's ability to manage and scale its ISA programs across the Americas.