Diversified company brings decades of experience serving students, families, and educational and financial institutions through innovative and dependable financial solutions.

Lincoln, Neb. (March 10, 2026) – The American Fintech Council (AFC), the largest industry association representing responsible fintech companies and innovative banks, today announced that Nelnet has joined as its newest member.

For more than 45 years, Nelnet has worked to make educational and financial journeys easier for millions of students, families, schools, lenders, and partners. In addition to its role supporting students and families directly, Nelnet has long served the broader financial ecosystem by providing reliable loan servicing, backup servicing, and a wide range of solutions for fintechs, banks, and other lenders. Nelnet has also partnered with financial institutions through loan and asset acquisitions that help support responsible growth and long-term stability.

By joining AFC, Nelnet connects with a broad coalition of organizations dedicated to responsible lending, practical innovation, and expanding opportunity across financial services.

“Nelnet has a long history of serving students and families and helping them navigate important financial decisions with clarity and confidence,” said Phil Goldfeder, CEO of the American Fintech Council. “Their commitment to transparent products and loan servicing, customer-focused service, and strong lender partnerships makes them a strong addition to AFC’s membership. We are excited to welcome Nelnet to AFC and collaborate on delivering practical financial tools for families.”

Across its diverse businesses, Nelnet provides services and products that help people plan, finance, and manage education and other major moments in life. These offerings include private student loans, refinancing solutions, and savings products through Nelnet Bank—a digital-first bank focused on clarity, simplicity, and confidence—as well as tuition payment plans, campus commerce services, loan servicing, financial technology solutions, and asset management and investments.

“Serving others is at the heart of who we are,” said Jeff Noordhoek, CEO of Nelnet. “Nelnet’s purpose has always been to help people and organizations reach their potential, and joining AFC gives us another opportunity to support responsible financial innovation that makes financial tools simpler, clearer, and more accessible for the people we serve. We are excited to work alongside organizations that share our commitment to transparency, accessibility, and helping consumers and lenders move forward with confidence.”

A standards-based organization, the American Fintech Council is the largest and most diverse trade association representing fintech companies and innovative banks. On behalf of more than 150 member companies and partners, AFC promotes a transparent, inclusive, and customer-centric financial system by supporting responsible innovation and sound public policy. AFC members work together to foster competition in consumer finance and develop solutions that better serve underserved communities and geographies.

About Nelnet
Nelnet (NYSE: NNI) is a diversified company with primary businesses being consumer lending, loan servicing, payments, and technology—all with a large customer emphasis in the education space. Headquartered in Lincoln, Neb., Nelnet has more than 6,700 associates. Learn more about Nelnet at nelnet.com.

About Nelnet Bank
Nelnet Bank, Member FDIC, is headquartered in Draper, Utah and offers private student loans, refinancing solutions, and savings products through a modern, digital-first approach. Built to help students and families finance education and grow their savings with clarity and confidence, the bank reflects Nelnet's longstanding commitment to our communities through scholarships for low-income students, local nonprofit leadership, and community development investments. For more information, visit nelnetbank.com.

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