Savi, a provider of student loan and education benefits, has acquired Fiducius, an education benefits platform focused on employee support, in Savi’s first acquisition as it looks to broaden its nationwide employer and channel partner footprint. Financial terms were not disclosed. Savi said the deal expands its ability to reach more employees and deliver education benefits that support workers through multiple stages of their education and repayment journeys.
Savi positioned the acquisition as timely amid ongoing changes at the U.S. Department of Education, which it said have created confusion and added financial strain for student loan borrowers. The company said that bringing Fiducius onto the platform will help it advance its mission to simplify an increasingly complex college financing and student loan policy environment for both employers and employees.
The companies said the combination will expand the range of services available to clients and users and add customer support capacity. Both Savi and Fiducius emphasized their histories of guiding borrowers through the federal student loan system to identify repayment and forgiveness options. Fiducius, founded in 2011, provides employer-sponsored benefits including student loan contributions, tuition reimbursement, retirement matching, parental college planning, and banking benefits. As of December 2025, Fiducius reported managing more than $2 billion in student loan debt.
Savi said it operates an AI-enabled platform paired with one-on-one expert support to help borrowers save on student loans and explore education opportunities. The company said that since 2017 it has helped borrowers find more than $5 billion in higher education savings across more than 10,000 employers and membership groups, naming partners including AARP, MetLife, NEA, and TIAA. Savi is a public benefit company founded by Aaron Smith and Tobin Van Ostern and backed by investors including Nyca Partners and Emerson Collective.
Under the deal, Fiducius CEO Jim Zedella will continue as an advisor to Savi, and Fiducius employees will join the combined organization. martinwolf served as acquisition advisor to Fiducius.
KEY QUOTES
“In the past few years, we have seen various policy changes to the college financing landscape, making it increasingly difficult for employers and employees to navigate. With the Fiducius team onboard, we’re confident we’ll be able to provide great education benefits to even more employers.”
Aaron Smith, Co-Founder, Savi
“We’ve been fortunate to get to know the Fiducius team through our mutual work in employer benefits, and always thought they would be a great fit to join forces with. For more than a decade, the Fiducius team has done an incredible job not only building trust with employees and clients, but also building a platform that has helped borrowers navigate financial decisions at different stages of their education journey. We are excited about the opportunity to grow together.”
Tobin Van Ostern, Co-Founder, Savi
“We’ve always admired Savi for the value it brings to its partners and clients. Likewise, the Savi team brings a passion like no other to solving the student loan debt crisis while advancing higher education. The union of our organizations is so compelling for our team, partners, and valued clients. We’re beyond thrilled to be part of the Savi team to assist in driving its future growth.”
Jim Zedella, Chief Executive Officer, Fiducius
