Savi, a Washington-based provider of student loan and education benefits, has acquired Fiducius, an education benefits provider for employees, in a deal the company said will broaden its nationwide reach across employers and channel partners. The transaction marks Savi’s first acquisition as it looks to expand distribution and offer a wider set of education-related workplace benefits.
The acquisition lands as federal student loan policy and administration continue to shift, adding complexity for borrowers and for employers trying to support employees navigating repayment and forgiveness programs. Savi said combining with Fiducius will increase the range of services available to clients and add support capacity as more employers adopt education benefits as part of total rewards.
Fiducius, founded in 2011, focuses on employee education benefits, including student loan contributions, tuition reimbursement, retirement matching, parental college planning, and banking-related benefits. The company said that as of December 2025, it managed more than $2 billion in student loan debt, with customers across sectors including education and healthcare.
Under the agreement, Fiducius employees will join Savi, and Fiducius CEO Jim Zedella will remain involved as an advisor. Martinwolf served as acquisition advisor to Fiducius. Savi, founded in 2017, said it has helped borrowers identify more than $5 billion in higher education savings through its AI-enabled platform and one-on-one expert support, working with more than 10,000 employers and membership groups.
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
“There are a lot of hoops to jump through, but with Fiducius guiding me, I had close to $100,000 in debt forgiven. They were a lifesaver.”
Lauren R., Borrower And Fiducius User, Atlanta
“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
