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Ascensus Backs Nonprofitly to Expand State Savings Programs
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Ascensus Backs Nonprofitly to Expand State Savings Programs
DRESHER, PA — Ascensus has made a strategic investment in education-savings technology provider Nonprofitly, deepening a decade-long partnership aimed at expanding state-run child savings account programs that collectively hold more than $3.5 billion in assets. Financial terms of the transaction were not disclosed. The deal strengthens Ascensus’ position in the growing market for state-sponsored savings initiatives by combining its 529 plan admi…
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