"Summer's Student Debt Tools Receive $6M Series A Extension"
Fintech startup Summer has raised $6m in an extension to its Series A funding round, bringing the total to $16m. The company provides a 360-degree view of borrowers' student loan situations and offers options for repayment. Summer works with financial institutions, employers and other organisations to help employees plan for college, reduce student loan debt and optimise retirement savings through employer matches. The new funding will enable Summer to roll out new products and services and hire a chief revenue officer.