Oracle Acquires Vocado, Aims to Streamline Financial Aid for Borrowers

▤ Summary

Citing reasons for the acquisition in the press release, Vocado claimed that students are plagued by a lack of transparency when it comes to financial aid.To help combat that issue, Oracle will use Vocado’s platform to work with thousands of financial aid sources and optimize funding solutions for all types of higher education.It aims to improve the financial aid experience through its real-time student finance management and data analytics platform.In short, the platform is meant to help students understand eligibility requirements and obtain financing.Vocado’s products and services will continue to be available, and Oracle will work to enhance the platform in order to improve the experience.

▦ Linked Companies

Oracle

$1B+