NNI News & Events

Nelnet Business Services, a division of Nelnet, announced it has acquired Australia-based Invision Digital, the owner of the Passtab, Resitab, and Entrytab brands. Passtab, a leading school visitor, contractor, and compliance management platform, and the additional brands will operate within the Nelnet International business line, expanding Nelnet's global education technology offerings. The acquisition further strengthens Nelnet International's ability to serve school communities with solutions that enhance safety, streamline front-office operations, and support increasingly complex compliance requirements. Passtab is used by thousands of schools across Australia, New Zealand, and the United Kingdom and is widely recognized for its configurable, cloud-based approach to visitor management and emergency readiness.

Reports Q4 provision for loan losses $5.7M, or $4.3M after tax, vs. $8.6M or $6.5M after tax in Q4. "Nelnet's teams knocked the ball out of the park in 2025, delivering record earnings and strengthening our foundation for long-term success," said CEO Jeff Noordhoek. "Over time, we've meaningfully diversified our revenue, with each of our core businesses - consumer lending, loan servicing, payments, and technology - reporting solid performance and building real momentum. With our continued investments in technology and in both new and existing products and services, we see opportunities ahead in 2026."