4 years ago

StudentFinance Secures £3.7M to Expand ISA-Based Education Financing in the UK

  • StudentFinance, a Madrid-based fintech company, has raised £3.7 million in seed funding to expand its Income Share Agreement (ISA) platform in the UK

  • The company plans to use the funding to open a UK office, expand its team, and partner with 150 schools

  • StudentFinance's ISA model allows students to finance their education by committing a percentage of their income after graduation.

      • ProblemTechnology

      "making education more accessible and affordable for everyone, especially those who may not have the financial resources to pay for traditional tuition or student loans. The current system leaves many students burdened with debt, limiting their career options and economic mobility."

      Solution

      "StudentFinance offers a unique solution to this problem by connecting education with employment through Income Share Agreements (ISAs). ISAs allow students to pay for their education only when they are employed and earning above a certain income threshold. This innovative model eliminates the risk for students and makes education more accessible to a wider range of individuals."

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