Leap Finance

Leap Finance

An ed-tech company that develops a guidance and financing platform for aspiring overseas students.

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$100m

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Leap Finance is a specialized financial services company that focuses on providing education loans to Indian students who wish to pursue higher education abroad. The company primarily serves students aiming for postgraduate degrees, such as a Master of Science (MS), in various international universities. Leap Finance operates in the education finance market, which is a niche segment within the broader financial services industry.

The business model of Leap Finance revolves around offering low-interest rate loans that often require collateral, which means students need to pledge an asset as security for the loan. The company simplifies the loan application process into three easy steps, making it accessible and straightforward for students. Additionally, Leap Finance provides value-added services such as helping students open U.S. bank accounts, which can be a cumbersome process for international students. This service includes features like ATM withdrawals, low forex charges, and a user-friendly banking app.

Leap Finance makes money primarily through the interest charged on the loans it provides. By offering competitive interest rates and collateral options, the company attracts a significant number of students who need financial assistance to study abroad. The streamlined process and additional banking services also add to the company's appeal, making it a comprehensive solution for students' financial needs.

In summary, Leap Finance is a one-stop destination for Indian students seeking to fund their overseas education through low-interest, collateral-backed loans. The company not only simplifies the loan process but also offers additional banking services to ease the transition for students studying abroad.

Keywords: education loans, Indian students, study abroad, low-interest rates, collateral loans, postgraduate studies, financial services, U.S. bank accounts, forex charges, user-friendly app.

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