StudentFinance closes a round of financing of more than one million euros

The Spanish fintech StudentFinance, has closed an investment round of 1,150,000 euros, to consolidate in our country, the educational financing system based on the “Shared Income Agreement”. The company will use this capital to build a technological data infrastructure that provides its partner schools with a platform to offer this new financing model. Which, according to its spokesmen, will allow them to support more than 500 students in 2020.

StudentFinance wants to reduce, thanks to this type of financing, the digital talent gap that exists in the Spanish labor market. In fact, according to the company, there are more than 700,000 unfilled job vacancies of this type in Europe, which is why they consider it essential to promote education in technological skills, such as software engineers, data analysts or cybersecurity experts.

The round has been led by the European venture capital fund, Seedcamp, which has invested in Revolut and TransferWise, two of the most important international fintech, and the Mustard Seed Maze fund, focused on companies with a high social impact component . Likewise, well-known European entrepreneurs have participated, such as the founder and CEO of Farfetch, José Neves; the founder and CEO of Trivago, Rolf Schrömgenst; the founder and CEO of Feedzai, Nuno Sebastiao…