We are Leap Finance!

arnav
2 min readFeb 6, 2020

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Today, we announce the launch of Leap Finance with a mission to democratize quality education. Quality education is one of the biggest catalysts for social and economic mobility, yet, every year, millions of students miss out on accessing education due to lack of funding options. We have built a new tool which simplifies the process of taking an education loan, right from making an application to disbursement of the loan, by leveraging technology and data and creating a customer focused design to provide a much simpler experience.

Our loan offering is unique in the below three ways:

Quick, free and easy application — Mobile friendly application process which can be completed in less than 15 minutes and give you quote right away.

Choose your own repayment plan — Transparent and easy to understand loan terms which allows you to choose your own repayment plan based on your financial needs.

No penalty and other hidden charges — Pay your loan before your term without any pre-payment or part-payment penalties or charges.

Planning and paying for a university abroad is a big decision for a lot of students and their families. We want to be there for these high potential students and their families after they have explored scholarships, grants and other sponsorships.

Education loans can be a bit confusing and students who end up taking a loan from most providers might have no idea what they are getting in to due to lengthy process, heaps of paperwork and vague terms. Our loans are made for students and their families to ensure they are able to apply through a quick and simple application process, understand the loan terms easily and experience a friendly customer service. We have conducted thorough research and used our own experience to modernize a category which has not evolved in the last 20 years.

Leap Finance loans have cheaper rates of interest, low processing charges, no pre-payment or part-payment fees, ever and we disburse the loans directly to your school in their currency so you do not have to bear the high transfer costs. You can also choose your own amount to pay while in school based on your budget and other financing needs.

We want to become the preferred partner for high potential students who are on the path to become financially responsible professionals.

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