Leap Finance Secures $100 Mn Debt Facility

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SUMMARY

The debt facility will enable Leap to help more students in their pursuit of international education and become global citizens

HSBC will act as the company’s lending partner in the structured financial arrangement

Apart from Leap Finance, Leap also operates Leap Scholar, Yocket and Geebee to facilitate overseas education aspirants’ in planning their studies

Overseas education startup Leap’s student lending arm Leap Finance has secured a $100 Mn (INR 870.66 Cr) debt facility from HSBC under its ASEAN Growth…



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Leap Finance Secures $100 Mn Debt Facility


SUMMARY

The debt facility will enable Leap to help more students in their pursuit of international education and become global citizens

HSBC will act as the company’s lending partner in the structured financial arrangement

Apart from Leap Finance, Leap also operates Leap Scholar, Yocket and Geebee to facilitate overseas education aspirants’ in planning their studies

Overseas education startup Leap’s student lending arm Leap Finance has secured a $100 Mn (INR 870.66 Cr) debt facility from HSBC under its ASEAN Growth…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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