Leap Finance is a fintech startup that offers education loans and credit cards to Indian students studying overseas.
Leap is building a global product from India with a 10X better value proposition for its users.
Leap Finance was founded in 2019 by Arnav Kumar and Vaibhav Singh. The company is headquartered in Bangalore, Karnataka, India, with an office in San Francisco, California.
Leap Finance creates modern products and services that help Indian students pursue a global career. From choosing the right university to the best financing option.
Leap enables education loans in dollars from US institutions at a relatively cheaper rate compared to borrowing from Indian banks and other financial institutions. From choosing the right university and the best financing option to lining up job interviews and introductions, Leap Finance invests heavily in your success.
Leap has helped around 20,000 students in their journey to study abroad in the past year and aims to serve 1,50,000 students in the current year. It claims to have over 5 lakh registered members with 2 lakh monthly active users on the platform.
Leap Finance is backed by Sequoia Capital, Jungle Ventures, Owl Ventures and others. The company raised $17M in Series B round on Mar 16, 2021. This brings Leap's total funding to $22.5M to date.