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Just Started | Leap Finance (August 2019)
OutlookIndia
Follow
7/25/2023
By sanctioning education loans in minutes, Leap Finance, a Bengaluru-based company is helping young graduates ‘Leap’ into the future.
https://www.outlookbusiness.com/enter...
#JustStarted #LeapFinance #Business #OutlookBusiness #OutlookMagazine #OutlookGroup
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News
Transcript
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00:00
[Music]
00:08
You studied hard, got the grades and the RECO letters and finally you got the much coveted
00:13
offer letter from an international university in hand. But the high tuition fees and difficulties
00:19
in getting loans could still end up putting a wrench in your dreams. Here is where Deep Finance
00:24
is hoping to come in by providing loans at a lower rate of interest without any collateral.
00:30
Founders Arnab Kumar and Vaibhav Singh started Leap Finance in August 2019. Till date the company
00:37
has received 400 million rupees in funding with an average loan size of 65,000 dollars. They have
00:43
already given out loans worth 2.3 billion rupees and are expecting a revenue of rupees 1 billion
00:48
in FY21. Apart from loans they also help students get a US bank credit card. Bring it on I say!
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