StudentFinance secured EUR 1.15M in a financing round led by Seedcamp
StudentFinance, a Madrid, Spain-based startup working on a student recruitment platform based on ISA (income share agreement), announced the completion a funding round totalling EUR 1.15M ($1.3M).
StudentFinance, founded in 2019 by Mariano Kostelec, Marta Palmeiro, Sergio Pereia and Miguel Santo, partners with providers of ‘in-demand’ skills, in order to finance their students with Income Share Agreements. ISAs offer a model through which students don’t pay anything upfront, but a percentage of their income after landing a job with a salary level over a certain amount. This ISA model is disrupting current education financing models, offering students an alternative to traditional debt.