Lendorse

Lendorse is making high quality education more accessible through its financial and career ecosystem for highly skilled migrants.

The social impact Fintech provides education financing specifically for students who come from developing countries.

Using a proprietary, data-driven underwriting model, Lendorse selects talented, credit-worthy students without using credit scores, collateral or co-signers. Increased access to finance means increased access to education, which gives hope to a typically financially excluded €2.85bn market.

With €10m debt funds raised, Lendorse will finance the education of >1000 bright students who have always dreamed of studying in Europe, but would have never been able to afford it themselves.

Once these students graduate, Lendorse provides them with mentoring and career support to help place them in their dream job. Only once they are earning over a certain income threshold, these graduates share a portion of their income with Lendorse for a fixed period of time. We call this "Income Share Agreement".

The European Investment Fund also reimburses Lendorse up to 104% of defaulted Income Share Agreements, for up to €2m in total value.