Bengaluru: Financepeer, a market leading exclusive education fintech company which is into school fee financing has partnered with Candor International School, a day cum boarding school in Bangalore, to offer school fee payment in zero cost EMI. This unique financing model by Financepeer is an enabler for schools to receive 100% fee at the beginning of the academic session and facilitates a no cost and zero interest EMI for parents, who additionally stand to receive insurance benefits. Candor, recently ranked No. 1 International School in India for Academic Reputation in Education Today’s India School Merit Awards and recognized as a Forbes Great Indian School, is pleased to offer the Financepeer flexibility to its students and parents.
The collaboration between the lending platform and the school will make IB and IGCSE education accessible to maximum students in Bangalore and will also ease the fee payment for their parents. Financepeer, founded by Ex-DBS Singapore, IIT-B and Stanford alumnus Rohit Gajbhiye, will finance the fee of the students at zero cost and zero interest EMIs.
The Fintech platform envisages making education accessible to the masses and looks forward to spearheading a revolutionary impact for millions of people. The company aims to make quality education accessible to the masses.
Opened in August 2011, Candor International School is consistently recognized as the best international school in Bengaluru and offers IB, IGCSE, IBDP, and AS – A Level courses to its students.
Speaking about the collaboration, Rohit Gajbhiye, Founder, Financepeer, said: “It is extremely satisfying that Financepeer has taken a big stride towards achieving its dream. Since we started, we have always looked forward to ensuring that quality education is accessible to all. With Candor, we will make sure that maximum students and their parents get the benefit of our initiative that too at zero interest and no extra cost. It will not only benefit the students but will also help the school extend its services to a larger student base.”
Talking about the tie up, Dr. Suresh Reddy, Founder – Chairperson of Candor International School, said “Financepeer is doing a remarkable job in the field of education. We are excited to partner with Financepeer to introduce a flexible mode of fee payment for the parents. This will benefit those who are looking for alternative fee arrangements and additional benefits when enrolling their children in our school.”
The association with Candor International School takes the tally of the company to 513 schools and its reach to over 3.6 lakhs students. The company has also expanded to 37 cities in India and plans to reach 100 cities by the end of 2020.