AfriCred Unveils Groundbreaking Student Loan and Tuition Payment Platform for Africa

Lagos-based fintech company, AfriCred, is revolutionizing access to credit for students and guardians in Africa and around the world. The rapidly growing company, with offices in Kenya, the UAE, and Spain, is collaborating with leading financial institutions to offer short and long-term loans, instant tuition fee payment, and living expenses travel credit cards. This initiative empowers students to take control of their higher education finances.

AfriCred has streamlined the loan process by providing a wide selection of leading global and Africa-based lenders at competitive rates, coupled with best-in-class customer support. The company has established exclusive partnerships with over 35 global universities across the USA, Canada, Malta, and the European Union to offer an on-click tuition fee payment experience.

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Chris Velasco of Edison College, Canada, expressed excitement about the partnership with AfriCred. He said, “We are super excited to partner with AfriCred to help our students in Nigeria and Kenya access higher education financing and fee payment and very happy with the feedback of the students – We look to strengthen the exclusive partnership.”

Siddharth, CEO of AfriCred, emphasized the company’s mission to empower students by offering them convenient and affordable access to credit. He said, “We aim to ensure that no deserving student faces financial constraints for local or global university admissions.”

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The firm is also partnering with various study-abroad businesses and higher education consultants, supporting existing organizations to better serve their students. Jerry Opara, Senior Manager at AfriCred, highlighted this collaborative approach.

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Dr. Piyush Jain, Director at ProU Education, pointed out the fundamental issues with credit in education, especially when crossing borders. He said, “We can finally support our study abroad aspirants with an entire financial suite of solutions from loans and proof of funds to remittance and travel cards.”