Leap raises $5.5 million in new round led by Sequoia India

Date posted: Thursday 12 March 2020

Leap Finance, a fintech startup for Indian students pursuing international higher education, said it has raised $5.5 million led by venture capital firm Sequoia Capital India Advisors. The round also saw participation from angel investors, including Bhupinder Singh, founder of consumer lending firm InCred; and Kunal Shah, founder of credit card payment startup Cred. Presently, the startup supports more than 150 American schools, and is looking to finance 1,000 students in the upcoming fall season.

(Live Mint)