Africred Launches First ever Student Loan and Global Tuition Payment Platform for Africa.

AfriCred.org, a rapidly growing FinTech company, is collaborating with leading financial institutions in Globally & in Africa to help students and guardians access credit. Based in Lagos, Nigeria, with offices in Kenya, the UAE, and Spain, AfriCred offers short and long-term loans through financial institutions, Instant tuition fee payment and Living expenses travel credit cards empowering students to take control of their higher education finances.
AfriCred.org streamlines the loan process by providing a wide selection of leading global and Africa-based lenders at competitive rates, delivered with best-in-class customer support. AriCred has established exclusive partnerships with 35+ global universities across USA, Canada, Malta, EU to offer on-click tuition fee payment experience
“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” Said Chris Velasco of Edison College, Canada
Studying abroad is a cherished dream for many Africans, with Nigeria being the third-largest source of international students globally and the fastest-growing population in Canada and the UK. Over 65,000 Nigerians received UK-sponsored study visas in 2022, a significant rise from just over 7,000 in June 2019. Despite this, students and parents face challenges due to the absence of local credit availability, limited access to financial services, stringent eligibility criteria, high interest rates, and insufficient local funding.
Siddharth, CEO of AfriCred.org, stated, “Our mission is to empower students by offering them convenient and affordable access to credit. Through our robust partnerships with global financial institutions that provide loans at competitive interest rates, without requiring a co-signer or collateral, we aim to ensure that no deserving student faces financial constraints for local or global university admissions.”
We are partnering with various study-abroad businesses and higher education consultants, supporting existing organisations to better serve their students with AfriCred’s support - Said Jerry Opara, Sr Manager at AfriCred
“It’s pretty game-changing for our students,” said Dr. Piyush Jain, Director at ProU Education, Africa’s first early career management platform. “Credit is fundamentally broken in education, especially when crossing borders. 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.”
About AfriCred.org: AfriCred.org is a leading fintech company in Africa dedicated to providing accessible and affordable education financing solutions for students. Through strategic partnerships with global financial institutions and exclusive collaborations with universities worldwide, AfriCred is committed to enabling the youth of Africa to pursue their academic aspirations without financial constraints. For further information on education financing solutions, please visit www.africred.org.