StepEx: Raised £1.1 million in pre-initial funding
- StepEx is the first regulated provider of a unique financing instrument – “Future Earning Agreements” – and corresponding asset class
- Raised £1.1 million in pre-initial funding, with the venture studio BBVA Anthemis Venture Partnership being the lead investor
- This startup from the UK offers an alternative system of student finance based on the estimation of their future income
- It has set out to eliminate the barriers that prevent the majority of students from accessing high-level postgraduate education
- Through a finance system based on the calculation of expected future income, which uses artificial intelligence technologies
- Created a solution that benefits students and educational institutions in equal measure
