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StepEx

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Consumer direct lender offering flexible education financing solutions.

Overview

StepEx operates as a consumer direct lender that focuses on offering financing options for individuals pursuing higher education. The company provides two main products: the Future Earnings Agreement (FEA) and Payment Plans (PP). The FEA allows borrowers to make repayments only when they are employed and earning above a specified income threshold, with repayment amounts based on a percentage of their income. Payment Plans offer fixed monthly repayments. StepEx targets students and educational institutions with the aim of making qualifications more accessible through its financing solutions. The company utilizes AI and data analytics to facilitate loan processing, and its platform includes an API that connects students with investors to enhance funding opportunities.

Key facts

Founded
2017

Business model

Contact

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About StepEx

What does StepEx do?

StepEx operates as a consumer direct lender that focuses on offering financing options for individuals pursuing higher education.

Where is StepEx headquartered?

StepEx is headquartered in London, United Kingdom.

When was StepEx founded?

StepEx was founded in 2017.

Which sector is StepEx in?

StepEx operates in Digital Lending, part of Financial Technology.

Who are StepEx's competitors?

Companies similar to StepEx include EdAid, Chicago Student Loans, and Juno.