Leap Finance, a lending division of the study-abroad platform Leap, has secured a US$100 million debt facility from HSBC under its ASEAN Growth Fund.

Announced on Mar. 5, 2025, the funding aims to assist more Indian students in pursuing postgraduate education abroad.

To date, Leap Finance has provided over US$250 million in education loans to more than 5,000 students.

The company’s loan model focuses on a student’s future earning potential rather than their current financial situation. It offers collateral-free, USD-denominated loans that cover the full cost of international education.

The company plans to utilize this facility to expand services across the United States. It aims to grow university partnerships and improve its presence in India.

This announcement follows Leap’s successful US$65 million series E equity round led by Apis Partners last month.

This round has increased its cumulative funding to over US$400 million in equity and debt since its inception in 2019.

Headquartered in Bangalore, Leap operates in ten countries. It offers services including study-abroad counseling, visa assistance, and tailored financial products for international students.

Recent Leap Finance developments