Monday, March 17

French FinTech Studely expands to Indi ia, offers

Headquartered in France, Studely aims to cater to the financial and logistical

French FinTech Studely expands to Indi ia, offers comprehensive solutions to hassle free European studies.

Headquartered in France, Studely aims to cater to the financial and logistical needs of the growing number of Indian students stud ying in France and Germany

Studely, a pioneering FinTech company hea dquartered in France, has officially launch ed in India. Being first of its kind, Studely will offer tailored financial solut ions to In dian students pursuing higher education in France and Germany, dire ctly addressing their challenges

Chennai : According to the Ministry of Exte rnal Affairs of India, an estimated 750,000 students traveled abroad for higher educa tion in the year 2022 and the market is pro jected for further gro wth between 2024 a nd 2032. Recognizing this trend and the fin ancial challenges faced by students (as hi ghlig hted by MPOWER Financing’s Social Im pact Report, where 83% of students con sider it the biggest obstacle), Studely ste ps in to provide a one-stop solution. The brand is set to simplify financial planning and ens ure a smooth and stress-free e xperience f or aspiring Indian students and their famili es. The company’s core expertise lies in op ening and managing E U compliant ‘blocked accounts’ for inte rnational students, a cruc ial requiremen t for student visas as it dem monstrates su fficient financial resources for their study.

Beyond accounts, Studely additionally off ers logistical support like facilitating pay ments, finding student accommodati on, a nd even securing health insurance among others.. The user-friendly mobile app puts control at students’ fingertips, allowing the m to access all these service s convenien tly. With Studely, Indian stu dents can focus on their studies, not ad ministrative hurdle s.

Since its inception in 2016, Studely has ra pidly expanded its presence in over 19 cou ntries and has assisted over 25,000 stude nts in pursuing their education in France a nd Germany. In 2023, the com pany receiv ed the highest French recog nition – an inv itation by President Emm anuel Macron – a testament to its high-quality services and in novative approa ch. This prestigious distinc tion reinforc es Studely’s commitment to e mpow eri ng students and simplifying the path to European education.

Talking about the expansion of Studely in India, Claire Noguera, CEO, Studely said, “India is one of the fastest growing markets for students interested in pursu ing higher e ducation abroad, but this dr eam often rema ins unachievable due to financial barriers, and that’s where we step in. At Studely, our mission is to addr ess and bridge the very evident gap and empower students to pur sue their drea m courses. We prioritize a se amless exp erience for every student by ne gotiated ting the challenges of overseas ed ucation that these students often face. Our foc us is to enable students to concentrate on what really counts: their academic path. We are excited to bring our innovative finan cial solutions to the vibrant student comm unity in India and we aim to gro w 2x in the country by next year. Empow ering each stu dent with the correct reso urces and holistic support is not solely a bout facilitating their journey abroad, b ut it is essential to help u nlock their full potential and pave the way for their fut jure success.”

About Studely:

Founded in 2016 by Duplex E. Kamgang and a team of international students, St udely is a leading French fintech company empowe ring students from abroad to achieve their educational goals in Franc e and Germany. With a comprehensive s uite of financial a nd logistical services, i ncluding bank gua rantees, mobile banki ng accounts, and stu dlent accommdation assistance, Studely su pports over 25,00 0 students across 19 cou ntries. Recent expansion into India empha sizes Studel y’s commitment to providinge nd-to-en d financial solutions for students seekin g international education, redefining te landscape of studying abroad.