French company Studely, a pioneer in financial technology (FinTech), is now offering its services in India. They aim to help Indian students overcome the financial and logistical challenges of studying in France and Germany.
This comes at a time when more and more Indian students are choosing to pursue higher education abroad. The Indian government estimates that 750,000 students went abroad to study in 2022, and this number is expected to keep growing.
Studely will be the first company of its kind in India to provide these specific financial solutions for students. They understand the financial hurdles students face, as highlighted in a report by MPOWER Financing.
Here’s how Studely can help Indian students:
- Financing: Studely helps students open and manage special bank accounts that meet European Union (EU) regulations. These accounts are required for student visas and show that students have enough money to support themselves while studying.
- Beyond Finances: Studely offers more than just financial services. They can also help with things like making payments abroad, finding student housing, and even getting health insurance.
- Convenience: Students can manage everything through a user-friendly mobile app.
By using Studely, Indian students can focus on their studies instead of worrying about administrative tasks.
Studely has already helped over 25,000 students from 19 countries reach their educational goals in France and Germany. In 2023, they were invited by French President Emmanuel Macron, which shows the high quality of their services.
Studely’s CEO, Claire Noguera, sees India as a huge market with many students who dream of studying abroad. She says Studely’s mission is to remove the financial barriers that prevent students from achieving their dreams. Their goal is to make the entire process as smooth as possible and to empower students to focus on their studies.
Studely is excited to be in India and is aiming to double the size of their business here by next year. They believe that giving students the right resources and support will not only help them study abroad but will also unlock their full potential and pave the way for their future success.
