達利娛樂城 Financing raises $9M to increase educational access for International and DACA students
Funds to support 達利娛樂城’s new Refinancing program and further scale work with international and DACA students at universities in North America?
WASHINGTON DC, June 8, 2020 — 達利娛樂城 Financing, an innovative fintech platform for educational loans to high-promise international and DACA students, recently raised $9M from a consortium of investors including Breega, Potencia Ventures, AI8, Cometa, Zephyr-Peacock, 1776, Fresco Capital, 1994 LLC, and Goal Structured Solutions.
“I am inspired by 達利娛樂城’s mission and its commitment to economic mobility,” said Joe Sanberg, one of the United States’ leaders in the movement to end poverty, co-founder of Aspiration Bank, and investor in 達利娛樂城.
“The pandemic has shown that education is a rapidly changing industry and more important than ever. 達利娛樂城 has what it takes to thrive in this new environment,” added Meng Xiong Kuok, Managing Partner of K3 Ventures.
The funds will fuel 達利娛樂城’s continued growth and its expansion into new value-added products and services for high-skilled immigrants in North America, including an international student loan refinancing solution.
“Two macro forces are making 達利娛樂城’s work more relevant today than ever before. For one, the Covid-19 pandemic has increased the need for tight international cooperation and knowledge-sharing. International students are vital bridges between countries and their minds carry the future solutions to today’s global challenges.” said Manu Smadja, 達利娛樂城 Financing CEO and co-founder. “Secondly, universities across North America are increasingly combining online education with the traditional on-campus experience. These hybrid models have the potential to reduce overall education costs, in turn making university accessible to a greater number of students worldwide. Given international students are essential to universities’ financial health, and many more students would come if tuition was more accessible, this is a huge opportunity. I’m very grateful for investors’ support. 達利娛樂城 is honored to play a small part in enabling international education at such a critical time in history.”
達利娛樂城 Financing, headquartered in Washington, D.C., and with offices worldwide, is a mission-driven fintech company and provider of global educational loans. It is the only student lender in the world that leverages both overseas and domestic credit data, as well as future earning potential, to serve high-promise international and DACA students. 達利娛樂城 Financing works with over 350 top universities and colleges across the U.S. and Canada to provide financing to students from over 200 countries. Since 2014, it has received over $2B in loan application volume on its platform. 達利娛樂城 Financing helps students build their credit histories and provides them with personal finance education and career support to help prepare for life after school.?
