Leap Expands Global Education Access with $65M Series E Round

Leap, a global embedded finance platform facilitating international education and career aspirations, has successfully closed its Series E funding round, raising $65 million in equity. The funding was led by UK-based Apis Partners through its Apis Growth Markets Fund III and Apis Global Growth Fund III, with further participation from existing investors such as Owl Ventures, Jungle Ventures, and Peak XV Partners. Since its inception in 2019, Leap has accumulated over $200 million in equity funding. The platform offers comprehensive services for students planning to study abroad, including test preparation, counseling, and financial assistance, such as student loans. Leap claims to have fostered 5-fold growth since its Series D round and is expanding rapidly, now operating in over 10 countries. Co-founders Vaibhav Singh and Arnav Kumar emphasize the company's dedication to democratizing global education access and accelerating product offerings using AI-powered tools. Apis Partners, renowned for financial services and tech investments, sees the potential in Leap's mission of advancing financial inclusion and education accessibility. Partners Matteo Stefanel and Udayan Goyal highlight the transformative nature of Leap's embedded finance model. Financial advisory for the transaction was provided by Avendus Capital.