Quotanda - a lending-as-a-service (LaaS) platform that enables schools and lenders to set up student financing programs to make education more affordable

Projektinformationen

Quotanda

ID Finanzhilfevereinbarung: 735394

DOI 10.3030/735394

Abgeschlossenes Projekt

EK-Unterschriftsdatum 25 Juli 2016

Startdatum 1 August 2016

Enddatum 31 Januar 2017

Finanziert unter

• INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)

Gesamtkosten € 71 429,00

EU-Beitrag € 50 000,00

Koordiniert durch

QUOTANDA LOANS SL
Spain

Ziel

Quotanda is a lending as a service (LaaS) platform providing a suite of student loan services. Its technology and staff supervise all aspects of partners’ online lending programs, including: program set-up, marketing, compliance to selection requirements, origination, automated credit decisions, loan disbursement, extended servicing (collecting interest and principal), and default management. As a B2B2C LaaS platform, two are the main groups Quotanda is addressing to: banks and schools through which students, which are the final users, are eventually pointed. Quotanda manages all aspects of loan programs for banks or extended payment plans for schools. It supports economic growth via wage premiums for educated (or re-skilled workers) and helps to reduce deficiencies of inequality and social exclusion. Quotanda is challenging the status-quo with a technology that broadens financial inclusion and access to education by helping schools to introduce flexible and affordable financing programs for students, as shown by the 2 successful loan programs running in Spain in collaboration with IESE Business School MBA and IronHack – Spain’s first code bootcamp. On the other side it helps banks to acquire millennial customers with high Lifetime Value efficiently while making students and families loan decision faster. Having proved online origination and servicing capabilities, Quotanda sees this feasibility study as an opportunity to help grow and test its turnkey platform on a larger level, by bringing superior efficiency at scale to various banks and schools. Its concept greatest ambition is to set a standard the education lending market with an increasing share that will arrive to count at least for 1.75% of the entire online education lending market in the forthcoming 4 years, by closing partnerships with 11 lenders and 40 among universities, schools and code bootcamps by the end of 2017.

Wissenschaftliches Gebiet

• social sciences › sociology › social issues › corruption
• social sciences › sociology › industrial relations › automation
• social sciences › sociology › social issues › social inequalities
• social sciences › economics and business › business and management › business models
• social sciences › economics and business › business and management › employment

Programm/Programme

• H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT) Main Programme
• H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument

Thema/Themen

• SMEInst-01-2016-2017 - Open Disruptive Innovation Scheme

Aufforderung zur Vorschlagseinreichung

H2020-SMEInst-2016-2017

Andere Projekte für diesen Aufruf anzeigen

Unterauftrag

H2020-SMEINST-1-2016-2017

Finanzierungsplan

SME-1 - SME instrument phase 1

Koordinator

QUOTANDA LOANS SL

• Netto-EU-Beitrag: € 50 000,00
• Adresse: AV. DIAGONAL, 404-406, P.EN PTA. 3 ; 08037 BARCELONA ; Spanien
• KMU Die Organisation definierte sich zum Zeitpunkt der Unterzeichnung der Finanzhilfevereinbarung selbst als KMU (Kleine und mittlere Unternehmen). Ja:
  Region
  Este › Cataluña › Barcelona
• Region: Este › Cataluña › Barcelona
• Aktivitätstyp: Private for-profit entities (excluding Higher or Secondary Education Establishments)
• Gesamtkosten: € 71 429,00