Summary – “College Vidya Partners with Fibe for Online Education”
• College Vidya partners with India’s leading fintech firm, Fibe, to provide affordable online education.
• The partnership aims to assist salaried individuals and working professionals in India.
• The partnership aims to boost enrollment rates by offering easy loan application processes and affordable installment options.
College Vidya, a one-stop shop for making educated online education decisions, has just announced a partnership with Fibe, India’s premier fintech firm.
This collaboration intends to enable salaried persons and working professionals throughout India to pursue their academic goals without financial constraints.
The agreement has the potential to transform online education in India by combining Fibe’s financial offers with College Vidya’s instructional resources.
This cooperation focuses on assisting salaried persons and working professionals who are unable to pay their entire expenses up front due to financial restrictions. College Vidya and Fibe are raising enrollment rates by providing straightforward loan application processes and inexpensive installment options.
This would guarantee that more paid and working individuals may pursue their ambition of becoming educators. This collaboration is estimated to benefit around 3,000 salaried workers and working professionals every year.
Fibe (formerly EarlySalary) is creating a financial ecosystem that allows middle-income individuals to achieve their goals. It has introduced a variety of financial solutions, including cash loans, long-term personal loans, and buy now pay later programs.
The software provides a fully digital loan application procedure that takes seconds to complete. Its technological arm, Social Worth Technologies Pvt. Ltd., has collaborated with Axis Bank to introduce the Fibe Axis Bank Credit Card.
It has expanded dramatically over the years, becoming as a market leader in offering financial aid to young middle-income people in India. The organization has already given over 6 million loans totaling over INR 20,000 crore.
College Vidya is a platform that provides students with the resources and information they need to determine the best path for their educational and professional goals. After years of hard effort, we have effectively developed a network of people from diverse sectors and educational backgrounds, offering them personalized assistance and industry-leading guidance.
Throughout this journey, we understood the critical value of a community that allows our students to interact and learn, which will enhance their professional development.
As a result, we created the CV Community to encourage meaningful interactions and networking opportunities for both students and working professionals, allowing them to continually broaden their horizons within their respective professions.
Rohit Gupta, COO of College Vidya, expressed his delight about the relationship.
At College Vidya, we believe that financial constraints should not prevent students from receiving an education. Our collaboration with Fibe is an important step toward making online higher education accessible and affordable to all in India. We are delighted to see how this can improve students’ lives and careers.
Fibe (previously EarlySalary) is one of India’s biggest consumer lending applications, focusing on young working professionals who are underserved by traditional lenders. Our purpose is to build a financial ecosystem that enables middle-income people to achieve their goals.
Customers will benefit from a variety of benefits, including the ability to pay their fees without fear of financial hardship.
This guarantees that professionals who are paid a salary or hired can continue their studies without interruption and only repay their debts once they have found work through the course’s placement services. They may also choose from customized loan and EMI alternatives to suit their needs.
Akshay Mehrotra, Fibe’s co-founder and CEO, said on the collaboration:
This collaboration with College Vidya allows them to concentrate on their academics and professional objectives without the continuous stress of financial constraints.
Fibe’s EdTech financing enables clients to take offline or online courses without making a down payment and study a subject they have always been interested in. Fibe has granted over 70,000 consumer loans through its relationships with EdTech companies.
Our collaboration with College Vidya takes us one step closer to providing individuals with the opportunity to focus on their academic and career aspirations and upskill themselves without the weight of financial constraints.
CONCLUSION : College Vidya, India’s leading online education platform, has partnered with India’s leading fintech firm, Fibe, to provide financial assistance to salaried individuals and working professionals in India. The partnership aims to enhance enrollment rates by offering easy loan application processes and affordable installment options.