Fintech startup Leap Finance has secured $5.5 million in a funding round led by Sequoia India. Angel investors- Bhupinder Singh and Kunal Shah also participated. The company would be utilizing the capital towards hiring for its technology and capital markets teams in Bangalore and San Francisco.
Founded in 2019 by Arnav Kumar and Vaibhav Singh, Leap is an online platform that offers students planning graduate studies in the United States loans without any collateral at interest rates starting as low as 8%. (Source)
