Berlin’s Lendorse secures €1.75M in a funding round led by LUMO Labs and Soulmates Ventures to increase access to education for international students.
Berlin’s Lendorse secures €1.75M in a funding round led by LUMO Labs and Soulmates Ventures to increase access to education for international students.
06/05/25, 12:43 PM
Location
munichMoney raised
€1.75 million
Industry
finance
education
Round Type
seed
Investors
Daniel Naber, Pi Impact, Soulmates Ventures, Lumo Labs
Berlin-based Lendorse has secured €1.75M in a funding round to support its mission of providing financial assistance to international students. The round was co-led by LUMO Labs and Soulmates Ventures, with participation from PI Impact and angel investor Daniel Naber. Lendorse offers upfront financing for tuition and living costs, requiring repayment based on a fixed percentage of future income. The funding will help expand their digital platform and services designed to empower students.
Company Info
Location
munich, bavaria, germany
Additional Info
Lendorse is an innovative social impact fintech based in Munich, focusing on education financing. Founded in 2022, it aims to provide access to higher education in Europe for talented students from developing and emerging countries. Its 'Study Now, Pay Later' model utilizes Income Share Agreements (ISAs), enabling students to repay financial support after graduation based on their future income. Lendorse partners with various universities and supports students with relocation and other expenses.