Startup technology service provider Elanistech has teamed up with Australian fintech Ziksu to launch a platform for Indian students pursuing higher education in Australia to offer comprehensive financial service solutions and a unified gateway designed specifically for their needs.
In a statement, Dr Monica Kennedy, Senior Trade and Investment Commissioner - South Asia, Australian Trade and Investment Commission (Austrade) said: "Australia's Ziksu's partnership with India's Elanistech and IDFC First Bank Limited is a great example of how Australia's technology is helping India to seamlessly bridge sectors like education and financial services."
The launch event was held at the Australian High Commission in the national Capital. "Elanistech is committed to supporting the financial well-being of future international students," said Technical Advisor, Elanistech, Padmanabhan Desikachari, adding, solutions will include expedited loan application processing in partnership with IDFC First Bank.
The fintech platform will address this niche segment of student financing, where the average total value of student's loan underwritten per year was in the region of Aus$ 3.2bn (approx. INR.17,700 Crores), the strategic collaboration will enhance the financial journey for students and their families.
