Private Equity

Angel Investments

Educational loans provider Lorien Finance raises $1.8 M led by Venture Catalysts

Business Line  

Venture Catalysts, a startup incubator and early-stage investment platform, has led an USD 1.8 million seed funding round in Lorien Finance, a cross-border fintech platform offering banking and lending products to immigrants moving to the US. Started in 2021, Lorien offers collateral-free education loans to Indian students at interest rates starting from 8.5 % without additional charges such as forex conversion fees and prepayment penalties.