Edfin

Welcome to Edfin

We leverage Technology and Strategic Partnership to provide affordable and flexible short-term Loans to help students smooth their Education Expenses.

Our Inspiration

EdFin Group was created by former international students. We understand the challenges faced by students and we are dedicated to helping students reduce financial stress and thrive

Our vision and purpose

Our vision is to become the leading choice for education financing globally and to see students thrive and achieve their full potential by providing them with flexible and affordable financial services.

Our mission is to provide professional, reliable and trusted financial services that help international students to access high quality education and achieve their academic goals without undue financial stress.

EdFin is a private, for purpose, technology driven company that provide financial services tailored for international students in Australia. Since July 2017, EdFin has provided flexible and affordable short-term loans to financially excluded international students. By operating a profitable company targeting the growing international students market, EdFin seeks to utilise its unique insights into the finance and international education sectors to revolutionise the international education financing and make it more inclusive.

At EdFin, we believe access to affordable international education financing is a crucial part of inclusive global education system. Providing affordable and flexible financing is a business model that will allow the company to offer reliable financial returns and significant social returns to its investors, while providing a valuable service to its borrowers and adding value to future of the global economy. We believe in doing well by doing good. Our goal is to turn Edfin to be a B-corporation  by 2020.

  • July 2017:
    EdFin was launched by Simba Marekera and Matthias Ehizua (Both former international students in Australia) with the mission to provide professional, reliable and trusted financial services that help international students to access high quality education and achieve their academic goals without undue financial stress.
  • September 2017- October 2018:
    Pre-Seed funding used to issue the first loans to international students Australia under a pilot program. EdFin successfully provided $0.2 million under pilot program.
  • December 2018:
    EdFin received a received Celebration of African Australians Annual Awards for services to international students.
  • March 2019:
    Seed Funding round achieved a Line of Credit provided by a major Australian Bank. EdFin expanded its offering beyond Pilot Program.
  • April 2020 and March 2021:
    Suspended lending activities due to the impact of COVID, redesigning it offering to continue its mission across Australia and overseas.

Our Story

EdFin was created by former international students. We understand the challenges faced by students and we are dedicated to helping students reduce financial stress and thrive. Between August 2017 to April 2020 EdFin was an Authorised Credit Representative of Foresters Community Finance. Forester is one of the most respected ethical lenders in Australia with a mission to provide access to funding to the financially excluded. Foresters Community Finance has been providing ethical personal loans for 10 years but has close to 140 years history as Friendly Society.

Forester is a B Corporation, a type of Company that uses the power of business to solve social and environmental problems.

EdFin is an ethical and responsible lender dedicated to helping student to:

Get a Quote

Now apply for a EdFin loan online, All you need to do is provide your details through the application form.