Media article published by The PIE News on 17 February 2020.

Australia-based edtech company Cohort Go has announced a partnership with North Loop, a new bank for international students headed to the US.

Through the partnership, North Loop customers can now send funds from over 100 countries to the US with access to competitive exchange rates and no fees.

“We’re delighted that this partnership…will make the financial side easier for students travelling to the US”

North Loop was created as a no-fee bank account for students with online applications; saving students time by not having to travel to a physical bank to open an account while ensuring their money is secure.

The partnership further propels the successful startup Cohort Go, which has seen significant growth over the past 12 months.

Mark Fletcher, co-founder and CEO of Cohort Go said the partnership will save students money and provide peace of mind knowing their finances are secure as they embark on their international education journey.

“Studying overseas can be expensive and complex, so we’re delighted that this partnership with North Loop will make the financial side easier for students travelling to the US from particular source countries,” said Fletcher.

“Students can also expect to save on their study expenses with low foreign exchange rates and no-fee transfers, along with their no-fee bank account.

“We are proud to partner with North Loop, a company that is aligned to our vision of reducing barriers for the international education community,” he added.

Tahem Veer Verma, founder and CEO of North Loop said Cohort Go was the most affordable option for students to send money overseas, so it was the ideal partnership.

“The Cohort Go team are fantastic and align with North Loop’s mission really well. With this partnership, North Loop continues to eliminate the borders that divide us,” he added.