{"id":501303,"date":"2021-07-06T07:58:15","date_gmt":"2021-07-06T06:58:15","guid":{"rendered":"https:\/\/ibsintelligence.com\/?p=501303"},"modified":"2021-07-06T07:58:15","modified_gmt":"2021-07-06T06:58:15","slug":"stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/","title":{"rendered":"StepEx raised \u00a31.1 mn in funding with\u00a0BBVA Anthemis Venture Partnership"},"content":{"rendered":"

\"\"<\/a>StepEx<\/a>\u00a0has raised \u00a31.1 million in pre-initial funding, with the venture studio\u00a0BBVA Anthemis Venture Partnership<\/a> being the lead investor. This startup from the UK offers an alternative system of student finance based on the estimation of their future income to democratize access to postgraduate qualifications.<\/p>\n

Through StepEx\u2019s Future Earnings Agreements,\u00a0students do not pay an upfront university fee, instead of paying their university a percentage of their income for a fixed period after they graduate, and only once they earn above a minimum salary.<\/p>\n

In the UK, StepEx is partnering with the London Business School\u00a0and\u00a0the prestigious universities of Cambridge and Cranfield, among others, and several providers of courses focused on in-demand technical skills such as coding and Artificial Intelligence.<\/p>\n

An alternative to the traditional system of financing postgraduate studies, with access to lending based on past income. StepEx believes that this type of loan limits the opportunities for younger and less wealthy people to access postgraduate and technical qualifications, limiting their upward social mobility.<\/p>\n

Christhi Theiss, Head of BBVA & Anthemis\u2019 Venture Partnership at BBVA<\/a>, says: \u201cStepEx has created a solution that benefits students and educational institutions in equal measure. But it\u2019s also an attractive investment for lenders – combining strong returns with genuine social impact. We have every confidence in the team\u2019s ability to make this a mainstream option that transforms student finance,\u201d<\/p>\n

Recently, IBS Intelligence reported<\/a> that BBVA has collaborated with Google Cloud to transform its security strategy with the optimisation of its security infrastructure. BBVA stated that it would utilise the partnership for developing new AI and ML models for predicting and preventing cyberattacks against its banking infrastructure. The Bank is expected to implement Google Cloud\u2019s AI capabilities into its security strategy.<\/p>\n","protected":false},"author":18,"featured_media":501304,"parent":0,"template":"","categories":[11368],"tags":[],"class_list":["post-501303","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-core-banking"],"acf":[],"yoast_head":"\nStepEx raised \u00a31.1 mn in funding with\u00a0BBVA Anthemis Venture Partnership<\/title>\n<meta name=\"description\" content=\"StepEx\u00a0has raised \u00a31.1 million in pre-initial funding, with the venture studio\u00a0BBVA Anthemis Venture Partnership being the lead investor\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"StepEx raised \u00a31.1 mn in funding with\u00a0BBVA Anthemis Venture Partnership\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/\" \/>\n<meta property=\"og:site_name\" content=\"IBS Intelligence\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ibsintelligence.cmc\/\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/07\/StepEx.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"393\" \/>\n\t<meta property=\"og:image:height\" content=\"393\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@IBSIntelligence\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/\"},\"author\":{\"name\":\"Joy Dumasia\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/person\/8901a347240172792175887327383897\"},\"headline\":\"StepEx raised \u00a31.1 mn in funding with\u00a0BBVA Anthemis Venture Partnership\",\"datePublished\":\"2021-07-06T06:58:15+00:00\",\"dateModified\":\"2021-07-06T06:58:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/\"},\"wordCount\":301,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ibsintelligence.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/07\/StepEx.jpg\",\"articleSection\":[\"Core Banking\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/\",\"url\":\"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/\",\"name\":\"StepEx raised \u00a31.1 mn in funding with\u00a0BBVA Anthemis Venture Partnership\",\"isPartOf\":{\"@id\":\"https:\/\/ibsintelligence.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/07\/StepEx.jpg\",\"datePublished\":\"2021-07-06T06:58:15+00:00\",\"dateModified\":\"2021-07-06T06:58:15+00:00\",\"description\":\"StepEx\u00a0has raised \u00a31.1 million in pre-initial funding, with the venture studio\u00a0BBVA Anthemis Venture Partnership being the lead investor\",\"breadcrumb\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/#primaryimage\",\"url\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/07\/StepEx.jpg\",\"contentUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/07\/StepEx.jpg\",\"width\":393,\"height\":393},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ibsintelligence.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"StepEx raised \u00a31.1 mn in funding with\u00a0BBVA Anthemis Venture Partnership\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ibsintelligence.com\/#website\",\"url\":\"https:\/\/ibsintelligence.com\/\",\"name\":\"IBS Intelligence\",\"description\":\"Financial Technology News & FinTech Research\",\"publisher\":{\"@id\":\"https:\/\/ibsintelligence.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ibsintelligence.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ibsintelligence.com\/#organization\",\"name\":\"IBS Intelligence\",\"url\":\"https:\/\/ibsintelligence.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png\",\"contentUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png\",\"width\":299,\"height\":80,\"caption\":\"IBS Intelligence\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/ibsintelligence.cmc\/\",\"https:\/\/x.com\/IBSIntelligence\",\"https:\/\/www.instagram.com\/ibsintelligence\/\",\"https:\/\/www.linkedin.com\/company\/ibs-intelligence\/\",\"https:\/\/www.youtube.com\/channel\/UCLkzPazySerR8DzKFeFFGmw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/person\/8901a347240172792175887327383897\",\"name\":\"Joy Dumasia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1eda4e32156c8edd3ab167b469c12228e1d6fc3551faac12d7addf3f7625242c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1eda4e32156c8edd3ab167b469c12228e1d6fc3551faac12d7addf3f7625242c?s=96&d=mm&r=g\",\"caption\":\"Joy Dumasia\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"StepEx raised \u00a31.1 mn in funding with\u00a0BBVA Anthemis Venture Partnership","description":"StepEx\u00a0has raised \u00a31.1 million in pre-initial funding, with the venture studio\u00a0BBVA Anthemis Venture Partnership being the lead investor","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/","og_locale":"en_US","og_type":"article","og_title":"StepEx raised \u00a31.1 mn in funding with\u00a0BBVA Anthemis Venture Partnership","og_description":"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.","og_url":"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/","og_site_name":"IBS Intelligence","article_publisher":"https:\/\/www.facebook.com\/ibsintelligence.cmc\/","og_image":[{"width":393,"height":393,"url":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/07\/StepEx.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@IBSIntelligence","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/#article","isPartOf":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/"},"author":{"name":"Joy Dumasia","@id":"https:\/\/ibsintelligence.com\/#\/schema\/person\/8901a347240172792175887327383897"},"headline":"StepEx raised \u00a31.1 mn in funding with\u00a0BBVA Anthemis Venture Partnership","datePublished":"2021-07-06T06:58:15+00:00","dateModified":"2021-07-06T06:58:15+00:00","mainEntityOfPage":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/"},"wordCount":301,"commentCount":0,"publisher":{"@id":"https:\/\/ibsintelligence.com\/#organization"},"image":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/#primaryimage"},"thumbnailUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/07\/StepEx.jpg","articleSection":["Core Banking"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/","url":"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/","name":"StepEx raised \u00a31.1 mn in funding with\u00a0BBVA Anthemis Venture Partnership","isPartOf":{"@id":"https:\/\/ibsintelligence.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/#primaryimage"},"image":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/#primaryimage"},"thumbnailUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/07\/StepEx.jpg","datePublished":"2021-07-06T06:58:15+00:00","dateModified":"2021-07-06T06:58:15+00:00","description":"StepEx\u00a0has raised \u00a31.1 million in pre-initial funding, with the venture studio\u00a0BBVA Anthemis Venture Partnership being the lead investor","breadcrumb":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/#primaryimage","url":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/07\/StepEx.jpg","contentUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/07\/StepEx.jpg","width":393,"height":393},{"@type":"BreadcrumbList","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/stepex-raised-1-1-mn-in-funding-with-bbva-anthemis-venture-partnership\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ibsintelligence.com\/"},{"@type":"ListItem","position":2,"name":"StepEx raised \u00a31.1 mn in funding with\u00a0BBVA Anthemis Venture Partnership"}]},{"@type":"WebSite","@id":"https:\/\/ibsintelligence.com\/#website","url":"https:\/\/ibsintelligence.com\/","name":"IBS Intelligence","description":"Financial Technology News & FinTech Research","publisher":{"@id":"https:\/\/ibsintelligence.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibsintelligence.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibsintelligence.com\/#organization","name":"IBS Intelligence","url":"https:\/\/ibsintelligence.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/","url":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png","contentUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png","width":299,"height":80,"caption":"IBS Intelligence"},"image":{"@id":"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ibsintelligence.cmc\/","https:\/\/x.com\/IBSIntelligence","https:\/\/www.instagram.com\/ibsintelligence\/","https:\/\/www.linkedin.com\/company\/ibs-intelligence\/","https:\/\/www.youtube.com\/channel\/UCLkzPazySerR8DzKFeFFGmw"]},{"@type":"Person","@id":"https:\/\/ibsintelligence.com\/#\/schema\/person\/8901a347240172792175887327383897","name":"Joy Dumasia","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibsintelligence.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1eda4e32156c8edd3ab167b469c12228e1d6fc3551faac12d7addf3f7625242c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1eda4e32156c8edd3ab167b469c12228e1d6fc3551faac12d7addf3f7625242c?s=96&d=mm&r=g","caption":"Joy Dumasia"}}]}},"_links":{"self":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/ibsi_news\/501303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/ibsi_news"}],"about":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/types\/ibsi_news"}],"author":[{"embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/users\/18"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/media\/501304"}],"wp:attachment":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/media?parent=501303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/categories?post=501303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/tags?post=501303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}