Schoolable is a financial technology company dedicated to transforming pre-tertiary education in Africa by streamlining tuition payments and providing financial infrastructure for K-12 private schools. The company offers services such as upfront tuition payment for parents with flexible monthly repayment plans, fostering a savings culture among parents, and enabling schools to receive up to 80% of their expected fees within two weeks of resumption. Additionally, Schoolable provides schools access to loan facilities and discounted vendor services.
Schoolable has significantly impacted the education sector by simplifying fee collection and reducing instances of fraud through unique account numbers for each family or student. This innovation has improved financial transparency and operational efficiency for schools. By offering a free business account and essential tools, Schoolable ensures that schools can focus on education rather than financial administration.
