Moneta introduces ‘Study Now, Pay Later’ facility

Lifestyle-based financial assistance platform, Moneta, recently unveiled a product to remove the financial barriers to study whereby students can pursue a professional/educational qualification and pay in 4 instalments, interest-free.

“Study Now, Pay Later” endeavour is a partnership with the country’s leader in higher education, Achievers Lanka Business School.

As quality education is a must for a successful life and career, Moneta’s new scheme is an extension of this thinking to make higher education accessible to the middle class despite the economic downturn.Kanaganayagham Shayanthan Founder and CEO of Moneta said: “We are excited to be supporting the future generation of Sri Lanka to bring their academic/professional aspirations to fruition through education. This is a brilliant opportunity for anyone looking to further their education but don’t have the means to make a substantial investment upfront. We hope our “Study Now Pay Later” service, which is always interest-free, will be especially beneficial and timely under the prevailing economic climate.”

Azad Hye, Chairman of Achievers Lanka Business School said, “Under this scheme, prospective learners can follow globally-recognized qualification such as CIM, CIMA, ACCA etc that will be invaluable in today’s competitive context. We are proud to be partnering with Moneta for this endeavour.”

Moneta’s Machine Learning & Artificial Intelligence-driven platform has simplified and streamlined the interest-free “Study Now, Pay Later” facility’s processing time to just 10 minutes.Achievers is one of the most sought-after institutions for CIM & ACCA. It has an excellent pool of lecturers, impressive pass rates and offers virtual and physical learning modes to choose from.