BEIJING, Nov. 21, 2017 /PRNewswire/ -- Recently, the global-leading cross-border international student service organization, Learning Without Borders, held a press briefing in Beijing. The founder and CEO Philip Hao introduced that ever since its Pre-A series and A series funding, Learning Without Borders has recently obtained several million RMB in A+ series funding from a joint investment of Enjoyor Shares and United Capital.
With the newly obtained funds, Learning Without Borders aids to rapidly gain a more remarkable market share in the sector of study-abroad service. In the next stage, Learning Without Borders will continue to promote comprehensive vertical study-abroad services and improve its service quality. More of its efforts will be made in social marketing, digital marketing and brand building. It will strengthen cooperation with cross-border brands and channels in the industry. It will explore innovating the pattern of campus cooperation and profound event cooperation, thus constructing a greater global study-abroad service system.
After many series of funding, Learning Without Borders will speed up the realization of its corporate vision. Making use of the entire company's client media resources to promote the flow of global talents, Learning Without Borders will strengthen talent diversity and competitiveness, enhance equality and transparency of global education opportunities, and finally become a leader in the area of global cross-border education services.
Learning Without Borders has been running successfully over a decade overseas, accumulating precious experience and know-how in the education industry, besides traditional off-line services, Learning Without Borders has built up an intelligent network platform in recent two years. As a professional and excellent service provider, combined with plenty of Super Mentors from top universities and companies overseas, Learning Without Borders has formed a unique and dynamic business model in this industry. That's why Learning Without Borders has attracted high attention from leading investors in such a short time.
Senior Study-Abroad Service Expert
Since its foundation in London, England, in 2003, Learning Without Borders has generated strategic cooperation with several hundred global higher education institutions, governments and corporations. At present, Learning Without Borders thoroughly waters and cultivates the UK, Chinese, Australian and American markets, focusing on providing superior study-abroad services.
Under the banner of Learning Without Borders, UVIC (UK Education and Visa Centre) operates as an authoritative UK education and visa service organization with permission from nearly a hundred public universities, UK higher education student recruitment committees, the UK immigration affairs office and the UK Immigration Law Practitioners Association. It is the UK's largest authentic immigration service centre. Data shows, UVIC (UK Education and Visa Centre) has already provided services for continued study and personal development to over 50,000 international students. Learning Without Borders' UVIC (UK Education and Visa Centre) is the UK's largest visa and immigration law agency, having completed 30,000 successful cases.
Double Mentor and Super Mentor
With experiences over the past years, Learning Without Borders has created the "Top University Mentor + Application Mentor" model. The Top University Mentors mainly provide one-on-one service for international students in six aspects, namely breaking-down the structure of courses and direction of majors, improvement of study skills, getting ideal summer internships, increasing competitiveness in the job market, finding jobs abroad, getting into renowned corporations and expanding golden social networking skills. All Mentors practice their consulting service in a very professional way.
Application Mentors further provide help to international students with their daily life, visas and all kinds of applications. They serve students with tips from top universities, deciphering all types of majors, providing visa services, proliferating career prospects, perfecting application materials, bolstering applications for results, as well as arranging accommodation and providing daily-life guidance.
Through the "Top University Mentor + Application Mentor" model, Learning Without Borders provides A-to-Z assistance for those preparing to study abroad and international students seeking further study, alleviating their concerns for the future studying abroad.
At the same time, Learning Without Borders has set up an elite collaborative community linking 100,000 overseas international students and top higher education institutions in the world -- with more than 1,000 Super Mentors. Coming from different industries and areas from the society, the Super Mentors are top teachers and students of top universities. They are business professionals, or job market biggies, or industry elites, sharing with students to study abroad their experience in studying skillfully, choosing universities and programs and looking for job opportunities.
Overseas Tuition Online Payment Platform myMoney
Considering the situation of the parents of Chinese international students who cannot conveniently remit tuition into the accounts of overseas higher education institutions, Learning Without Borders rolled out an online overseas tuition payment service platform, myMoney, at the end of 2016.
The myMoney platform is an overseas strategic partner of Tencent Payments (Tenpay). It cooperates with official authorized overseas payment organizations in China and multiple overseas institutions. It brushes aside many intermediate segments of cross-border payment. Students or parents merely have to input the name of the school to whom they want to pay tuition. Whether in Chinese or English, or even if abbreviated, the system will automatically find the relevant university and its banking information. One fills in their student number and other information, then inputs the amount of tuition to be payed, then myMoney will automatically provide the up-to-date exchange rate provided by the bank concurrently and calculate the required RMB amount before finally conducting the currency exchange and paying the tuition in compliance with requirements of the State Administration of Foreign Exchange.
The myMoney platform's operating process is very easy and simple. The platform interface is in Chinese, thus the sophisticated international remittances become simple, comprehensible and subject to limited errors for international students and their parents.
International Student Accommodation Site 51Room
Information shows that over five million students globally receive education in a country outside their motherlands. This means that accommodation problems are also a big issue. For an international student first arriving in another country, choosing a student dorm, off-campus accommodation, a private rented residence or home stay, which type saves the most on costs, and which type is the most beneficial for getting used to local life, are seemingly real puzzles.
Recognizing the potential of international student accommodation market, Learning Without Borders strategically invested in an international student accommodation site, 51Room in late 2016. At present, 51Room's source of properties spans over 440 cities in countries like the UK, USA, Australia, Japan. Its online properties exceeds one million. Recently, 51Room has generated deep cooperation with accommodation groups in countries like Japan and South Korea, pushing forward a new international student accommodation pattern -- Share House. In consideration of distributing proportions of different nationalities, every dorm room is allocated on the basis of having residents from different nationalities, with half locals and half foreigners, among which there is more detailed allocation of proportions of European/American and Asian country residents, providing international students with an atmosphere of multiple languages from different countries and multicultural communications.
Yes Global - Global Youth Elite Scheme
The purpose of this plan is to assist to strengthen the professional competitiveness abroad for international students returning to their countries. The format resembles a famous corporation training camp and Fortune 500 recruitment and training scheme. The famous corporation training camp sends students to top companies like Ernst & Young's global headquarters, the London Stock Exchange, HSBC's global headquarters and other top corporations headquarters for executive training. The Fortune 500 corporations path package means that students go through two to three months of specialized training and, in the end, the company guarantees the student will be recruited by a Fortune 500 corporation.
Achievement Multiplier Business Model
Besides the above cutting-edge features, Learning Without Borders has newly developed UniFair Global University Expo. Its new immigration model VIPVisa-My Global, My Pass Card and other business patterns have already manifested influence in study-abroad sectors in many countries.
Shortly after it established offices in China in 2015, Learning Without Borders attracted attention from capital investors, thanks to its overseas business patterns. Learning Without Borders' unique operating pattern and superior resources have allowed it to rapidly break into and conquer the "trump card" of the Chinese domestic market. Up to now, Learning Without Borders' 2017 student recruitment numbers have increased by 240% from that of last year.
Big and Inclusive Road to Innovation
With the ever-increasing horizontal competition in the industry, Learning Without Borders plans strategically before acting. In coordination with foreign and domestic markets, online and offline markets, in-the-trade and off-the-trade, it operates in a objective-oriented way. In the last two years, based on the its familiarity with business models abroad, Learning Without Borders structured its domestic study-abroad service internet layout. Combined with Chinese domestic science and technology, it goes with flow of changes in Chinese domestic consumption trends. Having an elite team both at home and abroad with over ten years of business experience, plus its extraordinary positioning of business models, Learning Without Borders has successfully evaded traps of low conversion rate and low profit in online education business. It has become an industrial superstar phenomenon with rapid increases in both business volume and profits.
Talking about the present status of his company, Philip Hao, founder of Learning Without Borders, pointed out: "High sunk costs in internet products as well as management operations are being rapidly amortized as more fast growing product lines emerge, and consequently increases in profits will gradually become more apparent."
With every setup of business, Learning Without Borders has precisely hit the "weak spot" of the market and clients, and has satisfied their demands. Learn Without Borders provides services in authentic study-abroad information, higher education institution applications and renting accommodation for studying abroad in many countries as well as building an overseas payment platform. All changes in its business appear completely natural as market conditions have matured. Looking to the future, Learning Without Borders is fully confident that online services will be one of the trends in the development of the study-abroad service sector.
SOURCE Learning Without Borders