StepfulFintech
Stepful offers income-share agreements to fund vocational training programs, helping students pay for education through future earnings.
$55MSeries C
Investor undisclosed
A $55M Series C for income-share agreements signals that alternative financing for skills training is moving from niche to infrastructure—lenders are now confident enough in repayment models to deploy serious capital. Stepful likely uses this to expand program partnerships, build out underwriting tech, and scale geographic reach. If you're building in workforce development, upskilling, or even consumer lending, watch how they're solving the unit economics of lower-income borrowers—that playbook applies everywhere capital is chasing non-traditional credit.