ED Partners, Qore move to disrupt education financing

Qore, a leading fintech infrastructure provider, and Ed Partners, a renowned non-banking financial institution, have announced the successful go-live of Ed Partners on Qore’s Recova and BankOne platforms.

Africa’s school-age population is projected to reach nearly 750 million by 2060 (World Bank, 2023), making expanded access to education a strategic priority for sustainable, long-term development.

The partnership leverages Qore’s robust, regulation-aligned unified platform to deliver secure, efficient, and scalable financial services tailored to schools and educational institutions.

This milestone marks a significant step forward in their shared mission to transform the education financing landscape across Africa, with Qore powering Ed Partners’ digital transformation and unlocking new growth for financial institutions serving the education sector.

With rapid deployment capabilities, local compliance, and an end-to-end system that simplifies financial operations, the partnership enables institutions to access more flexible and competitive financial products. This empowers schools to strengthen learning environments and focus on sustainable education delivery.

More than a technological upgrade, this launch represents a transformative shift in how education finance is delivered.

With Qore’s infrastructure now operational, Ed Partners will automate core lending functions such as loan origination, processing, and collections, reducing turnaround times, improving repayment efficiency, and enabling more consistent, timely funding for schools.

This advancement directly supports SDG 4 (Quality Education) by giving schools the financial stability to invest in teachers, infrastructure, and learning resources. It also contributes to SDG 9 (Industry, Innovation, and Infrastructure) by reinforcing the digital backbone of inclusive, resilient education finance systems.

By advancing the Sustainable Development Goals, the partnership is creating new opportunities for inclusive growth in education financing across Africa. It highlights the role of homegrown technology and strategic partnerships in reshaping how schools access and manage financing, helping them improve classroom outcomes at scale.

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With over 1.1 billion mobile money accounts and Africa’s digital payments economy projected to reach $1.5 trillion by 2030 (GSMA, 2024; Mastercard & IFC, 2024), the need for scalable, compliance-ready platforms has never been more urgent. This partnership offers a future-ready model aligned to the evolving needs of schools and learners.

Trusted by over 520 institutions across 9 countries and processing over $100 million loan disbursements monthly, Qore is powering the next generation of digital finance across Africa and beyond.

Ed Partners is a renowned education financing solutions provider that offers accessible and affordable financial solutions to schools and educational institutions in Africa.

The Qore–Ed Partners partnership responds to this need by: Boosting Economic Growth: Each additional year of schooling is linked to up to a 10 percent increase in GDP in low- and middle-income countries (World Bank, 2020).

Improving Learning Outcomes: Streamlined financing helps schools invest in the infrastructure, talent, and tools that elevate student achievement.

Enhancing Employability: More reliable funding prepares educational institutions to equip students for a fast-changing, digital-first economy.

With proven results from other deployments such as a 49 percent increase in loan disbursements at e-Barcs MFB and 80 percent automation at Reliance Financial Services, Qore’s platform is already showing how purpose-built financial infrastructure can unlock real, measurable progress across Africa’s education systems.

Qore, with pioneer products like BankOne, Recova, and Pryme, is a leading Fintech Infrastructure and Banking-as-a-Service provider.

Qore delivers innovative, regulation-aligned technology to financial institutions, including commercial banks, fintechs, microfinance banks, and embedded finance enterprises enabling them to efficiently build, scale, and operate financial products globally.

Iheanyi Nwachukwu

Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA). Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.