Revolutionize student mobility financial management with Treezor!

The context: Student mobility, a rapidly growing market facing increased complexity

International student mobility is a booming phenomenon in Europe. The Erasmus+ program is proof of this enthusiasm. In 2024, nearly 1.5 million people benefited from mobility through Erasmus+, including students, teachers, trainers and young people in training. However, this “complex adventure” is fraught with administrative and financial pitfalls for students:

• Opening a bank account in a foreign country.
• Providing security deposits (housing deposits).
• Receiving financial aid (Erasmus+ grants, International Mobility Aid – AMI).
• Paying tuition fees and managing daily expenses in foreign currency.

These difficulties can undermine the student’s progress, cause delays in settling in and hinder academic success.

For stakeholders (universities, schools, mobility agencies, EdTechs), the need to digitize all of these financial services has become strategic. Treezor, the European leader in Banking-as-a-Service (BaaS), offers a comprehensive, modular and secure platform that integrates into the heart of the mobility process.

The major challenges facing student mobility stakeholders

Providers of solutions for students (FinTechs, EdTechs) face a dual imperative: offering a seamless user experience while complying with a strict regulatory framework.

1. Regulatory complexity and European compliance

Navigating the European financial landscape requires in-depth regulatory expertise:

• Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF): Players must comply with European Anti-Money Laundering Directives (AMLD), particularly the 5th Directive, which impose strict verification procedures.
• Identity verification (KYC/KYB): Establishing a relationship with a foreign student remotely is a challenge that requires robust and compliant identification processes (often via digital procedures approved by the ACPR, the French Prudential Supervision Authority).
• Payment Security: The Payment Services Directive (PSD2) requires Strong Customer Authentication (SCA) to secure transactions.
• Data Protection (GDPR): Ensuring the protection of the personal data of students, who are often minors or young adults, is fundamental.

For many players, ensuring compliance with these requirements represents an operational and legal burden.

2. A smooth customer journey and multi-country experience

Students need an immediate and simple solution to get settled. Waiting to open an account or not being able to track financial aid (such as scholarships paid by Crous) are sources of anxiety.

• The need for immediacy: International students must be able to prove that they have sufficient resources and need a local payment account as soon as they arrive.
• Payment of financial aid: The process for receiving scholarships (Erasmus+, national aid) must be transparent and fast.

Advanced features: Treezor’s BaaS offering

To meet these challenges, Treezor has designed an API-first, cloud-native payment platform that enables student mobility stakeholders to offer a comprehensive range of white-label financial services based on simplicity, security and compliance:

Why choose Treezor: Your regulatory and technological partner

Choosing Treezor means relying on a partner that provides essential regulatory security in a rapidly growing and highly regulated sector:

• Approved Electronic Money Institution (EMI) status: Treezor takes care of complex regulatory obligations (AML/CFT, KYC/KYB), allowing its partners to focus on product innovation. Funds available in accounts are segregated in accordance with regulations, ensuring their security.
• Expert Support: Beyond technology, Treezor offers strategic, legal and technical support, ensuring that the solution deployed is perfectly suited to the specific use case of student mobility.
• Optimal User Experience: The integration of Treezor services via API places payment management at the heart of the customer journey, offering a native and simple experience. The solution’s modularity ensures that it can evolve in line with needs.

By centralizing all financial services related to student mobility, Treezor creates a true financial hub that facilitates students’ day-to-day management, builds their confidence and optimizes their chances of success in their studies abroad. In a context marked by strict regulatory requirements and a market of several hundred thousand students in Europe, Treezor offers a comprehensive, reliable and innovative solution for digitizing and securing the financial management of student mobility.