The Kitchener, Ont.-based company, which offers online services for international students, schools and recruiters, said it plans to use the money from RBC’s technology and innovation arm to expand globally, aiming to serve 20 new markets by the end of the decade. (The Logic)
Talking point: ApplyBoard currently lists 1,500 institutions in Canada, the U.S., U.K., Australia, Ireland for student applications, and is planning to launch in Germany and more destinations in Europe and Asia. Its expansion plan comes as international student enrolment in Canada fell an estimated 45 per cent this school year due to tighter federal policies. RBC has been working with the edtech firm since 2022 to provide financial-document verification for study-permit applicants, a program ApplyBoard said has helped 15,000 international students. It also launched an AI tool in June to offer support in any language.