Every year, over 700,000 workers, students, and apprentices from low-income countries arrive in the EU needing €2,500–€12,000 upfront to cover visa fees, language tests, qualification recognition, and relocation. No one finances this. Banks won't touch it. Families go into debt.

Workabroad Advance is our answer: an income-share agreement product that finances migration costs and collects repayments via employer-mediated payroll, once the worker is placed and earning. The SAM is €6.4B/year in the EU alone. Nobody has built this. You will.

Tasks

What you'll do

• Build the ISA underwriting model — default probability by borrower profile, income trajectory assumptions, and loss-given-default curves — without credit bureau data


• Set income-share rates and repayment caps by borrower cohort


• Stress-test the portfolio against macroeconomic shocks, default clustering, and income interruption events