Paramount Students receives $500K in Market Development Funds from Greyhorse Clearinghouse Ltd towards International Student Cash Incentives.

LONDON and NEW YORK - March 19, 2024 - Paramount Students today announced that it has received $500K in funding as working capital from prominent financial services firm Greyhorse Clearinghouse Ltd, a subsidiary of Greyhorse Financial Corporation (USA). The funds will be utilised towards onboarding students via direct cash contributions and deploy Greyhorse’s innovative student finance solution designed to make education more accessible and affordable.

"This investment is the perfect catalyst to realize our vision of opening educational access for driven, aspiring students needing financial flexibility," said Khalid BOULHALA, Paramount Students CEO. "We've seen first-hand the pain points around upfront tuition costs and how they can derail academic goals. PASS lets us address those head on."?PASS is a registered, fully collateralized service issued by Greyhorse Captive and Reinsurance Fund, LLC through its authorised affiliates and partners.

Greyhorse's expertise in funding and distributing financial products will address social and economic stimulus towards all students in respective markets to get subsidized education and immediately access cash grant that can be used towards education or other activities. Paramount Students anticipates its university reach could increase within 18 months as PASS alleviates tuition cost barriers.

"It is through PASS, a subsidized educational system, that gives every child access to education at nominal to no cost. Not only will this empower them towards their future, but also give them hope for a brighter tomorrow.," said Greyhorse CEO Rahim Thawer. "Through Paramount’s domestic networks, we believe it can engage various institutions for the benefit of its students."

The investment represents a major milestone for Paramount Students and its customers benefiting from greater educational access and affordability.

About Paramount:

Paramount Students is a pioneering student recruitment platform that simplifies the process of connecting students worldwide with top universities. It serves as an efficient bridge between driven students seeking higher education opportunities and prestigious universities looking to attract exceptional applicants. Paramount Students offers a comprehensive platform where students can conveniently explore university options tailored to their aspirations, seamlessly submit applications, and access valuable resources, while universities gain access to a diverse, verified pool of high-potential candidates. With a focus on innovation, convenience, and personalized support, Paramount Students aims to reimagine and enhance the way students discover and secure admission to their ideal higher education institutions globally.

About Greyhorse:

Greyhorse Clearinghouse Ltd is a Cross-Border Multi-Currency Blockchain based Decentralized Clearinghouse that provides custodial settlement services via its external fully collateralized funds. Through its 100% Insured and Proprietary Digital Financial Infrastructure which allows Retail and Institutional Clients immediate Multi-Currency Liquidity. Registered Clients can also Lend, Borrow, Swap and Invest in Domestic and International Securities Markets through our Registered Affiliates as well as Securitize all of their Assets into Dollarization to Hedge against Currency Devaluation and/or Inflation. Established in 2020 in London, UK. With Over US$3.7B in Assets Under Management Representing institutional and retail clients. Greyhorse Clearinghouse Ltd is one of the Largest Decentralized Clearinghouses and remains a leading service provider to various Financial Institutions in both Developed & Emerging Markets

Khalid Boulhala Suhail Sajid Panjwani Muath Q. Wajahat Sheikh Omar Abedin Rahim Thawer Greyhorse Clearinghouse Ltd Said Abdulsalam Jade Martin Ahmad Shoushaa Rehana Maryyam Zeina Dimashki Ya?mur Kalayc? Umuhire Grace Ingabire Atwiine Frank Yetunde Mohammed Edoki Chukwuyem