Flywire, the startup company that aids universities, hospitals and business with foreign currency payments has announced it has raised $100 million in series D venture funding.

Global accommodation platform HousingAnywhere has raised €6 million in a Series B Financing Round for product innovation and market expansion.

Quad Learning is raises funds, to 'pivot' in focus towards student recruitment, according to its CEO, regardless of a dip in international enrolments. 

The late-2017 announcement to freeze funding for the Commonwealth Grant Scheme could have a run-on effect for regional universities looking to recruit international students.

Many countries in Europe have failed to repair cuts made to higher education since the 2008 financial crisis, despite experiencing economic recovery. Ireland, Italy and Spain are at lower levels than 2008.

The new Erasmus+ programme has paid out €918m in grants for studying, training or volunteering abroad in 2014, the European Commission has said, funding work and study abroad for more than 500,000 students and 150,000 staff across Europe.

The Russian Department of Education has assigned nearly 10.15bn roubles in grants to 14 of its top-performing universities through Project 5-100, which aims to see five of the country's universities enter the top 100 globally ranked higher education institutions by 2020.