[Reskilling Survey] 'High Cost' Identified as the Top Barrier to Enrollment, Surpassing Lack of Time or Information

GeNiE Inc. (Headquarters: Chuo-ku, Tokyo; President: Yuichiro Saito), a company specializing in embedded finance, conducted a survey on 'Reskilling and Payment Methods' targeting men and women aged 20 to 69 across Japan. The survey found that for those considering self-funded skill-up courses, the psychological hurdle of 'high cost' outweighs concerns about time or lack of information, directly influencing their decision-making. Furthermore, the breakdown of financial hurdles shows that not only the 'total cost' but also the 'monthly payment amount' and 'lack of installment options' are significant barriers, indicating that payment flexibility is a key factor in enrollment behavior. Additionally, about 71.0% of respondents felt 'a sense of security' regarding installment services offered directly by schools, and over 62.3% expressed a positive intention to use them, highlighting growing interest in flexible payment methods within the reskilling sector. (Summary of survey data omitted). GeNiE's embedded finance service, 'Money no Lamp,' allows users to seamlessly complete loan applications, screening, and contracts from the moment they sign up for a course, preventing drop-offs by providing necessary funds smoothly.