Frequently Asked Questions
Need help? Check out these answers to the most common questions.
1. What is Mydra?
- Background
- Mydra, established in 2019, has quickly become a leader in reskilling and upskilling, with a strong presence in Spain, Portugal, and the UK. We are backed by leading institutional investors such as Iberis Capital, Armilar Venture Partners, and we receive support from the European Investment Fund. We have successfully funded thousands of learners through our platform, which features a carefully curated course catalogue from top educational providers.
- Leading courses in trending categories
- We partner with leading education providers across the globe to bring you the best of the best courses in trending skills categories such as AI, Data, Product, Software Engineering, Leadership and Green Skills - plus many more.
- Career CoPilot
- We are proud of providers we have partnered with and the quality of the courses on our platform - but we also know that you may need a helping hand to guide you.
- To do this we have created an AI powered career copilot designed to identify your career objectives, learn about your education and work experience so far, and then co create your learning path to achieve your goals - this includes recommending the specific courses we think are best suited to you.
- Flexible Payment Options
- We have simplified the complex and offer a range of great payment options:
- Pay Up Front: if you want to pay 100% of the course fee right away.
- Instalments: split the course fee into 3, 6 or 12 payments (depending on course fee) at 0% interest - totally free for you
- Learning Budget: if your employer has a learning budget, you can apply this at checkout to cover some or all of your course fees.
- Employee tax benefits: pay for your course from your pre-tax salary - reducing the tax you pay and effectively lowering the cost of the course. Plus, you can split this into instalments.
- Income Share Agreements: for some courses we offer ISAs - we take a fixed % of your monthly income for a set period, and if your income drops below a pre-agreed threshold you can pause your payments.
- Combine your payment options to maximise your benefits and access to learning! Learning budgets, employee tax benefits and instalments can all be combined.
- We have simplified the complex and offer a range of great payment options:
- Would all of these payment options be available to me?
- This will depend on your circumstances - and in particular, a few of our options depend on whether your employer has fully signed up yet (don’t worry, if they haven’t it's very easy for them to do!). When you go to pay for your course, you’ll instantly see what payment options are available:
- Pay Up Front - available for all without restriction.
- Learning Budget - this will depend on whether your company has a learning budget
- Instalments - your employer will need to have signed up to Mydra - this is zero risk to them, and only takes a few minutes.
- Employee tax benefits - this option is currently only available in Spain, and will depend on who your employer’s retribucion flexible partner is.
- Income Share Agreements - available on selected courses (we’ll show this option at checkout if available).
- You can find out more detail about our payment options and how they work in Mydra Payment Options.
- This will depend on your circumstances - and in particular, a few of our options depend on whether your employer has fully signed up yet (don’t worry, if they haven’t it's very easy for them to do!). When you go to pay for your course, you’ll instantly see what payment options are available:
2. How can I get Mydra?
- ¡Anyone can use and access Mydra! All we ask is that you create an account - which you can do in 30 seconds or less. You’ll be able to access our career copilot, and access all of our courses.
3. Is the platform free?
- Yes! Access to Mydra will cost you nothing.
4. What kind of courses does Mydra offer?
- We are adding top quality providers and courses to our platform all the time. Right now, we have courses in the following categories:
- Marketing
- Design
- Business
- Artificial Intelligence
- Data
- Leadership
- Finance
- Cloud Engineering
- People and HR
- Cybersecurity
- Operations
- Green Skills
- Product Management
- Sales
- Devops
- Languages
5. Income Share Agreement (ISA)
- The purpose of this section is to provide a comprehensive overview of the payment options available with Mydra. This is intended as a central source of information that covers the key features, processes and benefits for each of the financing options - and in particular will be used to train both our AI assistants, as well as sharing information with our teams and 3rd party stakeholders.
- Income Share Agreement (ISA)
- What is an ISA?
An Income Share Agreement (ISA) is a flexible, stress-free way to fund your education without the burden of a traditional loan. Instead of dealing with fixed monthly payments, you agree to repay a small fixed percentage of your future gross income once you completed your studies and find a job. What makes it even better? You’ll only start paying once your income reaches a certain threshold, ensuring you only repay when you can comfortably afford it—and you’ll never pay more than the total tuition fee for your course.- For example, let’s say your course costs €2,500, and you agree to repay 10% of your gross income once you're earning at least €1,500 per month or €18,000 per year. If your gross monthly income is €2,000 / €24,000 gross annually, your payment would be €200 (10% of €2,000). Since the payment cap is equal to your tuition fee (€2,500), you’ll never pay more than that amount in total—no hidden costs, just simple, manageable payments!
- How It Works:
Payments are due every month after your studies, based on the agreed schedule. If your gross montly income is below €1,500 or €18,000 gross annually, you can request a pause in payments by submitting proof of income before your next payment is due. Payments will resume once your gross income is back above the threshold, but we’ll ask you to continue providing proof of income just to keep everything fair and transparent for everyone. It’s all about flexibility and peace of mind! And remember, if your income falls below €1,500 gross per month, your payments will pause. They’ll only resume when your income rises above the threshold again, ensuring that your repayments are always affordable. In short, ISAs are designed with your success in mind. They adjust to your financial situation, giving you peace of mind knowing you won’t be overwhelmed with payments, and you'll never pay more than the value of your education. It’s all about helping you grow without financial pressure!
- What is an ISA?