Fundz

Future-Ready Finance: Edufi Bags $6.1M To Introduce ‘Study Now, Pay Later’ Student Loans

PRIVATENov 10, 2023

Amount Raised

$6.1 Million

Round Type

Funding Round

Financial ServicesEducationFintechLending

Investors

AbhiQ BusinessDeem Ventures LtdPalm Drive CapitalZayn VC

Description

EduFi has just announced a $6.1m pre-seed funding round to launch their student loans with Study Now Pay Later platform. The round comprised of prominent investors from across the globe. These include Zayn VC, who led the round, Palm Drive Capital, Deem Ventures Ltd, Q Business, Abhi, and several angels.

Quick answer

EduFi raised $6.1 Million in a Funding Round round, dated November 10, 2023. Investors: Abhi, Q Business, Deem Ventures Ltd, Palm Drive Capital and Zayn VC.

How much did EduFi raise?
EduFi raised $6.1 Million in a Funding Round round on November 10, 2023.
Who invested in EduFi?
Abhi, Q Business, Deem Ventures Ltd, Palm Drive Capital and Zayn VC are named as investors in this round.
What does EduFi do?
We are Pakistan's first student loan platform, helping students finance and plan for their education.
Who are the decision-makers at EduFi?
Fundz holds 1 contact at EduFi. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Education around the same time

Companies in the same sectors as EduFi that raised within 45 days of this round, from Fundz verified event records.

  • Kapital raised $125M (Debt Financing) on December 14, 2023.
  • Aye Finance raised $37M on December 13, 2023.
  • Lendo raised $28M (Series B) on December 10, 2023.
  • Pontera raised $60M (Funding Round) on December 7, 2023.
  • Ellipsis Labs raised $23M on December 6, 2023.
  • FrontEdge raised $10M on November 22, 2023.

Who to call at EduFi, and when

A new round usually means EduFi is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day EduFi raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at EduFi, from your own LinkedIn network

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Company Information

Company

EduFi

About

We are Pakistan's first student loan platform, helping students finance and plan for their education. Our innovative platform streamlines the borrowing process, making it easy for students to apply for loans and access funds quickly. In addition, our experienced counsellors provide one-on-one guidance to help students make informed decisions about their education, including selecting a school and degree program, managing their finances, and preparing for a successful career. Our team is dedicated to providing exceptional customer service and supporting our borrowers throughout their educational journey.

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EduFi raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.