Future-Ready Finance: Edufi Bags $6.1M To Introduce ‘Study Now, Pay Later’ Student Loans
Nov 10, 2023•about 2 years ago
Amount Raised
$6.1 Million
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers