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ErudiFi logo — Expanding access to education in Southeast Asia

ErudiFi

Expanding access to education in Southeast Asia

Founded 2017 Indonesia Jakarta, Indonesia 160 employees Debt Financing Total: $20.00M Education, Lending and Investments

General Information

Company Name ErudiFi
Founded Year 2017
Location Indonesia Jakarta, Indonesia
Employees 160
Industries Education, Lending and Investments
Funding Stage Debt Financing
Social

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About ErudiFi

ErudiFi, operating as Danacita in Indonesia and Bukas in the Philippines, is a mission-driven financial technology company with the slogan "Expanding access to education in Southeast Asia." Established in 2017 and headquartered in Indonesia, ErudiFi is dedicated to broadening access to education by collaborating with universities and vocational schools to offer affordable installment plans for tuition fees. The company's recent milestone includes a substantial $15.00MDebt Financing investment on 17 January 2022, with Helicap as the investor. ErudiFi's focus on extending financial inclusion to underserved students across the region demonstrates its commitment to catalyzing generational transformation and shaping a brighter tomorrow within the Education industry. ErudiFi's innovative approach to addressing financial barriers to education makes it a compelling venture for venture capital consideration. By facilitating educational opportunities for a wider segment of the population in emerging markets, ErudiFi aligns with the growing emphasis on social impact investing. As it continues to expand and adapt its financial solutions, ErudiFi presents an intriguing opportunity for investors seeking both financial returns and societal advancement within the education sector.

Business keywords: Southeast Asia, access to education, Indonesia, Philippines, vocational schools, financial inclusion, affordable installment plans, tuition fees, universities, underserved students, generational transformation, mission-driven, ErudiFi

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $15.00M 1
Helicap
Helicap
17 Jan 2022
Non Equity Assistance Undisclosed 1
Google for Startups
25 Aug 2021
Series A $5.00M 3
Qualgro VC Brain-Too-Free Ventures
Qualgro VC, Brain-Too-Free Ventures +1
23 Feb 2021
Seed Round Undisclosed 5
Intudo Ventures Y Combinator GE32 Capital
Intudo Ventures, Y Combinator +3
04 Apr 2018

ErudiFi Alternatives & Competitors

ErudiFi vs
Funding U
Funding U United States

No-cosigner, merit-based student loans

Debt Financing
14 employees
Education, Financial Services
Compare ErudiFi vs Funding U

FAQ About ErudiFi

Expanding access to education in Southeast Asia
ErudiFi was founded in 2017.
ErudiFi is headquartered in Jakarta, Indonesia.
ErudiFi operates in Education and Lending and Investments. Its work centres on Southeast Asia, access to education, Indonesia and Philippines.
ErudiFi has approximately 160 employees.
ErudiFi has completed 4 funding rounds, raising a total of $20.00M. The latest funding stage is Debt Financing.
Top alternatives and competitors to ErudiFi include Funding U. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ErudiFi and Funding U are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ErudiFi, https://bouncewatch.com/company/erudifi, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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