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Reading: Pakistani Fintech EduFi Banks $6.1M to Disrupt Student Loans
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EdutechFintech

Pakistani Fintech EduFi Banks $6.1M to Disrupt Student Loans

Sana Rizwan
Last updated: February 12, 2024 1:51 pm
Sana Rizwan
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Contents
EduFi’s Game-Changing MissionEmpowering Middle- and Low-Income FamiliesRevolutionizing Student Lending in Pakistan

EduFi’s Game-Changing Mission

Big news out of Pakistan today, future leaders – EduFi just scored a sweet $6.1 million in fresh funding to boost their AI-powered student lending platform!

Founded by rockstar investor and MIT grad Aleena Nadeem, EduFi is on a mission to shake up Pakistan’s snoozeville student loan scene.

Right now, options are super limited for students looking to finance their education.

Not cool.

Empowering Middle- and Low-Income Families

EduFi is headquartered in Singapore but operates in Pakistan, partnering with over a dozen local colleges that have around 200,000 students.

Their goal is to increase access to student loans for middle- and low-income families.

How does it work? EduFi uses artificial intelligence and the “study now, pay later” model to make getting a student loan fast and easy breezy.

Students can apply right from their app and get approved in a snap. Then EduFi sends the money straight to the school. No waiting around!

Revolutionizing Student Lending in Pakistan

EduFi’s fresh millions came from Zayn VC, Palm Drive Capital, Deem Ventures, and more.

Now they’re ready to revolutionize student lending in Pakistan and help empower the next generation of leaders. So listen up, future leaders of Pakistan – if you need money for college, check out EduFi’s cutting-edge lending platform.

The future of student loans is here!

TAGGED:div5

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