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ErudiFi
SingaporeHigher-edSeries AActive
- $60M+ in tuition fees financed for 60,000+ students
- Operates as Danacita (Indonesia) and Bukas (Philippines)
- Partnerships with 50+ universities and vocational schools
- Y Combinator Winter 2018 batch
- 88-person team as of 2024
- 97% of borrowers could not find viable financing alternatives
About
ErudiFi is a fintech company providing affordable education financing for students in Southeast Asia. Operating as Danacita in Indonesia and Bukas in the Philippines, it offers flexible installment plans for tuition fees and partners with educational institutions to increase student retention. The company has financed over $60 million in tuition fees for 60,000+ students.
The facts
- Stage
- Series A
- Total raised
- $20M
- Last round
- Debt
- Founded
- 2019
- Status
- Active
- Business model
- B2B2C-schools
- Markets
- Indonesia, Philippines
- Headcount
- 51-200
- Profitable
- Unknown
- Traction
- 60,000+ students financed
- Public sources
- 30
Funding
Series A2021$5.0M
Debt—$15M
Founders
Founders not yet verified from public sources.
Investors & backers
Y CombinatorMonk's Hill Ventures
Evidence log
Every fact above traces to a public source. The full evidence log, with links, types, and dates, is part of the private layer.