About EdAid
EdAid is a Financial Services company based in London (United Kingdom) founded in 2011. Interest-free student loans are facilitated through an online marketplace. It operates in the Financial Services and Education sectors. The company has 12 employees. Its website edaid.com draws about 14 thousand monthly visits. Its focus areas include FinTech, Islamic FinTech, Alternative Lending and Online Lenders. Its legal entity is EDAID LTD. Its competitors include Lendwise, StudentFunder and Edbridg; 2 of its 3 listed competitors have raised funding.
Company details
EdAid was founded in 2011 in London, United Kingdom. An online lending platform is maintained to link community donors with students requiring interest-free loans, repayable over periods of up to 10 years. Periodic repayments are structured to return funds to donors in real terms. Operations occur in the education financing sector, emphasizing community-supported student lending without interest charges.
- Latest Funding Round$13.22K (USD), Debt – Conventional
Apr 2020
- Employee Count12
Funding Insights of EdAid
- Total Rounds 1
- Last Round Debt – Conventional — $13,222
- First Round $13,222
(Apr 2020)
All 1 funding rounds of EdAid with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2020 | $13,222 | Debt – Conventional | – | – | – |
People of EdAid
3 people are tracked at EdAid (1 in leadership, 2 in team); the tracked headcount is 12.
| Name | Role | Group |
|---|---|---|
Tom Woolf | Founder | Leadership |
Bharti Duddukuri | Senior Software Engineer | Team |
Neha Patangya | Global Financial Controller & Regional Manager | Team |
Complete people profiles for EdAid
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of EdAid
2 dated milestones of EdAid across 9 years, from founding to its latest funding, stage changes and deals.
- Founded EdAid is founded.
- Funding First funding round of $13K.
Competitors of EdAid
EdAid has 3 listed competitors in our database, 2 of them funded. They include Lendwise, StudentFunder and Edbridg.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lendwise.com | 2006 | London, United Kingdom | $2.4M | 5 | Online P2P lending platform | |
| studentfunder.com | 2012 | London, United Kingdom | $872,000 | Operates a peer-to-peer platform for education loans to support student funding. | ||
| edbridg.com | 2019 | London, United Kingdom | 2 | Income-share financing for student education is provided. |
Detailed competitors of EdAid
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Web traffic of EdAid
The website of EdAid (edaid.com) receives about 14.4K visits a month.
- Monthly visits14.4K
▲ 45.8% vs previous month
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Related news about Edaid
Complete news archive for EdAid
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Frequently Asked Questions about EdAid
EdAid was founded in 2011 and raised its 1st funding round 9 years after it was founded.
EdAid is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
EdAid has 12 employees.
EdAid was founded in 2011 in London, United Kingdom. An online lending platform is maintained to link community donors with students requiring interest-free loans, repayable over periods of up to 10 years. Periodic repayments are structured to return funds to donors in real terms. Operations occur in the education financing sector, emphasizing community-supported student lending without interest charges.
EdAid's top competitors include Lendwise, Edbridg and StudentFunder.
EdAid operates through Edaid Ltd.