About Edfundo
Edfundo is a company based in Dubai (United Arab Emirates) founded in 2020 by Simon Wing. Edfundo has raised $400 thousand across 1 funding round. Edfundo operates in a competitive market with competitors including Zywa and Cashee, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Simon Wing
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$400 K (USD)
in 1 rounds
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Latest Funding Round
$400 K (USD), Seed
Dec 02, 2021
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Investors
Not available
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Employee Count
Not available
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People of Edfundo
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Funding Insights of Edfundo
Edfundo has successfully raised a total of $400K through 1 strategic funding round. The most recent funding activity was a Seed round of $400 thousand completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investments & Acquisitions by Edfundo
Investment portfolio details for Edfundo
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Financial Statements - Edfundo
Detailed financials for Edfundo
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Edfundo Comparisons
Peer comparison for Edfundo
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Competitors of Edfundo
Edfundo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zywa and Cashee, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Digital banking services are provided for teenagers via an app.
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Digital banking services for teenagers are provided by Cashee.
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Detailed competitors of Edfundo
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Latest news on Edfundo
Complete news archive for Edfundo
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Frequently Asked Questions about Edfundo
Edfundo was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Edfundo is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Simon Wing is the current CEO of Edfundo. They have also founded this company.
Edfundo is a funded company, having raised a total of $400K across 1 funding round to date.
App-based platform for money management for students. For kids and teens, the company offers a prepaid debit card and app that is secure, rewarding, and instructive, as well as parental controls. Parents can assist their children in saving by paying interest on their money. It also helps users to keep track of their savings and expenses. The App is available for iOS and Android users.