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Monk’s Hill Ventures and Qualgro lead $5m round in edfintech firm ErudiFi

  • Portfolio company, Qualgro in the news
  • February 23, 2021

By Jeremy Soh, Anqi Chen, Weisheng Neo

Tags: Data, Consumer Insights

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In Philippines and Indonesia, the high cost of private higher education along with a lack of financing options is an obstacle for many families – at least 60% of the families in Philippines and Indonesia will require some form of financial assistance to send a child to a private university.

ErudiFi addresses this pain point by offering education loans via school partners. By making education more accessible to students and families in this region, Erudifi hopes to create a better tomorrow for youths in Southeast Asia.

Read more about our most recent investment at: https://www.techinasia.com/monks-hill-venture-leads-5m-edfintech-firm-erudify

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