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Zenda raises $9.4m in Seed funding

UAE based school billing startup raised $9.4m in seed funding led by STV and COTU Ventures. 

“Fee payments in schools are mostly manual, and where it is digital, it is cumbersome, expensive and has a manual aspect to it. With all the knowledge we have from our previous venture, we understand the education sector. And so, we have a parent-facing app… we also deeply integrate into educational institutions to remove the friction for both the parents and the schools.”

Tags

emerging markets, payments