zenda
ActiveBNPL and payment solutions for school fees in UAE
zenda is a school fee payment platform enabling parents to pay tuition in flexible installments while schools receive full payment upfront.
Founders
Funding Rounds
Lead: STV
Investors: STV, COTU Ventures, Global Founders Capital, VentureSouq
Oversubscribed seed round. Wamda reports it as led by STV; The National and the press release list the four investors without naming a lead. Founders Raman Thiagarajan (CEO) and Haseeb Ahmed, ex-McKinsey; company founded June 2021, operating in UAE and India. Also: https://www.wamda.com/2022/04/uae-fintech-zenda-raises-9-4-million-seed-accelerate-india-expansion-plans https://www.thenationalnews.com/business/money/2022/04/25/school-fees-app-to-ease-cash-flow-stress-for-parents-raises-94m/ https://forbesmiddleeast.com/innovation/startups/uae-based-startup-zenda-raises-$94m-in-in-latest-funding-round-heres-why https://mena.entrepreneur.com/growth-strategies/we-got-funded-mena-school-fees-app-zenda-raises-us94/426374 Confidence: confirmed (round 13, Zawya (company press release)).
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