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ErudiFi - About the company

ErudiFi is a series A company based in Singapore (Singapore), founded in 2019 by Naga Tan and Susli Lie. It operates as an Operator of platforms providing financial access for students pursuing education. ErudiFi has raised $5M in funding from investors like Monk's Hill Ventures, Y Combinator and ThirdStream Partners. The company has 10 active competitors, including 2 that are funded. Its top competitors include companies like Leap Finance, Edufi and GM Creditz.

Company Details

Operator of platforms providing financial access for students pursuing education. The platforms facilitate tuition installment plans and affordable loans for degree programs. They collaborate with educational institutions to offer integrated financing solutions. The platforms aim to broaden educational opportunities for students.
Email ID
*****@erudifi.com, *****@erudifi.com
Registered Address
PHILLIP STREET, Singapore, 48694
Key Metrics
Founded Year
2019
Location
Singapore, Singapore
Stage
Series A
Total Funding
$5M in 3 rounds
Ranked
Employee Count
107 as on Aug 31, 2026
Investment & Acquisitions
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ErudiFi's funding and investors

ErudiFi has raised a total funding of $5M over 3 rounds. Its first funding round was on 2019. Its latest funding round was a Conventional Debt round on Jan 17, 2022 for $*****. 1 investor participated in its latest round. ErudiFi has 15 institutional investors.

Here is the list of recent funding rounds of ErudiFi:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 17, 2022
3153928
Conventional Debt
4712816
8799343
5194026
5059939
Feb 23, 2021
5527146
Series A
5538253
6507681
7776721
4359830
2019
1700
Seed
4792
3505
5951
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ErudiFi's founders and board of directors

Founder? Claim Profile
The founders of ErudiFi are Naga Tan and Susli Lie. Naga Tan is the CEO of ErudiFi.
Here are the details of ErudiFi's key team members:

ErudiFi's Board of Directors

ErudiFi's board has 4 active members. Naga Tan and John Tan Yik Ann are part of team and Neo Weisheng and Ong Peng Tsin are independent board members.
Here is the list of ErudiFi's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 9m
hrcnw{g
Team
-
Current
3y 5m
Independent board member
-
Current
0y 10m
kkmfqea
Independent board member
-
Current
4y 6m
xbzeuym
Independent board member
-
Past
1y 3m

ErudiFi's employee count trend

ErudiFi has 107 employees as of Aug 26. Here is ErudiFi's employee count trend over the years:
Employee count trend for ErudiFi
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ErudiFi's Competitors and alternates

Top competitors of ErudiFi include Leap Finance, Edufi and GM Creditz. Here is the list of Top 10 competitors of ErudiFi, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ErudiFi
ErudiFi
2019, Singapore (Singapore), Series A
Operator of platforms providing financial access for students pursuing education
$5M
60/100
2nd
Logo for Leap Finance
Leap Finance
2019, Bengaluru (India), Unfunded
Provider of financial assistance for individuals pursuing education abroad
-
-
43/100
3rd
Logo for Edufi
Edufi
Singapore (Singapore), Seed
Developer of an education loan marketplace platform
$6.1M
35/100
4th
Logo for GM Creditz
GM Creditz
2016, Singapore (Singapore), Deadpooled
Consumer loans provider
-
-
17/100
5th
Logo for PMP Finance
PMP Finance
2016, Singapore (Singapore), Unfunded
Loans provider for consumers
-
-
16/100
6th
Logo for Licensed Moneylender
Licensed Moneylender
2011, Singapore (Singapore), Unfunded
Consumer loans provider
-
-
16/100
7th
Logo for Quick Credit
Quick Credit
2001, Singapore (Singapore), Unfunded
Diversified lending NBFI
-
-
16/100
8th
Logo for SIET
SIET
2021, Singapore (Singapore), Unfunded
Provider of education loans
-
-
16/100
9th
Logo for Golden Credit
Golden Credit
2010, Singapore (Singapore), Unfunded
Provider of diversified personal loans
-
-
16/100
10th
Logo for Calista Inventory Financing
Calista Inventory Financing
2021, Singapore (Singapore), Unfunded
Provider of consumer loans
-
-
16/100
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ErudiFi's Investments and acquisitions

ErudiFi has acquired Doyobi. ErudiFi has not made any investments as of now.

Reports related to ErudiFi

Here is the latest report on ErudiFi's sector:

News related to ErudiFi

Media has covered ErudiFi for 1 event in last 1 year.
•
Parent Danacita Acquires Edtech Startup DoyobiDailysocial•Mar 01, 2024•ErudiFi, Doyobi
•
Edfintech firm gets $15m debt facilityTech in Asia•Jan 17, 2022•ErudiFi, Helicap
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